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 the Property. False Statements. Any warranty, representation or statement made or furnished to Lender by Granter or on Grantor’s behalf under this Assignment or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished or becomes false or misleading at any time thereafter.

Appears in 1 contract

Sources: Business Loan Agreement (Clearday, Inc.)

Environmental Default. Failure of any party to comply With with or Perform perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with the Property. False Statements. Any warranty, representation or statement made or furnished to Lender by Granter Grantor or on Grantor’s 's behalf under this Assignment or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished or becomes false or misleading at any time thereafter.

Appears in 1 contract

Sources: Assignment of Leases and Rents (Eaco Corp)

Environmental Default. Failure of any party to comply With with or Perform perform when due any term, obligation, covenant convenant or condition contained in any environmental agreement executed in connection with the Propertyany loan. False Statements. Any warranty, representation or statement made or furnished to Lender by Granter Borrower or on Grantor’s Borrower's behalf under this Assignment Note or the Related Documents related documents is false or misleading in any material respect, either now or at the time made or furnished or becomes false or misleading at any time thereafter.

Appears in 1 contract

Sources: Promissory Note (Eldorado Artesian Springs Inc)

Environmental Default. Failure of any party to comply With with or Perform perform when due any term, obligation, covenant or condition contained in any environmental agreement executed in connection with the Propertyany Loan. False Statements. Any warranty, representation or statement made or furnished to Lender by Granter Borrower or on Grantor’s Borrower's behalf under this Assignment Agreement or the Related Documents is false or misleading in any material respect, either now or at the time made or furnished or becomes false or misleading at any time thereafter.

Appears in 1 contract

Sources: Promissory Note (Eldorado Artesian Springs Inc)