Common use of Indemnitors’ Obligation to Deliver Property Clause in Contracts

Indemnitors’ Obligation to Deliver Property. The Indemnitor agrees that, in the event the Administrative Agent assumes the Lease, the Indemnitor shall, subject to the terms of the Lease, deliver the Property to the Administrative Agent free of any and all Hazardous Substances, (except for (a) those Hazardous Substances which are used or present in the ordinary course of the Indemnitors’ business in compliance with all Environmental Laws and have not been released into the environment in such a manner as to constitute Contamination hereunder, and (b) those Hazardous Substances which are naturally occurring on the Property, but only in such naturally occurring form and only in such quantities that are known not to be harmful, hazardous or injurious to the health or safety of occupants or users of the Property) or Contamination in a condition such that the Property conforms in all material respects with all Environmental Laws and such that no remedial or removal action or other Corrective Work will be required with respect to the Property. The Indemnitors’ obligations as set forth in this Section are strictly for the benefit of the Administrative Agent and the other Lenders as holders of any portion of the Loan and shall not in any way impair or affect the Administrative Agent’s right to assume the Lease.

Indemnitors’ Obligation to Deliver Property. The Indemnitor agrees that, in the event the Administrative Agent assumes Mortgage is foreclosed (whether judicially or by power of sale) or the LeaseIndemnitor tenders a deed in lieu of foreclosure, the Indemnitor shall, subject to the terms of the Lease, shall deliver the Property to the Administrative Agent Lender free of any and all Hazardous Regulated Substances, (except for (a) those Hazardous Regulated Substances which are used or present in the ordinary course of the Indemnitors’ Indemnitor’s business in compliance with all Environmental Laws Laws, or are listed on Schedule I hereto and have not been released into the environment in such a manner as to constitute Contamination hereunder, and (b) those Hazardous Regulated Substances which are naturally occurring on the Property, but only in such naturally occurring form and only in such quantities that are known not to be harmful, hazardous or injurious to the health or safety of occupants or users of the Propertyform) or Contamination in a condition such that the Property conforms in all material respects with all Environmental Laws and such that no remedial or removal action or other Corrective Work will be required with respect to the Property. The Indemnitors’ Indemnitor’s obligations as set forth in this Section are strictly for the benefit of the Administrative Agent Lender and any successors and assigns of the other Lenders Lender as holders holder of any portion of the Loan and shall not in any way impair or affect the Administrative AgentLender’s right to assume foreclose against the LeaseProperty.

Indemnitors’ Obligation to Deliver Property. The Indemnitor agrees that, in the event the Administrative Agent assumes the LeaseSecurity Instrument is foreclosed (whether judicially or by power of sale) or Indemnitor tenders a deed in lieu of foreclosure, the Indemnitor shall, subject to the terms of the Lease, shall deliver the Property to the Administrative Agent Lender free of any and all Hazardous SubstancesMaterials, (except for (a) those Hazardous Substances Materials which are used or present in the ordinary course of the Indemnitors’ Indemnitor’s business in compliance with all Environmental Laws Law, are listed on Schedule I hereto and have not been released into the environment in such a manner as to constitute Contamination hereunder, Release hereunder and (b) those Hazardous Substances Materials which are naturally occurring on the Property, but only in such naturally occurring form and only in such quantities that are known not to be harmful, hazardous or injurious to the health or safety of occupants or users of the Property) or Contamination Release in a condition such that the Property conforms in all material respects with all Environmental Laws Law and such that no remedial or removal action or other Corrective Work will be required with respect to the Property. The Indemnitors’ Indemnitor’s obligations as set forth in this Section 13 are strictly for the benefit of the Administrative Agent Lender and the other Lenders any successors and assigns of Lender as holders holder of any portion of the Loan and shall not in any way impair or affect the Administrative AgentLender’s right to assume foreclose against the LeaseProperty.

Indemnitors’ Obligation to Deliver Property. The Indemnitor agrees that, in the event the Administrative Agent assumes the LeaseSecurity Instrument is foreclosed (whether judicially or by power of sale) or Indemnitor tenders a deed in lieu of foreclosure, the Indemnitor shall, subject to the terms of the Lease, shall deliver the Property to the Administrative Agent Lender free of any and all Hazardous SubstancesMaterials, (except for (a) those Hazardous Substances Materials which are used or present in the ordinary course of the Indemnitors’ Indemnitor's business in compliance with all Environmental Laws Law, are listed on Schedule I hereto and have not been released into the environment in such a manner as to constitute Contamination hereunder, Release hereunder and (b) those Hazardous Substances Materials which are naturally occurring on the Property, but only in such naturally occurring form and only in such quantities that are known not to be harmful, hazardous or injurious to the health or safety of occupants or users of the Property) or Contamination Release in a condition such that the Property conforms in all material respects with all Environmental Laws Law and such that no remedial or removal action or other Corrective Work will be required with respect to the Property. The Indemnitors’ Indemnitor's obligations as set forth in this Section 13 are strictly for the benefit of the Administrative Agent Lender and the other Lenders any successors and assigns of Lender as holders holder of any portion of the Loan and shall not in any way impair or affect the Administrative Agent’s Lender's right to assume foreclose against the LeaseProperty.