Common use of Notice of Hazardous Materials Clause in Contracts

Notice of Hazardous Materials. Promptly, and in any event within 10 Business Days after the Borrower obtain knowledge thereof, written notice of (i) any release or threat of release of Hazardous Materials on, in, under or affecting all or any portion of the Property or (ii) the violation of any Environmental Law, in each case which could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Operating Agreement (First Union Real Estate Equity & Mortgage Investments)

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Notice of Hazardous Materials. Promptly, and in any event within 10 ten (10) Business Days after the Borrower obtain knowledge obtains Knowledge thereof, written notice of (i) any release Release (as defined in the Environmental Indemnity) or threat Threat of release Release (as defined in the Environmental Indemnity) of Hazardous Materials on, in, under or affecting all or any portion of the any Individual Property or (ii) the violation of any Environmental Law, in each case which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Winthrop Realty Trust)

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Notice of Hazardous Materials. Promptly, and in any event within 10 ten (10) Business Days after the Borrower obtain knowledge obtains Knowledge thereof, written notice of (i) any release Release (as defined in the Environmental Indemnity) or threat Threat of release Release (as defined in the Environmental Indemnity) of Hazardous Materials on, in, under or affecting all or any portion of the any Individual Property or (ii) the violation of any Environmental Law, in each case which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Newkirk Master Lp)

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