Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 27 contracts
Samples: Credit Agreement (American Capital Strategies LTD), Credit Agreement (Outback Steakhouse Inc), Credit Agreement (American Capital Strategies LTD)
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 9 contracts
Samples: Credit Agreement (Source Co), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)
Environmental Release. The Borrower agrees that upon the occurrence of an a material Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 7 contracts
Samples: Credit Agreement (Atlantic American Corp), Credit Agreement (Atlantic American Corp), Credit Agreement (Airborne Freight Corp /De/)
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Aggregate Real Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 3 contracts
Samples: Credit and Security Agreement (Thomas & Betts Corp), Credit and Security Agreement (Thomaston Mills Inc), Credit and Security Agreement (Thomaston Mills Inc)
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminatewith respect to, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Valspar Corp), 364 Day Revolving Credit Agreement (Valspar Corp), Credit Agreement (Valspar Corp)
Environmental Release. The Borrower and each Guarantor agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority, except where any Environmental Release does not have and would not reasonably be expected to cause a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Amli Residential Properties Trust), Credit Agreement (Amli Residential Properties Trust), Credit Agreement (Amli Residential Properties Trust)
Environmental Release. The Borrower agrees that upon the occurrence of an a non-permitted Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 2 contracts
Samples: Credit Agreement (Springs Industries Inc), Term Loan Credit Agreement (Springs Industries Inc)
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority; provided the foregoing shall not require the Borrower to take any action not required by applicable law unless such action would be reasonably prudent to avoid liability to third parties other than any Environmental Authority.
Appears in 2 contracts
Samples: Credit Agreement (Trion Inc), Credit Agreement (Trion Inc)
Environmental Release. The Each Borrower agrees that upon the occurrence of an any material Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take commence and pursue appropriate remedial action to eliminate, to the extent required by applicable law, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 2 contracts
Samples: Credit Agreement (National Service Industries Inc), Credit Agreement (National Service Industries Inc)
Environmental Release. The Borrower agrees Borrowers agree that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 2 contracts
Samples: Credit Agreement (Southern Electronics Corp), Credit Agreement (Sed International Holdings Inc)
Environmental Release. The Borrower agrees Borrowers agree that upon the occurrence of an Environmental Release at or on any of the Properties it they will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at at, under or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.)
Environmental Release. The Borrower agrees that upon the ---------------------- occurrence of an Environmental Release at or on any of the Properties real property owned or leased by Borrower or any Subsidiary it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminateeliminate the effects of, such Environmental Release, whether or not ordered or otherwise directed to do so by Release in accordance with any and all Environmental AuthorityRequirements.
Appears in 1 contract
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by Release in accordance with any and all Environmental AuthorityRequirements.
Appears in 1 contract
Samples: Credit Agreement (First Citizens Bancorporation of South Carolina Inc)
Environmental Release. The Borrower agrees that that, upon the occurrence of an Environmental Release at at, on or on from any of the Properties Properties, it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not to the extent ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.. <PAGE>
Appears in 1 contract
Samples: Credit Agreement (Meredith Corp)
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action with respect to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Releaseaction, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Samples: Credit Agreement (Scana Corp)
Environmental Release. The Each Borrower and each Guarantor agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority, except where any Environmental Release does not have and would not reasonably be expected to cause a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Amli Residential Properties Trust)
Environmental Release. The Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to the extent necessary to satisfy any Environmental Requirements or the demand of any Environmental Authority, take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Environmental Release. The Borrower agrees that upon --------------------- the occurrence of an Environmental Release at or on any of the Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Environmental Release. The Each Borrower agrees that upon the occurrence of an Environmental Release at or on any of the Aggregate Real Properties it will act immediately to investigate the extent of, and to take appropriate remedial action to eliminate, such Environmental Release, whether or not ordered or otherwise directed to do so by any Environmental Authority.
Appears in 1 contract
Samples: Credit Agreement (Crown Crafts Inc)