Environmental Issue means any material environmental issue with respect to any Rental Property, as determined by Lender in its good faith discretion, including the violation of any federal, state, foreign or local statute, law, rule, regulation, ordinance, code, guideline, written policy and rule of common law now or hereafter in effect and in each case as amended, and any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree or judgment, relating to the environment, employee health and safety or hazardous substances, materials or other pollutants, including the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), 42 U.S.C. § 9601 et seq.; the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act (“RCRA”), 42 U.S.C. § 6901 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. § 1251 et seq.; the Toxic Substances Control Act, 15 U.S.C. § 2601 et seq.; the Clean Air Act, 42 U.S.C. § 7401 et seq.; the Safe Drinking Water Act, 42 U.S.C. § 3803 et seq.; the Oil Pollution Act of 1990, 33 U.S.C. § 2701 et seq.; the Emergency Planning and the Community Right-to-Know Act of 1986, 42 U.S.C. § 11001 et seq.; the Hazardous Material Transportation Act, 49 U.S.C. § 1801 et seq. and the Occupational Safety and Health Act, 29 U.S.C. § 651 et seq.; and any state and local or foreign analogues, counterparts or equivalents, in each case as amended from time to time.
Environmental Issue means any material environmental issue with respect to any Mortgaged Property, as determined by Buyer in its good faith discretion, including without limitation, the violation of any Environmental Laws.
Environmental Issue means any material environmental issue with respect to any Mortgaged Property, as determined by the Buyer in its good faith discretion, including without limitation, the violation of any federal, state, foreign or local statute, law, rule, regulation, ordinance, code, guideline, written policy and rule of common law now or hereafter in effect and in each case as amended, and any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree or judgment, relating to the environment, employee health and safety or hazardous substances, materials or other pollutants, including, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), 42 U.S.C. § 9601 et seq.; the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act (“RCRA”), 42 U.S.C. § 6901 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. § 1251 et seq.; the Toxic Substances Control Act, 15 U.S.C. § 2601 et seq.; the Clean Air Act, 42 U.S.C. § 7401 et seq.; the Safe Drinking Water Act, 42 U.S.C. § 3803 et seq.; the Oil Pollution Act of 1990, 33 U.S.C. § 2701 et seq.; the Emergency Planning and the Community Right-to-Know Act of 1986, 42 U.S.C. § 11001 et seq.; the Hazardous Material Transportation Act, 49 U.S.C. § 1801 et seq. and the Occupational Safety and Health Act, 29 U.S.C. § 651 et seq.; and any state and local or foreign analogues, counterparts or equivalents, in each case as amended from time to time.
Examples of Environmental Issue in a sentence
Environmental Issue Discussion Item VI-1:The main forms of available energy supply are electricity, natural gas, and oil.
Would the project: Environmental Issue Discussion Item VIII-1, 2:Greenhouse gas (GHG) emissions of primary concern from land use projects include carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O).
Environmental Issue Discussion Item VIII-1, 2:Greenhouse gas (GHG) emissions of primary concern from land use projects include carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O).
Environmental Issue to be Addressed in Environmental Impact Review C.
Environmental Issue : No environmental impact assessment has been carried out.
More Definitions of Environmental Issue
Environmental Issue means, with respect to a Financed Property, any potential or existing Environmental Liability relating to such Financed Property that is identified in any environmental reports obtained by any Borrower as requiring further remediation or investigation, including, without limitation, any potential Environmental Liability of which any Borrower or any Borrower’s environmental consultant becomes aware other than items that are de minimis in nature (as determined by the Administrative Agent in its sole discretion).
Environmental Issue means any material environmental issue with respect to any Mortgaged Property or Contributed Asset, as determined by the Buyer in its good faith discretion, including without limitation, the violation of any federal, state, foreign or local statute, law, rule, regulation, ordinance, code, guideline, written policy and rule of common law now or hereafter in effect and in each case as amended, and any judicial or administrative interpretation thereof, including any judicial or administrative order, consent decree or judgment, relating to the environment, employee health and safety or hazardous substances, materials or other pollutants, including, without limitation, the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), 42 U.S.C. § 9601 et seq.; the Solid Waste Disposal Act, as amended by the Resource Conservation and Recovery Act (“RCRA”), 42 U.S.C. § 6901 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. § 1251 et seq.; the Toxic Substances Control Act, 15 U.S.C. § 2601 et seq.; the Clean Air Act, 42 U.S.C. § 7401 et seq.; the Safe Drinking Water Act, 42 U.S.C. § 3803 et seq.; the Oil Pollution Act of 1990, 33 U.S.C. § 2701 et seq.; the Emergency Planning and the Community Right-to-Know Act of 1986, 42 U.S.C. § 11001 et seq.; the Hazardous Material Transportation Act, 49 U.S.C. § 1801 et seq. and the Occupational Safety and Health Act, 29 U.S.C. § 651 et seq.; and any state and local or foreign analogues, counterparts or equivalents, in each case as amended from time to time.
