Common use of Environmental Lien Clause in Contracts

Environmental Lien. The continued existence, for a period of forty-five (45) days, of any Environmental Lien securing an obligation in excess of $500,000 on any assets or properties of any Loan Party; or

Environmental Lien. The continued existence, for a period of forty-five (45) days, of any Environmental Lien securing an obligation in excess of $500,000 2,500,000 on any assets or properties of any Loan Party; or