ENVIRONMENTAL WAIVER. WITHOUT LIMITING THE FOREGOING PROVISIONS, EACH OF BORROWER AND PARENT HEREBY DOES WAIVE, RELEASE AND COVENANT NOT TO BRING AGAINST ANY OF THE PERSONS INDEMNIFIED IN THIS SECTION 10.4 ANY DEMAND, CLAIM, COST RECOVERY ACTION OR LAWSUIT THEY MAY NOW OR HEREAFTER HAVE OR ACCRUE (WHICH ARISE AS A RESULT OF THE REVOLVING CREDIT LOANS, THE LETTERS OF CREDIT OR ANY FINANCING DOCUMENT) ARISING FROM (i) ANY ENVIRONMENTAL LAW NOW OR HEREAFTER ENACTED (INCLUDING THOSE APPLICABLE TO ANY CREDIT PARTY) UNLESS THE ACTS OR OMISSIONS OF ANY SUCH INDEMNIFIED PERSON OR THEIR RESPECTIVE SUCCESSORS AND ASSIGNS ARE THE PRIMARY CAUSE OF THE CIRCUMSTANCES GIVING RISE TO SUCH DEMAND, CLAIM, COST RECOVERY ACTION OR LAWSUIT, (ii) THE PRESENCE, USE, RELEASE, STORAGE, TREATMENT OR DISPOSAL OF HAZARDOUS SUBSTANCES ON OR AT ANY OF THE PROPERTIES OWNED OR OPERATED BY ANY CREDIT PARTY UNLESS THE ACTS OR OMISSIONS OF ANY SUCH INDEMNIFIED PERSON OR THEIR RESPECTIVE SUCCESSORS AND ASSIGNS ARE THE PRIMARY CAUSE OF THE CIRCUMSTANCES GIVING RISE TO SUCH DEMAND, CLAIM, COST RECOVERY ACTION OR LAWSUIT, OR (iii) THE BREACH OR NON-COMPLIANCE BY ANY CREDIT PARTY WITH ANY ENVIRONMENTAL LAW OR ENVIRONMENTAL COVENANT APPLICABLE TO ANY CREDIT PARTY, UNLESS THE ACTS OR OMISSIONS OF SUCH INDEMNIFIED PERSON OR THEIR RESPECTIVE SUCCESSORS AND ASSIGNS ARE THE PRIMARY CAUSE OF THE CIRCUMSTANCES GIVING RISE TO SUCH DEMAND, CLAIM, COST RECOVERY ACTION OR LAWSUIT. If and to the extent that the obligations of Borrower and Parent under this Section 10.4 are unenforceable for any reason, Borrower and Parent hereby agree to make the maximum contribution to the payment and satisfaction of such obligations which is permissible under applicable law. Borrower’s and Parent’s obligations under this Section 10.4 shall survive any termination of this Agreement and the payment of the Revolving Credit Loans.
ENVIRONMENTAL WAIVER. Borrower waives and releases Lender from -------------------- any rights or defenses Borrower may have against Lender under common law or Environmental Laws for liability arising from or resulting from the presence, Use or Release of Hazardous Substances except to the extent directly caused by the gross negligence, fraud or willful misconduct of Lender.
ENVIRONMENTAL WAIVER. The Purchaser (on its own behalf and on behalf of its Affiliates and the successors and assigns of any of the foregoing) hereby waives any right to seek contribution or other recovery from the Seller or from any of its Affiliates that any of them may now or in the future ever have under any Law relating to any Environmental and Safety Requirements, including, without limitation, 42 U.S.C. §§ 9607 and 9613(f) of the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), as such Laws were in the past or are currently in effect, or may in the future be enacted or be in effect; provided, however, that such waiver shall only be effective after the date that is eighteen (18) months after the date hereof. The Purchaser (on its own behalf and on behalf of its Affiliates and the successors and assigns of any of the foregoing) hereby further unconditionally releases the Seller and its Affiliates from any and all claims, demands and causes of action that any of them may now or in the future ever have against either the Seller or any of its Affiliates for recovery under CERCLA or under any other Law relating to Environmental and Safety Requirements as such Laws were in the past or are currently in effect, or may in the future be enacted or be in effect; provided, however, that such release shall only be effective after the date that is eighteen (18) months after the date hereof. Notwithstanding the foregoing, this Section 7.4 shall not apply to the Seller’s obligations under Section 6.2(a)(i).
ENVIRONMENTAL WAIVER. WITHOUT LIMITING THE FOREGOING PROVISIONS, THE COMPANY HEREBY DOES WAIVE, RELEASE AND COVENANT NOT TO BRING AGAINST ANY OF THE PERSONS INDEMNIFIED IN THIS SECTION 9.4 ANY DEMAND, CLAIM, COST RECOVERY ACTION OR LAWSUIT THEY MAY NOW OR HEREAFTER HAVE OR ACCRUE (WHICH RELATE TO OR ARISE AS A RESULT OF THE LOANS, THE LETTERS OF CREDIT OR ANY FINANCING DOCUMENT) ARISING FROM (1) ANY ENVIRONMENTAL LAW NOW OR HEREAFTER ENACTED (INCLUDING THOSE APPLICABLE TO THE COMPANY OR ANY OF ITS SUBSIDIARIES), (2) THE PRESENCE, USE, RELEASE, STORAGE, TREATMENT OR DISPOSAL OF HAZARDOUS SUBSTANCES ON OR AT ANY OF THE PROPERTIES OWNED OR OPERATED BY THE COMPANY OR ANY OF ITS SUBSIDIARIES, OR (3) THE BREACH OR NONCOMPLIANCE BY THE COMPANY WITH ANY ENVIRONMENTAL LAW OR ENVIRONMENTAL COVENANT APPLICABLE TO THE COMPANY OR ANY OF ITS SUBSIDIARIES. If and to the extent that the obligations of the Company under this Section are unenforceable for any reason, the Company hereby agrees to make the maximum contribution to the payment and satisfaction of such obligations which is permissible under applicable law. The Company's obligations under this Section shall survive any termination of this Agreement and the payment of the Notes.
