Environmental Event Sample Clauses

Environmental Event. (a) The Lessee shall promptly, but in any case within five Business Days, notify the Lessor and the Agent if (i) any environmental event has occurred or any environmental condition is discovered in, on, beneath, from or involving the Property or any part thereof (including, but not limited to, the presence, emission or release of Hazardous Materials or the violation of any applicable Environmental Law) for which a remediation or reporting could reasonably be required or (ii) the Lessee has received notification that it, the Lessor, the Property or any part thereof is the subject of an Environmental Action that could reasonably be expected to result in any ordered remediation or corrective action or other liability (each of (i) and (ii) an "Environmental Event").
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Environmental Event. (a) The Lessee shall promptly, but in any ------------------- case within five (5) Business Days after discovery thereof, notify the Lessor, the Agent, the Collateral Agent, the Equity Investors and the Note Holders of the occurrence of a Reportable Environmental Event. For purposes hereof, an "Environmental Event" shall mean (i) any environmental event, occurrence, or -------------------- condition in, on, beneath, from or involving the Mill I Property or any part thereof (including, but not limited to, the presence, emission or release of Hazardous Materials in violation of any Environmental Law or the violation of any applicable Environmental Law) that could reasonably be expected to result in any ordered remediation or corrective action required by Environmental Laws, or other liability under Environmental Laws, or that poses a significant risk to human health or the environment or (ii) the receipt by the Lessee of notification that the Lessee, the Lessor, the Mill I Property or any part thereof is the subject of an Environmental Action in connection with the Mill I Property that could reasonably be expected to result in any ordered remediation or corrective action required by Environmental Laws or other liability under Environmental Laws; provided, however, that as of the date hereof none of the matters described on Schedule C hereto shall be deemed an Environmental Event. For purposes hereof, a "Reportable Environmental Event" ------------------------------ shall mean an Environmental Event with respect to which the Remediation Costs could reasonably be expected to exceed $1 million, or, when added to the remaining Remediation Costs for all other then existing Environmental Events, could reasonably be expected to exceed $5 million. For purposes hereof, "Remediation Costs" include, but are not limited to, losses, fines, damages, ----------------- civil or criminal penalties, judgments, costs and expenses (including reasonable fees and expenses of legal counsel and consultants) incurred within a ten year period commencing with the discovery of the Environmental Event, and arising from activities to clean-up, remove, treat or in any other way respond to an Environmental Event as required by Environmental Laws or as may be necessary to avoid creating a significant risk to human health or the environment and any other damages related thereto.
Environmental Event. An Environmental Event shall occur;
Environmental Event. Promptly after receipt thereof by the Borrower or any Subsidiary of the Borrower, a copy of (a) any notice or claim to the effect that the Borrower or any of its Subsidiaries is or may be liable to any Person as a result of the release by the Borrower, any of its Subsidiaries, or any other Person of any Hazardous Materials into the environment, and (b) any notice alleging any violation of any Environmental Law by the Borrower or any of its Subsidiaries, which in the case of either (a) or (b) above could reasonably be expected to have a Material Adverse Effect.
Environmental Event. Any (a) receipt by the Borrower of any notice or claim from any Governmental Authority of any violation of any Environmental Law by the Borrower or of any action against the Borrower based upon nuisance, negligence or other tort theory alleging liability on the basis of improper generation, storage, disposal, removal, transportation or treatment of Hazardous Substances on, at or from the Project Location by Borrower; or (b) presence or release by the Borrower of Hazardous Substances at, from or upon any of the property described in clause (a) above that has resulted in any contamination or deterioration of any portion of such property or any other affected property resulting in a level of contamination greater than the levels permitted or established by any Governmental Authority having jurisdiction over the Borrower or any of such property. Environmental Laws. Any and all federal, foreign, state, local and other governmental statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, licenses, or other governmental restrictions relating to the environment or the release of any materials into the environment.
Environmental Event. (a) Except for the matters referenced in the Disclosed Information, the Lessee shall promptly, but in any case within five (5) Business Days, notify the Lessor, the Agent and the Purchasers if (i) any environmental event has occurred or any environmental condition is discovered in, on, beneath, from or involving the Property or any part thereof (including, but not limited to, the presence, emission or release of Hazardous Materials or the violation of any applicable Environmental Law) that could reasonably be anticipated to result in penalties or other liabilities in excess of $125,000, or (ii) the Lessee has received notification that it, the Property or any part thereof is the subject of an Environmental Action that could reasonably be expected to result in any ordered remediation or corrective action or other liability related to an environmental event or condition the cost of which liability is reasonably expected to exceed $125,000 (each of (i) and (ii) an "ENVIRONMENTAL EVENT").
Environmental Event. If Borrower or any of its Subsidiaries ------------------- shall have entered into any consent or settlement decree or agreement or similar arrangement with a governmental authority or any judgment, order, decree or similar action shall have been entered against Borrower or any of its Subsidiaries, in each case based on or arising from the violation of or pursuant to any Environmental Law, or the generation, storage, transportation, treatment, disposal or Release of any Hazardous Material and, in connection with all the foregoing, Borrower and its Subsidiaries are likely to incur Environmental Liabilities and Costs which would have a Material Adverse Effect.
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Environmental Event. 22 ERISA............................................................20
Environmental Event. Any (a) receipt by the Borrower of any notice or claim from any Governmental Authority of any violation of any Environmental Law by the Borrower or of any action against the Borrower based upon nuisance, negligence or other tort theory alleging liability on the basis of improper generation, storage, disposal, removal, transportation or treatment of Hazardous Substances on, at or from the Project Location by Borrower; or (b) presence or release by the Borrower of Hazardous Substances at, from or upon any of the property described in clause (a) above that has resulted in any contamination or deterioration of any portion of such property or any other affected property resulting in a level of contamination greater than the levels permitted or established by any Governmental Authority having jurisdiction over the Borrower or any of such property.
Environmental Event any claim or requirement of expenditure or cessation of activity under any Environmental Law occurs in relation to an Obligor or any circumstances arise which could be reasonably expected to give rise to such a claim or requirement and, in each case, such occurrence has, or is reasonably likely to have, a material adverse effect; or
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