Environmental and Safety Regulations. The Company is not in violation of any environmental laws or regulations, including without limitation any and all applicable federal, state and local laws, regulations and ordinances relating to air and water pollution and handling and disposal of chemical and hazardous materials (hereinafter the "Environmental Laws"). The Company possesses all of the authorizations, permits and approvals required to be obtained by applicable Environmental Laws; neither the Company nor any stockholder has received any notice from any governmental authority or has knowledge of any governmental inquiry or investigation or any other claim, suit or proceeding against or involving the Company with respect to any actual or alleged violation of any applicable Environmental Law and all hazardous waste and chemical waste materials have been disposed of in accordance with all applicable Environmental Laws. There have been no spills, dumping, discharge or clean-up of hazardous waste or chemical materials in violation of any Environmental Laws on or at any premises owned or any premises occupied by the Company.
Environmental and Safety Regulations. Each Loan Party and each of their respective Subsidiaries is in compliance with all requirements of applicable federal, state and local Environmental Laws except for any noncompliance which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. Except as disclosed on Schedule 4.16, no Loan Party’s or Subsidiary’s past or present operations, Real Property or other Properties are subject to any federal, state or local investigation to determine whether any remedial action is needed to address any environmental pollution, hazardous material or environmental clean-up. The Real Property and its intended use complies with all applicable laws, governmental regulations and the terms of any enforcement action by any federal, state, regional or local governmental agency regarding all applicable federal, state and local laws pertaining to air and water quality, hazardous waste, waste disposal and other environmental matters (including, but not limited to, the Clean Water, Clean Air, Federal Water Pollution Control, Solid Waste Disposal, Resource Conservation and Recovery and Comprehensive Environmental Response, Compensation, and Liability Acts, as said acts may be amended), and the rules, regulations and ordinances of all applicable federal, state and local agencies and bureaus under such laws, except in each case for any noncompliance which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Loan Party or Subsidiary has received any Environmental Notice. No Loan Party or Subsidiary has any contingent liability with respect to any Environmental Release, environmental pollution or hazardous material on any Real Property now or previously owned, leased or operated by it.
Environmental and Safety Regulations. The Company knows of no ------------------------------------ violation or violations by the Company, its employees or agents of any environmental or safety statute, law or regulation that in the aggregate would have a material adverse effect on the business, properties, prospects or financial condition of the Company, and, to the best of its knowledge, no material expenditures are or will be required in order to comply with any such existing statute, law or regulation. No action, proceeding, permit revocation, writ, injunction or claim is pending or, to the best
Environmental and Safety Regulations. To the best of the Company's knowledge, there are and have been no violations by the Company or any employee or agent thereof of any environmental or safety regulation that in the aggregate would have a materially adverse effect on the business, properties, prospects or financial condition of the Company.
Environmental and Safety Regulations. The Company is in compliance with all applicable Environmental Laws and to the Company's knowledge no portion of the Leasehold Property has been used as a land fill. There currently are not any Hazardous Materials generated, manufactured, released, stored, or to the Selling Stockholders' and Tate'x xxxwledge, buried or deposited over, beneath, in or on (or used in the construction of or renovation of) the Leasehold Property in violation of applicable Environmental Laws which could have a material adverse effect on the business, operations, properties or financial condition of the Company.
