Common use of Environmental Incidents Clause in Contracts

Environmental Incidents. An Environmental Incident occurs which gives rise, or may give rise, to an Environmental Claim which could, in the reasonable opinion of the Majority Lenders be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement (Hoegh LNG Partners LP)

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Environmental Incidents. An there is an Environmental Incident occurs which gives rise, or may be likely to give rise, to an Environmental Claim Claims which could, in the reasonable opinion of the Majority Lenders would reasonably be expected to have a Material Adverse Effect.; or

Appears in 4 contracts

Samples: Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.), Loan Agreement (Teekay LNG Partners L.P.)

Environmental Incidents. An an Environmental Incident occurs which gives rise, or may give rise, to an Environmental Claim which could, in the reasonable opinion of the Majority Lenders Agent be expected to have a Material Adverse Effect.; or

Appears in 2 contracts

Samples: Facility Agreement (EuroDry Ltd.), Facility Agreement (Euroseas Ltd.)

Environmental Incidents. An an Environmental Incident occurs which gives rise, or may give rise, to an Environmental Claim which could, in the reasonable opinion of the Majority Lenders Lender be expected to have lead to a Material Adverse Effect.Change; or

Appears in 2 contracts

Samples: Facility Agreement for a Term Loan (Box Ships Inc.), Facility Agreement for a Term Loan (StealthGas Inc.)

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Environmental Incidents. An an Environmental Incident occurs which gives rise, or may give rise, to an Environmental Claim which could, in the reasonable opinion of the Majority Lenders Lender be expected to have lead to a Material Adverse Effect.Change; or

Appears in 2 contracts

Samples: Facility Agreement (StealthGas Inc.), Facility Agreement for a Term Loan (StealthGas Inc.)

Environmental Incidents. An an Environmental Incident occurs which gives rise, or may give rise, to an Environmental Claim which could, in the reasonable opinion of the Majority Lenders Agent be expected to have a Material Adverse Effect.have

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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