Examples of Material Environmental Amount in a sentence
Each such Acceptable Environmental Report shall identify no environmental condition reasonably likely to result in a Material Environmental Amount.
To the Borrower’s knowledge, Hazardous Substances have not been transported or disposed of from the Premises, or generated, treated, stored or disposed of by or on behalf of any Obligor or any Subsidiary at, on or under the Premises or any other location in violation of any applicable Environmental Law, except insofar as any such violation referred to in this paragraph, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental Amount.
To the Borrower’s knowledge, the Premises do not contain, and have not previously contained, any Hazardous Substances at, on or under the Premises in amounts or concentrations that constitute or constituted a violation of any applicable Environmental Laws except insofar as the presence of any Hazardous Substances is not reasonably likely to result in the payment of a Material Environmental Amount.
Each such Phase I ESA, or Phase II ESA as appropriate, shall identify no environmental condition reasonably likely to result in a Material Environmental Amount.
No Obligor nor any Subsidiary has knowingly assumed any liability of any Person under any applicable Environmental Law, except liability that is not reasonably likely to result in the payment of a Material Environmental Amount.