Hazardous Substance Indemnity Agreement

(8) “dangerous substances”: any chemical, any substance or material designated as dangerous, toxic or radioactive or similar by federal, national or local environmental law, a regulation or regulation currently in force or likely to be adopted in the future, including, but not limited to: 7. The obligations of the free others are unconditional and should not be limited by non-recourse restrictions or other limitations of liability. , provided in a loan document (“loan documents”). The submissions, guarantees and compensation agreements provided in this agreement (including, but not limited to the compensation provided for in paragraph 6) are separate and distinct obligations from the obligations of the free subscriber and other loan documents proving the loan (b) are not guaranteed by the mortgage and other security documents that ensure the loan and cannot be insured by the forced execution of mortgage securities or other securities ( (c) is not alleviated by the payment of the loan and (d) continues indefinitely after any transfer of the assets, including, but not limited, to transfers resulting from enforcement procedures (judicial or not) or a transfer instead of forced execution. One of the most important ancillary documents for commercial real estate loans is environmental compensation. Under national and national environmental legislation, a property owner is strictly responsible for eliminating contamination by hazardous substances on such land. 11. Counter-parts. The parties agree that this instrument can be performed as a counter-part, each being considered original, and these counterparties together constitute the same agreement that binds all parties, regardless of satisfaction, regardless of the non-signatories of the original or the same parties. .

Comprehensive Federal Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. Section 9601, et seg. 1. The distribution officer is not aware, following a thorough examination of a) of the presence of “dangerous substances” (as defined below) on this land determined on 73-860 Makako Bay Drive, Kailua-Kana, Hawaii Island and County, State of Hawaii, identified by tax map Key Nr. (3) 7-3-043-063, legally described in “A” (the “property”) or (b) all spills , publications, releases or disposal of disinfected substances that have occurred on or on the ground or on “other good” (as defined below) or are currently in the field. For the start of 2019, we look forward to the outlook for 2020 and the new decade. Federal Insecticides and Environmental Pesticide Control Act, 7 U.S.C.

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