O&M Programs. Borrower shall cause Owner to use reasonable and diligent efforts to cause Operator Tenants at the Properties identified on Attachment A of Schedule VIII attached hereto to, promptly following the closing of the Loan, implement and thereafter maintain O&M Programs for asbestos or lead-based paint that set forth the appropriate procedures and guidelines that, when implemented during facility cleaning, maintenance, and general operations, will minimize human exposure to asbestos fibers and lead-based paint, will minimize the release of asbestos fibers and lead-based paint to the environment, and are in compliance with local, state, and federal governmental requirements and industry practices.
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O&M Programs. Borrower shall cause Owner to use reasonable and diligent efforts to cause Operator Tenants at the Properties identified on Attachment A of Schedule VIII attached hereto to, promptly following the closing of the Loan, implement and thereafter maintain O&M Programs for asbestos or lead-based paint that set forth the appropriate procedures and guidelines that, when implemented during facility cleaning, maintenance, and general operations, will minimize human exposure to asbestos fibers and lead-based paint, will minimize the release of asbestos fibers and lead-based paint to the environment, and are in compliance with local, state, and federal governmental requirements and industry practices.
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Sources: Loan Agreement (Capitalsource Inc)