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(b) easements, licenses or other rights with respect to any such proposed or intended use of the Premises or <br />(c) any condition of the Premises, and the availability or lack of availability shall not affect the rights or <br />obligations of the Lessee hereunder. Lessor acknowledges that the current physical condition of the <br />Premises as of the date hereof is in compliance with the physical condition in which Lessee is obligated to <br />surrender the Premises upon expiration of the Lease, Therefore: AS A MATERIAL PART OF THE <br />CONSIDERATION FOR THIS LEASE AND THE AMOUNT OF RENT TO BE PAYABLE <br />HEREUNDER, LESSEE AGREES THAT EXCEPT AS EXPRESSLY SET FORTH HEREIN, LESSEE <br />LEASES AND ACCEPTS THE PREMISES ON AN "AS IS" AND "WHERE IS" BASIS, WITH ALL <br />FAULTS, EXCEPT AS EXPRESSLY SET FORTH HEREIN, NO WARRANTY, REPRESENTATION <br />OR GUARANTEE OF ANY TYPE (EXPRESSED, IMPLIED OR STATUTORY, WRITTEN OR ORAL) <br />HAS OR IS MADE BY LESSOR WITH RESPECT TO THE PREMISES, INCLUDING, WITHOUT <br />LIMITATION, AS TO ANY OF THE FOLLOWING: (1) FITNESS FOR ANY PARTICULAR <br />PURPOSE, (1) MERCHANTABILITY, (III) CONDITION OR WORKMANSHIP, (IV) ABSENCE OF <br />DEFECTS OR FAULTS, (V) PRESENCE OR ABSENCE OF HAZARDOUS OR TOXIC <br />SUBSTANCES, (VI) OPERATION OR PERFORMANCE OF THE PREMISES OR SYSTEMS <br />THEREIN OR THE HABITABILITY OF THE PREMISES, (VII) COMPLIANCE WITH LAWS, <br />ORDINANCES, RULES OR REGULATIONS (FEDERAL, SATE OR LOCAL) and, INCLUDING, <br />WITHOUT LIMITATION, THOSE RELATING TO HEALTH, SAFETY, AND THE ENVIRONMENT, <br />AS THEY MAY APPLY TO THE CURRENT CONDITION OF THE PREMISES OR LESSEE'S <br />INTENDED USE OR (VIII) ANY GOVERNMENT LIMITATION OR RESTRICTION, OR ABSENCE <br />THEREOF, PERTAINING TO THE PREMISES. LESSEE ACKNOWLEDGES THAT LESSEE HAS <br />ENTERED INTO THIS LEASE RELYING UPON ITS OWN INVESTIGATION OF THE PHYSICAL, <br />ENVIRONMENTAL AND COMPLIANCE CONDITION OF THE PREMISES AND THAT LESSEE IS <br />NOT NOW RELYING, AND WILL NOT LATER RELY, UPON ANY REPRESENTATIONS AND <br />WARRANTIES MADE BY LESSOR OR ANYONE ACTING OR CLAIMING TO ACT, BY, <br />THROUGH OR UNDER OR ON LESSOR'S BEHALF CONCERNING THE PREMISES EXCEPT AS <br />EXPRESSLY SET FORTH HEREIN. Lessee is familiar with the Premises and their suitability for <br />Lessee's intended use. All documents which have been given to Lessee by Lessor have been delivered as <br />an accommodation to Lessee and without any representation or warranty as to the sufficiency, accuracy, <br />completeness, validity, truthfulness, enforceability, or assignability of any of the documents, all of which <br />Lessee relies on at its own risk. <br />56, Release. Lessee shall rely solely upon Lessee's own knowledge of the Premises based on <br />its investigation of the Premises and its own inspection of the Premises in determining the Premises' <br />physical condition. Lessee and anyone claiming by, through or under Lessee hereby waives its right to <br />recover from and fully and irrevocably releases Lessor and its respective members, employees, officers, <br />directors, partners, shareholders, beneficiaries, trustees, fiduciaries, representatives, agents, servants, <br />attorneys, affiliates, parent, subsidiaries, successors and assigns, and all persons, firms, corporations and <br />organizations acting in their behalf ("Released Parties") from any and all claims that it may now have or <br />hereafter acquire against any of the Released Parties for any costs, loss, liability, damage, expenses, <br />demand, action or cause of action arising from or related to any construction defects, errors, omissions or <br />other conditions, latent or otherwise, including environmental matters, affecting the Premises or any portion <br />thereof except for Lessor's obligations under this Lease. This release includes claims of which Lessee is <br />presently unaware or which Lessee does not presently suspect to exist which, if known by Lessee, would <br />materially affect Lessee's release to Lessor. In this connection and to the fullest extent permitted by law, <br />Lessee hereby agrees, represents and warrants that Lessee realizes and acknowledges that factual matters <br />now unknown to it may have given or may hereafter give rise to causes of action, claims, demands, debts, <br />controversies, damages, costs, losses and expenses which are presently unknown, unanticipated and <br />unsuspected, and Lessee further agrees, represents and warrants that the waivers and releases herein have <br />been negotiated and agreed upon in light of that realization and that, as a material portion of the <br />consideration given to Lessor by Lessee in exchange for Lessor's performance hereunder, Lessee <br />13013641. I /48581-00004 <br />