Common use of Environmental Default Clause in Contracts

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with any Loan.

Appears in 16 contracts

Sources: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (LFTD Partners Inc.)

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with any the Loan.

Appears in 4 contracts

Sources: Business Loan Agreement (ComSovereign Holding Corp.), Loan Agreement (EVO Transportation & Energy Services, Inc.), Construction Loan Agreement

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant convenant or condition contained in any environmental agreement executed in connection with any Loan.

Appears in 4 contracts

Sources: Business Loan Agreement (Rancon Realty Fund V), Business Loan Agreement (Rancon Realty Fund V), Business Loan Agreement (Taitron Components Inc)

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with any LoanIndebtedness.

Appears in 4 contracts

Sources: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Eaco Corp), Change in Terms Agreement (Medalist Diversified REIT, Inc.)

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with any Loanthe Property.

Appears in 4 contracts

Sources: Deed of Trust (Eaco Corp), Deed of Trust (Nutech Digital Inc), Business Loan Agreement (Jameson Inns Inc)

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with any Loanloan.

Appears in 1 contract

Sources: Promissory Note (Pismo Coast Village Inc)

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with any Loanthe Loan or Debt to the Owner.

Appears in 1 contract

Sources: Loan and Financing Agreement

Environmental Default. Failure of any party to comply with or perform when due any term, obligation, covenant or condition contained in any an environmental agreement executed in connection with any Loan.

Appears in 1 contract

Sources: Business Loan Agreement (Trex Co Inc)