Environmental Remediation. Failure to remediate within the time ------------------------- period required by law or governmental order after all administrative hearings and appeals have been concluded (or within a reasonable time in light of the nature of the problem if no specific time period is so established), environmental problems in violation of applicable law related to Properties of the Consolidated Group where the estimated cost of remediation is in the aggregate in excess of $20,000,000.
Appears in 2 contracts
Samples: Credit Agreement (Rouse Company), Revolving Credit Agreement (Rouse Company)
Environmental Remediation. Failure to remediate within the time ------------------------- period required by law or governmental order after all administrative hearings and appeals have been concluded (or within a reasonable time in light of the nature of the problem if no specific time period is so established), environmental problems in violation of applicable law related to Properties of the Consolidated Group where the estimated cost of remediation is in the aggregate in excess of $20,000,000.
Appears in 1 contract
Samples: Assignment Agreement (Rouse Company)
Environmental Remediation. Failure to remediate within the time ------------------------- period required by law or governmental order after all administrative hearings and appeals have been concluded order, (or within a reasonable time in light of the nature of the problem if no specific time period is so established), environmental problems in violation of applicable law related to Properties of the Consolidated Group where the estimated cost of remediation is in the aggregate in excess of $20,000,000.5,000,000, in each case after all administrative hearings and appeals have been concluded. ARTICLE XI
Appears in 1 contract
Samples: Revolving Credit Agreement (Bradley Real Estate Inc)
Environmental Remediation. Failure to remediate within the time ------------------------- period required permitted by law or governmental order order, after all administrative hearings and appeals have been concluded (or within a reasonable time in light of the nature of the problem if no specific time rime period is so established), material environmental problems in violation of applicable law related to Properties Projects of the Consolidated Group where Borrower and its Subsidiaries if the estimated cost of remediation is in the affected Projects have an aggregate book value in excess of $20,000,00010,000,000.
Appears in 1 contract
Samples: Revolving Credit Agreement (National Golf Properties Inc)