Common use of Continuing Obligations and Environmental Liabilities Clause in Contracts

Continuing Obligations and Environmental Liabilities. On termination of the Business under Sections 13.1 or 13.2, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.6, 8.5, 8.6 and 9.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).

Continuing Obligations and Environmental Liabilities. On termination of the Business under Sections 13.1 SECTIONS 12.1, 12.2 or 13.212.3, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.6SECTIONS 6.3, 8.59.5, 8.6 9.6 and 9.5 10.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).

Continuing Obligations and Environmental Liabilities. On termination of the Business under Sections 13.1 12.1, 12.2 or 13.212.3, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's ’s share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.66.3, 8.59.5, 8.6 9.6 and 9.5 10.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).

Continuing Obligations and Environmental Liabilities. On termination of the Business under Sections 13.1 12.1, 12.2 or 13.212.3, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's ’s share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.66.3, 8.59.5, 8.6 9.7 and 9.5 10.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).

Continuing Obligations and Environmental Liabilities. On termination of the Business under Sections 13.1 12.1, 12.2 or 13.212.3, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's ’s share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration adjustment of Participating Interests under Sections 5.65.5, 8.56.3, 8.6 9.5, 9.6 and 9.5 10.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).

Continuing Obligations and Environmental Liabilities. On termination of the Business under Sections 13.1 12.1, 12.2 or 13.212.3, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's ’s share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.66.2, 8.59.5, 8.6 9.6 and 9.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest)10.5.

Continuing Obligations and Environmental Liabilities. On Subject to the limitations contained in Section 3.7, on termination of the Business or withdrawal under Sections 13.1 12.1, 12.2 or 13.212.3, each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal)liabilities, including Environmental Liabilities and Continuing Obligations. The A withdrawing Participant's ’s share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.66.3, 8.59.5, 8.6 9.6 and 9.5 10.5 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).

Continuing Obligations and Environmental Liabilities. On termination of the Business Venture under Sections 13.1 12.1 , 12.2 or 13.212.3 , each Participant shall remain liable for its respective share of liabilities to third persons (whether such arises before or after such withdrawal), including Environmental Liabilities and Continuing Obligations. The withdrawing Participant's share of such liabilities shall be equal to its Participating Interest at the time such liability was incurred, after first taking into account any reduction, readjustment, and restoration of Participating Interests under Sections 5.66.3 , 8.59.5 , 8.6 and 9.5 9.6 (or, as to liabilities arising prior to the Effective Date, its initial Participating Interest).