Common use of Environmental Quality Clause in Contracts

Environmental Quality. (a) Except as specifically disclosed in Schedule 4.1.15, the on-going operations of each Borrower, FSI and each of FSI's Subsidiaries comply in all material respects with all Environmental Laws, except such non-compliance which would not (if enforced in accordance with applicable law) result in liability in excess of $250,000 in the aggregate.

Appears in 7 contracts

Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund V), Warehousing Credit Agreement (Professional Lease Management Income Fund I LLC), Warehousing Credit Agreement (PLM Equipment Growth Fund V)

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Environmental Quality. (a) Except as specifically disclosed in Schedule 4.1.154.1.15 , the on-going operations of each Borrower, FSI and each of FSI's ’s Subsidiaries comply in all material respects with all Environmental Laws, except such non-compliance which would not (if enforced in accordance with applicable law) result in liability in excess of $250,000 in the aggregate.

Appears in 3 contracts

Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (PLM Equipment Growth & Income Fund Vii), Warehousing Credit Agreement (PLM Equipment Growth Fund V)

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Environmental Quality. (a) Except as specifically disclosed in Schedule 4.1.154.15, the on-going operations of each Borrower, FSI and each of FSI's Subsidiaries Subsidiaries, comply in all material respects with all Environmental Laws, except such non-compliance which would not (if enforced in accordance with applicable law) result in liability in excess of $250,000 in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (PLM Equipment Growth Fund Vi)

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