Common use of Compliance with New Jersey ISRA Clause in Contracts

Compliance with New Jersey ISRA. (a) The Company shall make all reasonable efforts to comply with all obligations imposed by ISRA with respect to the transactions contemplated by this Agreement. The Company's obligations shall include, as appropriate: (i) timely submission of notice to the New Jersey Department of Environmental Protection and Energy (the "NJDEPE") and (ii) preparation and filing with NJDEPE of a proposed negative declaration, a proposed remedial action workplan, appropriate documents for a remediation agreement, a deferral of the remedial action workplan, or an area of concern waiver; provided that the Company shall obtain the approval and consent of Parent and Sub, which approval and consent shall not be unreasonably withheld, prior to entering into any remediation agreement with, or making any other enforceable commitment to, NJDEPE to satisfy the requirements of ISRA. (b) Parent and the Sub shall use their reasonable efforts to assist and cooperate with the Company and its representatives, in a prompt and timely manner, in connection with the preparation and filing of all necessary documents under ISRA.