Condition of the Properties definition
Examples of Condition of the Properties in a sentence
Borrower shall, and shall cause the SHP Subsidiaries to, immediately notify Administrative Agent (with copies where applicable) of any claims, complaints, notices, inquiries or other information which any Loan Party has or may receive or obtain relating to any Environmental Condition of the Properties or any surrounding areas.
Buyer has been provided the opportunity to conduct an independent inspection of the Properties, the public records and Seller’s files, including for the purpose of detecting the presence of any environmentally hazardous or dangerous substances or contamination, including petroleum or pesticides, and the presence and concentration of NORM or MMMF, and Buyer has satisfied itself as to the Condition of the Properties.
Condition of the Properties ..........................................