Common use of PREVIOUS USES Clause in Contracts

PREVIOUS USES. Each Borrower or its environmental advisors has made diligent inquiry into previous uses and ownership of the Real Property of such Borrower, and based upon such inquiry has no knowledge of any Hazardous Substance disposed of or released on or to the Real Property of such Borrower. To the best of each Borrower's knowledge, no Borrower, Guarantor or their environmental advisors has any knowledge of any Hazardous Substance disposed of or released on or to the Real Property.

Appears in 1 contract

Sources: Secured Loan Agreement (Hilite Industries Inc)

PREVIOUS USES. Each The Borrower or its environmental advisors has made diligent inquiry into previous uses and ownership of the Real Property of such BorrowerMortgaged Property, and based upon such inquiry has no knowledge of any Hazardous Substance disposed of or released on or to the Real Property of such Borrower. To the best of each Borrower's knowledge, no Borrower, Guarantor or their environmental advisors has any knowledge of any Hazardous Substance disposed of or released on or to the Real Mortgaged Property.

Appears in 1 contract

Sources: Loan Agreement (Plymouth Commercial Mortgage Fund)