Common use of Environmental Warranty Clause in Contracts

Environmental Warranty. Grantor warrants that it is in compliance with, and shall remain in compliance with, all applicable Environmental Laws. Grantor warrants that there are no notices by any governmental authority of any violation or alleged violation of, non-compliance or alleged non- compliance with or any liability under any Environmental Law relating to the operations or conditions of the [Insert Defined Term for Parcel]. Grantor further warrants that it has no actual knowledge of a release or threatened release of Hazardous Materials, as such substances and wastes are defined by applicable federal and state law. Moreover, Grantor hereby promises to hold harmless and indemnify Grantee and the United States against all litigation, claims, demands, penalties and damages, including reasonable attorneys’ fees, arising from or connected with the release or threatened release of any Hazardous Materials on, at, beneath or from the [Insert Defined Term for Parcel], or arising from or connected with a violation of any Environmental Laws by Grantor or any other prior owner of the [Insert Defined Term for Parcel]. Xxxxxxx’s indemnification obligation shall not be affected by any authorizations provided by Grantee or the United States to Grantor with respect to the [Insert Defined Term for Parcel] or any restoration activities carried out by Grantee at the [Insert Defined Term for Parcel]; provided, however, that Grantee shall be responsible for any Hazardous Materials contributed after this date to the [Insert Defined Term for Parcel] by Grantee.