. The ​, the ​ and each ​ conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to such properties, and as a result thereof the Loan Parties have reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation of such Environmental Laws and claims would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Section # Environmental Compliance. The ​,Borrower, the ​Parent and each ​Consolidated Entity conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to such properties, and as a result thereof the Loan Parties have reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan NoticeRequest for Credit Extension containing supplemental information thereto), any violation of such Environmental Laws and claims would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

1.09Environmental Compliance. The _Borrower:​, the _Parent:​ and each ​Consolidated Entity conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to such properties, and as a result thereof the Loan Parties have reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan NoticeRequest for Credit Extension containing supplemental information thereto), any violation of such Environmental Laws and claims would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Environmental Compliance Each Borrower and each ​its Subsidiaries conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof the Loan PartiesBorrowers have reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto)509], any violation of such Environmental Laws and claims wouldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.Effect

Each of the ​Borrowers and each ​of their Subsidiaries conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof the Loan PartiesBorrowers have reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation of such Environmental Laws and claims wouldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. In furtherance (and not in limitation) of the foregoing, the Borrowers hereby represent and warrant that:

Environmental Compliance. (a) Each Loan Party and each ​Restricted Subsidiary conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental LawsLaws, Environmental Liabilities and claims alleging potential liability or responsibility for violation of any Environmental LawClaims on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof thesuch Loan Parties haveParty has reasonably concluded that, except as specifically disclosed in [Schedule 5.6.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation ofcompliance with such Environmental Laws and claims wouldor any Environmental Claims could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Each of the ​Borrowers and each ​of their Subsidiaries conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof the Loan PartiesBorrowers have reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation of such Environmental Laws and claims wouldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. In furtherance (and not in limitation) of the foregoing, the Borrowers hereby represent and warrant that:

The ​, the ​Borrower and each ​its Subsidiaries conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof the Loan Parties haveBorrower has reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation ofthat such Environmental Laws and claims wouldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Environmental Compliance. The ​, the ​Loan Parties and each ​their respective Subsidiaries conduct in the ordinary course of business in connection with the purchase of real estate a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof the Loan Parties haveBorrower has reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation ofthat such Environmental Laws and claims wouldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Borrower and each ​ conductits Subsidiaries have, in the ordinary course of business in connection with the purchase of real estate a review ofbusiness, reviewed the effect of existing Environmental Laws and any claims alleging potential liability or responsibility for violation of any Environmental Law on or with respect to suchtheir respective businesses, operations and properties, and as a result thereof the Loan Parties haveBorrower has reasonably concluded that, except as specifically disclosed in [Schedule 5.09] (as amended by any Compliance Certificate or Loan Notice containing supplemental information thereto), any violation ofthat liability under such Environmental Laws and any claims wouldcould not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.