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200304'712 8. The covenants, restrictions, requirements and obligations of this Subsection IV.c. shall be binding upon the Grantee, its successors and assigns and all future owners, solely for acts and omissions that occur during such time any of the same are the title holder of record of the Property, and shall be deemed to run with the land. d. Notice of the Presence of Asbestos and Covenant 1. The Grantee is hereby informed and does acknowledge that friable and non - friable asbestos or asbestos - containing materials ( "ACM ") has been found in buildings and structures on the Property, as described in the EBS. The ACM in the Existing Building on the Property does not currently pose a threat to human health or the environment, and all friable asbestos that posed a risk to human health has been removed. 2. The Grantee covenants and agrees that its use and occupancy of the Existing Building will be in compliance with all applicable laws relating to asbestos; and that the Grantor assumes no liability for future remediation of asbestos or damages for personal injury, illness, disability, or death, to the Grantee, its successors or assigns, or to any other person, including members of the general public, arising from or incident to the purchase, transportation, removal, handling, use, disposition, or other activity causing or leading to contact of any kind whatsoever with asbestos in the Existing Building, whether the Grantee, its successors or assigns have properly warned or failed to properly warn the individual(s) injured. The Grantee agrees Grantor shall not be responsible for any future remediation of asbestos found to be necessary in the Existing Building. 3. Unprotected or unregulated exposures to asbestos in product manufacturing, shipyard, and building construction workplaces have been associated with asbestos - related diseases. Both the Occupational Safety and Health Administration (OSHA) and the EPA regulate asbestos because of the potential hazards associated with exposure to airborne asbestos fibers. Both OSHA and EPA have determined that such exposure increases the risk of asbestos - related diseases, which include certain cancers and which can result in disability or death. 4. The Grantee acknowledges that it has inspected the Existing Building as to its asbestos content and condition and any hazardous or environmental conditions relating thereto. The Grantee shall be deemed to have relied solely on its own judgment in assessing the overall condition of the Existing Building, including, without limitation, any asbestos hazards or concerns. 5. The Grantor assumes no liability for any damages to person or property, and gives no warranties, either express or implied, with regard to the presence or absence of asbestos or ACM in the Existing Building, or whether the Existing Building is or is not suitable for a particular purpose. The Grantee further agrees, solely in regard to acts or omissions that occur during such time Grantee is the title holder of record of the Property, to indemnify and hold harmless the Grantor, its officers, agents and employees from and against all suits, claims, demands or actions, liabilities, judgments, penalties, costs and attorneys' fees arising out of or in any manner predicated upon, future asbestos abatement or remediation from the Existing Building; disposal of ACM or asbestos after conveyance to the Grantee; personal injury, death or