Common use of Environmental Conditions Clause in Contracts

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions against or of any noncompliances by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy or use, or any restriction on ownership or transferability, under any Environmental Law.

Appears in 6 contracts

Samples: Credit Agreement (Colfax CORP), Credit Agreement (Colfax CORP), Credit Agreement (Colfax CORP)

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Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that could reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Central Tractor Farm & Country Inc), Credit Agreement (Quality Stores Inc), Credit Agreement (Central Tractor Farm & Country Inc)

Environmental Conditions. Promptly As soon as practicable after the assertion or occurrence receipt thereof, written notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any applicable Environmental Law or Environmental Permit that, individually or in the aggregate, could (i) that would reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any of its real property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that would reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Senior Secured Term Facility Credit Agreement (Chemtura CORP), Senior Secured Revolving Facility Credit Agreement (Chemtura CORP), Senior Secured Term Facility Credit Agreement (Chemtura CORP)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could (i) that would reasonably be expected to have (i) result in a Material Adverse Effect material loss or liability or (ii) cause any real property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 4 contracts

Samples: Revolving Credit and Guaranty Agreement (Dana Holding Corp), Revolving Credit and Guaranty Agreement (Dana Holding Corp), Term Facility Credit and Guaranty Agreement (Dana Holding Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could (i) that would reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any of its real property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that would reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Senior Secured Debtor in Possession Credit Agreement (Chemtura CORP), Senior Secured Debtor in Possession Credit Agreement, Senior Secured Debtor in Possession Credit Agreement (Chemtura CORP)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the First Lien Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 3 contracts

Samples: Special Letter of Credit Facility Agreement (Dynegy Inc /Il/), First Lien Letter of Credit Facility Agreement (Dynegy Inc /Il/), First Lien Credit Agreement (Dynegy Inc /Il/)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party the Borrower or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 3 contracts

Samples: Common Terms Agreement (Allegheny Energy Supply Co LLC), Credit Agreement (Boca Resorts Inc), Credit Agreement (Wright Bilt Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law, except for ordinary course operational limitations imposed by any applicable Environmental Permit.

Appears in 2 contracts

Samples: Term Loan Agreement (Open Solutions Inc), Credit Agreement (Open Solutions Inc)

Environmental Conditions. Promptly As soon as reasonably practicable after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect result in material cost, obligation or liability or (ii) cause any property described in the Mortgages owned or occupied by any Loan Party or any of its Subsidiaries to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: First Lien Credit Agreement (U S Energy Systems Inc), Second Lien Credit Agreement (U S Energy Systems Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances condition or occurrence on any property of any Loan Party or any of its Subsidiaries that results in a material noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could be reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages Mortgage to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: Credit Agreement (Mediq Inc), Credit Agreement (Mediq Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in owned by the Mortgages Company or its Subsidiaries to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: Credit Agreement (International Rectifier Corp /De/), Credit Agreement (International Rectifier Corp /De/)

Environmental Conditions. Promptly after the assertion or ------------------------ occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: Senior Secured Priming Debtor in Possession Credit Agreement (Amf Bowling Worldwide Inc), Credit Agreement (Telespectrum Worldwide Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any real property described in the Mortgages owned or leased by any Loan Party or any of its Subsidiaries to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: Credit Agreement (Ipc Information Systems Inc), Credit Agreement (Ipc Communications Inc /De/)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: Credit Agreement (Afa Products Inc), Credit Agreement (Med E America Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could (i) that would reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any real property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Secured Debtor in Possession Credit Agreement (Dana Corp), Senior Secured Debtor in Possession Credit Agreement (Dana Corp)

Environmental Conditions. Promptly As soon as practicable after the assertion or occurrence receipt thereof, written notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Restricted Subsidiaries with any applicable Environmental Law or Environmental Permit that, individually or in the aggregate, could (i) that would reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any of its real property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Senior Secured Revolving Facilities Credit Agreement (Chemtura CORP), Senior Secured Term Facility Credit Agreement (Chemtura CORP)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that would interfere with the use of such property for its current purposes.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Ntelos Holdings Corp), Credit Agreement (Ntelos Holdings Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) be reasonably be expected likely to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 2 contracts

Samples: Credit Agreement (Triple Crown Media, Inc.), Credit Agreement (Triple Crown Media, Inc.)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any real property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.Law that could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (World Color Press Inc.), Term Facility Credit Agreement (World Color Press Inc.)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that would (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw (other than restrictions generally applicable to the Borrower’s industry).

