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3 The Lessee shall pay all of the required property taxes and assessments <br />legally imposed on the property owned by the Lessee and covered by this Lease, and <br />shall be responsible far paying any insurance the Lessee may desire to carry on the said <br />property. The Lessee will be responsible for insurance on the personal property owned by <br />the Lessee and placed in or on the premises by the Lessee. <br />4. Lessee shall be responsible and pay for all utilities necessary for its use of <br />the premises. <br />5. The Lessee shall be responsible for all maintenance of the leased premises <br />during the period of the Lease. <br />6. (a} Lessee shall not knowingly cause or permit any Hazardous Material {as <br />hereinafter defined) to be brought upon, kept or used in or about the premises by Lessee, <br />its agents, employees, contractors or invitees, except for such Hazardous Material as is <br />necessary for the operation of Lessee's business. Any such Hazardous Materials used for <br />Lessee's business shall ~be handled, stored and disposed of in accordance with applicable <br />laws, rule and/or regulations. <br />(b) As used herein, the term "Hazardous Material" means (i) any "hazardous <br />waste" as defined by the Resource Conservation and Recovery Act of 1976, as amended <br />from time to time, and the regulations promulgated thereunder;' (ii) any "hazardous <br />substance" as defined by the Comprehensive Environmental Response, Compensation, <br />Liability Act of 1980, as amended from time to time, and regulations promulgated <br />thereunder; {iii) any material or substance regulated by the Toxic Substances Control Act <br />as amended from time to time and regulations promulgated thereunder; (iv} any material <br />or substance regulated by the Federal Insecticide, Fungicide and Rodenticide Act, as <br />amended from time to time, and the regulations promulgated thereunder; {v) any oil, <br />petroleum products and their by-products; and {vi) any other hazardous, toxic or <br />dangerous material or substance that is or becomes regulated by any federal, state or local <br />law or regulation. <br />(c) Lessor makes no representations regarding any environmental hazard on the <br />premises. <br />{d) Lessee acknowledges that Lessor is engaged in a voluntary rernediation of <br />the Airport Road Chemical Waste Site and Lessee agrees to comply with any instructions <br />issued by Lessor in connection with the rernediation. These instructions may include but <br />not be limited to re-routing of the access road to the premises and restrictions on when <br />Lessee, its agents, employees, contractors or invitees„ may have access to the leased <br />Premises. Lessee also agrees to allow access to the leased premises to the Town of <br />Chapel Hill for the purpose of performing any remedial work required by the Lessor. <br />