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17. Compliance With Environmental Laws. To the best of Agency's knowledge the Property complies with <br />all applicable laws and governmental regulations including, without limitation, all applicable federal, state, and <br />local laws pertaining to air and water quality, hazardous waste, waste disposal, and other environmental matters, <br />including, but not limited to, the Clean Water, Clean Air, Federal Water Pollution Control, Solid Waste <br />Disposal, Resource Conservation Recovery and Comprehensive Environmental Response Compensation and <br />Liability Acts, and the California Environment Quality Act, and the rules, regulations, and ordinances of the city <br />within which the subject property is located, the California Department of Health Services, the Regional Water <br />Quality Control Board, the State Water Resources Control Board, the Environmental Protection Agency, and all <br />applicable federal, state, and local agencies and bureaus. <br />18. Indemnity. Agency agrees to indemnify, defend and hold the City harmless from and against any claim, <br />action, suit, proceeding, loss, cost, damage, liability, deficiency, fine, penalty, punitive damage, or expense <br />(including, without limitation, attorneys' fees), resulting from, arising out of, or based upon (i) the presence, <br />release, use, generation, discharge, storage, or disposal of any Hazardous Material on, under, in or about, or the <br />transportation of any such materials to or from, the Property, or (ii) the violation, or alleged violation, of any <br />statute, ordinance, order, rule, regulation, permit, judgment, or license relating to the use, generation, release, <br />discharge, storage, disposal, or transportation of Hazardous Materials on, under, in, or about, to or from, the <br />Property. This indemnity shall include, without limitation, any damage, liability, fine, penalty, punitive damage, <br />cost, or expense arising from or out of any claim, action, suit or proceeding for personal injury (including <br />sickness, disease, or death, tangible or intangible property damage, compensation for lost wages, business <br />income, profits or other 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 extends only to <br />liability created prior to or up to the date this escrow shall close. Agency shall not be responsible for acts or <br />omissions to act post close of this escrow. <br />19. Contin ency. It is understood and agreed between the parties hereto that the completion of this <br />transaction, and the escrow created hereby, is contingent upon the specific acceptance and approval of the City <br />herein. The execution of these documents and the delivery of same to Escrow Agent constitutes said acceptance <br />and approval. <br />20. Modification and Amendment. This Agreement may not be modified or amended except in writing <br />signed by the Agency and City. <br />21. Partial Invalidity. Any provision of this Agreement that is unenforceable or invalid or the conclusion of <br />which would adversely affect the validity, legality, or enforcement of this Agreement shall have no effect, but <br />all the remaining provisions of this Agreement shall remain in full force. <br />22. Captions. Captions and headings in this Agreement, including the title of this Agreement, are for <br />convenience only and are not to be considered in construing this Agreement. <br />23. Governing Law• This Agreement shall be governed by and construed in accordance with the laws of the <br />State of California. <br />24. No Reliance By One Party On The Other. Each party has received independent legal advice from its <br />attorneys with respect to the divisibility of executing this Agreement and the meaning of the provisions hereof. <br />The provisions of this Agreement shall be construed as to their fair meaning, and not for or against any parry based <br />upon any attribution to such party as the source of the language in question. <br />4 <br />80A-9 <br />