Environmental Problems. If Lessee knows or has reasonable cause to believe that any Hazardous Substance is located or will come to be located on the Premises or Property (an “Environmental Problem”), whether or not caused or permitted by Lessee, Lessee shall immediately notify Lessor. Lessee shall exercise reasonable care to avoid any Lessee Related Environmental Problem (as such term is defined below). Lessee shall give any and all notices of any Lessee Related Environmental Problem required by applicable Environmental Protection Laws, including, without limitation, any notice required by Section 103 of the Comprehensive Environmental Response, Compensation and Liability Act (42 U.S.C. §§ 9601 et seq.) and any notice required by Sections 13271 or 13272 of the California Water Code, as each may be amended from time to time. Lessee shall immediately give Lessor notice of any governmental investigation or any governmental or regulatory action, proceeding, order or decree relating to any Lessee Related Environmental Problem and, at Lessee’s expense, shall timely comply in all respects with any such order or decree, unless Lessor first notifies Lessee that Lessor intends to contest such order or decree. Prior to commencing any corrective or remedial action with respect to any Environmental Problem (except for any such action taken to comply with an order or decree which Lessor has not elected to contest), Lessee shall obtain the consent of Lessor (which shall not be unreasonably withheld or delayed) and each governmental authority exercising jurisdiction with respect to such Environmental Problem.
Environmental Problems. If Servicer hereafter becomes aware that a Property is an Environmental Problem Property, Servicer will notify Owner of the existence of the Environmental Problem Property. Additionally, Servicer shall set forth in such notice a description of such problem, a recommendation to Owner relating to the proposed action regarding the Environmental Problem Property and Servicer shall carry out the recommendation set forth in such notice unless otherwise directed by Owner in writing within five (5) days after Owner’s receipt (or deemed receipt) of such notice in accordance with the terms and provisions of Section 11.03 below. If Servicer has reason to believe that a Property is an Environmental Problem Property (e.g., Servicer obtains a broker’s price opinion which reveals the potential for such problem), Servicer will not accept a deed-in-lieu of foreclosure upon any such Property without first obtaining a preliminary environmental investigation for the Property satisfactory to Owner.
Environmental Problems. Subtenant shall exercise reasonable care to avoid the occurrence of any environmental problem at the Sublease Premises (an “Environmental Problem”). If Subtenant causes, permits or learns of any Environmental Problem, Subtenant shall immediately notify Sublandlord. Subtenant shall give all notices of any Environmental Problem required by applicable Environmental Laws, including, without limitation, any notice required by CERCLA. Subtenant shall immediately give Sublandlord notice of any governmental investigation or any governmental or regulatory action, proceeding, order or decree relating to any Environmental Problem and, at Subtenant’s expense, shall comply in all respects with any such order or decree within the time period allowed thereby for compliance if such Environmental Problem was caused by Subtenant or Subtenant’s Representatives, unless Sublandlord notifies Subtenant that Sublandlord intends to contest such order or decree. Prior to commencing any corrective or remedial action with respect to any Environmental Problem (except for any such action taken to comply with an order or decree which Sublandlord has not elected to contest), Subtenant shall obtain the consent of Sublandlord (which shall not be unreasonably withheld or delayed) and all governmental entities having jurisdiction
Environmental Problems. If Servicer hereafter becomes aware that a Property is an Environmental Problem Property, Servicer will notify Owner of the existence of the Environmental Problem Property. Additionally, Servicer shall set forth in such notice a description of such problem, an estimate of how long the problem has existed (if known to Servicer), a recommendation to Owner relating to the proposed action regarding the Environmental Problem Property, and Servicer shall carry out the recommendation set forth in such notice unless otherwise directed by Owner in writing within five (5) days after Owner's, receipt (or deemed receipt) of such notice in accordance with the terms and provisions of Section 11.3 below. Notwithstanding the foregoing, Servicer shall obtain Owner's written consent to any expenditures proposed to remediate Environmental Problem Properties or to defend any claims associated with Environmental Problem Properties if such expenses, in the aggregate, are expected to exceed $10,000. If Servicer has reason to believe that a Property is an Environmental Problem Property (e.g., Servicer obtains a broker's price opinion which reveals the potential for such problem), Servicer will not accept a deed-in-lieu of foreclosure upon any such Property without first obtaining a preliminary environmental investigation for the Property satisfactory to Owner.
