Common use of Environmental Expenses Clause in Contracts

Environmental Expenses. Notwithstanding the provisions of Section 8.05(a) and Section 8.05(b) above, expenses and other costs incurred in connection with compliance with any Environmental Laws applicable to the transactions contemplated hereby shall be paid by the party that after the Distribution Date will, or that this Agreement contemplates will, own the assets or operate the business subject to such Environmental Laws.

Appears in 4 contracts

Samples: Distribution Agreement (Ada-Es Inc), Distribution Agreement (Ada-Es Ing), Distribution Agreement (Earth Sciences Inc)

AutoNDA by SimpleDocs

Environmental Expenses. Notwithstanding the provisions of Section 8.05(aSECTION 8.05(A) and Section 8.05(bSECTION 8.05(B) above, expenses and other costs incurred in connection with compliance with any Environmental Laws applicable to the transactions contemplated hereby shall be paid by the party that after the Distribution Date will, or that this Agreement contemplates will, own the assets or operate the business subject to such Environmental Laws. SECTION 8.06.

Appears in 3 contracts

Samples: Distribution Agreement (Newport News Shipbuilding Inc), Appendix a Distribution Agreement (Newport News Shipbuilding Inc), Exhibit 2 (Newport News Shipbuilding Inc)

Environmental Expenses. Notwithstanding the provisions of Section 8.05(a8.04(a) and Section 8.05(b8.04(b) above, expenses and other costs incurred in connection with compliance with any Environmental Laws applicable to the transactions contemplated hereby shall be paid by the party that after the Distribution Date will, or that this Agreement contemplates will, own the assets or operate the business subject to such Environmental Laws.

Appears in 2 contracts

Samples: Distribution Agreement (National Patent Development Corp), Distribution Agreement (National Patent Development Corp)

AutoNDA by SimpleDocs

Environmental Expenses. Notwithstanding the provisions provision of Section 8.05(aSECTION 8.05(A) and Section 8.05(bSECTION 8.05(B) above, expenses and other costs incurred in connection with compliance with any Environmental Laws applicable to the transactions contemplated hereby shall be paid by the party Party that after the Distribution Date will, or that this Agreement contemplates contemplated will, own the assets or operate the business subject to such Environmental Laws.

Appears in 1 contract

Samples: Distribution Agreement (Single Source Electronic Transactions Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.