Common use of Threat of Release Clause in Contracts

Threat of Release. A substantial likelihood of a Release which requires, pursuant to Environmental Law, action to prevent or mitigate damage to the environment which may result from such Release.

Appears in 3 contracts

Samples: Term Loan Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)

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Threat of Release. A a substantial likelihood of a Release which requires, pursuant to Environmental Law, that requires action to prevent or mitigate damage to the environment which may Environment that might result from such Release.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Washington Group International Inc), Asset Purchase Agreement (Curtiss Wright Corp)

Threat of Release. A substantial likelihood of a Release which requires, pursuant to Environmental Law, requires action to prevent or mitigate damage to the environment which may result from such Release.

Appears in 1 contract

Samples: Master Lease Agreement (Toys R Us Property Co I, LLC)

Threat of Release. A substantial likelihood of a Release which requires, pursuant to Environmental Law, that may require action in order to prevent or mitigate damage to the environment which Environment that may result from such Release.

Appears in 1 contract

Samples: Stock Purchase Agreement (Peak Resorts Inc)

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Threat of Release. A An imminent and substantial likelihood of a Release which requires, pursuant to Environmental Law, requires action to prevent or mitigate damage to the environment which may result from such Release.

Appears in 1 contract

Samples: Credit Agreement (NVR Inc)

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