Common use of Buyer’s Assumed Environmental Liabilities Clause in Contracts

Buyer’s Assumed Environmental Liabilities. Except for Seller's Retained Environmental Liabilities, Buyer shall assume and be solely responsible for all Environmental Liabilities relating to or arising out of the Terminals, whether existing or asserted before, on, or after the Closing Date, whether known or unknown, whether based on past, present, or future conditions or events, including but not limited to undertaking such Remediation Activities of the Environmental Conditions as may be required by applicable laws, regulations, or government orders ("Assumed Environmental Liabilities").

Appears in 2 contracts

Samples: Sale and Purchase Agreement, Sale and Purchase Agreement (Global Partners Lp)

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Buyer’s Assumed Environmental Liabilities. Except for Seller's ’s Retained Environmental Liabilities, Buyer shall assume and be solely responsible for all Environmental Liabilities of Seller relating to or arising out of Seller’s ownership or operation of the TerminalsTerminal, whether existing or asserted before, on, or after the Closing Date, whether known or unknown, whether based on past, present, or future conditions or events, including but not limited to undertaking such Remediation Activities of the Environmental Conditions as may be required by applicable laws, regulations, or government orders ("Assumed Environmental Liabilities").

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Sunoco Logistics Partners Lp), Sale and Purchase Agreement (Sunoco Logistics Partners Lp)

Buyer’s Assumed Environmental Liabilities. Except for Seller's ’s Retained Environmental Liabilities, Buyer shall assume and be solely responsible for all Environmental Liabilities of Seller relating to or arising out of Seller’s ownership or operation of the Terminals, whether existing or asserted before, on, or after the Closing Date, whether known or unknown, whether based on past, present, or future conditions or events, including but not limited to undertaking such Remediation Activities of the Environmental Conditions as may be required by applicable laws, regulations, or government orders ("Assumed Environmental Liabilities").

Appears in 1 contract

Samples: Sale and Purchase Agreement (Sunoco Logistics Partners Lp)

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Buyer’s Assumed Environmental Liabilities. Except for Seller's ’s Retained Environmental Liabilities, Buyer shall assume and be solely responsible for all Environmental Liabilities relating to or arising out of the Terminals, whether existing or asserted before, on, or after the Closing Date, whether known or unknown, whether based on past, present, or future conditions or events, including but not limited to undertaking such Remediation Activities of the Environmental Conditions as may be required by applicable laws, regulations, or government orders ("Assumed Environmental Liabilities").

Appears in 1 contract

Samples: Sale and Purchase Agreement (Global Partners Lp)

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