Environmental Defect. An Asset shall be deemed to have an “Environmental Defect” if Buyer discovers that such Asset is subject to a condition constituting a violation of Environmental Laws.
Appears in 4 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Cubic Energy Inc), Purchase and Sale Agreement (Gastar Exploration USA, Inc.)
Environmental Defect. An Asset shall be deemed to have an “Environmental Defect” if Buyer Xxxxx discovers that such Asset is subject to a condition constituting a violation of Environmental Laws.
Appears in 1 contract
Samples: Purchase and Sale Agreement