Environmental Claims. Each Obligor shall inform the Agent, in writing as soon as reasonably practical upon becoming aware of the same: (a) if any Environmental Claim (not of a frivolous or vexatious nature) has been commenced or (to the best of its knowledge and belief) threatened against any Material Group Company; or (b) of any facts or circumstances which will or are reasonably likely to result in any Environmental Claim (not of a frivolous or vexatious nature) being commenced or threatened against any Material Group Company, where the claim would be reasonably likely, if determined against that Material Group Company, to have a Material Adverse Effect.
Appears in 11 contracts
Samples: Credit Facility Agreement, Credit Facilities Agreement (Gold Fields LTD), Credit Facility Agreement (Gold Fields LTD)
Environmental Claims. Each Obligor shall inform the Facility Agent, in writing as soon as reasonably practical upon becoming aware of the same:
(a) 19.10.1 if any Environmental Claim (not of a frivolous or vexatious nature) has been commenced or (to the best of its knowledge and belief) threatened against any Material Group Company; or
(b) 19.10.2 of any facts or circumstances which will or are reasonably likely to result in any Environmental Claim (not of a frivolous or vexatious nature) being commenced or threatened against any Material Group Company, where the claim would be reasonably likely, if determined against that Material Group Company, to have a Material Adverse Effect.
Appears in 8 contracts
Samples: Revolving Credit Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Gold Fields LTD)
Environmental Claims. Each Obligor shall inform the AgentLender, in writing as soon as reasonably practical upon becoming aware of the same:
(a) 19.8.1 if any Environmental Claim (not of a frivolous or vexatious nature) has been commenced or (to the best of its knowledge and belief) threatened against any Material Group Company; or
(b) 19.8.2 of any facts or circumstances which will or are reasonably likely to result in any Environmental Claim (not of a frivolous or vexatious nature) being commenced or threatened against any Material Group Company, where the claim would be reasonably likely, if determined against that Material Group Company, to have a Material Adverse Effect.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Gold Fields LTD)
Environmental Claims. Each Obligor shall inform the Agent, in writing as soon as reasonably practical upon becoming aware of the same:
(a) if any Environmental Claim (not of a frivolous or vexatious nature) has been commenced or (to the best of its knowledge and belief) threatened against any Material Group Company; or
or Table of Contents (b) of any facts or circumstances which will or are reasonably likely to result in any Environmental Claim (not of a frivolous or vexatious nature) being commenced or threatened against any Material Group Company, where the claim would be reasonably likely, if determined against that Material Group Company, to have a Material Adverse Effect.
Appears in 1 contract