Common use of Condition of Land Clause in Contracts

Condition of Land. Subject to the representations and warranties contained in this Agreement and the obligations of the Vendor pursuant to the provisions of sections 11.2 and 13.1 to 13.2 both inclusive, the Purchaser hereby accepts the Lands on an “as is/where is” basis and the Purchaser hereby releases, indemnifies and saves harmless the Vendor, its affiliates, directors and employees from and against any and all claims, losses, damages and liability in connection with the condition of the Lands including, without limitation, the soil, groundwater and other environmental conditions of the Lands.