Common use of Environmental Events Clause in Contracts

Environmental Events. The Borrower will promptly give notice to the Administrative Agent (a) of any violation of any Environmental Laws that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could reasonably be expected to materially adversely affect the assets, liabilities, financial condition or operations of the Borrower and its Material Subsidiaries, taken as a whole. §6.15.

Appears in 2 contracts

Samples: Revolving Credit Agreement (United States Cellular Corp), Revolving Credit Agreement (United States Cellular Corp)

AutoNDA by SimpleDocs

Environmental Events. The Borrower will promptly give notice to the Administrative Agent (a) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or of any federal, state or local environmental agency or board, that could reasonably be expected has the potential to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and or any of its Material Subsidiaries, taken as a whole. §6.15.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ionics Inc), Revolving Credit Agreement (Answerthink Inc)

Environmental Events. The Borrower will promptly give notice to the Administrative Agent (a) of any violation of any Environmental Laws Law or release of a Hazardous Substance that the Borrower or any of its Subsidiaries reports in writing or which is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could might reasonably be expected to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and its Material Subsidiaries, taken as Subsidiaries on a whole. §6.15consolidated basis.

Appears in 2 contracts

Samples: Credit Agreement (Allbritton Communications Co), Revolving Credit Agreement (Allbritton Communications Co)

Environmental Events. The Borrower will promptly give ---------------------- notice to the Administrative Agent (a) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could might reasonably be expected to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and its Material Subsidiaries, taken as Subsidiaries on a whole. §6.15consolidated basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (United States Cellular Corp)

Environmental Events. The Borrower will promptly give notice -------------------- to the Administrative Agent Bank (ai) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (bii) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could reasonably be expected has the potential to materially adversely affect the assets, liabilities, financial condition condition, operations or operations prospects of the Borrower and its Material Subsidiaries, taken as a whole. §6.15Borrower.

Appears in 1 contract

Samples: Loan Agreement (Copley Pharmaceutical Inc)

Environmental Events. The Borrower will promptly give -------------------- notice to the Administrative Agent and each of the Banks (ai) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (bii) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or of any federal, state or local environmental agency or board, that could reasonably be expected has the potential to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and or any of its Material Subsidiaries, taken as a whole. §6.15.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Mapics Inc)

Environmental Events. The Borrower will promptly give notice to the Administrative Agent (ai) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (bii) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or of any federal, state or local environmental agency or board, that could is reasonably be expected to materially adversely adverse affect the assets, liabilities, financial condition conditions or operations of the Borrower and its Material Subsidiaries, Subsidiaries taken as a whole. §6.15, or the Administrative Agent's security interests pursuant to the Security Documents.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Bangor Hydro Electric Co)

Environmental Events. The Borrower will promptly give notice to the Administrative Agent (a) of any violation of any Environmental Laws that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could reasonably be expected to materially adversely affect the assets, liabilities, financial condition or operations of the Borrower and its Material Subsidiaries, Subsidiaries taken as a whole. §6.15.

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

AutoNDA by SimpleDocs

Environmental Events. The Borrower will promptly give notice -------------------- to the Administrative Agent and each of the Banks (ai) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (bii) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or of any federal, state or local environmental agency or board, that could reasonably be expected has the potential to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and or any of its Material Subsidiaries, taken as a whole. §6.15.

Appears in 1 contract

Samples: Revolving Credit (Mapics Inc)

Environmental Events. The Borrower Borrowers will promptly give notice to the Administrative Agent Banks (a) of any violation of any Environmental Laws Law that any of the Borrower Borrowers or any of its their Subsidiaries reports report in writing or is are reportable by such Person Persons in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could reasonably be expected has the potential to materially adversely affect the assets, liabilities, financial condition conditions or operations of any of the Borrower Borrowers individually or the Borrowers and its Material Subsidiaries, taken as their Subsidiaries on a whole. §6.15consolidated basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Au Bon Pain Co Inc)

Environmental Events. The Borrower will promptly give notice ------------- ------ to the Administrative Agent (a) of any violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or any federal, state or local environmental agency or board, that could might reasonably be expected to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and its Material Subsidiaries, taken as Subsidiaries on a whole. §6.15consolidated basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Telephone & Data Systems Inc /De/)

Environmental Events. The Borrower will promptly give notice to the Administrative Agent and each of the Banks (ai) of any material violation of any Environmental Laws Law that the Borrower or any of its Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency, agency and (bii) upon becoming aware thereof, of any inquiry, proceeding, investigation investigation, or other action, including a notice from any agency of potential environmental liability, or of any federal, state or local environmental agency or board, that could reasonably be expected has the potential to materially adversely affect the assets, liabilities, financial condition conditions or operations of the Borrower and or any of its Material Subsidiaries, taken as a whole. §6.15.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hvide Marine Inc)

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