Environmental Violation Sample Clauses

Environmental Violation. The Borrower fails to take immediate steps to respond appropriately (or thereafter to diligently resolve) to the Lender's satisfaction and in compliance with Legal Requirements and all Environmental Laws, any environmental incident as described in Section 7.2.

Environmental Violation. If at any time an event or condition shall have occurred and be continuing which results in the Leased Property being in violation of any Environmental Law, or a notice, complaint, or order or finding of violation or noncompliance with any Environmental Law shall have been received by Lessee with respect to the Leased Property, Lessee shall, at its option, (a) promptly commence and diligently perform all remedial work, at Lessee's own cost and expense, necessary or desirable to bring the Leased Property into full compliance with Environmental Laws by not later than the earlier of (i) twelve months after the date of discovery of such event or condition or such longer period of time as may be reasonably necessary if such remedial work cannot be completed in said 12 months so long as such remedial work is being diligently pursued and (ii) the end of the initial term of the Lease with respect to the Leased Property, or (b) (i) purchase the Leased Property at a purchase price equal to the Lease Balance and in the manner set forth in Section 14.4 of the Lease or (ii) purchase the General Partner Interest and cause the Loan Balance of all of the Loans to be prepaid in full pursuant to Section 11.01 of the Partnership Agreement and Section 5.1(u) hereof.

Environmental Violation. Any material Environmental Violation shall have occurred and be continuing; or

Environmental Violation. Environmental Violation" shall mean (a) any direct or.indirect:discharge, disposal, spillage, emission, escape, pumping, pouring injection, leaching,: release, seepage or. filtration of any Hazardous Substance at, above, upon, under or:within the Property, or from the Property to real estate. contiguous thereto, in violation of any Environmental ..Law -or in excess of any reportable quantity. established- under any Environmental Law, (b) any deposit, storage, dumping, placement or use of any Hazardous Substance. at; ..above, upon, under or within the Property or any. real estate-.`contiguous thereto in violation of any Environmental Law, (c) the abandonment or discarding of any barrels, containers or other receptacles containing and Hazardous :.Substances in - violation of any Environmental Laws;: either at, above, upon, under or within the Property or at any off site location by Tenant or any subtenant or occupant of the Leased Premises or anyone acting by, through or under Tenant's direction or control, (d) any activity which is reasonably likely to result in any liability, cost or expense to Tenant or Landlord or any other owner or occupier of the Leased Premises, or which might result in the creation of a lien on the Leased Premises under any Environmental Law and (e) any other material violation of, or noncompliance with, any Environmental Law.

Environmental Violation. 2 ERISA.........................................................................13

Environmental Violation. To Terminating Lessee’s knowledge, there does not exist any violation of applicable environmental laws or any other environmental issue at any Hotel.