Examples of Adverse Environmental Condition in a sentence
Lessor agrees to fully indemnify, protect, defend and hold Lessee, its successors and assigns, harmless from and against any and all claims for damage, loss or liability, including reasonable attorney fees, as a result of any discovery of Hazardous Materials on the Property or other Adverse Environment Condition unless Lessee contributed to the presence of the Hazardous Materials or caused the Adverse Environmental Condition.
If any such "phase I" environmental assessment shall identify any Adverse Environmental Condition or Environmental Claim with respect to such real property, such party shall refrain from entering into such contract or lease, as the case may be, unless such party shall ensure to the satisfaction of the Agent that such further Remedial Action as any Lender may reasonably request is undertaken at the sole expense of such party or a third party.
Buyer shall have the option, in its sole discretion, to notify Seller in writing of any Adverse Environmental Condition it discovers with respect to the Property on or before December 20, 2016 (the “Environmental Claim Date”).
Nothing in this Agreement shall be construed as limiting or impeding the Parent's or any of its Subsidiary's rights or obligations to take any and all actions necessary or desirable to remedy any Adverse Environmental Condition.
If Seller agrees to remedy any specific Material Adverse Environmental Condition or Material Defect in the Property, then all negotiations and contacts with Governmental Agencies for approval and review of such remedial action shall be made by Seller, and Buyer shall make no independent contacts with any of the Governmental Agencies relative to such remedial action.