Common use of Remedial Action Clause in Contracts

Remedial Action. In response to the presence of any Hazardous Materials on, under or about the Subject Property, Trustor shall immediately take, at Trustor's sole expense, all remedial action required by any Hazardous Materials Laws or any judgment, consent decree, settlement or compromise in respect to any Hazardous Materials Claims.

Appears in 3 contracts

Samples: Deed of Trust (Prudential Bache Equitec Real Estate Partnership), Deed of Trust (Prudential Bache Equitec Real Estate Partnership), Deed of Trust (Prudential Bache Equitec Real Estate Partnership)

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Remedial Action. In response to the presence of any Hazardous Materials on, under or about the Subject Property, Trustor shall immediately takeshall, in accordance with Hazardous Materials Laws, take or cause to be taken, at Trustor's ’s sole expense, all remedial action required by any Hazardous Materials Laws or any judgment, consent decree, settlement or compromise in respect to any Hazardous Materials Claims.

Appears in 3 contracts

Samples: Deed of Trust (Cole Credit Property Trust III, Inc.), Deed of Trust and Security Agreement (Cole Credit Property Trust III, Inc.), Deed of Trust (Cole Credit Property Trust III, Inc.)

Remedial Action. In response to the presence of any Hazardous Materials on, under or about the Subject Property, Trustor shall immediately take, at Trustor's sole expense, all remedial action required by any Hazardous Materials Laws or any judgment, consent decree, settlement or compromise in respect to any Hazardous Materials Claims.

Appears in 3 contracts

Samples: Leasehold Deed of Trust (Inland Western Retail Real Estate Trust Inc), Deed of Trust (Protein Design Labs Inc/De), Deed of Trust (Protein Design Labs Inc/De)

Remedial Action. In response to knowledge or notification to Trustor of the presence of any Hazardous Materials on, under or about the Subject Property, Trustor shall immediately take, at Trustor's sole expense, all remedial action required by any Hazardous Materials Laws or any judgment, consent decree, settlement or compromise in respect to any Hazardous Materials Claims.

Appears in 1 contract

Samples: Modification Agreement (Manufactured Home Communities Inc)

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Remedial Action. In response to the presence of any Hazardous Materials on, under or about the Subject Real Property, Trustor shall immediately take, at Trustor's Trustor ‘s sole expense, all remedial action required by any Hazardous Materials Laws or any judgment, consent decree, settlement or compromise in respect to any Hazardous Materials Claims.

Appears in 1 contract

Samples: Deed of Trust

Remedial Action. In response to the presence of any Hazardous Materials on, under or about the Subject Property, Trustor shall immediately take, at Trustor's ’s sole expense, all remedial action required by any Hazardous Materials Laws or any judgment, consent decree, settlement or compromise in respect to any Hazardous Materials Claims.

Appears in 1 contract

Samples: Deed of Trust (KBS Real Estate Investment Trust, Inc.)

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