Common use of Removal and/or Remedial Action Clause in Contracts

Removal and/or Remedial Action. In response to the presence of any Hazardous Materials on, under or about the Property, Borrower shall immediately take, at Borrower’s sole expense, all actions required by any Hazardous Materials Laws or any regulatory agency, governing body, judgment, consent decree, settlement or compromise with respect to any Hazardous Materials Claims.

Removal and/or Remedial Action. In response to the presence of any Hazardous Materials on, under or about the PropertyProperties, Borrower shall immediately taketake or cause to be taken, at Borrower’s sole expense, all actions required by any Hazardous Materials Laws or any regulatory agency, governing body, judgment, consent decree, settlement or compromise with respect to any Hazardous Materials Claims.