Township Council Meeting — Agenda

H. Seller has no knowledge of any pending or threatened legal action of any kind or character whatsoever affecting the Property which will in any manner interfere with the transfer of possession or title upon consummation hereof, nor has Seller knowledge that any such action is presently contemplated. I. Seller has no knowledge of any outstanding written notices of uncorrected violations of the housing, building, safety or fire ordinances. Seller shall be responsible, at Seller’s sole cost and expense, to correct any such violation on or prior to the date of Closing. J. Seller has not received any written notice of any assessments for public improvements made to the Property which remain unpaid. K. Seller has no knowledge of any outstanding notices, nor are there, any violations of any law, regulation, ordinance, order or other requirement of any governmental or public authority having jurisdiction over or affecting any part of the Property. Seller shall cure prior to Closing, any violation of which Seller receives notice prior to Closing from any governmental or quasi-governmental authority having jurisdiction over the Property. L. Seller has no knowledge of any notices by any governmental or public authority which have been served on Seller or anyone on Seller’s behalf which remain uncorrected. M. There are no insolvency proceedings pending or to Seller’s knowledge, threatened against it. N. Seller has no knowledge of any liens attached to any revenues or any real or personal property owned by the Seller and located in the State of New Jersey, including, but not limited to the Property, as a result of monies being expended out of the New Jersey Spill Compensation Fund to pay for “Cleanup and Removal Costs" as such term is defined in N.J.S.A. 58:10-23.11b(d) arising from an intentional or unintentional action or omission of the Seller or of any previous owner or operator of said real property. O. The execution, delivery and performance of this Agreement will not conflict with or result in a breach of any material terms and conditions of, or constitute a default or require consent under the terms of any material agreement to which Seller is a party or by which Seller may be bound, or to which the Property is

al terms and conditions of, or constitute a default or require consent under the terms of any material agreement to which Seller is a party or by which Seller may be bound, or to which the Property is subject, and no consent, approval or authorization of any third Party is now required for the execution, delivery and performance of this Agreement, except those that have been obtained or made, and are in full force and effect. P. Seller has provided copies of all current correspondence, reports, records of sampling, lab results, and any other documents in its current custody and/or control that reflect the environmental condition of the Property, including but not limited to documents reflecting any environmental investigations and/or remediation of the Property (collectively the “Environmental Documents”). Q. There are no persons employed on-site by Seller in connection with the management, operation or maintenance of all or any portion of the Property whose employment will not be lawfully terminated, prior to Closing, without recourse to Buyer. There are no 8 #13069278.1 #13244508.1