Compliance with Environmental Laws; Environmental Reports. Except where the failure to do so could not reasonably be expected to have a Material Adverse Effect: (i) comply, and use commercially reasonable efforts to cause all lessees and other persons occupying Real Property owned, operated or leased by any Company to comply, with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) use commercially reasonable efforts to obtain and renew all material Environmental Permits applicable to its operations and Real Property; and (iii) conduct all Responses required by, and in accordance with, Environmental Laws; provided that no Company shall be required to undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.
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Samples: Revolving Credit Agreement (Bankrate, Inc.), Revolving Credit Agreement (Bankrate, Inc.), Revolving Credit Agreement (Bankrate, Inc.)
Compliance with Environmental Laws; Environmental Reports. Except where the failure to do so could not reasonably be expected to have a Material Adverse Effect: (i) complyComply, and use commercially reasonable efforts to cause all lessees and other persons occupying Real Property owned, operated or leased by any Company to comply, in all respects with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) use commercially reasonable efforts to obtain and renew all material Environmental Permits applicable to its operations and Real Property; and (iii) conduct all Responses Responses, including any emergency response, required by, and in accordance with, Environmental Laws, in each case, to the extent that the failure to do so could reasonably be expected to have a Material Adverse Effect; provided that no Company shall be required to undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAPU.S. GAAP or other applicable accounting standards.
Appears in 2 contracts
Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)
Compliance with Environmental Laws; Environmental Reports. Except where the failure to do so could not reasonably be expected to have a Material Adverse Effect: (ia) complyComply, and use commercially reasonable efforts to cause all lessees and other persons occupying Real Property owned, operated or leased by any Company the Borrower to comply, in all respects with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) use commercially reasonable efforts to obtain and renew all material Environmental Permits applicable to its operations and Real Property; and (iii) conduct all Responses required by, and in accordance with, Environmental Laws, in each case except for instances of non-compliance that could not reasonably be expected to have a Material Adverse Effect; provided that no Company the Borrower shall not be required to undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.
Appears in 2 contracts
Samples: Credit Agreement (Northstar Realty Finance Corp.), Facility Agreement (Northstar Realty Finance Corp.)
Compliance with Environmental Laws; Environmental Reports. Except where the failure to do so could not reasonably be expected to have a Material Adverse Effect: (i) complyComply, and use commercially reasonable efforts to cause all lessees and other persons occupying Real Property owned, operated or leased by any Company to comply, in all respects with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) use commercially reasonable efforts to obtain and renew all material Environmental Permits applicable to its operations and Real Property; and (iii) conduct all Responses Responses, including any emergency response, required by, and in accordance with, Environmental Laws, in each case, to the extent that the failure to do so could reasonably be expected to have a Material Adverse Effect; provided that no Company shall be required to undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAPUS GAAP or other applicable accounting standards.
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Samples: Credit Agreement (Novelis Inc.)
Compliance with Environmental Laws; Environmental Reports. Except where the such failure to do so could comply, obtain, renew or conduct, individually or in the aggregate, would not reasonably be expected to have result in a Material Adverse Effect: (i) comply, comply and use commercially reasonable efforts to cause all lessees and other persons occupying Real Property owned, operated or leased by any Company to comply, in all material respects with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; (ii) use commercially reasonable efforts to obtain and renew all material Environmental Permits applicable to its operations and Real Property; and (iii) conduct all Responses required by, and in accordance with, Environmental Laws; provided that no Company shall be required to undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.
Appears in 1 contract
Samples: Credit Agreement (Bearingpoint Inc)
Compliance with Environmental Laws; Environmental Reports. Except where the failure to do so could not reasonably be expected to have a Material Adverse Effect: (i) complyComply, and use commercially reasonable efforts to cause all lessees and other persons Persons occupying its Real Property owned, operated or leased by any Company to comply, with all Environmental Laws and Environmental Permits applicable to its operations operations, facilities and Real Property, except where failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect; (ii) use commercially reasonable efforts to obtain and renew all material Environmental Permits applicable to its operations operations, facilities and Real Property; and (iii) conduct all Responses responses required by, and in accordance with, Environmental Laws; provided that no Company neither such Restricted Party nor any of its Subsidiaries shall be required to undertake any Response undertakeany response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.
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