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DESCRIBED IN SECTION 7. 1 . 8 OR SECTION 7. 2 (CATTLE DIP). EXCEPT AS OTHERWISE EXPRESSLY SET FORTH HEREIN, PURCHASER SHALL RELY SOLELY ON ITS OWN INVESTIGATION OF THE PROPERTY AND NOT ON ANY STATEMENTS , REPRESENTATIONS , WARRANTIES OR INFORMATION MADE OR PROVIDED OR TO BE PROVIDED BY SELLER OR ITS AGENTS OR CONTRACTORS . SELLER SHALL NOT BE LIABLE OR BOUND IN ANY MANNER BY ANY VERBAL OR WRITTEN STATEMENTS , REPRESENTATIONS , WARRANTIES OR INFORMATION PERTAINING TO THE PROPERTY OR THE OPERATION THEREOF, FURNISHED BY ANY PARTY PURPORTING TO ACT ON BEHALF OF SELLER. PURCHASER OR ANYONE CLAIMING BY, THROUGH OR UNDER PURCHASER, HEREBY FULLY AND IRREVOCABLY RELEASES SELLER AND ITS AFFILIATES , AND ITS AGENTS AND REPRESENTATIVES, FROM ANY AND ALL CLAIMS THAT IT MAY NOW HAVE OR HEREAFTER ACQUIRE AGAINST SELLER OR ITS AFFILIATES , OR ITS AGENTS OR REPRESENTATIVES FOR ANY COST, LOSS, LIABILITY, DAMAGE, EXPENSE, ACTION OR CAUSE OF ACTION, WHETHER FORESEEN OR UNFORESEEN, ARISING FROM OR RELATED TO ANY DEFECTS , ERRORS OR OMISSIONS ON OR IN THE PROPERTY, THE PRESENCE OF HAZARDOUS SUBSTANCES, OR ANY OTHER CONDITIONS (WHETHER PATENT, LATENT OR OTHERWISE) AFFECTING THE PROPERTY, EXCEPT FOR CLAIMS AGAINST SELLER BASED UPON ANY OBLIGATIONS AND LIABILITIES OF SELLER EXPRESSLY PROVIDED IN THIS AGREEMENT (SUBJECT TO THE REQUIREMENTS AND LIMITATIONS OF THIS AGREEMENT) . PURCHASER FURTHER ACKNOWLEDGES AND AGREES THAT THIS RELEASE SHALL BE GIVEN FULL FORCE AND EFFECT ACCORDING TO EACH OF ITS EXPRESS TERMS AND PROVISIONS , INCLUDING, BUT NOT LIMITED TO, THOSE RELATING TO UNKNOWN AND SUSPECTED CLAIMS , DAMAGES AND CAUSES OF ACTION. AS A MATERIAL COVENANT AND CONDITION OF THIS AGREEMENT, PURCHASER AGREES THAT IN THE EVENT OF ANY SUCH DEFECTS, ERRORS OR OMISSIONS , THE PRESENCE OF HAZARDOUS SUBSTANCES , OR ANY OTHER CONDITIONS AFFECTING THE PROPERTY, PURCHASER SHALL NOT LOOK TO SELLER FOR ANY REDRESS OR RELIEF, EXCEPT FOR CLAIMS AGAINST SELLER BASED UPON ANY OBLIGATIONS AND LIABILITIES OF SELLER EXPRESSLY PROVIDED IN THIS AGREEMENT AS AFORESAID. THIS SECTION 7. 10 SHALL SURVIVE THE CLOSING AND THE EXPIRATION OF THIS AGREEMENT, OR, IF THE CLOSING DOES NOT OCCUR, BEYOND THE TERMINATION OR BREACH OF THIS AGREEMENT. 8 . CLOSING CONDITIONS . 8 . 1 . Purchaser's Conditions. Purchaser's obligation to purchase the Property and close the transaction contemplated under this Agreement is subject to the satisfaction , as of the Closing, of each of the following conditions: 8 . 1 . 1 . Purchaser having received the approval contemplated under Article 4 (Approval By Board of Commissioners) ; 8 . 1 .2 . Purchaser having received the closing documents described in Section 6 .2 (Items to be Executed and Delivered by Seller at Closing) of this Agreement; and 8 . 1 .3 . There being no uncured material default by Seller in the performance of any of Seller's obligations under this Agreement. 8 . 2. Seller's Conditions . Seller's obligation to sell the Property and close the transaction contemplated under this Agreement is subject to the satisfaction , as of the Closing, of each of the following conditions: January 8. 2008 l l