Common use of Control of Remedial Action Clause in Contracts

Control of Remedial Action. (a) In the event that the transactions contemplated by this Agreement trigger any investigative or remedial obligations under Environmental Laws with respect to the Properties, including any responsibility under the Connecticut Real Property Transfer Act and the New Jersey Industrial Site Recovery Act, the Company shall have responsibility for the discharge of such obligations; provided that Losses incurred by the Company to discharge any such obligation -------- shall be subject to the indemnification by the Sellers to the extent provided in this Article 8.

Control of Remedial Action. (a) In the event that the transactions contemplated by this Agreement trigger any investigative or remedial obligations under Environmental Laws with respect to the Properties, including any responsibility under the Connecticut Real Property Transfer Act and the New Jersey Industrial Site Recovery Act, the Company shall have responsibility for the discharge of such obligations; provided that Losses incurred by the -------- Company to discharge any such obligation -------- shall be subject to the indemnification by the Sellers to the extent provided in this Article 8.

Control of Remedial Action. (a) In the event that the transactions contemplated by this Agreement trigger any investigative or remedial obligations under Environmental Laws with respect to the Properties, including any responsibility under the Connecticut Real Property Transfer Act and the New Jersey Industrial Site Recovery Act, the Company shall have responsibility for the discharge of such obligations; provided that -------- Losses incurred by the Company to discharge any such obligation -------- shall be subject to the indemnification by the Sellers to the extent provided in this Article 8.