Environmental Problems. If Servicer hereafter becomes aware that a Property is an Environmental Problem Property, Servicer will notify Master Servicer and the NIMS Insurer of the existence of the Environmental Problem Property. Additionally, Servicer shall set forth in such notice a description of such problem, a recommendation to Master Servicer and the NIMS Insurer relating to the proposed action regarding the Environmental Problem Property, and Servicer shall carry out the recommendation set forth in such notice unless otherwise directed by the NIMS Insurer in writing within five (5) days after each of their respective receipt (or deemed receipt) of such notice in accordance with the terms and provisions of Section 11.3
Environmental Problems. If the Servicer hereafter becomes ---------------------- aware that a Mortgaged Property is in violation of any environmental law, rule or regulation (an "Environmental Problem Property"), the Special Servicer will notify the Owner of the existence of the Environmental Problem Property. Additionally, the Special Servicer shall set forth in such notice a description of such problem, a recommendation to the Owner relating to the proposed action regarding the Environmental Problem Property and the Special Servicer shall carry out the recommendation set forth in such notice unless otherwise directed by the Owner in writing within five (5) Business Days after the Owner's receipt of such notice. If the Special Servicer has reason to believe that a Mortgaged Property is in violation of any environmental law, rule or regulation (e.g., the Special Servicer obtains a broker's price opinion which reveals the potential for such problem), the Special Servicer will not accept a deed-in-lieu of foreclosure upon any such Mortgaged Property without first obtaining a preliminary environmental investigation for the Mortgaged Property satisfactory to the Owner.
Environmental Problems. If the Servicer has actual knowledge that a Mortgaged Premises is being or has been used in violation of any environmental Requirements or that there has been a release of hazardous materials in, on, under or from such Mortgaged Premises other than in accordance with such Requirements (an "Environmental Problem Property"), the Servicer will notify Owner of the existence of the Environmental Problem Property. Additionally, the Servicer shall set forth in such notice a description of such problem, a recommendation to Owner relating to the proposed action regarding the Environmental Problem Property and the Servicer shall (i) carry out the recommendation set forth in such notice upon receiving Owner's approval, if any, of such recommendation, or (ii) if failure to act immediately would result in a material adverse effect upon Servicer, Owner and/or the Environmental Problem Property, Servicer may take such actions as may be necessary and/or advisable under Accepted Servicing Practices and/or applicable Requirements after giving Owner notice in accordance with the terms and provisions of Section 10.9 hereof. If Owner fails or refuses to respond to any such recommendation as set forth in the immediately preceding sentence, the Servicer shall have no liability to Owner therefor provided that the Servicer acts in a manner consistent with such sentence.
Environmental Problems. The Borrower or any of its Subsidiaries shall (a) be the subject of any proceeding or investigation pertaining to the release by the Borrower, any of its Subsidiaries or any other Person of any toxic or hazardous waste or substance into the environment, or (b) violate any Environmental Law, which, in the case of an event described in clause (a) or clause (b), could reasonably be expected to have a Material Adverse Effect.
Environmental Problems. LESSOR and its successors and assigns shall indemnify and hold harmless LESSEE, its equity holders, managers, directors, officers, employees, agents, representatives and their respective heirs, executors, administrators and personal representatives, successors and assigns, against and with respect to any and all damages, claims, losses, fines, penalties, liabilities, costs and expenses (including, without limitation, reasonable legal costs and expenses and investigation and remediation costs and expenses), which are incurred by LESSEE, or which are asserted against or imposed upon LESSEE, by any other party (including without limitation any governmental entity), arising out of or connected with any Environmental Condition (as hereinafter defined) in existence as of the Commencement Date. LESSEE and its successors and assigns, shall indemnify and hold harmless LESSOR, its equity holders, managers, directors, officers, affiliates, their respective heirs, executors, administrators and personal representatives, successors and assigns, against and with respect to any and all damages, claims, losses, fines, penalties, liabilities, costs and expenses (including, without limitation, reasonable legal costs and expenses and investigation and remediation costs and expenses), which are incurred by LESSOR, or which are asserted against or imposed upon LESSOR, by any third party (including, without limitation, any governmental entity), arising out of or connected with (i) any Environmental Condition or health and safety condition caused by LESSEE’s negligence, willful misconduct, or otherwise in any way attributable to LESSEE’s use or occupancy of the Leased Premises; or (ii) the failure by LESSEE to comply with environmental, industrial hygiene, or health and safety laws.
Environmental Problems. Are you aware of any substances, materials, or products that may be an environmental hazard such as, but not limited to, asbestos, radon gas, formaldehyde, lead-based paint, fuel, or chemical storage tanks and contaminated soil on the property. unknown yes no If yes, please explain:
