Common use of Response Actions Clause in Contracts

Response Actions. The Borrowers covenant and agree that if any Release or Disposal of Hazardous Substances shall occur or shall have occurred on the Real Property, the Borrowers will cause the prompt containment and removal of such Hazardous Substances and remediation of the Real Property as necessary to comply with all Environmental Laws or to preserve the value of the Real Property.

Appears in 11 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Superior Services Inc), Revolving Credit Agreement (Waste Connections Inc/De)

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Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on the any Real PropertyEstate owned by it or any of its Subsidiaries, the Borrowers Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such Real Property as Estate if necessary to comply with all Environmental Laws or to preserve the value of the Real PropertyLaws.

Appears in 11 contracts

Samples: Credit Agreement (Mack Cali Realty L P), Term Loan Agreement (Mack Cali Realty L P), Credit Agreement (Mack Cali Realty L P)

Response Actions. The Borrowers covenant Each Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on the any Real PropertyEstate owned by it or any of its Subsidiaries, the Borrowers such Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such Real Property Estate as necessary to comply with all Environmental Laws or to preserve the value of the such Real PropertyEstate.

Appears in 8 contracts

Samples: Assignment and Assumption Agreement (Life Storage Lp), Assignment and Assumption Agreement (Sovran Self Storage Inc), Credit Agreement (Sovran Self Storage Inc)

Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on any Real Estate Asset owned directly or indirectly by the Real PropertyBorrower or BPI, in violation of applicable Environmental Laws, the Borrowers Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such wholly-owned Real Property Estate Asset as necessary to comply with all Environmental Laws or to preserve the value of the Real PropertyLaws.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Boston Properties Inc), Credit Agreement (Boston Properties Inc), Credit Agreement (Boston Properties Inc)

Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on the any Mortgaged Property or any Real PropertyEstate, the Borrowers Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such Mortgaged Property or Real Property Estate as necessary to comply with all Environmental Laws or to preserve the value of the such Mortgaged Property or Real PropertyEstate.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Amerivest Properties Inc), Credit Loan Agreement (Koger Equity Inc), Term Loan Agreement (Amerivest Properties Inc)

Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on the any Real PropertyEstate, the Borrowers Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such Real Property Estate as necessary to comply with all Environmental Laws or to preserve the value of the such Real PropertyEstate.

Appears in 3 contracts

Samples: Unsecured Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc), Revolving Credit Agreement (Amerivest Properties Inc)

Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on the any Real PropertyEstate in violation of applicable Environmental Laws, the Borrowers Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such Real Property Estate as necessary to comply with all Environmental Laws or to preserve the value of the Real PropertyLaws.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bradley Real Estate Inc)

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Response Actions. The Borrowers covenant Each Borrower covenants and agree agrees that if any Release or Disposal disposal of Hazardous Substances shall occur or shall have occurred on the any Real PropertyEstate owned by it or any of its Subsidiaries, the Borrowers such Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the such Real Property as Estate if necessary to comply with all Environmental Laws or to preserve the value of the Real PropertyLaws.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cali Realty Corp /New/)

Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release or Disposal of Hazardous Substances shall occur or shall have occurred on the Real Property, the Borrowers Borrower will cause the prompt containment and removal of such Hazardous Substances and remediation of the Real Property as necessary to comply with all Environmental Laws or to preserve the value of the Real Property.

Appears in 1 contract

Samples: Revolving Credit Agreement (Iteq Inc)

Response Actions. The Borrowers covenant Borrower covenants and agree agrees that if any Release -------- ------- or Disposal of Hazardous Substances shall occur or shall have occurred on the Real Property, the Borrowers Borrower will cause undertake the prompt appropriate containment and removal of such Hazardous Substances and remediation of the Real Property as necessary to comply with all Environmental Laws or to preserve the value of the Real PropertyLaws.

Appears in 1 contract

Samples: Revolving Credit Agreement (Aerovox Inc)

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