Common use of Environmental Remediation Clause in Contracts

Environmental Remediation. Each Asset Entity agrees to commence, within thirty (30) days (or such shorter period as may be required by law) after written demand by the Indenture Trustee (acting solely at the written direction of the Majority of Noteholders) or the Servicer (solely after a Responsible Officer of the Servicer receives written notice from any other party to the Transaction Documents or from any Noteholder that any Remedial Work with respect to any Fiber Network is required by applicable environmental law) and diligently prosecute to completion such Remedial Work (it being understood that such Asset Entity is not obligated to perform any such Remedial Work that a Site Owner or a Customer is contractually obligated to perform). If an Asset Entity fails to timely commence and diligently pursue to completion any such Remedial Work with respect to any Specially Serviced Fiber Network, the Servicer may (but will not be obligated to), upon 30 days prior notice to the Issuer of its intention to do so, cause such Remedial Work to be performed. The Obligors agree to pay and reimburse the Servicer as Additional Securitization Expenses for all expenses reasonably incurred by the Servicer in connection with (a) monitoring, reviewing or performing such Remedial Work, (b) investigating potential environmental claims against the Asset Entities or (c) participating in any legal or administrative proceeding against the Asset Entities or their assets under applicable environmental law. In connection with any Remedial Work with respect to any Fiber Network that is projected to cost in excess of $1,000,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractors.

Environmental Remediation. Each Asset Entity agrees to comply in all material respects with all applicable Environmental Laws. Without limiting the generality of the foregoing, each Asset Entity agrees to commence, within thirty (30) 30 days (or such shorter period as may be required by law) after written demand by the Indenture Trustee (acting solely at the written direction of the Majority of Noteholders) or the Servicer (solely after a Responsible Officer of the Servicer receives written notice from any other party to the Transaction Documents or from any Noteholder that any Remedial Work with respect to any Fiber Network is required by applicable environmental law) and diligently prosecute to completion such any Remedial Work of any kind required by it under applicable Environmental Laws (it being understood that such Asset Entity is not obligated to perform any such Remedial Work that a Site Owner or a Customer Tenant is contractually obligated to perform). If an Asset Entity fails to timely commence promptly and diligently pursue to completion any such Remedial Work with respect to any Specially Serviced Fiber NetworkWork, the Servicer may (but will not be obligated to), upon 30 days prior written notice to the Issuer of its intention to do so, cause such Remedial Work to be performed. If requested by the Servicer in connection with any Remedial Work with respect to any Cellular Site that is projected to cost in excess of $500,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractors and under the supervision of a consulting engineer, each approved in advance by the Servicer, such approval to not be unreasonably withheld. The Obligors agree to pay and or reimburse the Servicer as Additional Securitization Expenses for all expenses reasonably incurred by the Servicer in connection with (a) monitoring, reviewing or performing such Remedial Work, (b) investigating potential environmental claims against the Asset Entities or (c) participating in any legal or administrative proceeding against the Asset Entities or their assets under on behalf of an Obligor concerning any applicable environmental law. In connection with any Remedial Work with respect to any Fiber Network that is projected to cost in excess of $1,000,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractorsEnvironmental Law.

Environmental Remediation. Each Asset Entity agrees to commence, commence within thirty (30) days (or such shorter period as may be required by law) after written demand by the Indenture Trustee (acting solely at the written direction of the Majority of Noteholders) or the Servicer (solely after a Responsible Officer of the Servicer receives received written notice from any other party to of the Transaction Documents or from any Noteholder that any requirement for such Remedial Work with respect to any Fiber Network is required by applicable environmental lawWork) and diligently prosecute to completion such any Remedial Work to the extent required under applicable Environmental Laws (it being understood that such Asset Entity is not obligated to perform any such Remedial Work that a Site Owner or a Customer is contractually obligated to perform). If an Asset Entity fails to timely promptly commence and diligently pursue to completion any such Remedial Work with respect to any Specially Serviced Fiber Network, the Servicer may (but will not be obligated to), upon 30 thirty (30) days prior notice to the Issuer of its intention to do so, cause such Remedial Work to be performed. In connection with any such Remedial Work with respect to any Network that is projected to cost in excess of $1,000,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractors. The Obligors agree to pay and reimburse the Servicer as Additional Securitization Expenses for all expenses reasonably incurred by the Servicer in connection with (a) monitoring, reviewing or performing such Remedial Work, (b) investigating potential environmental claims against the Asset Entities or (c) participating in any legal or administrative proceeding against the Asset Entities or their assets under concerning any applicable environmental law. In connection with any Remedial Work with respect to any Fiber Network that is projected to cost in excess of $1,000,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractorsEnvironmental Law.

