Common use of Environmental Events Clause in Contracts

Environmental Events. The Borrower will promptly give notice -------------------- to the Agent and each of the Banks (a) of any violation of any Environmental 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 and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, that has the potential to have a Material Adverse Effect.

Appears in 4 contracts

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

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Environmental Events. The Borrower Borrowers will promptly give notice -------------------- to the Administrative Agent and each of the Banks (a) of any violation of any Environmental Law that the Borrower Borrowers or any of its their 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 federalGovernmental Authority where such violation could reasonably be expected to have a Material Adverse Effect, state or local environmental agency and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a written notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, Governmental Authority that has the potential could reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Revolving Credit Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Revolving Credit Agreement (McCormick & Schmick Holdings, L.L.C.)

Environmental Events. The Borrower will promptly give notice -------------------- to the Agent and each of the Banks (a) of any violation of any Environmental Law that the such 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, of any federal, state or local environmental agency or board, that has the potential to have a Material Adverse EffectEffect on the Company and its Subsidiaries, or the Agent's security interests pursuant to the Security Documents.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Holmes Products Corp), Revolving Credit and Term Loan Agreement (Holmes Group Inc)

Environmental Events. The Such Borrower will promptly give notice -------------------- to the Administrative Agent and each of the Banks Lenders (a) of any violation of any Environmental Law that the such 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 federalGovernmental Authority, state or local environmental agency and (b) upon becoming aware thereof, of any environmental claim, inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federalGovernmental Authority that results in, state or local environmental agency or boardcould reasonably be expected to have, that has the potential to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Lionbridge Technologies Inc /De/), Credit Agreement (Lionbridge Technologies Inc /De/)

Environmental Events. The Borrower will promptly give notice -------------------- to the Agent and each of the Banks Lender (a) of any violation of any Environmental 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 federalGovernmental Authority, 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, of any federalGovernmental Authority, state or local environmental agency or board, in each of the foregoing cases (a) and (b) that has the potential could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Kronos Inc)

Environmental Events. The Borrower will promptly give notice -------------------- to the Administrative Agent (and the Administrative Agent shall promptly provide copies to each of the Banks Lender) (a) of any violation of any Environmental Law that the Borrower Borrower, CAI or any of its respective 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 Governmental Authority and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, Governmental Authority that has the potential to could have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (CAI International, Inc.)

Environmental Events. The Borrower Borrowers will promptly give notice -------------------- to the Agent and each of the Banks Lenders (a) of any violation of any Environmental Law that the Borrower Borrowers or any of its their 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 Governmental Authority and (b) upon any Designated Borrower Officer becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, Governmental Authority that has the potential to could reasonably have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Fao Inc)

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Environmental Events. The Borrower will promptly give notice -------------------- to the Administrative Agent and each of the Banks Lenders (a) of any violation of any Environmental Law that could reasonably be expected to result in a Material Adverse Effect 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 Governmental Authority and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, Governmental Authority that has the potential could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)

Environmental Events. The Borrower Each of the Borrowers will promptly give notice -------------------- to the Administrative Agent and each of the Banks Lenders (a) of any violation of any Environmental Law that any of the Borrower Borrowers or any of its their 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 Governmental Authority and (b) upon becoming aware thereof, of any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, Governmental Authority that has the potential to could have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Furrs Restaurant Group Inc)

Environmental Events. The Such Borrower will promptly give notice -------------------- to the Administrative Agent and each of the Banks Lenders (a) of any violation of any Environmental Law that the Borrower CAI 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 Governmental Authority required under any Law or local environmental agency permit and (b) upon becoming aware thereofthereof or upon receipt of written notice, of any inquiry, proceeding, investigation, or other action, including a notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, Governmental Authority that has the potential to could have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (CAI International, Inc.)

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