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to Section 311 of the Clean Water Act, (33 U.S.C. 51317), (x) defined as a "hazardous waste" <br />pursuant to Section 1004 of the Resource Conservation and Recovery Act, 42 U.S.C. 56901 et seq. <br />(42 U.S.C. S6903) or (A) defined as a "hazardous substances" pursuant to Section 101 of the <br />Comprehensive Environmental Response, Compensation, as amended by Liability Act, 42, U.S.C. <br />59601 et se q, (42 U.S.C. 59601). <br />18. Compliance With Environmental Laws. To the best of Seller's knowledge the Property <br />complies with all applicable laws and governmental regulations including, without limitation, all <br />applicable federal, state, and local laws pertaining to air and water quality, hazardous waste, waste <br />disposal, and other environmental matters, including, but not limited to, the Clean Water, Clean Air, <br />Federal Water Pollution Control, Solid Waste Disposal, Resource Conservation Recovery and <br />Comprehensive Environmental Response Compensation and Liability Acts, and the California <br />Environment Quality Act, and the rules, regulations, and ordinances of the city within which the <br />subject property is located, the California Department of Health Services, the Regional Water Quality <br />Control Board, the State Water Resources Control Board, the Environmental Protection Agency, and <br />all applicable federal, state, and local 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, arising <br />out of, or based upon (i) the presence, release, use, generation, discharge, storage, or disposal of any <br />Hazardous Material on, under, in or about, or the transportation of any such materials to or from, the <br />Property, or (ii) the violation, or alleged violation, of any statute, ordinance, order, rule, regulation, <br />________permit, judgment, or license relating to the use, generation, release, discharge, storage, disposal, or <br />transportation of Hazardous Materials on, under, in, or about, to or from, the Property. This indemnity <br />shall include, without limitation, any damage, liability, fine, penalty, punitive damage, cost, or expense <br />arising from or out of any claim, action, suit or proceeding for personal injury (including sickness, <br />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, <br />nuisance, pollution, contamination, leak, spill, release, or other adverse effect on the environment). <br />This indemnity extends only to liability created prior to or up to the date this escrow shall close. Seller <br />shall not 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 completion of <br />this transaction, and the escrow created hereby, is contingent upon the specific acceptance and <br />approval of the City herein. The execution of these documents and the delivery of same to Escrow <br />Agent constitute said acceptance and approval. <br />21. Modification and Amendment. This PSA may not be modified or amended except in writing <br />signed by the Seller and City. <br />22, Partial Invalidity. Any provision of this PSA that is unenforceable or invalid or the conclusion <br />of which would adversely affect the validity, legality, or enforcement of this PSA shall have no effect, <br />but all the remaining provisions of this PSA shall remain in full force. <br />23. Captions. Captions and headings in this PSA, including the title of this PSA, are for <br />convenience only and are not to be considered in construing this PSA. <br />24. Governing Law, This PSA shall be governed by and construed in accordance with the laws <br />of the State of California. <br />25. No Reliance By One Party On The Other. Each party has received independent legal advice <br />from its attorneys with respect to the advisability of executing this PSA and the meaning of the <br />25M -9 <br />