No Hazardous Materials. To the best of the Borrower’s knowledge, no Hazardous Materials has been or is being generated, stored, released or disposed of on, under or from the Property, except as set forth in the Environmental Report. The presence of any Hazardous Materials on the Property must be disclosed to the County Board in a written environmental report, and the Borrower shall undertake and complete all necessary and appropriate response actions (including without limitation removal, encapsulation and/or remediation) in accordance with all applicable legal requirements in order to achieve a level of no significant risk to human health, public welfare or the environment, prior to the occupancy of any units therein. End of Article VII
Appears in 7 contracts
Samples: Fund Loan Agreement, Loan Agreement, Loan Agreement
No Hazardous Materials. To the best of the Borrower’s knowledge, no Hazardous Materials has been or is being generated, stored, released or disposed of on, under or from the Property, except as set forth in the Environmental Report. The presence of any Hazardous Materials on the Property must be disclosed to the County Board in a written environmental report, and the Borrower shall undertake and complete all necessary and appropriate response actions (including without limitation removal, encapsulation and/or remediation) in accordance with all applicable legal requirements in order to achieve a level of no significant risk to human health, public welfare or the environment, prior to the occupancy of any units therein. End of Article VII
Appears in 2 contracts
Samples: Intercreditor and Subordination Agreement, Intercreditor and Subordination Agreement
No Hazardous Materials. To the best of the Borrower’s knowledge, no Hazardous Materials has been or is being generated, stored, released or disposed of on, under or from the Property, except as set forth in the Environmental ReportReports. The presence of any Hazardous Materials on the Property must be disclosed to the County Board in a written environmental report, and the Borrower shall undertake and complete all necessary and appropriate response actions (including without limitation removal, encapsulation and/or remediation) in accordance with all applicable legal requirements in order to achieve a level of no significant risk to human health, public welfare or the environment, prior to the occupancy of any units therein. End of Article VII
Appears in 1 contract
Samples: Loan Agreement
