In correspondence that followed, Weathercraft insisted that it and the union had agreed that the contract would expire on May 31, 1984, and that its letter of March 22 confirmed that agreement. The union took the position that the Evergreen clause was included in the interim agreement and insisted that the contract be automatically […]

In such agreements, the guarantor (a) will provide certain assurances and guarantees regarding the existing environmental conditions in the property, b) undertake that all activities on the land comply with applicable environmental legislation and (c) exempt the lender from liability arising from environmental issues related to the property, including renovation costs and any depreciation […]