Preparation of Environmental Reports Sample Clauses

Preparation of Environmental Reports. At the request of the Administrative Agent from time to time if the Administrative Agent reasonably suspects the presence of any Hazardous Materials on any property of the Borrower or its Subsidiaries, provide to the Administrative Agent within sixty (60) days after such request, at the expense of the Borrower, an environmental site assessment report for any Specified Real Estate described in such request, prepared by a nationally recognized environmental consulting firm (or other environmental consulting firm reasonably acceptable to the Administrative Agent), indicating the presence or absence of Hazardous Materials and the estimated cost of any compliance, removal or remedial action in connection with any Hazardous Materials on such properties; without limiting the generality of the foregoing, if the Administrative Agent determines at any time that a material risk exists that any such report will not be provided within the time referred to above, the Administrative Agent may retain an environmental consulting firm to prepare such report at the expense of the Borrower, and such Loan Party hereby grants and agrees to cause any Subsidiary that owns any property described in such request to grant at the time of such request to the Administrative Agent, such firm and any agents or representatives thereof an irrevocable non-exclusive license, subject to the rights of tenants, to enter onto their respective properties to undertake such an assessment.
Preparation of Environmental Reports. If a Default caused by reason of a breach of Section 3.17 or Section 5.10 shall have occurred and be continuing for more than 20 days without the Borrower or any Subsidiary commencing activities reasonably likely to cure such Default, at the written request of the Required Lenders through the Administrative Agent, provide to the Lenders within 45 days after such request, at the expense of the Loan Parties, an environmental site assessment report regarding the matters which are the subject of such Default prepared by an environmental consulting firm reasonably acceptable to the Administrative Agent and indicating the presence or absence of Hazardous Materials and the estimated cost of any compliance or remedial action in connection with such Default.
Preparation of Environmental Reports. The Borrower agrees that the Required Lenders may, upon reasonable prior notice, from time to time in their reasonable discretion, retain an independent professional consultant to prepare environmental site assessment reports for the Borrower or any of its Subsidiaries and/or to review any report relating to Hazardous Materials prepared by or for the Borrower, the cost of which shall be paid fifty (50%) by the Borrower and fifty percent (50%) ratably by the Lenders provided, that, if a Default has occurred and is continuing all such costs shall be at the Borrower’s sole expense and, upon a reasonable belief that the Borrower or any of its Subsidiaries has breached any covenant or representation with respect to environmental matters or that there has been a material violation of Environmental Laws by the Borrower or one of its Subsidiaries, the Administrative Agent may conduct its own investigation of such matter at any facility or property currently owned, leased, operated or used by the Borrower or one of its Subsidiaries and the Borrower agrees to use their best efforts to obtain permission for the Administrative Agent’s professional consultant to conduct its own investigation of any such matter at any facility or property previously owned, leased, operated or used by the Borrower or one of its Subsidiaries. The Borrower and its Subsidiaries hereby grant to the Administrative Agent, its employees, consultants and contractors, the right to enter into or onto the facilities or properties currently owned, leased, operated or used by the Borrower or its Subsidiaries upon reasonable notice to the Borrower to perform such assessments on such property as are necessary to conduct such a review and/or investigation. Any such investigation of any such facility or property shall be conducted, unless otherwise agreed to by the Borrower and the Administrative Agent, during normal business hours and, to the extent reasonably practicable, shall be conducted so as not to interfere with the ongoing operations at any facility or property or to cause any damage or loss to any facility or property. The Borrower and the Administrative Agent hereby acknowledge and agree that any report of any investigation conducted at the request of the Administrative Agent will be obtained and shall be used by the Administrative Agent and Lender Parties for the purpose of internal credit decisions to monitor and police the Advances and/or protect the Administrative Agent’s and Lender Partie...
Preparation of Environmental Reports. If an Event of Default is continuing relating to Section 5.09 or Section 6.13, or if the Administrative Agent at any time has reason to believe that there exist violations of Environmental Laws by any Loan Party or any of its Subsidiaries or that there exist any Environmental Liabilities or Environmental Claims, in each case which could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect, then the following procedure shall be implemented:
Preparation of Environmental Reports. If an Event of Default caused by reason of a breach under Sections 6.08 or 5.09 with respect to compliance with Environmental Laws shall have occurred and be continuing, at the reasonable request of the Required Lenders through the Administrative Agent, provide to the Lenders within 60 days after such request (or such longer period as may be agreed) information regarding the nature of the breach and the remedial action being taken or proposed to be taken with respect to the Properties which are the subject of the breach.
