Common use of Owner’s Representations and Warranties Clause in Contracts

Owner’s Representations and Warranties. Owner represents and warrants to Manager that Owner has provided Manager with copies of all studies, reports, testing results, surveys, operations and management plans performed by or for Owner or its predecessors or other such information in Owner’s possession or control concerning or referring to Hazardous Substances in, on, around or about the Property. “Hazardous Substances” as used herein includes, any and all substances, materials and wastes regulated by federal, state or local governmental authority, including, without limitation, laws and regulations under CERCLA, RCRA, OSHA, and private actions related or similar thereto, and including without limitation those substances considered dangerous to the health or safety of building occupants, PCB’s, asbestos, substances known or suspected to be cancer causing, underground storage tanks of any kind, and any other contaminant or material reasonably considered to be potentially harmful to human health or safety. Owner shall have a continuing obligation to provide notice to Manager of any such Hazardous Substances. Owner represents and warrants for the benefit and reliance of Manager that it has no knowledge or information concerning any Hazardous Substances which have been or are in, on, around or about the Property except as disclosed to Manager in writing.