No Hazardous Substances. Borrower shall use its best efforts to prohibit the presence of Hazardous Substances in, on, above or under the Property, except those that are either (i) Hazardous Substances of such types and in such quantities as are customarily used or stored or generated for offsite disposal or otherwise present in or at properties of the relevant property type, and in compliance with all Environmental Laws and with permits issued pursuant thereto, or (ii) fully disclosed to Indemnitee in writing and approved by Indemnitee.
Appears in 2 contracts
Samples: Environmental Indemnity Agreement (NNN 2003 Value Fund LLC), Environmental Indemnity Agreement (NNN 2003 Value Fund LLC)
No Hazardous Substances. Borrower shall use its best efforts to prohibit the presence of Hazardous Substances in, on, above or under the Property, except those that are either (i) Hazardous Substances of such types and in such quantities as are customarily used or stored or generated for offsite disposal or otherwise present in or at properties of the relevant property type, and in compliance with all Environmental Laws and with permits issued pursuant thereto, or (ii) fully disclosed to Indemnitee Lender in writing and approved by IndemniteeLender.
Appears in 1 contract
Samples: Deed of Trust, Security Agreement and Fixture Filing (NNN 2003 Value Fund LLC)
No Hazardous Substances. Borrower shall use its best efforts to prohibit the presence of not permit any Hazardous Substances in, on, above or under the Property, except those that are either (i) Hazardous Substances of such types and in such quantities as are customarily used or stored or generated for offsite disposal or otherwise present in or at properties of the relevant property type, and in compliance with all Environmental Laws and with any required permits issued pursuant thereto, or (ii) fully disclosed to Indemnitee Agent in writing and approved in advance by IndemniteeAgent.
Appears in 1 contract
Samples: Environmental Indemnity Agreement (Bluerock Residential Growth REIT, Inc.)
No Hazardous Substances. Borrower shall use its best efforts to prohibit the presence of not permit any Hazardous Substances in, on, above or under the Property, except those that are either (i) Hazardous Substances of such types and in such quantities as are arc customarily used or stored or generated for offsite disposal or otherwise present in or at properties of the relevant property type, and in compliance with all Environmental Laws and with any required permits issued pursuant thereto, or (ii) fully disclosed to Indemnitee Agent in writing and approved in advance by IndemniteeAgent.
Appears in 1 contract
Samples: Environmental Indemnity Agreement (Bluerock Residential Growth REIT, Inc.)
