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orders and directives pertaining to Hazardous Materials in, on or under the Leased Premises or <br /> any portion thereof. <br /> (c) Indemnity. Lessee agrees to indemnify, protect, hold harmless and defend <br /> (by counsel reasonably satisfactory to Lessor) Lessor, its boardmembers, officers, and employees <br /> from and against any and all claims, losses, damages, liabilities, fines penalties, charges, <br /> administrative and judicial proceedings and orders judgments, remediation action requirements, <br /> enforcement actions of any kind, and all costs and expenses incurred in connection therewith. <br /> (including, but not limited to, attorney's fees and expenses), arising directly or indirectly, in <br /> whole or in part, out of: (1) the failure during the Lease Term of Lessee or any employees, <br /> agents, contractors or subcontractors of the Lessee, other than any indemnitee, to comply with <br /> any Hazardous Materials Law relating in any way whatsoever to the handling, treatment, <br /> presence, removal, storage, decontamination, cleanup, transportation or disposal of Hazardous <br /> Materials into, on, under or from the Land; (2) any releases or discharges of any Hazardous <br /> Materials by Lessee or any employees, agents, contractors' or subcontractors of the Lessee, other <br /> than any indemnitee, occurring during the Lease Term into, on, under or from the Land, except <br /> for Hazardous Materials that existed in , on, or under the' Land prior to the execution of this <br /> Lease; (3) any activity carried on or undertaken on or off the Land during the Lease Term by <br /> Lessee or any employees, agents, contractors or subcontractors of Lessee, in connection with the <br /> . handling, treatment, removal, storage, decontamination, cleanup, transport or disposal of any <br /> Hazardous Materials at any time located or present on or under the Land. The provisions of this <br /> subsection shall survive expiration of the Lease Term, as set forth in Section 2.2, or other <br /> termination of this Lease, and shall remain in full force and effect. Notwithstanding the <br /> foregoing, Lessee's duty to indemnify Lessor under the provisions of this Section shall not <br /> include any claims arising from any acts, omissions or events occurring subsequent to a Transfer <br /> approved by Lessor pursuant to this Lease. This indemnity obligation shall not extend to any <br /> claim arising from Lessor's negligence or willful misconduct. <br /> • <br /> Section 5.6 "As Is" Conveyance. <br /> (a) Any deed or ground lease to Lessee shall be made "As Is," with no <br /> warranties or representations by the Lessor concerning the condition of the Land, including the <br /> presence or absence of any Hazardous Materials. Lessee hereby agrees and acknowledges that <br /> except in the event of any fraud, misrepresentation, or withholding of information by Lessor: <br /> (i) neither Lessor, nor anyone acting for or on behalf of Lessor, has made any representation, <br /> statement, warranty or promise to Lessee concerning the development potential or condition of <br /> the Land; (ii) in entering into this Lease, Lessee has not relied on any representation, statement or <br /> warranty of Lessor, or anyone acting for or on behalf of Lessor, other than as may expressly be <br /> contained in writing in this Lease; (iii) all matters concerning the Land have been or shall be <br /> independently verified by Lessee and that Lessee shall purchase or lease the Land on Lessee's <br /> own prior examination thereof; and (iv) THAT LESSEE IS PURCHASING OR LEASING THE <br /> LAND, AS APPLICABLE, IN AN "AS IS" PHYSICAL CONDITION AND IN AN "AS IS" <br /> STATE OF REPAIR. <br /> (b) General Release. Subject to subsection (a) above, Lessee and its owners, <br /> employees, agents, assigns and successors agree that upon the execution of the Lease, Lessee <br /> shall be deemed conclusively to have released and discharged Lessor and its agents, employees, <br /> trustees, assigns and successors, from any and all damages, losses, demands, claims, debts, <br /> 1441105\153233.25 20 <br />