Common use of Notices Regarding Hazardous Substances Clause in Contracts

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreement, the Borrower will promptly notify the Bank if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable law, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any law, regulation or ordinance pertaining to any hazardous substance.

Appears in 2 contracts

Samples: Business Loan Agreement (Fresh America Corp), Fresh America Corp

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Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreementloan, the Borrower will promptly notify the Bank if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any law, regulation or ordinance pertaining to any hazardous substance.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (QC Holdings, Inc.)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this AgreementLoan, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company the Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any current or future law, regulation or ordinance pertaining to any hazardous substance.

Appears in 2 contracts

Samples: Estate Loan Agreement (Diversified Restaurant Holdings, Inc.), Loan Agreement (KVH Industries Inc \De\)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this AgreementLoan, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance Hazardous Substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency Governmental Authority under any current or future law, regulation or ordinance pertaining to any hazardous substanceHazardous Substance.

Appears in 1 contract

Samples: Loan Agreement (Generation Income Properties, Inc.)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this AgreementLoan, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawMortgaged Property, or in the soil, groundwater or soil vapor on or under the Real PropertyMortgaged Property in quantities which violate applicable Environmental Laws, or that any Company Borrower or the Real Mortgaged Property may be subject to any threatened or pending investigation by any governmental agency under any current or future law, regulation or ordinance pertaining to any hazardous substance.

Appears in 1 contract

Samples: Loan Agreement (Solitron Devices Inc)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this AgreementFacility No. 1, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company the Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any current or future law, regulation or ordinance pertaining to any hazardous substance. 9.5.

Appears in 1 contract

Samples: Business Loan Agreement (Winter Sports Inc /New)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreementloan, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes (a) there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, except for hazardous substances in de minimis amounts not in violation of any Environmental Laws, or (b) that any Company the Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any current or future law, regulation or ordinance pertaining to any hazardous substance.

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreementloan, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company the Borrower or the Real Property may be is subject to any threatened or pending investigation by any governmental agency under any current or future law, regulation or ordinance pertaining to any hazardous substance., that could reasonably be expected to have a Material Adverse Effect. 10.5

Appears in 1 contract

Samples: Credit Agreement Between Tejon Ranchcorp (Tejon Ranch Co)

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Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreement-------------------------------------- loan, the Borrower will promptly notify the Bank if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation its or any of any applicable lawits subsidiaries' real property, or in the soil, groundwater or soil vapor on or under the Real Propertysuch real property, or that the Borrower, any Company subsidiary or the Real Property any of their real property may be subject to any threatened or pending investigation by any governmental agency under any law, regulation or ordinance pertaining to any hazardous substance.

Appears in 1 contract

Samples: Business Loan Agreement (Aztec Manufacturing Co)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreementloan, the Borrower will promptly notify the Bank if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company the Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any law, regulation or ordinance pertaining to any hazardous substancesubstance which can reasonably be foreseen to have a material negative on Borrower's financial condition or results of operations.

Appears in 1 contract

Samples: Credit Agreement (FFP Partners L P)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this AgreementLoan, the Borrower will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance Hazardous Substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real Property, or that any Company Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency Governmental Authority under any current or future law, regulation or ordinance pertaining to any hazardous substanceHazardous Substance, other than those matters described on Schedule 13.2.

Appears in 1 contract

Samples: Loan Agreement (Aerosonic Corp /De/)

Notices Regarding Hazardous Substances. Until full repayment of the loans described in this Agreementloan, the Borrower Borrowers will promptly notify the Bank in writing if it knows, suspects or believes there may be any hazardous substance in or around the Real Property in violation of any applicable lawProperty, or in the soil, groundwater or soil vapor on or under the Real PropertyProperty in violation of applicable Environmental Laws, or that any Company the Borrower or the Real Property may be subject to any threatened or pending investigation by any governmental agency under any current or future law, regulation or ordinance pertaining to any hazardous substance.

Appears in 1 contract

Samples: Loan Agreement (Mexco Energy Corp)

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