Examples of Environmental Proceeding in a sentence
The Insurance Policy is extended to pay to or on behalf of an Insured Person all Loss resulting from an Environmental Proceeding up to the additional limit in Item 9 of the Insurance Policy, which shall apply in addition to, and not part of the Limit of Liability.The additional limit shall not apply to a reinstated Limit of Liability under Extension 2.1.
To the best of the Borrower's knowledge, no circumstances exist that could reasonably be expected to (i) form the basis of an Environmental Proceeding against the Borrower or any Subsidiary, or any property thereof, that could reasonably be expected to have a Material Adverse Effect or (ii) cause any such property to be subject to any material restriction on ownership, occupancy, use or transferability under any Environmental Law.
No action, suit, litigation, investigation or proceeding, including, without limitation, any Environmental Proceeding, of or before any arbitrator or Governmental Authority is pending or, to the knowledge of the Company, threatened, by or against the Company or any of its Subsidiaries or against any of their respective properties or revenues that could reasonably be expected to have a Material Adverse Effect.
Except as set forth on Schedule 3.21 hereof, the Company is not a party to, nor has the Company received written notice or otherwise learned of any Environmental Proceeding against it, and the Company is not subject to any threatened or actual Environmental Liability.
There is no Environmental Proceeding pending or to the knowledge of Seller, threatened against Seller or with respect to the Assets.