Laserfiche WebLink
2025 00"52 <br />event, Borrower will take all necessary remedial action in accordance with <br />Environmental Law. <br />(d) Borrower has no knowledge of or reason to believe that there is any pending <br />or threatened investigation, claim, or proceeding of any kind relating to: (i) <br />any Hazardous Substance located on, under or about the premises; or (ii) <br />any violation by Borrower or any tenant of any Environmental Law. <br />Borrower will immediately notify Lender in writing as soon as Borrower <br />has reason to believe there is any such pending or threatened investigation, <br />claim, or proceeding. In such an event, Lender has the right, but not the <br />obligation, to participate in any such proceeding including the right to <br />receive copies of any documents relating to such proceedings. <br />(e) Borrower and every tenant have been, are, and shall remain in full <br />compliance with any applicable Environmental Law. <br />(f) There are no underground tanks, private dumps, or open wells located on, <br />under or about the premises, and no such tank, dump, or well will be added <br />unless Lender first consents in writing. <br />(g) Borrower will regularly inspect the premises, monitor the activities and <br />operations on the premises, and confirm that all permits, licenses, or <br />approvals required by any applicable Environmental Law are obtained and <br />complied with. <br />(h) Borrower will permit, or cause any tenant to permit, Lender or Lender's <br />agent to enter and inspect the premises and review all records at any <br />reasonable time to determine: (i) the existence, location, nature, and <br />magnitude of any Hazardous Substance on, under, or about the premises; <br />(ii) the existence, location, nature, and magnitude of any Hazardous <br />Substance that has been released on, under, or about the premises; or (iii) <br />whether or not Borrower and any tenant are in compliance with applicable <br />Environmental Law. <br />(i) Upon Lender's request and at any time, Borrower agrees, at Borrower's <br />expense, to engage a qualified environmental engineer to prepare an <br />environmental audit of the premises and to submit the results of such audit <br />to Lender. The choice of the environmental engineer who will perform such <br />audit is subject to Lender's approval. <br />(j) Lender has the right, but not the obligation, to perform any of Borrower's <br />obligations under this section at Borrower's expenses. <br />Page 5 of 8 <br />