Common use of Environmental Incidents Clause in Contracts

Environmental Incidents. 11.13 There is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim which could, in the opinion of the Lenders and/or the Facility Agent be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the Refund Guarantor) or the Group taken as a whole or (ii) on the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I

Environmental Incidents. 11.13 There is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim which could, in the opinion of the Lenders and/or the Facility Agent be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the any Refund Guarantor) or the Group taken as a whole or (ii) on the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I

Environmental Incidents. 11.13 There there is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim Claims which could, in the opinion of the Lenders and/or the Facility Agent Bank be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the Refund Guarantor) or the Borrower’s Group taken as a whole or (ii) on the security constituted by any of the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I; or

Environmental Incidents. 11.13 There there is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim Claims which could, in the opinion of the Lenders and/or the Facility Agent Bank be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the Refund Guarantor) or the Borrowers’ Group taken as a whole or (ii) on the security constituted by any of the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I; or

Environmental Incidents. 11.13 There there is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim which could, in the opinion of the Lenders and/or the Facility Agent Bank be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the Refund Guarantor) or the Borrower’s Group taken as a whole or (ii) on the security constituted by any of the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I; or

Environmental Incidents. 11.13 There there is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim Claims which could, in the opinion of the Lenders and/or the Facility Agent Bank be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the Refund Guarantor) or the Borrower's Group taken as a whole or (ii) on the security constituted by any of the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I; or

Environmental Incidents. 11.13 There is an Environmental Incident which gives rise, or may give rise, to an Environmental Claim which could, in the opinion of the Lenders and/or the Facility Agent be expected to have a material adverse effect (i) on the business, assets, operations, property or financial condition of any Security Party (other than the Charterer, the Builder and the Refund GuarantorGuarantors) or the Group taken as a whole or (ii) on the Security under the Finance Documents or the enforceability of that security in accordance with its terms. P&I