Preparation of Environmental Reports. In the event that the Administrative Agent or the Required Lenders has reason to believe that (a) there is an Environmental Liability affecting any Real Property that could reasonably be expected to have a Material Adverse Effect, (b) there is any Environmental Action or any Environmental Liability that could reasonably be expected to cause any Real Property to be subject to any restrictions on ownership, occupancy, use or transferability under any Environmental Law, which restriction could reasonably be expected to have a Material Adverse Effect, or (c) there is an Environmental Liability that could reasonably be expected to result in a litigation or a proceeding affecting any Loan Party or Subsidiary that would involve amounts exceeding the Threshold Amount, then, at the request of the Administrative Agent or the Required Lenders, provide to the Lenders within 90 days after such request or such longer period of time as may be reasonably necessary to conduct any assessment as is reasonably determined by the environmental consulting firm conducting such assessment, at the expense of the Borrower, an environmental site assessment report for any of its properties described in such request, prepared by an environmental consulting firm reasonably acceptable to the Administrative Agent, indicating the presence or absence of Hazardous Materials and the estimated cost of any compliance, removal or remedial action in connection with any Hazardous Materials on such properties.
Preparation of Environmental Reports. If a Default or Event of Default caused by reason of a breach of Section 3.16 or 5.08 shall have occurred and be continuing, the Administrative Agent is authorized to engage an environmental consulting firm selected by the Administrative Agent reasonably acceptable to Allied Waste to prepare, on behalf of the Administrative Agent, the Lenders and the Issuing Banks but at the sole cost and expense of the Borrower, an environmental site assessment report for the Properties which are the subject of such default, which environmental site assessment report shall estimate the cost of any compliance or remedial action (if such costs are reasonably ascertainable) and evaluate potentially material Environmental Claims and potentially material Environmental Liabilities in connection with such Properties. Each of Allied Waste and the Borrower will, and will cause each of its Subsidiaries to, cooperate fully with the Administrative Agent and such environmental consulting firms in their preparation of such environmental assessment reports, including (without limitation), permitting any representatives designated by the Administrative Agent or such environmental consulting firms that are informed of the confidentiality provisions set forth in Section 9.12 and agree to be bound by such provisions to visit and inspect the related Properties at reasonable times and as often as reasonably requested and to make extracts from and copies of environmental records of the members of the Allied Group. If requested by the Borrower, the Borrower shall be entitled to have access to the data relating to such environmental assessment reports.
Preparation of Environmental Reports. If the Required Lenders have a reasonable basis to believe, based on information that is publicly available or provided to the Administrative Agent or the Lenders, that a material Environmental Liability has arisen at or in connection with any Mortgaged Property, then at the written request of the Required Lenders, the Borrower shall cause to be prepared an environmental site assessment report for any such Mortgaged Property described in such request, prepared by an environmental consulting firm reasonably acceptable to the Administrative Agent, indicating the presence or absence of Hazardous Materials and the estimated cost of any compliance, removal or remedial action required under any applicable Environmental Law in connection with any Hazardous Materials on such properties.
Preparation of Environmental Reports. Not more often than once per year per Property during the term of this Agreement (or more frequently during the continuance of an Event of Default), at the reasonable request of the Administrative Agent, the Borrowers shall provide to the Lenders within 60 days after such request (or such longer period as may be agreed by the Administrative Agent), at the expense of the Borrowers, an environmental and/or mining site assessment and compliance audit report for any of its Properties described in such request, prepared by an environmental or mining consulting firm reasonably acceptable to the Administrative Agent and the Borrowers describing the presence or absence of Hazardous Materials and information otherwise reasonably requested by the Lenders.
Preparation of Environmental Reports. Promptly upon the occurrence of any of the following conditions, provide to the Administrative Agent a certificate of the chief executive officer thereof, specifying in detail the nature of such condition and the Loan Parties' proposed response or the proposed response of any Environmental Affiliate: (a) any Loan Party's receipt or the receipt by any Environmental Affiliate of any communication whatsoever that alleges, or knowledge by any Loan Party or any Environmental Affiliate, that such Person is not in compliance with any applicable Environmental Law or Environmental Permit, if such noncompliance could reasonably be expected to have a Material Adverse Effect, (b) knowledge by any Loan Party or any Environmental Affiliate that there exists any Environmental Action pending or threatened against any such Person which could reasonably be expected to have a Material Adverse Effect, or (c) any release, emission, discharge or disposal of any material that could form the basis of liability under any Environmental Law for any Loan Party or Environmental Affiliate if such liability could reasonably be expected to have a Material Adverse Effect. Upon the written request by the Administrative Agent, the Loan Parties shall submit to the Administrative Agent at reasonable intervals, a report providing an update of the status of any issue or claim identified in any certificate required pursuant to this Section 5.01(m). For the purposes of this Section 5.01(m), "Environmental Affiliate" shall mean any Person whose liability under Environmental Law any of the Loan Parties may have assumed by contract or operation of law.