Common use of Environmental Problems Clause in Contracts

Environmental Problems. If Servicer hereafter becomes aware that a Property is an Environmental Problem Property, Servicer will notify Master Servicer and the NIMS Insurer of the existence of the Environmental Problem Property. Additionally, Servicer shall set forth in such notice a description of such problem, a recommendation to Master Servicer and the NIMS Insurer relating to the proposed action regarding the Environmental Problem Property, and Servicer shall carry out the recommendation set forth in such notice unless otherwise directed by the NIMS Insurer in writing within five (5) days after each of their respective receipt (or deemed receipt) of such notice in accordance with the terms and provisions of Section 11.3