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<br /> <br /> <br /> <br />374126 SJR MU210-5 <br />2 <br />or compensation, whether or not involving any injury or threatened injury to human health, the <br />environment or natural resources, resulting or allegedly resulting from any activity or event <br />described in (i) above; (vii) there are not now any actions, suits, proceedings or damage settlements <br />relating in any way to Hazardous Substances, in, upon, under, over, or from the Site, (viii) the Site is <br />not listed in the United States Environmental Protection Agency’s National Priorities List of <br />Hazardous Waste Sites or any other list of Hazardous Substance sites maintained by any federal, <br />state or local governmental agency; and (ix) the Site is not subject to any lien or claim for lien or <br />threat of a lien in favor of any governmental entity or agency as a result of any release or threatened <br />release of any Hazardous Substance. <br /> <br /> (b) The Lessee shall not store, locate, generate, produce, process, treat, transport, <br />incorporate, discharge, emit, release, deposit, or dispose of any Hazardous Substance in, upon, <br />under, over or from the Site in violation of any Environmental Regulation, shall not permit any <br />Hazardous Substance to be stored, located, generated, produced, processed, treated, transported, <br />incorporated, discharged, emitted, released, deposited, disposed of, or to escape therein, thereupon, <br />thereunder, thereover, or therefrom in violation of any Environmental Regulation, shall cause all <br />Hazardous Substances to be properly removed therefrom and properly disposed of in accordance <br />with all applicable Environmental Regulations, and shall not install or permit to be installed any <br />underground storage tank thereon or thereunder in violation of any Environmental Regulations <br />which are applicable to the Site. <br /> <br /> In the event any Hazardous Substance is found upon, under, over or from the Site in <br />violation of any Environmental Regulation and caused by Lessee, or if any lien or claim for lien in <br />favor of any governmental entity or agency is threatened as a result of any release of any Hazardous <br />Substance by Lessee, the Lessee shall, within ten days of such finding, deliver written notice thereof <br />to the City and shall promptly remove such Hazardous Substances caused or released by Lessee <br />upon, under, over, or from the Site and prevent the imposition of any liens against the Site for the <br />cleanup of any such Hazardous Materials. Such removal shall be conducted and completed in <br />compliance with all applicable federal, state and local laws, regulations, rules ordinances and <br />policies, in accordance with the orders and directives of all federal, state and local governmental <br />authorities. In the event the Lessee has not removed such Hazardous Substances caused or released <br />on the Site by Lessee within a time period deemed reasonable by the City, the City may, at its <br />discretion, take such remedial action as the City deems appropriate. <br /> <br /> Each party hereto further agrees, to the extent permitted by Minnesota law, to reimburse the <br />other party for any and all claims, demands, judgments, penalties, liabilities, costs, damages and <br />expenses, including court costs and attorneys fees directly or indirectly incurred by the reimbursing <br />party’s act or failure to act in any action resulting from any breach of the foregoing covenants. The <br />foregoing representations, warranties, and covenants of this Section shall be deemed continuing <br />covenants, representations, and warranties for the benefit of the parties hereto, including but not <br />limited to any purchaser at a foreclosure sale, any transferee of the title of the City or the Lessee or <br />any other purchaser at a foreclosure sale, and any subsequent owner of the Site, and shall survive <br />the satisfaction or release of this Lease, any foreclosure of a mortgage lien, and any acquisition of <br />title to the Site or any part thereof by the Lessee or any other party, by deed in lieu of foreclosure or <br />otherwise. Any amounts covered by the foregoing shall bear interest from the date incurred at the <br />maximum rate permitted by law and shall be payable on demand. <br />