Examples of Environmental Legal Requirements in a sentence
The exercise by Agent or any Lender of any one or more of the rights and remedies set forth in this Section 4 shall not operate or be deemed (i) to place upon Agent or any Lender any responsibility for the operation, control, care, service, management, maintenance or repair of the Property, or (ii) make Agent or any Lender the “owner” or “operator” of the Property or a “responsible party” within the meaning of any of the Environmental Legal Requirements.
Licensor and Licensor's agents and employees shall have the right to enter the Licensed Space for any reasonable purpose, including, without limitation, for purposes of inspection and repair and monitoring Licensee's activities for compliance with the Environmental Legal Requirements, Legal Requirements, Insurance Requirements and the Plan.
Furthermore, Agent and/or any Lender by making any such payment or incurring any such costs shall be subrogated to all rights of each of Indemnitors or any other occupant of the Property to seek reimbursement from any other person including, without limitation, any predecessor, owner or occupant of the Property who may be a “responsible party” under any of the Environmental Legal Requirements in connection with the presence of Hazardous Materials on or under or which emanated from, the Property.
The Company is in material compliance with all laws, regulations, orders and Environmental Legal Requirements affecting its business and operations except such non-compliance as would not materially adversely affect the Company's properties, business, prospects, profits or condition (financial or otherwise) and has not received any notice of any violation or potential violation which has not been cured or remedied.
Borrower shall own, develop, operate and use its properties and conduct its affairs in a lawful manner and in compliance with all Legal Requirements and Environmental Legal Requirements applicable thereto and all provisions of ERISA to the extent that a failure to do so would result in a material adverse effect in the conduct of the Borrower's business or the ability of the Borrower to perform its obligations hereunder.