ENVIRONMENTAL WAIVER. Without limitation, to the fullest extent permitted by law, and except for the warranties contained in Section 6 (g) of this Contract, Purchaser hereby releases Seller from and waives any and all claims and liabilities against Seller for, related to or in connection with any environmental condition at the Property (or the presence of any matter or substance relating to the environmental condition of the Property), including, but not limited to, claims and/or liabilities relating to (in any manner whatsoever) any hazardous, toxic or dangerous materials or substances located in, at, about or under the Property, or for any and all claims or causes of action (actual or threatened) based upon, in connection with or arising out of: (i) the Comprehensive Environmental Response, Compensation and Liability Act (42 U.S.C. §§9601 et seq.) (“CERCLA”); (ii) the Resource Conservation and Recovery Act (42 U.S.C. §§6901 et seq.) (“RCRA”); (iii) the Superfund Amendments and Reauthorization Act (42 U.S.C. §§9601 et seq.) (“XXXX”); or (iv) any other claim or cause of action (including any federal or state based statutory, regulatory or common law cause of action, including without limitation, the Texas Solid Waste Disposal Act) related to environmental matters or liability with respect to or affecting the Property.
ENVIRONMENTAL WAIVER. Without limiting the foregoing provisions, -------------------- the Company does hereby waive, release and covenant not to bring against any of the Persons identified in this Section 8.04 any demand, claim, cost recovery action or lawsuit which the Company may now or hereafter have or accrue (which relate to or arise as a result of the Loans, the Letters of Credit or any Financing Document) arising from (1) any Environmental Law now or hereafter enacted (including those applicable to the Company or any of its Subsidiaries) except to the extent the acts or omissions of any such person or their respective successors and assigns are the direct cause of the circumstances giving rise to such demand, cost recovery action or lawsuit, (2) the presence, use, release, storage, treatment or disposal of Hazardous Substances on or at any of the Properties prior to or during the period owned by the Company or operated by the Company or any of its Subsidiaries, or (3) the breach or non-compliance by the Company with any Environmental Law or environmental covenant applicable to the Company or any of its Subsidiaries, except to the extent the acts or omissions of such Person, its successors and assigns are the direct cause of the circumstances giving rise to such demand, claim, cost recovery action or lawsuit. If and to the extent that the obligations of the Company under this Section are unenforceable for any reason, the Company hereby agrees to make the maximum contribution to the payment and satisfaction of such obligations which is permissible under applicable law. The Company's obligations under this Section shall survive any termination of this Agreement and the payment of the Notes.
ENVIRONMENTAL WAIVER. Borrower waives and releases Mezzanine -------------------- Lender from any rights or defenses Borrower may have against Mezzanine Lender under common law or Environmental Laws for liability arising from or resulting from the presence, Use or Release of Hazardous Substances except to the extent directly caused by the gross negligence, fraud or willful misconduct of Mezzanine Lender.
ENVIRONMENTAL WAIVER. Urban, on behalf of itself and its successors and assigns, hereby forever waives, releases and discharges any demand, claim, cost recovery action or lawsuit (including, without limitation, contribution or indemnity claims) against the ANB Trust, the Partnership and ZML (and each of its partners) which Urban or any such successor or assign may have against the ANB Trust, Partnership or ZML (or any of its partners) under any Environmental Law or common law for "Known Environmental Conditions", but not otherwise. In addition, after Closing, the Partnership, for itself, the ANB Trust and, to the fullest extent (and only to the fullest extent) permitted by law, their respective successors and assigns, shall be deemed to have forever waived, released and discharged any demand, claim, cost recovery action or lawsuit (including, without limitation, contribution or indemnity claims) against ZML (and each of its partners) which the Partnership, the ANB Trust or any of their respective successors and assigns may have against ZML (or any of its partners) under any Environmental Law for "Known Environmental Conditions", but not otherwise. As used in this Section 9(F), "Known Environmental Conditions" shall mean (a) ZML's Environmental Disclosures, and (b) subject to Urban's rights in respect of Section 9(A)(xii) if and to the extent applicable, any conditions existing as of September 3, 1993, which conditions include, but are not limited to, those matters referred to in the Delta Report, the Versar Report, and the Law Report. This Section 9(F) shall survive the Closing without limitation as to time.
ENVIRONMENTAL WAIVER. 1. To the extent of its allocated liability as set forth in paragraph (B)(3) below, each of the Participating Cities does hereby release, waive any and all claims, against the other Participating Cities and their officers, agents, employees, and volunteers, against any and all environmental damages resulting from the handling, collection, transportation, storage, disposal, treatment, recovery, and/or reuse, by any person, of waste which was collected pursuant to Event.
ENVIRONMENTAL WAIVER. 45 Section 10.5 Right of Setoff ................................. 46 Section 10.6 Benefit of Agreement ............................ 46 Section 10.7 Successors and Assigns; Participations and Assignments ................................... 46 Section 10.8 Governing Law; Submission to Jurisdiction; etc... 48 (a)
