Common use of Environmental Notices Clause in Contracts

Environmental Notices. As soon as possible and in any event within 10 days after a Senior Executive of a Loan Party receives written notice of any condition, event or claim where any Loan Party could reasonably be expected to incur or be subject to any Environmental Liability, that would reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Horton D R Inc /De/), 364 Day Credit Agreement (Horton D R Inc /De/)

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Environmental Notices. As soon as possible and in any event within 10 days after a Senior Executive of a Loan Party receives written the same, a copy of (a) any notice of any condition, event or claim where to the effect that any Loan Party could reasonably is or may be expected to incur or be subject liable to any Environmental LiabilityPerson as a result of the Release by any Loan Party or any other Person of any Regulated Substances, that would and (b) any notice alleging any violation of any Environmental, Law by any Loan Party, that, in either case, could reasonably be expected to have a Material Adverse Effect.

Appears in 6 contracts

Samples: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)

Environmental Notices. As soon as possible and in any event within 10 days after a Senior Executive of a Loan Party receives written the same, a copy of (a) any notice of any condition, event or claim where to the effect that any Loan Party could reasonably is or may be expected to incur or be subject liable to any Environmental LiabilityPerson as a result of the release by any Loan Party or any other Person of any toxic or hazardous waste or substance into the environment, that would and (b) any notice alleging any violation of any federal, state or local environmental, health or safety law or regulation by any Loan Party, that, in either case, could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)

Environmental Notices. As soon as possible and in any event within 10 days after a Senior Executive of a Loan Party receives written the same, a copy of (a) any notice of any condition, event or claim where to the effect that any Loan Party is or may be liable to any Person as a result of the Release by any Loan Party or any other Person of any Regulated Substances that could reasonably be expected to incur or be subject to have a Material Adverse Effect, and (b) any notice alleging any violation of any Environmental Liability, Law by any Loan Party that would could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Toll Brothers, Inc.), Credit Agreement (Toll Brothers, Inc.), Credit Agreement (Toll Brothers, Inc.)

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Environmental Notices. As soon as possible and in any event within 10 days after a Senior Executive of a Loan Party receives written the same, a copy of (a) any notice of any condition, event or claim where to the effect that any Loan Party is or may be liable to any Person as a result of the Release by any Loan Party or any other Person of any Regulated Substances that could reasonably be expected to incur or be subject to have a Material Adverse Effect, and (b) any Environmental Liabilitynotice alleging any violation of any Environmental, that would Law by any Loan Party, that, in either case, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Toll Brothers Inc)

Environmental Notices. As soon as possible and in any event within 10 days after a Senior Executive of a Loan Party receives written the same, a copy of (a) any notice of any condition, event or claim where to the effect that any Loan Party is or may be liable to any Person as a result of the Release by any Loan Party or any other Person of any Regulated Substances that could reasonably be expected to incur or be subject to have a Material Adverse Effect, and (b) any notice alleging any violation of any Environmental LiabilityLaw by any Loan Party that, that would could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Toll Brothers, Inc.)

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