Appears in 2 contracts

Samples: Second Lien Credit Agreement (US Power Generating CO), First Lien Credit Agreement (US Power Generating CO)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Second Lien Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Dynegy Inc /Il/)

Environmental Conditions. Promptly after the occurrence (of which Holdings or any of its Subsidiaries had knowledge of, or should have had knowledge of) or assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Alpharma Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law, except to the extent that such restriction could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (North Atlantic Energy Corp /Nh)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance known to the Borrower by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Second Lien Mortgages to be subject to any material restrictions on occupancy or use, or any restriction on ownership or transferability, or subject to any material Lien, under any Environmental Law.

Appears in 1 contract

Samples: Second Lien Credit and Guaranty Agreement (US Power Generating CO)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that would (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material and adverse restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (NCO Teleservices, Inc.)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (International Rectifier Corp /De/)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in any mortgages securing the Mortgages loans and obligations hereunder to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Americhoice Corp)

Environmental Conditions. Promptly after the assertion or ------------------------ occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any real property described in the Mortgages owned or leased by any Loan Party or any of its Subsidiaries to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Ipc Information Systems Inc)

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Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance known to the Borrower by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the First Lien Mortgages to be subject to any material restrictions on occupancy or use, or any restriction on ownership or transferability, or subject to any material Lien, under any Environmental Law.

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (US Power Generating CO)

Environmental Conditions. Promptly after the assertion or occurrence ------------------------ thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could reasonably be expected to have a Material Adverse Effect with respect to the Borrower and its Subsidiaries, taken as a whole, or any Lender Party or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (PHP Healthcare Corp)

Environmental Conditions. Promptly after the assertion or ------------------------ occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that would interfere in the use of such property for its current purposes.

Appears in 1 contract

Samples: Credit Agreement (CFW Communications Co)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances receipt of notice from any governmental authority alleging noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Servico Market Center Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance known to the Borrower by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect (or to materially impair or interfere with the operations of any Project Company) or (ii) cause any property described in the First Lien Mortgages to be subject to any material restrictions on occupancy or use, or any restriction on ownership or transferability, or subject to any material Lien, under any Environmental Law.

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Talen Energy Supply, LLC)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that would interfere in the use of such property for its current purposes.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Ntelos Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw excluding, for the avoidance of doubt, compliance obligations and restrictions imposed in the ordinary course under Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement (Hexacomb CORP)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Ceradyne Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Desa Holdings Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action asserted in writing against any Loan Party or any of its Restricted Subsidiaries or of any noncompliances noncompliance by any Loan Party or any of its Restricted Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

Environmental Conditions. Promptly after the assertion or ------------------------ occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances condition or occurrence on any property of any Loan Party or any of its Subsidiaries that results in a material noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could be reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Iron Age Holdings Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, could that (i) could reasonably be expected to have a Material Adverse Effect with respect to the Borrower and its Subsidiaries, taken as a whole, or any Lender Party or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (PHP Healthcare Corp)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action asserted in writing against any Loan Party or any of its Restricted Subsidiaries or of any noncompliances noncompliance by any Loan Party or any of its Restricted Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) so long as a Security Period shall be in effect, cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Kansas City Southern)

Environmental Conditions. Promptly after the assertion or of occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Headwaters Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Party the Borrower or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to have a Material Adverse Effect or (ii) cause any property described in of the Mortgages Borrower Properties to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Credit Agreement (Boca Resorts Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances non-compliance by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any property described in the Mortgages Eligible Real Property to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental LawLaw that could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Debtor in Possession Credit Agreement (Worldcom Inc)

Environmental Conditions. Promptly after the assertion or occurrence thereof, notice of any written Environmental Actions Action against or of any noncompliances noncompliance by any Loan Note Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that, individually or in the aggregate, that could (i) be reasonably be expected likely to have a Material Adverse Effect or (ii) cause any property described in the Mortgages to be subject to any material restrictions on occupancy ownership, occupancy, use or use, or any restriction on ownership or transferability, transferability under any Environmental Law.

Appears in 1 contract

Samples: Second Lien Senior Secured Note Agreement (Triple Crown Media, Inc.)

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