Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials (except Hazardous Materials used by Borrower or its Subsidiaries in the ordinary course of business) or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties to a condition in compliance with applicable Environmental Laws.
Appears in 3 contracts
Samples: Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.), Term Loan Agreement (Corium International, Inc.)
Action under Environmental Laws. The Each Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials (except Substance, other than the presence of Hazardous Materials used by Borrower or its Subsidiaries Substances in the ordinary course of business) material compliance with Environmental Laws, or the existence of any material environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable required by Environmental Laws to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, 45 containment and remedial actions, and restore their respective businesses, operations or properties to a condition in material compliance with applicable Environmental Laws. Each Borrower shall, and shall cause each of its Subsidiaries to, use, generate, manufacture, install, treat, release, store or dispose of any Hazardous Substances solely in compliance in all material respects with all applicable Environmental Laws.
Appears in 1 contract
Samples: Credit Agreement (NRG Energy, Inc.)
