No Environmental Sample Clauses
The "No Environmental" clause serves to clarify that the parties involved have no obligations or liabilities related to environmental matters under the agreement. In practice, this means that neither party is responsible for addressing, remediating, or disclosing environmental issues such as contamination, hazardous materials, or compliance with environmental laws in connection with the subject of the contract. This clause is typically used to allocate risk by ensuring that environmental responsibilities are expressly excluded, thereby preventing future disputes or unexpected liabilities related to environmental concerns.
No Environmental. Claim has commenced or (to the best of its knowledge and belief (having made due and careful enquiry)) is threatened against any member of the Group where that claim has or might reasonably be expected, if determined against that member of the Group, to have a Material Adverse Effect or which is reasonably likely to give rise to a financial liability for any Finance Party.
No Environmental. Enforcement Action or liability with respect to any Hazardous Materials shall be pending or threatened in writing with respect to the applicable Individual Property.
No Environmental. Claim No Environmental Claim has been made or threatened against any member of the Group or any Ship.
No Environmental. Incident No Environmental Incident has occurred and no person has claimed that an Environmental Incident has occurred.
No Environmental. Lien has attached to any Premises of any Borrower or any of its Subsidiaries.
No Environmental. Lien has attached to the Borrower's interest in any Premises of the Borrower or any of its Subsidiaries.