Common use of Environmental Representations Clause in Contracts

Environmental Representations. Except as otherwise disclosed in the Environmental Report, to the knowledge of LRC: (i) no Hazardous Substances Activities other than Permitted Hazardous Substance Uses have occurred prior to the Effective Date; (ii) no owner or operator of the Property has reported or been required to report any release of any Hazardous Substances on or from the Property pursuant to any Environmental Law; and (iii) no owner or operator of the Property has received from any federal, state or local governmental authority any warning, citation, notice of violation or other communication regarding a suspected or known release or discharge of Hazardous Substances on or from the Property or regarding a suspected or known violation of Environmental Laws concerning the Property. Further, LRC represents that, to its knowledge, the Environmental Report taken as a whole is not misleading or inaccurate in any material respect. (As used in this and other provisions of the Operative Documents, “knowledge of LRC”, “LRC’s knowledge” and words of like effect mean the present actual knowledge of Rxxx XxXxxxx and Jxx Pasichuke, the current officers of LRC having primary responsibility for the negotiation of the Operative Documents and for the facilities which include the Property, respectively. As used in any future certificate delivered by BNPPLC as required by this Agreement or any other Operative Documents, “knowledge of LRC”, “LRC’s knowledge” and words of like effect will mean the present actual knowledge of Rxxx XxXxxxx and Jxx Pasichuke, or their successors, as the then current officers of LRC having primary responsibility for the administration of the Operative Documents and for the facilities which include the Property.)