Common use of Radon Clause in Contracts

Radon. The Colorado Department of Health and the United States Environmental Protection Agency ("EPA") have detected elevated levels of naturally occurring radon in structures in the Colorado Springs area. EPA has raised concerns with respect to adverse effects on human health of long-term exposure to high levels of radon. Purchaser may conduct radon tests to determine the possible presence of radon in the Property and may conduct such other investigations and consult such experts as Purchaser deems appropriate to evaluate radon mitigation measures that can be employed in the design and construction of improvements on the Property. Purchaser shall rely solely upon such investigations and consultations and acknowledges that Seller has made no representation, express or implied, concerning the presence or absence of radon in the Property, the suitability of the Property for development or the design or construction techniques, if any, that can be employed to reduce any radon levels in improvements built on the Property; and Purchaser, for itself and its successors and assigns, releases Seller from any liability whatsoever with respect to the foregoing matters.

Appears in 5 contracts

Samples: Agreement (Bishop Capital Corp), Escrow Agreement (Bishop Capital Corp), Escrow Agreement (Bishop Capital Corp)

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Radon. The Colorado Department of Health and the United States Environmental Protection Agency ("EPA") have detected elevated levels of naturally occurring radon in structures in the Colorado Springs area. EPA has raised concerns with respect to adverse effects on human health of long-term longterm exposure to high levels of radon. Purchaser may conduct radon tests to determine the possible presence of radon in the Property and may conduct such other investigations and consult such experts as Purchaser deems appropriate to evaluate radon mitigation measures that can be employed in the design and construction of improvements on the Property. Purchaser shall rely solely upon such investigations and consultations and acknowledges that Seller has made no representation, express or implied, concerning the presence or absence of radon in the Property, the suitability of the Property for development or the design or construction techniques, if any, that can be employed to reduce any radon levels in improvements built on the Property; and Purchaser, for itself and its successors and assigns, releases Seller from any liability whatsoever with respect to the foregoing matters.

Appears in 2 contracts

Samples: Agreement (Bishop Capital Corp), Agreement (Bishop Capital Corp)

Radon. The Colorado Department of Health and the United States Environmental Protection Agency ("β€œEPA"”) have detected elevated levels of naturally occurring radon in structures in the Colorado Springs area. EPA has raised concerns with respect to adverse effects on human health of long-term exposure to high levels of radon. Purchaser Buyer may conduct radon tests to determine the possible presence of radon in the Property and may conduct such other investigations and consult such experts as Purchaser Buyer deems appropriate to evaluate radon mitigation measures that can be employed in the design and construction of improvements on the Property. Purchaser Buyer shall rely solely upon such investigations and consultations and acknowledges that Seller has made no representation, express or implied, concerning the presence or absence of radon in the Property, the suitability of the Property for development or the design or construction techniques, if any, that can be employed to reduce any radon levels in improvements built on the Property; and PurchaserBuyer, for itself and its successors and assigns, releases Seller from any liability whatsoever with respect to the foregoing matters.

Appears in 1 contract

Samples: Purchase Agreement (Integral Systems Inc /Md/)

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Radon. The Colorado Department of Health and the United States Environmental Protection Agency ("EPA") have detected elevated levels of naturally occurring radon in structures in the Colorado Springs area. EPA has raised concerns with respect to adverse effects on human health of long-term exposure to high levels of radon. Purchaser may conduct radon tests to determine the possible presence of radon in the Property and may conduct such other investigations and consult such experts as Purchaser deems appropriate to evaluate radon mitigation measures that can be employed in the design and construction of improvements on the Property. Property Purchaser shall rely solely upon such investigations and consultations and acknowledges that Seller has made no representation, express or (m:bp-state.co3/2-28-97) implied, concerning the presence or absence of radon in the Property, the suitability of the Property for development or the design or construction techniques, if any, that can be employed to reduce any radon levels in improvements built on the Property; and Purchaser, for itself and its successors and assigns, releases Seller from any liability whatsoever with respect to the foregoing matters.

Appears in 1 contract

Samples: Escrow Agreement (Bishop Capital Corp)

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