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subject to applicable bankruptcy, insolvency, reorganization, moratorium, <br />creditor's rights and other similar laws; and (v) the consents of no other parties are <br />required as a condition to the Closing. <br />11.3. Unrecorded Agreements. There are no unrecorded agreements, undertakings or <br />restrictions which affect the Property. <br />11.4. Leases. There are no leases or possessory rights of others regarding the Real <br />Property. <br />11.5. No Default Notice. Seller has not received notice of a default or breach of any <br />agreement to which Seller is a party, and is not aware of any facts that would <br />result in Seller being in default or breach of any agreement to which it is a party. <br />11.6. Reports. The Reports delivered or to be delivered to Buyer hereunder are correct <br />and complete and, to Seller's actual knowledge, do not contain any false <br />information. <br />11.7. Operations. Seller has received no notice of actual or threatened cancellation or <br />suspension of any utility services at or on the Real Property, nor has Seller <br />received any notice of any violation of any Regulations. Except as disclosed in the <br />Title Commitment, Seller has received no notice of actual or threatened special <br />assessments or reassessments, condemnation, or eminent domain proceedings <br />with respect to the Real Property. <br />11.8. Environmental Laws. To Seller's actual knowledge, no Hazardous Substances <br />have been generated, treated, stored, transferred from, released or disposed of, or <br />otherwise placed, deposited in or located on the Property, nor has any activity <br />been undertaken on the Property that would cause or contribute to the Property <br />becoming a treatment, storage or disposal facility within the meaning of, or <br />otherwise bring the Property within the ambit of, any Regulations relating to the <br />protection of the environment. To Seller's actual knowledge, there are no <br />Hazardous Substances in or on the Property that may support a claim or cause of <br />action under any Regulations relating to the protection of the environment. To <br />Seller's actual knowledge, the Property is not now, and never has been, listed on <br />any list of sites contaminated with Hazardous Substances, nor used as landfill, <br />dump, disposal or storage site for Hazardous Substances. <br />11.9. FIRPTA. Seller is not a "foreign person," "foreign partnership," "foreign trust," or <br />"foreign estate," as those terms are defined in Code Section 1445 and the <br />regulations promulgated thereunder. <br />11.10. No Proceedings. No legal or administrative proceeding is pending or, to Seller's <br />actual knowledge, threatened (i) against Seller or any of its affiliates which would <br />adversely affect its right to convey the Property to Buyer as contemplated in this <br />Agreement, or (ii) affecting the Property. There are no condemnation or eminent <br />7 <br />