Hazardous Materials Event definition
Examples of Hazardous Materials Event in a sentence
The provisions of this Lease, including this Article 14, constitute an express agreement between Landlord and Tenant with respect to the occurrence of any Casualty to the Premises and/or Building or a Hazardous Material Event and Tenant therefore fully waives the provisions of any statute or regulation, including, without limitation, Sections 1932(2) and 1933(4) of the California Civil Code, with respect to any rights or obligations concerning a Casualty or a Hazardous Materials Event.
Notwithstanding any other provision of this Lease, in the event of a Hazardous Materials Event, Landlord shall not be obligated to remedy or otherwise repair the Premises and shall not be liable to Tenant for any such Hazardous Materials Event; provided, however, that Landlord's obligations set forth in Section 7.4.2 above and with respect to a Hazardous Materials Loss as set forth in Section 7.4.3 above shall not be affected by this provision.
There has been no Hazardous Materials Event, except where any such Hazardous Materials Event would not, individually or in the aggregate, be reasonably expected to have an Ainge Material Adverse Effect.
In the event of a termination pursuant to any provisions of this Article, Tenant shall pay Rent, properly apportioned up to the date of the Casualty or Hazardous Materials Event, and both parties shall thereafter be freed and discharged of all future obligations hereunder, except for any provisions of this Lease which by their terms survive the expiration or earlier termination of the Lease Term.
In the event the Premises are affected by a Hazardous Materials Event, Landlord shall, within thirty (30) days after the date of the Hazardous Materials Event, provide written notice to Tenant indicating the anticipated time period as to when Tenant may be able to use the Premises and whether or not Landlord elects to undertake to repair the Premises (the "Hazardous Materials Event Notice").
In addition to a Casualty, in the event a sudden release of, discharge of, or exposure to Hazardous Materials poses a significant risk to the health and safety of persons within the Premises ("Hazardous Materials Event"), Tenant may be unable to use the Premises.
There has been no Release, handling, generation, use, storage, transportation, of, or exposure to, any Hazardous Materials (“Hazardous Materials Event”), except where any such Hazardous Materials Event would not, individually or in the aggregate, be reasonably expected to have a Newco Material Adverse Effect.