Common use of Warranty and Covenant Clause in Contracts

Warranty and Covenant. Lessor warrants that the Property has not been contaminated or polluted by, or used for the storage or disposal of any Hazardous Material, and Lessor has received no notice from any governmental authority concerning the presence or removal of any Hazardous Material on or adjacent to the Property. Lessor covenants that it will notify Lessee immediately in the event that evidence of an adverse environmental condition is discovered during the term of this Lease, or an event occurs which may result in an adverse environmental condition, including, but not limited to, release, emission or spill of hazardous substances.

Appears in 4 contracts

Samples: Ground Lease (Hammons John Q Hotels Lp), Ground Lease Agreement (Hammons John Q Hotels Inc), Ground Lease With Option (Hammons John Q Hotels Lp)

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