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"Hazardous Substance" or "Hazardous Substances" means any pollutant, contaminant,
<br />hazardous substance or waste, solid waste, petroleum product, distillate, or fraction,
<br />radioactive material, chemical known to cause cancer or reproductive toxicity,
<br />polychlorinated biphenyl or any other chemical, substance or material listed or identified
<br />in or regulated by any Environmental Law.
<br />11 RELEASE. Buyer, for itself, its directors, officers, stockholders, divisions, agents,
<br />affiliates, subsidiaries, predecessors, successors, and assigns and anyone acting on its
<br />behalf or their behalf hereby fully releases and forever discharges Seller from any and all
<br />Claims (including without limitation all Claims arising under any Environmental Law
<br />and all Claims arising at common law, in equity or under a federal, state or local statute,
<br />rule or regulation), past, present and future, known and unknown, existing and
<br />contingent, arising out of, resulting from, or relating to the condition of the Property, and
<br />Buyer hereby waives any and all causes of action (including without limitation any right
<br />of contribution) Buyer had, has or may have against Seller and anyone acting on its
<br />behalf with respect to the condition of the Property, whether arising at common law, in
<br />equity or under a federal, state or local statute, rule or regulation. The foregoing shall
<br />apply to any condition of the Property, known or unknown, contemplated or
<br />uncontemplated, suspected or unsuspected, including without limitation the presence of
<br />any Hazardous Substance on the Property, whether such Hazardous Substance is located
<br />on or under the Property, or has migrated from or to the Property.
<br />12. INDEMNITY. Buyer agrees to indemnify, hold harmless and defend Seller or anyone
<br />acting on its behalf for, from and against any and all Claims (including without limitation
<br />all Claims arising under any Environmental Law and all Claims arising at common law,
<br />in equity or under a federal, state or local statute, rule or regulation) past, present and
<br />future, existing and contingent, known and unknown arising out of, resulting from, or
<br />relating to the condition of the Property. The foregoing shall apply to any condition of
<br />the Property, known or unknown, contemplated or uncontemplated, suspected or
<br />unsuspected, including without limitation the presence of any Hazardous Substance on
<br />the Property, whether such Hazardous Substance is located on or under the Property, or
<br />has migrated from or to the Property, regardless of whether the foregoing condition of the
<br />Property was caused in whole or in part by the Seller's actions or inactions.
<br />13. NOTICES. Notices permitted or required by this Agreement must be in writing and
<br />shall be deemed given when delivered in legible form to the party to whom addressed.
<br />Notices may be sent by certified mail, fax or e-mail. Notices are effective two business
<br />days after they are mailed via certified mail, return receipt requested or, if delivered in
<br />any other manner, when the party to whom the notice is directed actually receives the
<br />notice. If delivered at the Closing, a notice shall be deemed given when hand -delivered
<br />to the party's representative at the Closing. The business addresses of the parties are as
<br />follows:
<br />Seller:
<br />Director of Community Development
<br />City of Lino Lakes
<br />600 Town Center Parkway
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