BRISTOL CENTER PROPERTIES, LLC (2)

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6.1,2 Conflicting Agrartments, Neitherthe execution or delivery of this Agreement, nor the consummation of the transaction contemplated herein, will conflict with,or result in a breach of; any contract, license or undertaking to which Seller la a party or by which Seller or any of the • Property is bound,or constitute a default thereunder. In addition,with respect to any agreements that affect the Property,neither Seller nor any other patty or parties to such agreements are in default thereunder nor arc there any acts that currently exist which with the passage of time wortldresult in any such default. To the best of Seller's knowledge,the Property Isnot subject to anyprescriptve easements, claims of adverse possession, encroachments or similar rights or claims. The Property is not subject to any leases,options or other similar rights or claims in favor of any third parties. The Property is not subject to a Williamson Act contract or any similar agricultural agreement. 6.1.3 laggilingg. To the best of Seller's knowledge, no legal or administrative proceeding is pending or threatened against Seller or the Prop nor are there any other facts or oitomustenoes which would adverse arty affect (i)Seller's right to convey title to the Properly to Buyer as contemplated in this Agreement, or(ii)Buyer's ability to own,develop and/or market the Pmpetty in the manner disblosed by Buyer to Seller. To the best of Seller's knowledge,there are no condemnation or eminent domain proceedings pending bt threatened with respect to the Property. tr.1A Binding Agreement. This Agreement constitutes a legal, valid and binding obligation of Seller enforceable against Seller In accordance with.its terms,except to tie extent that such enforcement may be limited by applicable hanluuptey,insolvency,moratorium and other principles relating to or limiting the tights of contracting parties generally. 6,1.5 Violations of Lew. On the Effective Date and Close of Escrow neither this Agreement nor the Property shill be in violation of any law,ordinance,rule regulation,or administrative or Judicial order. 6,1.6 Eazardonis Materials. Seller has not stored or released,caused to be stored or released or approved the storage or release on the Property,of any"hazardous materials"(as defined below). To the best of Seller's knowledge. (a)no prior owner of the Property has stored or caused to be stored any'hazardous materials on the Property;(b)no hazardous materials now exist In,.on or under the Property in violation of any"environmental law" (as defined below);(o)there are no underground tanks on the Property nor have there ever been anyunderground storage tanks on the Property;(d)no use of or operations on the Property have occurred which use or operation has violated • any applicable environmental law; and (e)the Property is not on any "Superfand" list under any applicable environmental law. As used herein, "environmental Jaw"shall mean any and all present federal,state or local laws (whether common law,statute,rule,regulation or otherwise),permits,orders and any other requirements of Governmental Authorities rebating to the environment .g.