Common use of Environmental Costs Clause in Contracts

Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall pay directly to any third party (or at Lessor's election, reimburse Lessor) for the cost of any environmental testing and/or remediation work undertaken respecting any Property, as such testing or work is deemed appropriate in the reasonable judgment of Lessor. Lessee shall pay all amounts referenced in the immediately preceding sentence within ten (10) days of any request by Lessor for such payment. The provisions of this Section 17.7 shall not limit the obligations of Lessee under any Operative Agreement regarding indemnification obligations, environmental testing, remediation and/or work.

Appears in 8 contracts

Samples: Lease Agreement (Sterile Recoveries Inc), Lease Agreement (Province Healthcare Co), Lease Agreement (Dollar Tree Stores Inc)

AutoNDA by SimpleDocs

Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall pay directly to any third party (or at Lessor's election, reimburse Lessor) for the cost of any environmental testing and/or remediation work undertaken respecting any Property, as such testing or work is deemed appropriate necessary in the reasonable judgment of Lessor. Lessee shall pay all amounts referenced in the immediately preceding sentence within ten (10) days Business Days of any request by Lessor for such payment. The provisions of this Section 17.7 shall not limit the obligations of Lessee under any Operative Agreement regarding indemnification obligations, environmental testing, remediation and/or work.

Appears in 1 contract

Samples: Lease Agreement (Guilford Pharmaceuticals Inc)

Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall pay directly to any third party (or at Lessor's ’s election, reimburse Lessor) for the cost of any environmental testing and/or investigation, response, corrective action or remediation work undertaken respecting required under any PropertyEnvironmental Law, as such testing or work is deemed appropriate in the reasonable judgment of Lessorand shall indemnify and hold harmless Lessor and each other Indemnified Person therefrom. Lessee shall pay all amounts referenced in the immediately preceding sentence within ten (10) days Business Days of any written request by Lessor for such payment. The provisions of this Section 17.7 shall not limit the obligations of Lessee under any Operative Agreement regarding indemnification obligations, environmental testing, remediation and/or work.

Appears in 1 contract

Samples: Real Property Lease Agreement (Nvidia Corp)

Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall pay directly to any third party (or at Lessor's election, reimburse Lessor) for the cost of any environmental testing and/or remediation work undertaken respecting any the Property, as such testing or work is deemed appropriate in the reasonable judgment of Lessor. Lessee shall pay all amounts referenced in the immediately preceding sentence within ten five (105) days Business Days of Lessee's receipt of any written request by Lessor for such payment. The provisions of this Section 17.7 shall not limit the obligations of Lessee under any Operative Agreement regarding indemnification obligations, environmental testing, remediation and/or work.

Appears in 1 contract

Samples: Lease Agreement (Capital One Financial Corp)

AutoNDA by SimpleDocs

Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall pay directly to any third party (or at Lessor's ’s election, reimburse Lessor) for the cost of any environmental testing and/or investigation, response, corrective action or remediation work undertaken respecting required under any PropertyEnvironmental Law, as such testing or work is deemed appropriate in the reasonable judgment of Lessorand shall indemnify and hold harmless Lessor and each other Indemnified Person therefrom. Lessee shall pay all amounts referenced in the immediately preceding sentence within ten (10) days of any request by Lessor for such payment. The provisions of this Section 17.7 shall not limit the obligations of Lessee under any Operative Agreement regarding indemnification obligations, environmental testing, remediation and/or work.

Appears in 1 contract

Samples: Real Property Lease Agreement (Big Lots Inc)

Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, ------------ Lessee shall pay directly to any third party (or at Lessor's election, reimburse Lessor) for the cost of any environmental testing and/or remediation work undertaken respecting any Property, as such testing or work is deemed appropriate in the reasonable judgment of LessorLessor and the Majority Secured Parties. Lessee shall pay all amounts referenced in the immediately preceding sentence within ten (10) 10 days of any request by Lessor for such payment. The provisions of this Section 17.7 shall not limit the obligations of Lessee under ------------ any Operative Agreement regarding indemnification obligations, environmental testing, remediation and/or work.

Appears in 1 contract

Samples: Lease Agreement (Smart & Final Inc/De)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!