Environmental Remediation. Each The Issuer Entity shall cause the Asset Entity agrees Entities to, to commence, commence within thirty (30) days (after reasonable written demand by the Indenture Trustee or the Servicer, or such shorter period as may be required by law) after written demand by the Indenture Trustee (acting solely at the written direction of the Majority of Noteholders) or the Servicer (solely after a Responsible Officer of the Servicer receives written notice from any other party to the Transaction Documents or from any Noteholder that any Remedial Work with respect to any Fiber Network is required by applicable environmental law) , and diligently prosecute to completion such any Remedial Work (it being understood that such Asset Entity is not obligated to perform because of or in connection with any such Remedial Work that presence or release of any Hazardous Materials on, under or from a Site Owner or a Customer is contractually obligated to perform)Tower Site. If an the Asset Entity fails Entities fail to timely promptly commence and diligently pursue to completion any such Remedial Work with respect to any Specially Serviced Fiber NetworkWork, the Servicer may (may, but will not be obligated to), upon 30 thirty (30) days prior notice to the Issuer Asset Entities of its intention to do soperform such Remedial Work, cause such Remedial Work to be performed. At the Servicer’s request, all Remedial Work projected to cost in excess of $500,000 will be required to be performed by licensed contractors and under the supervision of a consulting engineer, each approved in advance by the Servicer, which approval shall not be unreasonably withheld. The Obligors agree to pay and reimburse the Servicer as Additional Securitization Expenses for Issuer Entity shall cause all expenses reasonably incurred by the Servicer in connection with (a) monitoring, reviewing or performing such Remedial Work, (b) investigating potential environmental claims against the Asset Entities or (c) participating in any legal or administrative proceeding against the Asset Entities concerning any applicable Environmental Law to be paid or their assets under applicable environmental law. In connection with any Remedial Work with respect to any Fiber Network that is projected to cost in excess of $1,000,000, reimbursed by the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractors.Entity. ARTICLE VIII SINGLE-PURPOSE, BANKRUPTCY-REMOTE REPRESENTATIONS, WARRANTIES AND COVENANTS

Environmental Remediation. Each Asset Entity agrees to comply with all applicable Environmental Laws, except where such noncompliance would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. Without limiting the generality of the foregoing, each Asset Entity agrees to commence, within thirty (30) days (or such shorter period as may be required by law) after written demand by the Indenture Trustee (acting solely at the written direction of the Majority of Noteholders) or the Servicer (solely after a Responsible Officer of the Servicer receives written notice from any other party to the Transaction Documents or from any Noteholder that any Remedial Work with respect to any Fiber Network is required by applicable environmental law) and diligently prosecute to completion such any Remedial Work to the extent required by it under applicable Environmental Laws (it being understood that such Asset Entity is not obligated to perform any such Remedial Work that a Site Owner Owner, a Tenant or a Customer third party is contractually or legally obligated to perform). If an Asset Entity fails to timely commence and diligently pursue to completion any such Remedial Work with respect to any Specially Serviced Fiber NetworkWork, the Servicer may (but will not be obligated to), upon 30 thirty (30) days prior written notice to the Issuer of its intention to do so, cause such Remedial Work to be performedperformed to the extent required under Environmental Laws. If requested by the Servicer in connection with any Remedial Work required under this Section 7.32 with respect to any Tenant Site Asset that is projected to cost in excess of $500,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractors, approved in advance by the Servicer, such approval to not be unreasonably withheld. The Obligors agree to pay and or reimburse the Servicer as Additional Securitization Expenses for all expenses reasonably incurred by the Servicer in connection with (a) monitoring, reviewing or performing such Remedial Work, (b) investigating potential environmental claims against the Asset Entities or (c) participating in any legal or administrative proceeding against the Asset Entities or their assets under on behalf of an Obligor concerning any applicable environmental law. In connection with any Remedial Work with respect to any Fiber Network that is projected to cost in excess of $1,000,000, the applicable Asset Entity agrees to cause such Remedial Work to be performed by licensed contractorsEnvironmental Law.