Common use of Representation and Warranty Regarding Hazardous Substances Clause in Contracts

Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower researched and inquired into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents and warrants that to the best of its knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real Property, except as the Borrower has disclosed to the Bank in writing.

Appears in 5 contracts

Samples: Loan Agreement (Lifeloc Technologies, Inc), Loan Agreement (Intermountain Community Bancorp), Loan Agreement (Super Micro Computer, Inc.)

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Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower researched and inquired into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents and warrants that to the best of its knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real Property, in violation of any applicable law except as the Borrower has disclosed to the Bank in writing.

Appears in 2 contracts

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

Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower researched and inquired into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents and warrants that to the best of its knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real Property, except as the Borrower has disclosed to the Bank in writing.

Appears in 2 contracts

Samples: Real Estate Loan Agreement, Real Estate Loan Agreement (Diversified Restaurant Holdings, Inc.)

Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower researched and inquired into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents and warrants that to the best of its knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real Property, except (a) for hazardous substances in de minimis amounts not in violation of any Environmental Laws (as hereinafter defined), or (b) as the Borrower has disclosed to the Bank in writing.

Appears in 1 contract

Samples: Loan Agreement (Key Technology Inc)

Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower researched and inquired inquired, by customary means, into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents and warrants that to the best of its knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real Property, except as the Borrower has disclosed to the Bank in writing.

Appears in 1 contract

Samples: Loan Agreement (KVH Industries Inc \De\)

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Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower researched and inquired into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents and warrants that to the best of its knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real Property, except as the Borrower has disclosed to the Bank Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Xeta Technologies Inc)

Representation and Warranty Regarding Hazardous Substances. Before signing this Agreement, the Borrower Borrowers researched and inquired into the previous uses and ownership of the Real Property. Based on that due diligence, the Borrower represents Borrowers represent and warrants warrant that to the best of its their knowledge, no hazardous substance has been disposed of or released or otherwise exists in, on, under or onto the Real PropertyProperty in violation of applicable Environmental Laws, except as the Borrower has disclosed to the Bank in writing.

Appears in 1 contract

Samples: Loan Agreement (Mexco Energy Corp)

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