Common use of Environmental Condition of Property Clause in Contracts

Environmental Condition of Property. The property or any part thereof owned, operated or controlled by the Borrower: (i) is not, to the knowledge of the Borrower, the subject of any outstanding claim, charge or order from an administrative body alleging violation of environmental laws or, if subject to any such claim, charge or order, the Borrower is taking or causing to be taken, with respect to its subsidiaries all such remedial, corrective or other action required under the claim, charge or order or is diligently and in good faith contesting or causing its subsidiaries to contest the validity thereof; and (ii) complies, with respect to each of its use and operation, in all material respects with environmental laws and with the terms and conditions of all permits, licenses and other authorizations which are required to be obtained by each of them under applicable environmental laws.

Environmental Condition of Property. The property or any part thereof owned, operated or controlled by the Borrower, either directly or through a Material Subsidiary: (i) is not, to the knowledge of the Borrower, the subject of any outstanding claim, charge or order from an administrative body Administrative Body alleging violation of environmental laws Environmental Law or, if subject to any such claim, charge or order, the Borrower Borrower, either directly or through a Material Subsidiary, is taking or causing to be taken, with respect to its subsidiaries all such remedial, corrective or other action required under the claim, charge or order or is diligently and in good faith contesting or causing its subsidiaries to contest the validity thereof; and (ii) complies, with respect to each of its use and operation, in all material respects with environmental laws Environmental Law and with the terms and conditions of all permits, licenses and other authorizations which are required to be obtained by each of them under applicable environmental lawsEnvironmental Law.

Environmental Condition of Property. The property or any part thereof owned, operated or controlled by the Borrower:, either directly or through a Subsidiary:‌ (i) is not, to the knowledge of the Borrower, the subject of any outstanding claim, charge or order from an administrative body Administrative Body alleging violation of environmental laws Environmental Law or, if subject to any such claim, charge or order, the Borrower Borrower, either directly or through a Subsidiary, is taking or causing to be taken, with respect to its subsidiaries all such remedial, corrective or other action required under the claim, charge or order or is diligently and in good faith contesting or causing its subsidiaries to contest the validity thereof; and (ii) complies, with respect to each of its use and operation, in all material respects with environmental laws Environmental Law and with the terms and conditions of all permits, licenses and other authorizations which are required to be obtained by each of them under applicable environmental lawsEnvironmental Law.

Environmental Condition of Property. The property or any part thereof owned, operated or controlled by the Borrower, either directly or through a Subsidiary: (i) is not, to the knowledge of the Borrower, the subject of any outstanding claim, charge or order from an administrative body Administrative Body alleging violation of environmental laws Environmental Law or, if subject to any such claim, charge or order, the Borrower Borrower, either directly or through a Subsidiary, is taking or causing to be taken, with respect to its subsidiaries all such remedial, corrective or other action required under the claim, charge or order or is diligently and in good faith contesting or causing its subsidiaries to contest the validity thereof; and (ii) complies, with respect to each of its use and operation, in all material respects with environmental laws Environmental Law and with the terms and conditions of all permits, licenses and other authorizations which are required to be obtained by each of them under applicable environmental lawsEnvironmental Law.