Common use of Borrower Compliance Clause in Contracts

Borrower Compliance. Borrower has not undertaken, permitted, authorized, or suffered and will not undertake, permit, authorize, or suffer the presence, use, manufacture, handling, generation, transportation, storage, treatment, discharge, release, burial, or disposal on, under, from or about the Mortgaged Property of any Hazardous Substance or the transportation to or from the Mortgaged Property of any Hazardous Substance except in compliance with applicable Environmental Laws.

Appears in 3 contracts

Sources: Environmental Liabilities Agreement (Concord Milestone Plus L P), Environmental Liabilities Agreement (Concord Milestone Plus L P), Environmental Liabilities Agreement (Concord Milestone Plus L P)