Common use of Environmental Status Clause in Contracts

Environmental Status. In accordance with Section 1.3 hereof ▇▇▇▇▇▇▇▇▇ agrees to purchase the Real Property “As Is” and “Where Is” and Seller shall have no obligation of indemnity, contribution or otherwise to Purchaser. Purchaser hereby releases and discharges Seller for any liabilities, costs, expenses, losses, damages, or claims, whether arising at law or in equity, known or unknown, or arising before or after the closing, arising from or relating to the environmental condition of the Real Property, or the adjacent environs.

Environmental Status. In accordance with Section 1.3 hereof ▇▇▇▇▇▇▇▇▇ Purchaser agrees to purchase the Real Property “As Is” and “Where Is” and Seller shall have no obligation of indemnity, contribution or otherwise to Purchaser. Purchaser hereby releases and discharges Seller for any liabilities, costs, expenses, losses, damages, or claims, whether arising at law or in equity, known or unknown, or arising before or after the closing, arising from or relating to the environmental condition of the Real Property, or the adjacent environs.