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(iii)any failure on the part of Licensor to perform or comply with any of the covenants, agreements, terms, <br /> provisions, conditions or limitations contained in this License on its part to be performed or complied with. <br /> 3. The above referenced language shall not be construed as waiving any defense or limitation which either party <br /> may have against any claim or cause of action by any person not a party to this Agreement. Nor shall said <br /> language be construed as waiving any defense either party may have against each other to the defense of <br /> governmental immunity. Provided, however,the indemnification language contained hereinabove, is entered <br /> into only to the extent it is currently authorized by North Carolina law and does not vielate nor contravene <br /> state or local laws as it relates to either party, individually, or jointly. <br /> C. Casualty <br /> In case of damage to the Premises or those portions of the Premises which are essential to the operation of the <br /> Licensee Facilities, Licensor may, at its expense, cause the damage to be repaired to a condition as nearly as <br /> practicable to that existing prior to the damage, with reasonable speed and diligence, subject to delays which may <br /> arise by reason of adjustment of loss under insurance policies, Governmental Regulations, and for delays beyond <br /> the control of Licensor, including a"force majeure". Licensor shall not, however, be obligated to repair, restore, <br /> or rebuild any of Licensee's personal property, including but not limited to the Licensee Facilities. Licensor shall <br /> not be liable for any inconvenience or annoyance to Licensee, or injury to Licensee's business resulting in any <br /> way from such damage or the repair thereof for the time that Premises are rendered unusable for Licensee's <br /> intended purpose, the base rent shall proportionately abate. In the event the damage shall involve the Premises <br /> generally and shall be so extensive that Licensor shall decide, at its sole discretion, not to repair or rebuild the <br /> Premises,this License shall, at the sole option of Licensor, exercisable by written notice to Licensee given within <br /> thirty (30) days after Licensor is notified of or otherwise becomes aware of the occurrence of the casualty, be <br /> terminated as of the date of such casualty, and the base rent,taking into account any abatement as aforesaid, shall <br /> be adjusted to the termination date and Licensee shall thereupon promptly vacate the Parking Lot and the <br /> Premises. <br /> D. Condemnation of Premises <br /> In the event that any government, public body, or other condemning authority shall take, or if Licensor shall <br /> transfer in lieu of such taking, all or such part of the Premises thereby making it physically or financially <br /> infeasible for the Premises to be used in the manner intended by this License, Licensee shall have the right to <br /> terminate this License effective as of the date of the taking by the condemning party and the rental shall be <br /> prorated appropriately. However, if only a portion of the Premises is taken,Licensor shall upon consultation with <br /> Licensee determine whether the License should remain operative, giving either Party the right to terminate upon <br /> 120 days notice of the intent to terminate. <br /> V. HAZARDOUS SUBSTANCES <br /> Licensee agrees that it will not use, generate, store or dispose of any Hazardous Material on, under, about or <br /> within any Premises in violation of any law or regulation. Licensor represents, warrants and agrees (1) that <br /> neither Licensor nor, to Licensor's knowledge, any third party has used, generated, stored or disposed of, or <br /> permitted the use, generation, storage or disposal of, any Hazardous Material on, under, about or within the <br /> Premises in violation of any law or regulation, except as disclosed herein, and(2)that Licensor will not, and will <br /> not permit any third party to use, generate, store or dispose of any Hazardous Material on, under, about or within <br /> the Premises in violation of any law or regulation. As used in this paragraph, "Hazardous Material" shall mean <br /> hazardous or radioactive material,polychlorinated biphenyls,friable asbestos or other hazardous or medical waste <br /> substances as defined by the Comprehensive Environmental Response, Compensation and Liability Act, as <br /> amended, or by any other federal state or local law, statute,rule,regulation or order(including any Governmental <br /> Requirements, as hereafter defined) concerning environmental matters, or any matter which would trigger any <br /> employee or community"right-to-know"requirements adopted by any such body,or for which any such body has <br /> adopted any requirements for the preparation or distribution of a material safety data sheet. "Governmental <br /> 5 <br />