Assumed and Retained Liabilities. Neither NU nor, to the knowledge of NU, any of the NU Subsidiaries has retained or assumed either contractually or by operation of law any liabilities or obligations that would be reasonably likely to form the basis for any Environmental Claim, which would, individually or in the aggregate, have a Material Adverse Effect on NU.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Consolidated Edison Inc), Agreement and Plan of Merger (Northeast Utilities System), Merger Agreement (Consolidated Edison Inc)