Environmental Issue means an issue discovered by Purchaser’s investigation as provided for in subsection (d) below which constitutes a material violation of applicable environmental law that materially impacts the value of the Real Property or the use thereof as a Banking Center, or any material condition at or under the Real Property that would reasonably be expected to give rise to a material liability under applicable environmental law including, without limitation, clean-up and remediation obligations.
Environmental Issue means an issue discovered by Purchaser's investigation which constitutes a material violation of applicable environmental law which materially impacts the Real Property or the use thereof as a banking center, or any condition in, on or under the Real Property that would reasonably be expected to trigger any required notice, investigation, remedial obligation or material liability under applicable environmental law. If Purchaser objects to any “Environmental Issue,” Seller and Purchaser shall address such Environmental Issue as set forth in subsection (d) below. As used herein, the term “Environmental Issue” shall mean an issue discovered by Purchaser’s investigation as provided for in subsection (d) below which constitutes a material violation of applicable environmental law that materially impacts the value of the Real Property or the use thereof as a Banking Center, or any material condition at or under the Real Property that would reasonably be expected to give rise to a material liability under applicable environmental law including, without limitation, clean-up and remediation obligations.
Environmental Issue means an issue discovered by Purchaser’s investigation as provided for in subsection (d) below which constitutes a material violation of applicable environmental law that materially affects the value of either Leasehold Estate or the use of the Real Property as a Banking Center, or any material condition at or under the Real Property that would reasonably be expected to give rise to a material liability under applicable environmental law including, without limitation, clean-up and remediation obligations. Seller shall provide to Purchaser no later than 10 days after the date of this Agreement all documents in the possession of Seller or its agents (including, without limitation, all environmental consultants) pertaining to the environmental condition of the Real Property.
Environmental Issue means a physical condition discovered by Purchaser’s investigation during the Inspection Period that constitutes a material violation of applicable environmental law that materially affects the value of the Real Property or the use of the Real Property as a Banking Center, or any material condition at or under the Real Property that would reasonably be expected to give rise to a material liability under applicable environmental law including, without limitation, clean-up and remediation obligations. All physical and environmental investigations of the Property shall be conducted during regular business hours by qualified inspectors, consultants or employees of Purchaser or its affiliates following not less than two business days notice to Seller. Prior to entry upon the Property, Purchaser shall confirm to Seller the existence of general liability insurance in coverage amounts reasonably acceptable to Seller. No physical disturbance of the Property, ground water monitoring, installation of any test well or other investigation that requires a permit or license from, or the reporting of the investigation or the results thereof to, a local or state environmental regulatory authority or the United States Environmental Protection Agency shall occur without the prior written consent of Seller. Purchaser covenants to repair any portion of the Property disturbed in the course of its physical and environmental investigations to its condition immediately prior to that disturbance. Purchaser shall report to Seller the results of investigations made during the Inspection Period, together with its objections to any Environmental Issue or Inspection Issue, if any, no later than the expiration of the Due Diligence Period;. If Purchaser's Phase I environmental site assessment, if any, recommends that groundwater be sampled, test xxxxx be installed or that any other investigation that requires a permit license or report be undertaken and Seller does not consent to allow the recommended work to be conducted at Purchaser’s sole liability and expense within ten (10) days after written request therefor, Purchaser may terminate this Agreement. Purchaser promptly shall provide Seller with copies of any and all written reports in connection with its environmental or physical investigations, at no cost to Seller, upon Seller’s request. Except as otherwise required by applicable law or regulation, Purchaser agrees not to report the results of its environmental or physical investiga...
Environmental Issue means and refer to (1) any recognized environmental condition on or within the Property (excluding asbestos and mold at low toxicity levels), (2) the reasonable possibility of the presence of hazardous substances on the Property of or at a significant or material level, (3) the reasonable possibility of the presence of underground storage tanks within the Property, or (4) the Phase I environmental assessment report obtained by Purchaser recommends a Phase II be done at the Property, and Seller does not permit the performance of such Phase II at the Property; or