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7. 5 . 5 . The execution and delivery of this Agreement by Purchaser and Purchaser's performance of its obligations under this Agreement shall not conflict with any law or any contract or other agreement to which Purchaser is a party or otherwise bound ; 7 .5 . 6. There is no litigation, administrative proceeding or investigation of any kind , nature or description presently pending, or, to the best of Purchaser's knowledge, contemplated or threatened, against Purchaser which would affect Purchaser's authority or ability to perform and carry out Purchaser's duties and obligations under this Agreement, or which seeks to challenge, enjoin or otherwise prohibit the closing and consummation of the sale and purchase transaction contemplated in this Agreement in accordance with its terms ; and 7. 5 .7 . Neither Purchaser nor its agents dealt with any broker or finder or with other person in connection with this transaction who is entitled to any commission, finder' s fee or similar payment as a result of the acts of Purchaser or its agents. 7.6 . Survival of Representations and Warranties . Each of the representations and warranties of the parties hereto contained in Sections 7. 1 ( Seller' s Representations and Warranties) and 7. 5 (Purchaser' s Representations and Warranties) shall survive the Closing Date for a period of six (6) months. 7.7 . Limitation on Claims Against Seller. Seller shall have no liability whatsoever with respect to any Claim (as such term is hereinafter defined in Section 7 . 9 [Definition of Claim and Claim Notice] ) under any of the representations , warranties , terms, agreements, covenants, duties, liabilities and obligations set forth in this Agreement or in any document made or given pursuant to or in connection with this Agreement, except to the extent (and only to the extent) that the aggregate amount of all Claims for breach of Sellers' representations, warranties, terms, agreements, covenants, duties, liabilities and obligations exceeds $ 5 ,000 (and, in such case, such Claims shall only be valid [and Seller shall only be liable] for the portion that exceeds $5 ,000 up to the absolute maximum hereinafter set forth) , Further, notwithstanding any provision to the contrary herein or in any other document as aforesaid, Seller shall have no liability with respect to any Claim under any of the representations, warranties, terms, agreements, covenants , duties, liabilities and contained in this Agreement or in any such other document: (i) which Claim relates to or arises in connection with ( 1 ) Hazardous Substances (except solely to the extent that Seller has breached its representation in Section 7. 1 . 8); (2) the physical condition of the Property; (3 ) the Cattle Dip; or (4) any other matter not expressly set forth in Seller's representations and warranties set forth in Section 7. 1 (Seller' s Representations and Warranties) ; (ii) to the extent the Claim (or Claims) exceeds the total sum of $25 ,000; or (iii) to the extent the Claim is limited or precluded under applicable law. For the avoidance of doubt, it is the intent of the parties hereto that any and all Claims with respect to Seller the total amount of which are $5 ,000 or less or that exceed the sum of S25 ,000 as aforesaid are hereby waived and released (in their entirety, as to those that total $5 ,000 or less , and in part with respect to those that exceed $25 ,000 [ i. e. , to the extent of such excess]) . Purchaser shall not make any Claim or deliver any "Claim Notice" (as such term is hereinafter defined in Section 7.9 [Definition of Claim and Claim Notice] ) unless it believes in good faith that the Claims would be covered within the terms and provisions of this Section 7.7. 7. 8. Expiration. The representations and warranties of the parties hereto set forth herein in this Article 7 or in any Closing document shall survive only until the dates set forth in Section 7 . 6 ( Survival of Representations and Warranties). Without limiting the generality of the foregoing, any Claim that Purchaser may have at January 8. 2008 9