Common use of ENVIRONMENTAL WAIVER Clause in Contracts

ENVIRONMENTAL WAIVER. Borrower waives and releases Lender from -------------------- any rights or defenses Borrower may have against Lender under common law or Environmental Laws for liability arising from or resulting from the presence, Use or Release of Hazardous Substances except to the extent directly caused by the gross negligence, fraud or willful misconduct of Lender.

Appears in 3 contracts

Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)

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ENVIRONMENTAL WAIVER. Borrower waives and releases Lender from -------------------- any rights or defenses Borrower may have against Lender under common law or Environmental Laws for liability arising from or resulting from the presence, Use or Release of Hazardous Substances except to the extent directly caused by the gross negligence, fraud or willful misconduct of Lender.

Appears in 1 contract

Samples: Loan Agreement (Brookdale Living Communities Inc)

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