An environmental indemnity agreement for commercial real estate loans secured by Texas real property, including loans characterized as nonrecourse debt. This Standard Document contains the typical agreements made by a borrower and one or more persons indemnifying the lender against environmental losses and liabilities related to the secured real property. This Standard Document represents an initial draft of a lender's standardized environmental indemnity. It has integrated notes with important explanations and drafting and negotiating tips for the document parties.