Common use of Discharge of Environmental Liabilities Clause in Contracts

Discharge of Environmental Liabilities. On and after the Closing Date, with respect to Environmental Liabilities which constitute Excluded Environmental Liabilities, Buyer will use commercially reasonable efforts not to prejudice or impair Seller’s rights under the Environmental Laws or interfere with Seller’s ability to contest in appropriate administrative, judicial or other proceedings its Liability, if any, for Environmental Claims or Remediation. To the extent relevant to those Environmental Liabilities which constitute Excluded Liabilities, (a) Buyer further agrees to provide to Seller draft copies of all plans and studies prepared in connection with any Site investigation or Remediation prior to their submission to the Governmental Authority with jurisdiction under Environmental Laws, (b) Seller shall have the right, without the obligation, to attend all meetings between Buyer, its Representatives, and such Governmental Authorities, and (c) Buyer shall promptly provide to Seller copies of all written information, plans, documents and material correspondence submitted to or received from such Governmental Authorities relating to Buyer’s discharge of any Environmental Liabilities assumed pursuant to this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Public Service Co of New Hampshire), Purchase and Sale Agreement, Purchase and Sale Agreement

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Discharge of Environmental Liabilities. On and In discharging its Environmental Liabilities, if any, on or after the Closing Date, with respect pursuant to Environmental Liabilities which constitute Excluded Environmental LiabilitiesSection 2.3(a) hereof, the Buyer agrees and covenants that the Buyer will use commercially reasonable efforts not to prejudice or impair the Seller’s 's rights under the Environmental Laws or interfere with the Seller’s 's ability to contest in appropriate administrative, judicial or other proceedings its Liabilityliability, if any, for Environmental Claims or Remediation. To the extent relevant to those Environmental Liabilities which constitute Excluded Liabilities, (a) The Buyer further agrees to provide to the Seller draft copies of all plans and studies prepared in connection with any Site investigation or Remediation prior to their submission to the Governmental Authority with jurisdiction under Environmental Laws, (b) . The Seller shall have the right, without the obligation, to attend all meetings between the Buyer, its Representativesagents or representatives, and such Governmental Authorities, and (c) . The Buyer shall promptly provide to the Seller copies of all written information, plans, documents and material correspondence submitted to or received from such Governmental Authorities relating to the Buyer’s 's discharge of any Environmental Liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Settlement Agreement (Holyoke Water Power Co)

Discharge of Environmental Liabilities. On and after the Closing Date, with respect to Environmental Liabilities which constitute Excluded Environmental Liabilities, Buyer will use commercially reasonable efforts not to prejudice or impair Seller’s rights under the Environmental Laws or interfere with Seller’s ability to contest in appropriate administrative, judicial or other proceedings its Liability, if any, for Environmental Claims or Remediation. To the extent relevant to those Environmental Liabilities which constitute Excluded Liabilities, (a) Buyer further agrees to provide to Seller draft copies of all plans and studies prepared in connection with any Site investigation or Remediation prior to their submission to the Governmental Authority with jurisdiction under Environmental Laws, (b) Seller shall have the right, without the obligation, to attend all meetings between Buyer, its Representatives, and such 000075 Governmental Authorities, and (c) Buyer shall promptly provide to Seller copies of all written information, plans, documents and material correspondence submitted to or received from such Governmental Authorities relating to BuyerXxxxx’s discharge of any Environmental Liabilities assumed pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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Discharge of Environmental Liabilities. On and In discharging its Environ mental Liabilities, if any, on or after the Closing Date, with respect pursuant to Environmental Liabilities which constitute Excluded Environmental LiabilitiesSection 2.3(a) hereof, the Buyer agrees and covenants that the Buyer will use commercially reasonable efforts not to prejudice or impair the Seller’s 's rights under the Environmental Laws or interfere with the Seller’s 's ability to contest in appropriate administrative, judicial or other proceedings its Liabilityliability, if any, for Environmental Claims or Remediation. To the extent relevant to those Environmental Liabilities which constitute Excluded Liabilities, (a) The Buyer further agrees to provide to the Seller draft copies of all plans and studies prepared in connection with any Site investigation or Remediation prior to their submission to the Governmental Authority with jurisdiction under Environmental Laws, (b) . The Seller shall have the right, without the obligation, to attend all meetings between the Buyer, its Representativesagents or representatives, and such Governmental Authorities, and (c) . The Buyer shall promptly provide to the Seller copies of all written information, plans, documents and material correspondence submitted to or received from such Governmental Authorities relating to the Buyer’s discharge of any Environmental Liabilities assumed pursuant to this Agreement.'

Appears in 1 contract

Samples: Purchase and Sale Agreement (Somerset Power LLC)

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