Laserfiche WebLink
Liability Acts, and the California Environment Quality Act, and the rules, regulations, and <br />ordinances of the city within which the subject property is located, the California Department of <br />Health Services, the Regional Water Quality Control Board, the State Water Resources Control <br />Board, the Environmental Protection Agency, and all applicable federal, state, and local <br />agencies and bureaus. <br />19. Indemnity. Seller agrees to indemnify, defend and hold the City harmless from and <br />against any claim, action, suit, proceeding, loss, cost, damage, liability, deficiency, fine, penalty, <br />punitive damage, or expense (including, without limitation, attorneys' fees), resulting from, <br />arising out of, or based upon (i) the presence, release, use, generation, discharge, storage, or <br />disposal of any Hazardous Material on, under, in or about, or the transportation of any such <br />materials to or from, the Property, or (ii) the violation, or alleged violation, of any statute, <br />ordinance, order, rule, regulation, permit, judgment, or license relating to the use, generation, <br />release, discharge, storage, disposal, or transportation of Hazardous Materials on, under, in, or <br />about, to or from, the Property. This indemnity shall include, without limitation, any damage, <br />liability, fine, penalty, punitive damage, cost, or expense arising from or out of any claim, action, <br />suit or proceeding for personal injury (including sickness, disease, or death, tangible or <br />intangible property damage, compensation for lost wages, business income, profits or other <br />economic loss, damage to the natural resource or the environment, nuisance, pollution, <br />contamination, leak, spill, release, or other adverse effect on the environment). This indemnity <br />extends only to liability created prior to or up to the date this escrow shall close. Seller shall not <br />be responsible for acts or omissions to act post close of this escrow. <br />20. Contingency. It is understood and agreed between the parties hereto that the <br />enforceability of this PSA, and the escrow created hereby, is contingent upon the express <br />acceptance and approval of this PSA by City. The execution of this PSA by City, and the <br />delivery of same to Escrow Agent, shall constitute said acceptance and approval. <br />21. Modification and Amendment. This Agreement may not be modified or amended <br />except in writing signed by the Seller and City. <br />22. Partial Invalidity. Any provision of this Agreement that is unenforceable or invalid or <br />the conclusion of which would adversely affect the validity, legality, or enforcement of this <br />Agreement shall have no effect, but all the remaining provisions of this Agreement shall remain <br />in full force. <br />23. Captions. Captions and headings in this Agreement, including the title of this <br />Agreement, are for convenience only and are not to be considered in construing this <br />Agreement. <br />24. Governing Law. This Agreement shall be governed by and construed in accordance <br />with the laws of the State of California. <br />25. No Reliance By One Party On The Other. Each party has received independent legal <br />advice from its attorneys with respect to the divisibility of executing this Agreement and the <br />meaning of the provisions hereof. The provisions of this Agreement shall be construed as to their <br />fair meaning, and not for or against any party based upon any attribution to such party as the <br />source of the language in question. <br />i <br />Page 5 of 9 <br />Seller's Initials <br />