Compliance as to Environmental Matters Sample Clauses

Compliance as to Environmental Matters. The Project in which the related Mortgaged Property is located is in compliance with all environmental laws, ordinances, rules, regulations and orders of federal and state governmental authorities relating thereto; and such Project is not now and has never been used to generate, manufacture, refine, transport, treat, store, handle, dispose, transfer, produce, process or in any manner deal with gasoline, petroleum products, explosives, radioactive materials, hazardous materials, hazardous wastes, hazardous or toxic substances, polychlorinated biphenyls or related or similar materials, asbestos or any material containing asbestos, or any other substance or material as may be defined as a hazardous or toxic substance by any federal, state or local environmental law, ordinance, rule or regulation which might reasonably be expected to have a material adverse impact on such Project or constitute grounds for the revocation of any license, charter, permit or registration which is material to the continued operation of such Project.
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