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</o:shapelayout></xml><![endif]--></head><body bgcolor=white lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>P.S. I am specifically referring to a situation where a lender makes a promissory note for the purchase of a commercial real estate property. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>Thank you.<o:p></o:p></span></p><p class=MsoNormal><a name="_MailEndCompose"><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></a></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal style='punctuation-wrap:hanging;text-autospace:ideograph-numeric ideograph-other'><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Oscar Yang, Esq.<br><b>Sent:</b> Saturday, March 26, 2016 10:11 PM<br><b>To:</b> 'WSBA Real Property Listserv' <wsbarp@lists.wsbarppt.com><br><b>Subject:</b> [WSBARP] Environmental Indemnity Agreement from Lender to Borrower<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>Hello Listmates—<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>When you review an environmental indemnity agreement given by lender, do you often suggest revisions to the lender’s counsel? I can see its overreaching ramification to the borrower, but am not sure how much the borrower should demand changes to its terms, especially when the lender appears to have more bargaining power than the borrower. Any practice tips would be helpful. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'>Kind regards,<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:8.0pt;line-height:105%;punctuation-wrap:hanging;text-autospace:ideograph-other'><span style='font-size:11.0pt;line-height:105%;font-family:"Calibri",sans-serif;color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'>Oscar Y. Yang, Esq. (NY, WA)<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:8.0pt;line-height:105%;punctuation-wrap:hanging;text-autospace:ideograph-other'><span style='font-size:11.0pt;line-height:105%;font-family:"Calibri",sans-serif;color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'>ES BERRY LAW PC <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:8.0pt;line-height:105%;punctuation-wrap:hanging;text-autospace:ideograph-other'><span style='font-size:11.0pt;line-height:105%;font-family:"Calibri",sans-serif;color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'>2155 112th Ave NE<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:8.0pt;line-height:105%;punctuation-wrap:hanging;text-autospace:ideograph-other'><span style='font-size:11.0pt;line-height:105%;font-family:"Calibri",sans-serif;color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'>Bellevue, WA 98004 <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;punctuation-wrap:hanging;text-autospace:ideograph-other'><span style='color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'><img width=63 height=52 style='width:.6562in;height:.5416in' id="Picture_x0020_1" src="cid:image001.png@01D187B3.73C52250" alt=ESBERRYv2><o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;punctuation-wrap:hanging;text-autospace:ideograph-other'><span style='color:windowtext;position:relative;top:0pt;mso-text-raise:0pt'>DISCLAIMER FROM ES BERRY LAW PC: This e-mail contains proprietary information some of which may be legally privileged, confidential or protected. It is for the intended recipient only. If an addressing or transmission error has misdirected this e-mail, please notify the author by replying to it and delete it. This email is for informational purposes only and does not constitute legal advice. Unauthorized disclosure, printing, forwarding, copying, distribution or other similar use of such information is strictly prohibited. Unless specifically and clearly expressed otherwise, this email also should not be interpreted as an electronic/digital signature that can be used to authenticate a contract or other legal document. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:windowtext'><o:p> </o:p></span></p><div><p class=MsoNormal><o:p> </o:p></p></div></div></body></html>