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(g) Environmental. <br /> (1) Buyer has performed a Phase I Environmental Assessment of the Property <br /> at Buyer's expense ("the Phase I"). Buyer agrees that it will repair any damage done to the <br /> Property by the Phase I and it agrees to pay Seller the amount of any damage to the Property <br /> caused by the Phase I testing in the event, for any reason, Buyer does not purchase the Property <br /> from Seller as contemplated in this Agreement. <br /> (2) Seller warrants and represents to Buyer as follows: <br /> (i) Seller has no knowledge of, and no reason to believe (A) that any <br /> industrial use has been made of the Property, (B) that, except for chemicals used in the farming <br /> of the Property, the Property has been used for the storage, treatment or disposal of chemicals or <br /> any wastes or materials that are classified by federal, State or local laws as hazardous or toxic <br /> substances, or(C) that any manufacturing, landfilling or chemical production has occurred on the <br /> Property. <br /> (ii) To the best of Seller's knowledge, the Property is in compliance <br /> with all federal, State and local environmental laws and regulations, including,but not limited to, <br /> the Comprehensive Environmental Response, Compensation and Liability Act of 1980 <br /> ("CERCLA"), Public Law No. 96-510, 94 Stat. 2767, 42 USC 9601 et seg., and the Superfund <br /> Amendments and Reauthorization Act of 1986 ("SARA"), Public Law No. 99-499, 100 Stat. <br /> 1613. <br /> (iii) Seller has fully disclosed to Buyer that, except for chemicals used <br /> in the farming of the Property, Seller has no knowledge of the existence, extent and nature of any <br /> hazardous materials, substances, wastes or other environmentally regulated substances (including <br /> 4 <br />