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6.C.(1) Environmental Testing Agreement (700 S. Lafayette)
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6.C.(1) Environmental Testing Agreement (700 S. Lafayette)
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(b) Provided, however, that in case the City or Indemnitor receives written notice of any <br />Claim in respect of which Claim indemnity properly may. be sought against the <br />Indemnitee pursuant to this Agreement, Indemnitor must give notice in writing to the <br />Indemnitee within, thirty (30) days of receipt of said notice and Indemnitor's failure to <br />provide such notice will relieve the Indemnitees of their respective obligation to <br />iudemnify the Indemnitor of such Claim. <br />(c) In consideration for the indemnity fi•om the Indemnitor, Indemnitee hereby covenants <br />not to sue the Indemnitor under any common law or statutory cause of action, now <br />existing or available in the future for any and all costs, expenses, fees, liabilities or <br />obligations attributable to a voluntary effort by Indemnitee its officers, directors, <br />shareholders or agents to investigate, contain, cleanup, remove, heat or in any other way <br />address Hazardous Substances existing prior to or at the time this Agreement becomes <br />effective and located in, at, under (including the groundwater) or upon or Released from <br />the Site. <br />6. Survival of Indemnities. The obligations and agreements of and between Indemnitee <br />and Indemnitor set forth in Sections 4 and 5 of this Agreement shall survive Closing. <br />7. Transfer of Indemnity. Indemnitor~s obligation to indemnify Indemnitee under this <br />Agreement shall apply to a subsequent purchaser, including a lender who forecloses on <br />its security interest in the Site, provided that such subsequent purchaser sets forth in <br />writing its agreement to the terms and conditions set forth herein (including but not <br />limited to those set forth in Sections 3 and 5 and such written notice is given to <br />Indemnitor in accordance with Section 8 of this Agreement. Indemnitor"s obligation to <br />indemnify a subsequent purchaser shall be effective immediately upon receipt by <br />Indemnitor of the notice set forth herein. <br />8. All demands, notices and other communications given hereunder shall be in writing <br />and given in accordance with and to the addresses set forth below. <br />9. This Agreement constitutes the entire A~n•eement of the parties hereto with respect to <br />the subject matter hereof. This Agreement may not be amended, modified, revised, <br />supplemented or restated except by a writing signed by each of the parties hereto. Any <br />consent, waiver or suspension of any duty or responsibility of Indemnitor hereunder shall <br />not be deemed effective unless in writing and signed by a duly authorized officer of the <br />Indemnitee. <br />10. This Agreement has been made and delivered in and shall be construed according to <br />and governed by the intei~lal laws of the State of Indiana. This Agreement shall be <br />construed and interpreted in such a manner as to be effective, enforceable and valid under <br />all applicable laws. If any provision hereof shall be held invalid, prohibited or <br />unenforceable under any applicable laws of any applicable jurisdiction, such invalidity, <br />prohibition or unenforceability shall be limited to such provision and shall not affect or <br />invalidate the other provisions hereof or affect the validity or enforceability of such <br />provision in any other jurisdiction, and to that extent, the provisions hereof are severable. <br />
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