Environmental Risks. Purchaser acknowledges that there are, or may be, certain environmental issues and/or risks with respect to the Real Property.
Environmental Risks. If there are any facts or conditions identified in a Phase I assessment that, in its reasonable discretion, Old Kent believes could potentially pose a current or future risk of a material liability, interference with use, or material diminution of value of the property, then Old Kent shall identify that risk to First Evergreen, identify the facts or conditions underlying that risk, and provide First Evergreen with a copy of the Phase I assessment for that property (an "ENVIRONMENTAL RISK").
Environmental Risks. If there are any facts or conditions identified in any Phase I Assessment or Phase II Assessment that Chemical reasonably believes pose a current or future material risk of liability, material interference with use, or a material diminution of value of the Investigated Property (collectively, "Environmental Risks"), then Chemical shall notify O.A.K. of such Environmental Risks and the facts or conditions underlying such Environmental Risks within 10 Business Days after receipt of all final environmental reports for the Investigated Property. Such notice shall include either (i) an estimate by a qualified 50 environmental professional of the actual cost of all remedial or other corrective actions and measures required by applicable law to be taken with respect to the Investigated Property, or (ii) a statement from a qualified environmental professional that the cost of such actions and measures cannot be reasonably estimated.
Environmental Risks. Manage site operations and ensure that any waste, including rejected or returned products declared as waste, are managed appropriately f rom the point of generation to the point of final disposal in a safe and responsible manner with environmentally sustainable waste disposal systems; ensure that any adverse environmental impacts or nuisances associated with air emissions are eliminated or minimised; ensure that water is used efficiently and that wastewater is treated and discharged in a way that minimises adverse impacts to the receiving environment; take all prudent measures to prevent contamination of soil and groundwater and address areas of contamination; ensure that effective measures to prevent and contain spillages and fire-water are in place; minimise, and ultimately eliminate, the use of ozone depleting substances and their release to the environment.
Environmental Risks. If Old Kent has given Grand Premier notice of an unacceptable Environmental Risk as provided in Section 5.15.4 (Old Kent's Termination Rights).
Environmental Risks. If there are any facts or condi- tions identified in a Phase I assessment that Old Kent believes could pose a current or future risk of a material liability, interference with use, or diminution of value of the property, then Old Kent shall identify that risk to CFSB, identify the facts or conditions underly- ing that risk, and provide CFSB with a copy of the Phase I assessment for that property (an "ENVIRONMENTAL RISK").
Environmental Risks. If Old Kent has given CFSB notice of an unacceptable Environmental Risk as provided in Section 5.15.4 (OLD KENT'S RIGHT TO TERMINATE).
Environmental Risks. If Chemical has given O.A.K. notice of termination as provided in and pursuant to Section 5.14.
Environmental Risks. If Old Kent has given First Evergreen notice of an unacceptable Environmental Risk as provided in Section 5.16.5 (OLD KENT'S RIGHT TO TERMINATE).
Environmental Risks. If there are any facts or conditions identified in any Phase I Assessment or Phase II Assessment that Purchaser reasonably believes pose a current or future material risk of liability, material interference with use, or a material diminution of value of any Company Real Property (collectively, “Environmental Risks”), then Purchaser shall notify Company of such Environmental Risks and the facts or conditions underlying such Environmental Risks within 10 Business Days after receipt of all final environmental reports for the Company Real Property. Such notice shall include either (a) an estimate by a qualified environmental consulting firm of the actual cost of all remedial or other corrective actions and measures required by applicable Law to be taken with respect to the Company Real Property, or (ii) a statement from a qualified environmental consulting firm that the cost of such actions and measures cannot be reasonably estimated.