Environmental and Safety Regulations. The Company knows of no violation or violations by the Company, its employees or agents of any environmental or safety statute, law or regulation that in the aggregate would have a material adverse effect on the business, properties, prospects or financial condition of the Company and, to the best of its knowledge, no material expenditures are or will be required in order to comply with any such existing statute, law or regulation. No action, proceeding, permit revocation, writ, injunction or claim is pending or, to the best of the Company's knowledge, threatened concerning the Company's facilities and the Company is not aware of any fact or circumstance which could involve the Company in any environmental litigation or impose any material environmental liability upon the Company. As of the Closing, no Hazardous Material (as defined below) is present on any Company facility and, to the best of the Company's knowledge, no reasonable likelihood exists that any Hazardous Material present on other property will come to be present on a Company facility. There are no underground storage tanks, asbestos or PCBs present on any Company facility. For the purposes of this Section, the term "Hazardous Material" shall mean any material or substance that is prohibited or regulated by any
Environmental and Safety Regulations. The Corporation knows of no ------------------------------------- violation or violations by the Corporation, its employees or agents of any environmental or safety statute, law or regulation that in the aggregate would have a Material Adverse Effect, and, to the best of its knowledge, no material expenditures are or will be required in order to comply with any such existing statute, law or regulation. No action, proceeding, permit revocation, writ, injunction or claim is pending or, to the Corporation's knowledge, threatened concerning the Corporation's facilities and the Corporation is not aware of any fact or circumstance which could involve the Corporation in any environmental litigation or impose any material environmental liability upon the Corporation. As of the Closing Date, no Hazardous Material (as defined below) is present on any Corporation facility and, to the Corporation's knowledge, no reasonable likelihood exists that any Hazardous Material present on other property will come to be present on a Corporation facility. There are no underground storage tanks, asbestos or PCBs present on any Corporation facility. For the purposes of this Section 7.22 the term "Hazardous Material" shall mean any material or substance that is prohibited or regulated by any environmental law or that has been designated by any governmental authority to be radioactive, toxic, hazardous or otherwise a danger to health, reproduction or the environment.
Environmental and Safety Regulations. The Company is in compliance with all federal, state and local environmental laws, rules, regulations, standards and requirements, including, without limitation, those respecting the generation, handling, storage and disposition of hazardous materials, and Seller knows of no violation or violations by the Company, any subsidiary, or their respective employees or agents, of any environmental or safety regulation that would have an adverse effect on the business, properties, prospects or financial condition of the Company.
Environmental and Safety Regulations. Each of the Borrowers and each of QDI's Subsidiaries are in compliance with all requirements of applicable federal, state and local environmental, pollution control, health and safety statutes, laws and regulations except for any noncompliance which, individually or in the aggregate, could not result in a Material Adverse Occurrence with respect to such Borrower or such Subsidiary and are not the subject of any federal or state investigation evaluating whether any remedial action is needed to respond to a release of any toxic or hazardous waste or substance into the environment. Each of the Borrowers further represents and warrants that (i) the Real Property and its intended use complies with all applicable laws, governmental regulations and the terms of any enforcement action by any federal, state, regional or local governmental agency, including, without limitation, all applicable federal, state and local laws pertaining to air and water quality, hazardous waste, waste disposal and other environmental matters (including, but not limited to, the Clean Water, Clean Air, Federal Water Pollution Control, Solid Waste Disposal, Resource Conservation and Recovery and Comprehensive Environmental Response, Compensation, and Liability Acts, as said acts may be amended), and the rules, regulations and ordinances of all applicable federal, state and local agencies and bureaus, except in each case for any noncompliance which, individually or in the aggregate, could not result in a Material Adverse Occurrence and (ii) no notice, demand, request for information, citation, summons or order has been issued, no complaint has been filed, no penalty has been assessed and no investigation or review is pending or threatened by any governmental or other entity with respect to any alleged failure by the Borrowers, or either of them, or any of QDI's Subsidiaries to comply in any respect with any of such environmental laws except for any such liability for which an adequate book reserve in accordance with GAAP shall have been set aside in respect thereto.
Environmental and Safety Regulations. Seller and SACC know of no violation by itself or the Subsidiary of any environmental or safety regulation that would have a material adverse effect on the business, properties, prospects or financial condition of SACC or the Subsidiary, and Seller shall hold Purchaser harmless from any such violation by Seller with respect to the premises in Grand Rapids, Michigan rented by Seller to SACC, provided the violation does not result from an act or acts of SACC or its employees.
