Environmental Indemnification definition

Environmental Indemnification means an environmental indemnification agreement, substantially in the form of Exhibit E attached hereto and made a part hereof, executed by the Borrowers and/or any one or more of the Property Owners in favor of the Lender, as security for the payment and performance of the Obligations, and all renewals, extensions, modifications, amendments or supplements thereto.

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Environmental Indemnification. Advances: Borrower and Guarantors will provide a joint and several indemnification agreement. Advances under the Credit Facilities are permitted provided that:

Environmental Indemnification shall have the meaning set forth in Section 12.9.

Examples of Environmental Indemnification in a sentence

In case any provision in or Obligation under this Agreement or the other Loan Documents or the Environmental Indemnification Agreement shall be invalid, illegal or unenforceable, in whole or in part, in any jurisdiction, the validity, legality and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, shall not in any way be affected or impaired thereby.
The foregoing remedies are cumulative of, and in addition to, and not restrictive or in lieu of, the other remedies provided for herein and the remedies provided for or allowed by the other Loan Documents or the Environmental Indemnification Agreement, or provided for or allowed by law, or in equity.
Time is of the essence of this Agreement and each of the other Loan Documents and the Environmental Indemnification Agreement.
No failure or delay on the part of Lender to exercise any right or remedy hereunder or under the Loan Documents or the Environmental Indemnification Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any right or remedy hereunder preclude any further exercise thereof or the exercise of any further right or remedy hereunder or under the Loan Documents or the Environmental Indemnification Agreement.
In no event shall the amount of interest due and payable under this Agreement, the Note or any of the other Loan Documents or the Environmental Indemnification Agreement exceed the maximum rate of interest allowed by applicable law.

More Definitions of Environmental Indemnification

Environmental Indemnification. Agreements: Individually and collectively (i) A certain environmental indemnification agreement dated March 30, 1995 executed by Starter in favor of the Agent and the Banks, indemnifying the Agent and the Banks as to all matters set forth in ss.3.17 of the Agreement pertaining to certain real estate occupied by Starter and (ii) a certain environmental indemnification agreement dated of even date herewith, executed by the Borrower in favor of the Agent indemnifying the Agent and the Banks as to all matters set forth in ss.3.17 of this Agreement pertaining to certain real estate occupied by Starter Galt.

Environmental Indemnification. AGREEMENT: That certain Certificate and Indemnification Regarding Hazardous Substances of even date herewith executed by Borrower for the benefit of Lender.

Environmental Indemnification means the environmental indemnification agreement of the Borrower in the form of Exhibit F hereto.

Environmental Indemnification. The Lessee will indemnify the Indemnified Persons from and against liabilities, losses or expenses arising out of or related to any pre-existing condition, or any activity, occurrence or other condition that violates or threatens to violate or results in non-compliance with any environmental law.

Environmental Indemnification. Tenant shall defend, with counsel reasonably approved by ▇▇▇▇▇▇▇▇, all actions against Landlord with respect to, and pay, protect, indemnify and save harmless, to the extent permitted by law, Landlord from and against any and all Costs and Expenses arising out of, or claimed to be arising out of any "Environmental Conditions" (as defined hereinafter) by the lessee. Without limiting the foregoing, the term Costs and Expenses as used in this Section shall include remedial or response costs, expert consultant fees and expenses, and bodily injury or property damage. Tenant and Landlord agree that "response costs", as defined in the "Environmental Laws" (as defined hereinafter), shall not be deemed consequential damages.

Environmental Indemnification shall have the meaning given in Section 6.4(a).

Environmental Indemnification. With respect to any future liability arising out of any condition, activity or event, caused by, or under the control of, the Purchaser or the Company occurring after the Closing with respect to any of the Properties that violates any Environmental Laws or for which there may be any liability for an Environmental Event, the Purchaser agrees that it will indemnify, defend and hold harmless the Seller Indemnified Parties from and against all claims, damages, actions, suits, proceedings, demands, assessments, adjustments, costs, and expenses, including reasonable attorneys' fees and expenses of investigation, incurred by any Seller Indemnified Party as a result of the Environmental Event, and further including, if necessary, the costs and expenses of any remediation, transportation, incineration, treatment, or other necessary and appropriate disposition or mitigation of the Environmental Event. Notwithstanding the preceding sentence, it is expressly agreed by the parties that the indemnification provided for therein shall not apply to any Environmental Event caused by contamination migrating into or onto a Property from or through any other real property."