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.

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

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.

Examples of Environmental Indemnification in a sentence

• The Borrower will execute and deliver the Agreement of Environmental Indemnification.

• 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.

• 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.

• Time is of the essence of this Agreement and each of the other Loan Documents and 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 means, collectively, the Environmental Indemnification Agreements delivered to TMCC pursuant to Section 3.1 hereof, including any amendments thereto delivered to TMCC pursuant to Section 4.2 hereof.

Environmental Indemnification has the meaning set forth in ss.9(a) below.

Environmental Indemnification means the environmental indemnification agreement dated June 9, 1997, entered into by the Borrowers in favor of the Administrative Agent for the benefit of the Banks, a copy of which is attached as Exhibit F hereto, as the same may be amended, modified, supplemented or restated from time to time.

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

Environmental Indemnification. With respect to any existing or future liability arising out of any condition, activity or event existing or occurring prior to the Closing Date with respect to the Las Vegas Premises, the Xxxxxxxxx Premises or the 2.5 Acre Tract (individually, a "Property" and collectively, the "Properties") that violates or violated any Environmental Laws or for which there may be any environmental liability in tort, or otherwise (an "Environmental Event"), the Seller agrees that it will indemnify, defend and hold harmless the Purchaser 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 Purchaser 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."