Common use of Adverse Environmental Conditions Clause in Contracts

Adverse Environmental Conditions. (a) Purchaser will have until 5 Business Days before the Closing to notify Seller of any material adverse environmental condition of the Assets that Purchaser finds unacceptable and provide evidence of the condition to Seller. An environmental condition is a material adverse environmental condition (“Condition”) only if all the following criteria are met:

Appears in 3 contracts

Samples: Agreement, Agreement (Forest Oil Corp), Agreement (Forest Oil Corp)

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Adverse Environmental Conditions. (a) Purchaser will have until 5 Business Days before the Closing to notify Seller of any material adverse environmental condition of the Assets that Purchaser finds unacceptable and provide evidence of the condition to Seller. An environmental condition is a material adverse environmental condition ("Condition") only if all the following criteria are met:

Appears in 1 contract

Samples: Agreement (Linn Energy, LLC)

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