Common use of Environmental Laws and Permits Clause in Contracts

Environmental Laws and Permits. Without limiting the representations made in Section 10.10 above, to the best knowledge of each Borrower, there are no circumstances with respect to the Property or operations of any Borrower or any Subsidiary thereof that could reasonably be expected to: (i) form the basis of an Environmental Claim against such Borrower or such Subsidiary which would constitute a violation of Section 11.2(d) hereof, or (ii) cause any Property owned, leased or funded by such Borrower or such Subsidiary to be subject to any material restrictions on ownership, occupancy, use or transferability under any applicable Environmental Law.

Appears in 4 contracts

Samples: Option Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc), Credit and Security Agreement (Peak Resorts Inc)

AutoNDA by SimpleDocs

Environmental Laws and Permits. Without limiting the representations made in Section 10.10 7.9 above, to the best knowledge of each the Borrower, except as disclosed in the Supplemental Schedule, there are no circumstances with respect to the any Property or the operations of any Borrower or any Subsidiary thereof its Subsidiaries that could reasonably be expected toanticipated: (i) to form the basis of an a Environmental Claim against such Borrower or such Subsidiary which would constitute a violation of Section 11.2(d) hereofthe Borrower, its Subsidiaries or (ii) to cause any Property owned, leased or funded by such the Borrower or such Subsidiary any of its Subsidiaries to be subject to any material restrictions on ownership, occupancy, use or transferability under any applicable Environmental Law.

Appears in 1 contract

Samples: Credit and Security Agreement (Curtis Sub Inc)

Environmental Laws and Permits. Without limiting the representations made in Section 10.10 above, to the best knowledge of each Borrowerthe Borrowers, there are no circumstances with respect to the Property or operations of any Borrower or any Subsidiary thereof that could reasonably be expected to: (i) form the basis of an Environmental Claim against such Borrower or such Subsidiary Subsidiaries which would constitute a violation of Section 11.2(d11.2(e) hereof, or (ii) cause any Property owned, leased or funded by such any Borrower or any such Subsidiary Subsidiaries to be subject to any material restrictions on ownership, occupancy, use or transferability under any applicable Environmental Law.

Appears in 1 contract

Samples: Credit and Security Agreement (Hawk Corp)

AutoNDA by SimpleDocs

Environmental Laws and Permits. Without limiting the representations made in Section 10.10 above, to the best knowledge of each Borrowerthe Borrower or the Subsidiary Guarantors, there are no circumstances with respect to the any Property or the operations of any the Borrower or any Subsidiary Subsidiaries thereof that could reasonably be expected to: (i) form the basis of an a material Environmental Claim against such any or all of the Borrower or such Subsidiary which would constitute a violation of Section 11.2(d) hereofany Subsidiaries thereof, or (ii) cause any Property owned, leased or funded by such the Borrower or such Subsidiary any Subsidiaries thereof to be subject to any material restrictions on ownership, occupancy, use or transferability under any applicable Environmental Law.

Appears in 1 contract

Samples: Credit and Security Agreement (Ceres Group Inc)

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