Remediation; Notification Sample Clauses
The Remediation; Notification clause establishes the obligation for a party to promptly inform the other party when a problem, breach, or non-compliance occurs and to take steps to address or correct the issue. In practice, this means that if one party becomes aware of a failure to meet contractual requirements, they must notify the other party within a specified timeframe and outline the actions they will take to remedy the situation. This clause ensures transparency and provides a structured process for resolving issues, minimizing potential damages, and maintaining trust between the parties.
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Remediation; Notification. If Tenant becomes aware of a material violation of any Environmental Laws relating to any Hazardous Substance or otherwise in, on, under or about any Leased Property or any adjacent property thereto, or if Tenant, Landlord or a Leased Property becomes subject to any order of any federal, state or local agency to repair, close, detoxify, decontaminate or otherwise remediate such Leased Property, Tenant shall promptly notify Landlord of such event and, at its sole cost and expense, cure such violation or effect such repair, closure, detoxification, decontamination or other remediation, which activities shall in all events be performed in accordance with all applicable Environmental Laws and shall be subject to Landlord’s written approval as to their scope, process, content and standard for completion prior to their commencement, such approval not to be unreasonably withheld. If Tenant fails to implement and diligently pursue any such cure, repair, closure, detoxification, decontamination or other remediation as required under this Section 36.2, Landlord shall have the right, but not the obligation, to carry out such action and to recover from Tenant all of Landlord’s costs and expenses incurred in connection therewith. Each of Landlord and Tenant shall promptly notify the other upon becoming aware (or being notified) of (i) any claims, suits, proceedings, investigations or demands, or any enforcement, cleanup or other regulatory or judicial action, threatened, made, or initiated against or involving it and relating to any of the Leased Properties pursuant to any Environmental Laws, including, without limitation, those relating to the presence, treatment, storage, handling, disposal, generation, spill, release or discharge of any Hazardous Substances on, at, in, under or about the Leased Properties or the migration thereof from or to any other property; and (ii) the imposition of any lien arising under Environmental Laws on any of the Leased Properties.
Remediation; Notification. 63 36.3. INDEMNITY.................................................................... 64 36.4.
Remediation; Notification. 82 37.3 Indemnity.......................................................83 37.4 Environmental Inspection........................................83 37.5 Removal.........................................................83 38. Tenant's Option to Purchase the Leased Property.........................84
