Violation of Environmental Laws. There is no pending action or proceeding directly involving any Mortgaged Property of which the Company is aware in which compliance with any environmental law, rule or regulation is an issue; and to the best of the Company's knowledge, nothing further remains to be done to satisfy in full all requirements of each such law, rule or regulation constituting a prerequisite to use and enjoyment of said property;
Violation of Environmental Laws. In the reasonable opinion of the Banks there shall not exist any uncorrected violation by the Company or any Subsidiary of an Environmental Law or any condition which requires, or may require, a cleanup, removal or other remedial action by the Company or any Subsidiary under any Environmental Laws costing $2,500,000 or more in the aggregate.
Violation of Environmental Laws. During the term of this Agreement, Company will not cause or permit any Hazardous Material to be used, generated, manufactured, produced, stored, brought upon, or released on, under or about the Premises, or transported to and from the Premises, by Company, its Sublessees and Tenants, or their respective agents, employees, contractors, invitees or a third party in violation of the Environmental Laws.
Violation of Environmental Laws. Immediately after receipt of any notice or assertion of an Environmental Claim by or against Borrower which could reasonably be expected to have a Material Adverse Effect or any investigation by a Person or Governmental Authority with respect thereto.
Violation of Environmental Laws. During the Term of this Lease, Lessee will not cause or permit any Hazardous Material to be used, generated, manufactured, produced, stored, brought upon, or released on, under or about the Premises, or transported to and from the Premises, by Lessee, its Sublessees and Tenants, or their respective agents, employees, contractors, or invitees in violation of the Environmental Laws.
Violation of Environmental Laws. AIRLINE will not cause or permit any Hazardous Material to be used, generated, manufactured, produced, stored, brought upon, or released on, under or about the Airport, or transported to and from the Premises, by AIRLINE, its employees, invitees, officers, agents, representatives, contractors, subcontractors, suppliers, sublessees and/or other representatives of AIRLINE in violation of applicable Environmental Laws, or Rules and Regulations and Operating Directives, as defined in this Agreement.
Violation of Environmental Laws. Buyer shall notify Seller in writing on or before October 30, 1997, of any environmental matters disclosed by its inspection that Buyer reasonably believes in good faith constitutes a Violation of Environmental Laws (as hereinafter defined) including with such notice, a detailed description of the specific matter that is an alleged Violation of Environmental Laws. For purposes of this Agreement, the term "Environmental Laws" shall mean all federal, state or local laws, statutes, ordinances, rules and regulations of any governmental authority pertaining to protection of the environment in effect as of the Effective Time and as interpreted by court decisions or administrative orders as of the Effective Time in the jurisdiction in which such Interest is located and as enforced by the applicable authorities. For purposes of this Agreement, the term "Violation of Environmental Laws" shall mean the material violation of or failure to meet specific objective requirements or standards regarding the physical condition of the Wellx xxx well sites (as opposed to reports, plans or other matters that may be required by Environmental Laws) that are clearly applicable to such Interests under applicable Environmental Laws where such requirements or standards are in effect as of the Effective Time, and the term does not include good or desirable operating practices or standards that may be employed or adopted by other oil or gas well operators or recommended by a governmental authority. Seller has heretofore provided to Buyer copies of two environmental reports prepared for Buyer's predecessor in connection with the predecessor's acquisition of certain of the Interests (the "Environmental Reports"). All matters referred to in the Environmental Reports are hereby expressly agreed not to constitute Violations of Environmental Laws under this Agreement.
Violation of Environmental Laws. If in the opinion of the Lender there exists any uncorrected violation by the Company of an Environmental Law or any condition which requires, or may require, a cleanup, removal or other remedial action by the Company under any Environmental Laws.
Violation of Environmental Laws. Neither Core FL, Horizons 5, Core SC nor any of the Core FL Subsidiaries has received any notice from federal, state or local authorities with respect to a violation of any environmental law, rule, regulation or ordinance relating to the land currently mortgaged to PSLA and/or THH, or to be mortgaged to PSLA pursuant to the terms of this Agreement, or any portion thereof. Seller has no notice of any pending action against Seller under any environmental law, rule, regulation or ordinance, except as set forth on attached Schedule 8.11.
Violation of Environmental Laws. To Seller's knowledge, Seller has not received any notice that the Property is in violation of any Environmental Laws. The term "Environmental Laws" means the Resource Conservation and Recovery Act, the Comprehensive Environmental Response Compensation and Liability Act and equivalent state laws.
