Common use of Notice of Environmental Event Clause in Contracts

Notice of Environmental Event. During the Term, Tenant shall give Landlord prompt oral and follow-up written notice within seventy-two (72) hours of any actual or, to Tenant’s actual knowledge, threatened Environmental Event. Tenant shall perform Tenant’s Remedial Work and Landlord shall perform (or cause to be performed) Landlord’s Remedial Work in accordance with all Environmental Laws to the reasonable satisfaction of the applicable Governmental Authority. Upon any Environmental Event (except to the extent constituting Landlord’s Remedial Work), in addition to all other rights available to Landlord under this Lease, at law or in equity, Landlord shall have the right, but not the obligation, at its option (i) to require Tenant, at its sole cost and expense, to address and remedy such Environmental Event, in which event Landlord shall have the right to Approve (which Approval shall not be unreasonably withheld) any actions taken by Tenant to address and remedy the Environmental Event, or (ii) if Tenant has failed to commence action to address and remedy the Environmental Event within a reasonable time after notice is given to Landlord, and such failure continues for thirty (30) days after written notice thereof from Landlord to Tenant, to perform, at Tenant’s sole cost and expense, any lawful action necessary to address and remedy the same, in which event Tenant shall pay the costs thereof to Landlord, within ten (10) days after written demand therefor, together with interest on such amounts at the Default Rate from the date of demand for such amounts by Landlord until reimbursed by Xxxxxx.

Notice of Environmental Event. During the Term, Tenant shall give Landlord prompt oral and follow-up written notice within seventytwenty-two four (7224) hours of any actual or, to Tenant’s or threatened Environmental Event of which Xxxxxx has actual knowledge, threatened Environmental Event. Tenant shall perform Tenant’s Remedial Work and Landlord shall perform (or cause to be performed) Landlord’s Remedial Work in accordance with all Environmental Laws to the reasonable satisfaction of the applicable Governmental Authority. Upon any Environmental Event (except to the extent constituting Landlord’s Remedial Work), in addition to all other rights available to Landlord under this Lease, at law or in equity, Landlord shall have the right, but not the obligation, at its option (i) to require Tenant, at its sole cost and expense, to address and remedy such Environmental Event, in which event Landlord shall have the right to Approve (which Approval shall not be unreasonably withheld) any actions taken by Tenant to address and remedy the Environmental Event, or (ii) if Tenant has failed to commence action to address and remedy the Environmental Event within a reasonable time after notice is given to Landlord, and such failure continues for thirty (30) calendar days after written notice thereof from Landlord to Tenant, to perform, at Tenant’s sole cost and expense, any lawful action necessary to address and remedy the same, in which event Tenant shall pay the costs thereof to Landlord, within ten (10) calendar days after written demand therefor, together with interest on such amounts at the Default Rate from the date of demand for such amounts by Landlord until reimbursed by Xxxxxx.

Notice of Environmental Event. During the Term, Tenant shall give Landlord prompt oral and follow-up written notice within seventytwenty-two four (7224) hours of any actual or, to Tenant’s or threatened Environmental Event of which Tenant has actual knowledge, threatened Environmental Event. Tenant shall perform Tenant’s Remedial Work and Landlord shall perform (or cause to be performed) Landlord’s Remedial Work in accordance with all Environmental Laws to the reasonable satisfaction of the applicable Governmental Authority. Upon any Environmental Event (except to the extent constituting Landlord’s Remedial Work), in addition to all other rights available to Landlord under this Lease, at law or in equity, Landlord shall have the right, but not the obligation, at its option (i) to require Tenant, at its sole cost and expense, to address and remedy such Environmental Event, in which event Landlord shall have the right to Approve (which Approval shall not be unreasonably withheld) any actions taken by Tenant to address and remedy the Environmental Event, or (ii) if Tenant has failed to commence action to address and remedy the Environmental Event within a reasonable time after notice is given to Landlord, and such failure continues for thirty (30) calendar days after written notice thereof from Landlord to Tenant, to perform, at Tenant’s sole cost and expense, any lawful action necessary to address and remedy the same, in which event Tenant shall pay the costs thereof to Landlord, within ten (10) calendar days after written demand therefor, together with interest on such amounts at the Default Rate from the date of demand for such amounts by Landlord until reimbursed by Xxxxxx.

Notice of Environmental Event. During the Term, Tenant shall give Landlord prompt oral and follow-up written notice within seventy-two (72) hours of any actual or, to Tenant’s actual knowledge, threatened Environmental Event. Tenant shall perform Tenant’s Remedial Work and Landlord shall perform (or cause to be performed) Landlord’s Remedial Work in accordance with all Environmental Laws to the reasonable satisfaction of the applicable Governmental Authority. Upon any Environmental Event (except to the extent constituting Landlord’s Remedial Work), in addition to all other rights available to Landlord under this Lease, at law or in equity, Landlord shall have the right, but not the obligation, at its option (i) to require Tenant, at its sole cost and expense, to address and remedy such Environmental Event, in which event Landlord shall have the right to Approve (which Approval shall not be unreasonably withheld) any actions taken by Tenant to address and remedy the Environmental Event, or (ii) if Tenant has failed to commence action to address and remedy the Environmental Event within a reasonable time after notice is given to Landlord, and such failure continues for thirty (30) days after written notice thereof from Landlord to Tenant, to perform, at Tenant’s sole cost and expense, any lawful action necessary to address and remedy the same, in which event Tenant shall pay the costs thereof to Landlord, within ten (10) days after written demand therefor, together with interest on such amounts at the Default Rate from the date of demand for such amounts by Landlord until reimbursed by XxxxxxTenant.

Notice of Environmental Event. During the Term, Tenant shall give Landlord prompt oral and follow-up written notice within seventytwenty-two four (7224) hours of any actual or, to Tenant’s or threatened Environmental Event of which Xxxxxx has actual knowledge, threatened Environmental Event. Tenant shall perform Tenant’s Remedial Work and Landlord shall perform (or cause to be performed) Landlord’s Remedial Work in accordance with all Environmental Laws to the reasonable satisfaction of the applicable Governmental Authority. Upon any Environmental Event (except to the extent constituting Landlord’s Remedial Work), in addition to all other rights available to Landlord under this Lease, at law or in equity, Landlord shall have the right, but not the obligation, at its option (i) to require Tenant, at its sole cost and expense, to address and remedy such Environmental Event, in which event Landlord shall have the right to Approve (which Approval shall not be unreasonably withheld) any actions taken by Tenant to address and remedy the Environmental Event, or (ii) if Tenant Xxxxxx has failed to commence action to address and remedy the Environmental Event within a reasonable time after notice is given to Landlord, and such failure continues for thirty (30) calendar days after written notice thereof from Landlord to Tenant, to perform, at TenantXxxxxx’s sole cost and expense, any lawful action necessary to address and remedy the same, in which event Tenant shall pay the costs thereof to Landlord, within ten (10) calendar days after written demand therefor, together with interest on such amounts at the Default Rate from the date of demand for such amounts by Landlord until reimbursed by Xxxxxx.