Common use of CONTRIBUTION PROTECTION Clause in Contracts

CONTRIBUTION PROTECTION. 34. The parties hereto agree that, as of the Closing Date, Debtors, the Reorganized Debtors, and the Custodial Trust Parties are entitled to protection from contribution actions or claims as provided by Section 113(f)(2) of CERCLA, 42 U.S.C. § 9613(f)(2) or similar state law for matters addressed in this Settlement Agreement. This specifically includes, without limitation, contribution protection against the alleged purchaser of the Xxxxxxx Site pursuant to the purported tax sale conducted by Lake County, Indiana.9 The matters addressed in this Settlement Agreement include all costs of Environmental Actions, including oversight costs, incurred or to be incurred by the United States and the States or any other person relating to or in connection with the Designated Properties, the Sites, the Not Owned Portions of the Xxxxxx Springs Site, the Other Arizona Sites, and the Xxxx Xxx Site, including releases of hazardous substances from any portion of the Designated Properties and the Sites, the Not Owned Portions of the Xxxxxx Springs Site, the Other Arizona Sites, and the Xxxx Xxx Site, and all areas affected by natural migration of such substances from such sites. Matters addressed in this Settlement Agreement also include the States’ claims for NRD including restoration and assessment costs relating to or in connection with the Designated Properties and the Sites except for the Alton, Beckemeyer, Xxxxxx Springs Sites, and Separately Settled Matters. Matters addressed in this Settlement Agreement do not include the City of Xxxxxx’x claim for maintenance of the road repository containing Category II Waste Materials or maintenance of the Parking Repository at the Xxxxxx Site, the City and County of Denver’s claims at the Globe Site, and the Separately Settled Matters