Common use of No Violation of Environmental Laws Clause in Contracts

No Violation of Environmental Laws. As of the Closing Date, and to Accredited's knowledge as of the Securitization Closing Date, there is no pending action or proceeding directly involving the Mortgaged Property in which compliance with any environmental law, rule or regulation is an issue. As of the Closing Date, to Accredited's knowledge, based upon customary and prudent residential mortgage industry underwriting standards, and to Accredited's knowledge as of the Securitization Closing Date, there is no violation of any environmental law, rule or regulation with respect to the Mortgaged Property, and nothing further remains to be done to satisfy in full all requirements of each such law, rule or regulation constituting a prerequisite to use and enjoyment of said property;

No Violation of Environmental Laws. As of the Closing Date, and to Accredited's knowledge as of the Securitization Closing Date, there is no pending action or proceeding directly involving the Mortgaged Property in which compliance with any environmental law, rule or regulation is an issue. As of the Closing Date, to Accredited's knowledge, based upon customary and prudent residential mortgage industry underwriting standards, and to Accredited's knowledge as of the Securitization Closing Date, there is no violation of any environmental law, rule or regulation with respect to the Mortgaged Property, and nothing further remains to be done to satisfy in full all requirements of each such law, rule or regulation constituting a prerequisite to use and enjoyment of said property;