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OPA: Grimshaw House - City of Anaheim

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Until the Closing, Developer shall, upon learning <strong>of</strong> any fact or condition<br />

which would cause any <strong>of</strong> the warranties and representations in this Section not to<br />

be true, immediately give written notice <strong>of</strong> such fact or condition to Agency.<br />

303. Condition <strong>of</strong> the Site.<br />

303.1 Disclosure. As <strong>of</strong> the Date <strong>of</strong> Agreement, Agency has delivered to<br />

Developer copies <strong>of</strong> Agency’s Environmental Reports and Owner’s<br />

Environmental Reports. Other than as may be set forth in the Agency’s<br />

Environmental Reports and Developer’s Environmental Reports, Agency hereby<br />

represents and warrants to Developer that Agency has not received any written<br />

notice or communication from any government agency having jurisdiction over<br />

the Site, notifying Agency or any third party <strong>of</strong>, and Agency has no actual<br />

knowledge <strong>of</strong>, the presence <strong>of</strong> surface or subsurface zone Hazardous Materials in,<br />

on, or under the Site, or any portion there<strong>of</strong>.<br />

As <strong>of</strong> the Date <strong>of</strong> Agreement, Developer has delivered to Agency copies <strong>of</strong><br />

Developer’s Environmental Reports. Other than as may be set forth in the<br />

Developer’s Environmental Reports and Agency’s Environmental Reports,<br />

Developer hereby represents and warrants to Agency that Developer has not<br />

received any written notice or communication from any government agency<br />

having jurisdiction over the Site, notifying Developer or any third party <strong>of</strong>, and<br />

Developer has no actual knowledge <strong>of</strong>, the presence <strong>of</strong> surface or subsurface zone<br />

Hazardous Materials in, on, or under the Site, or any portion there<strong>of</strong>.<br />

303.2 Developer’s Investigation <strong>of</strong> the Site. During Developer’s Due<br />

Diligence Period, representatives <strong>of</strong> Developer shall have the right to access the<br />

Site during regular business hours and upon reasonable Notice to Agency for the<br />

purpose <strong>of</strong> obtaining data and conducting surveys and tests necessary to<br />

reasonably assess the suitability <strong>of</strong> the Site for the Project. Any surveys and tests<br />

conducted on the Site by Developer’s representatives shall be done at the sole<br />

expense <strong>of</strong> Developer and only after (i) Developer has secured any necessary<br />

permits from the appropriate governmental agencies and (ii) Developer has<br />

delivered to Agency a copy <strong>of</strong> the Right <strong>of</strong> Entry and License Agreement (Due<br />

Diligence and Pre-Closing Site Preparation) fully executed and acknowledged by<br />

Developer and satisfied the conditions precedent to Developer’s entry onto the<br />

Site set forth therein.<br />

(A) Soils and Engineering Assessment. Developer shall have the<br />

right, at its sole cost and expense, to engage its own consultants<br />

(“Developer’s Soils and Engineering Consultants”) to conduct a<br />

physical assessment and make such investigations as Developer<br />

deems necessary, including having prepared any “Soils Reports”<br />

and/or “Engineering Reports” <strong>of</strong> the Site, and Agency shall<br />

promptly be provided a copy <strong>of</strong> all reports and test results provided<br />

by Developer’s consultants (“Developer’s Soils and Engineering<br />

17

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