Common use of FORTIETH Clause in Contracts

FORTIETH. Lessee acknowledges having been advised that Lessee is not to dispose of any toxic/hazardous waste products on leased property, and that Lessee must make satisfactory disposal arrangements for any such waste, in accordance with appropriate Federal, State, and local laws. Lessee further warrants to hold the owner of the property harmless from any liability, as well as taking full responsibility for any liability that may be caused as a result of Lessee's action/non-action as a result of Lessee's activity on said premises. Lessee agrees that failure to dispose of toxic/hazardous waste in accordance with the aforesaid laws/regulations, the receipt of a Notice of Violation (N.O.V.) from a state, federal or local environmental agency, any loss of environmental operating permits, or Lessor's notification to lessee advising discovery of poor or hazardous housekeeping practices or business operations likely to cause imminent contamination problems constitute a breach of this Lease, and Lessee will be subject to criminal and civil penalties. Lessee agrees to provide to Lessor within 5 business days, a copy of any Notice of Violation or similar environmental notification. All parties agree, at the inception of this lease, that there are no existing discernible environmental problems or hazardous wastes at the leased premises. If Lessee receives a Notice of Violation, or similar notification, Lessee agrees to immediately correct the problem in accordance with all laws and regulations, and agrees to perform, at Lessee's sole cost and expense, a subsequent environmental audit at the expiration of the lease term to insure to all parties that the site has been properly remediated.

FORTIETH. Lessee acknowledges having been advised that Lessee is Is not to dispose of any toxic/hazardous waste products on leased property, and that Lessee must make satisfactory disposal arrangements for any such waste, in accordance with appropriate Federal, State, and local laws. Lessee further warrants to hold the owner of the property harmless from any liability, as well as taking full responsibility for any liability that may be caused as a result of Lessee's action/non-action as a result of Lessee's activity on said premises. Lessee agrees that failure to dispose of toxic/hazardous waste in accordance with the aforesaid laws/regulations, the receipt of a Notice of Violation (N.O.V.N.O.V) from a state, federal or local environmental agency, any loss of environmental operating permits, or Lessor's notification to lessee Lessee advising discovery of poor or hazardous housekeeping practices or business operations likely to cause imminent contamination problems constitute a breach of this Lease, and Lessee will be subject to criminal and civil penalties. Lessee agrees to provide to Lessor within 5 business days, a copy of any Notice of Violation or similar environmental notification. All parties agree, at the inception of this lease, that there are no existing discernible environmental problems or hazardous wastes at the leased premises. If Lessee receives a Notice of Violation, or similar notification, Lessee agrees to immediately correct the problem in accordance with all laws and regulations, and agrees to perform, at Lessee's sole cost and expense, a subsequent environmental audit at the expiration of the lease term to insure to all parties that the site has been properly remediated.

FORTIETH. Lessee acknowledges having been advised that Lessee is not to dispose of any toxic/hazardous waste products on leased property, and that Lessee must make satisfactory disposal arrangements for any such waste, in accordance with appropriate Federal, State, and local laws. Lessee further warrants to hold the owner of the property harmless from any liability, as well as taking full responsibility for any liability that may be caused as a result of Lessee's action/non-action as a result of Lessee's activity on said premises. Lessee agrees that failure to dispose of toxic/hazardous waste in accordance with the aforesaid laws/regulations, the receipt of a Notice of Violation (N.O.V.N.O.V) from a state, federal or local environmental agency, any loss of environmental operating permits, or Lessorlessor's notification to lessee advising discovery of poor or hazardous housekeeping practices or business operations likely to cause imminent contamination problems constitute a breach of this Lease, and Lessee will be subject to criminal and civil penalties. Lessee agrees to provide to Lessor within 5 business days, a copy of any Notice of Violation or similar environmental notification. All parties agree, at the inception of this lease, that there are no existing discernible environmental problems or hazardous wastes at the leased premises. If Lessee receives a Notice of Violation, or similar notification, Lessee agrees to immediately correct the problem in accordance with all laws and regulations, and agrees to perform, at Lessee's sole cost and expense, a subsequent environmental audit at the expiration of the lease term to insure to all parties that the site has been properly remediated.