Real Property; Environmental Issues Clause Samples
The 'Real Property; Environmental Issues' clause addresses the responsibilities and obligations of parties regarding environmental conditions and compliance on real estate involved in a transaction. It typically outlines requirements for disclosing known environmental hazards, such as contamination or the presence of hazardous materials, and may specify procedures for environmental assessments or remediation if issues are discovered. This clause serves to allocate risk between the parties, ensuring that environmental liabilities are clearly identified and managed, thereby protecting both parties from unforeseen legal or financial consequences related to environmental problems on the property.
Real Property; Environmental Issues. Borrower does not now own and at no time in the last five (5) years has owned, any real property. Borrower has not received a summons, citation, notice, or directive from the Environmental Protection Agency or any other federal or state governmental agency concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.
Real Property; Environmental Issues. Except as set forth on Schedule 10.23, neither Borrower, any Primary Obligor, any Portfolio Entity or any Related Entity other than First X, First B, FCS ▇▇▇▇▇▇▇, Ltd., FCS Wood Ltd., and FCS Wildhorse Ltd., FCS ▇▇▇▇▇▇▇ Ltd., any REO Affiliate, any Latin American Acquisition Entity or European Acquisition Entity now owns or, in the case of US Persons, leases or at any time in the five (5) years preceding the Execution Date has owned or leased any real property. Neither Borrower, any Primary Obligor, any Portfolio Entity, any Related Entity, any Immaterial Entity, or any other Loan Party has received a summons, citation, notice, or directive from the Environmental Protection Agency or any other Governmental Authority concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.
Real Property; Environmental Issues. Except as set forth on Schedule 10.23, neither Borrower any Loan Party, any Primary Obligor, any Portfolio Entity or any Related Entity other than First X, First B, FCS ▇▇▇▇▇▇▇, Ltd., FCS Wood Ltd., and FCS Wildhorse Ltd., FCS Lancaster Ltd., the Crestone Portfolio Entities and Persons owned by the Crestone Portfolio Entities, Brazos River Partnership One, L.P., any REO Affiliate, any Latin American Acquisition Entity or European Acquisition Entity now owns or, in the case of US Persons, leases or at any time in the five (5) years preceding the Execution Date has owned or leased any real property. Neither Borrower, any Primary Obligor, any Portfolio Entity, any Related Entity, any Immaterial Entity, or any other Loan Party has received a summons, citation, notice, or directive from the Environmental Protection Agency or any other Governmental Authority concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.
Real Property; Environmental Issues. Neither Borrower nor any Primary Obligor nor any Secondary Obligor, other than First X and First B, now owns or at no time in the last five (5) years has owned, any real property. Neither Borrower nor any Primary Obligor nor any Secondary Obligor has received a summons, citation, notice, or directive from the Environmental Protection Agency or any other Governmental Authority concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.
Real Property; Environmental Issues. Except as set forth on Schedule 10.24, neither Borrower, any Primary Obligor or any Secondary Obligor other than First X, First B, FCS Creamer, Ltd., FCS Wood Ltd., and FCS Wildhorse Ltd, FCS Fischer Ltd. , ▇▇▇ REO Affiliate, any Mexican Acquisition Entity or ▇▇▇▇▇▇ Acquisition Entity now owns or, in the case of US Persons, leases or at any time in the five (5) years preceding the Amendment Execution Date has owned or leased any real property. Neither Borrower, any Primary Obligor, any Secondary Obligor, any Tier IV Company, any Tier V Company, any Harbor Debtor or any other Loan Party has received a summons, citation, notice, or directive from the Environmental Protection Agency or any other Governmental Authority concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.
Real Property; Environmental Issues. Neither Borrower, any of its REO Affiliates nor any other Loan Party has received a summons, citation, notice, or directive from the Environmental Protection Agency or any other Governmental Authority concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.
Real Property; Environmental Issues. Neither the Company nor any Affiliated Entity, other than First X and First B, now owns or at no time in the last five (5) years has owned, any real property. Neither the Company nor any Affiliated Entity has received a summons, citation, notice or directive from the Environmental Protection Agency or any other Governmental Authority concerning any action or omission resulting in the releasing, or otherwise disposing of hazardous waste or hazardous substances into the environment with respect to any real property.