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COMS-007-11 Bloomfield Pioneer Cemetery - Town of Milton

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:8897579_2.DOC.<br />

Purchaser, its agents, employees or lending institution in any way for any omission or<br />

inaccuracy contained therein. The Purchaser covenants and agrees that any and all<br />

environmental reports provided by the Vendor or obtained by the Purchaser and the<br />

information contained therein are strictly confidential and the Purchaser represents and<br />

warrants that neither the Purchaser, its employees, agents, consultants, or lending<br />

institution, all <strong>of</strong> whom shall be bound by the same confidentiality obligations, will<br />

release the report(s) or any <strong>of</strong> the information contained therein to any other individual,<br />

or corporation or to any federal, provincial, or municipal agency, institution or any other<br />

Authority, other than such disclosure as is necessary to permit proper evaluation <strong>of</strong> the<br />

Property by the Purchaser’s lending institution, without the express written consent <strong>of</strong> the<br />

Vendor, and the Purchaser shall refuse all requests for such report(s) or information in the<br />

absence <strong>of</strong> the Vendor's express written consent, unless compelled to do so by any<br />

competent judicial or administrative Authority. If this Agreement is terminated for any<br />

reason, the Purchaser will return to the Vendor all environmental reports and Property<br />

Documents without keeping copies. The Purchaser shall deliver to the Vendor forthwith<br />

following receipt, copies <strong>of</strong> any and all environmental reports the Purchaser commissions<br />

or obtains during the course <strong>of</strong> its investigations.<br />

5(6) In the absence <strong>of</strong> the Purchaser delivering a waiver <strong>of</strong> the Purchaser’s conditions or in the<br />

event <strong>of</strong> this Agreement not being terminated as herein provided, the Purchaser shall be<br />

conclusively deemed to have waived all requisitions concerning any matters relating to<br />

the Property, save for any valid requisition on title made within the Inspection Period,<br />

and the Purchaser shall accept full responsibility for all conditions related to the Property,<br />

and the Purchaser shall comply with all orders relating to the condition <strong>of</strong> the Property<br />

issued by any competent government Authority, court or administrative tribunal,<br />

including any order issued against the Vendor including without limitation, any noncompliance<br />

with Environmental Law or relating to the existence <strong>of</strong> any Hazardous<br />

Substance or Contaminant.<br />

5(7) The Purchaser shall be responsible for and hereby indemnifies and saves harmless the<br />

Vendor and its employees, directors, <strong>of</strong>ficers, appointees and agents from any costs,<br />

including legal and witness costs, claims, demands, civil actions, prosecutions, or<br />

administrative hearings, fines, judgments, awards, including awards <strong>of</strong> costs, that may<br />

arise as a result <strong>of</strong> the condition <strong>of</strong> the Property, any order issued by any competent<br />

governmental Authority in connection with the condition <strong>of</strong> the Property, or any loss,<br />

damage, or injury caused either directly or indirectly as a result <strong>of</strong> the condition <strong>of</strong> the<br />

Property including, without limitation, non-compliance with Environmental Law or the<br />

existence <strong>of</strong> any Hazardous Substance or Contaminant.<br />

5(8) This section 5 shall not merge but shall survive the Date <strong>of</strong> Closing and shall be a<br />

continuing obligation <strong>of</strong> the Purchaser.<br />

5(9) The conditions set forth above in subsection 5(2) have been inserted for the sole benefit<br />

<strong>of</strong> the Purchaser and may be waived by the Purchaser at any time prior to the expiration<br />

<strong>of</strong> the Inspection Period.<br />

VENDOR'S CONDITIONS<br />

7.

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