Environmental Fines Sample Clauses

Environmental Fines. Seller shall upon demand, promptly pay all fines and assessments that Seller is not disputing in good faith and by appropriate proceedings, and that are attributable to (a) Seller's operation of Equipment which was not in compliance with applicable federal, state, and local laws or regulations relating to environmental protection or (b) Seller's failure to possess all required Environmental Permits; such fine or assessment shall be payable to any agency enforcing compliance with such laws and regulations or payable to the Purchaser if the Purchaser has previously paid such fines or assessments.
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Environmental Fines. Each Seller shall upon demand, promptly (but not before due) pay all fines and assessments that either Seller is not disputing in good faith and by appropriate proceedings, and that are attributable to (a) either Seller's operation of Equipment which was not in compliance with applicable federal, state, and local laws or regulations relating to environmental protection or (b) either Seller's failure to possess all required Environmental Permits; such fine or assessment shall be payable to any agency enforcing compliance with such laws and regulations or to the Purchaser should the Purchaser be required to pay such fine or assessment. Purchaser shall, and Sellers shall not, be liable for any fines and assessments that are attributable to (a) Purchaser' operation of Equipment or the Facility which is not in compliance with applicable federal, state, and local laws or regulations relating to environmental protection following Closing or (b) after the expiration of a reasonable period following the application by Purchaser (with the assistance of Sellers) following Closing for transference of the Environmental Permits, Purchaser's failure to possess all required Environmental Permits.
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Environmental Fines. 47 11.16 Removal of Excluded Assets...............................................................48 11.17
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Environmental Fines. 39 7.14 Renegotiation of Equipment Leases. . . . . . . . . . . 39 7.15 Transferred Benefit Plans/Plan Information . . . . . . 39 7.16 Payoff of Debts. . . . . . . . . . . . . . . . . . . . 40 7.17
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Environmental Fines. 46 7.14 Treatment of `Boneyards'......................................................46 7.15 Protection of Cyber Technologies Assets.......................................46 7.16 Seller Access and Information.................................................47
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Environmental Fines. Seller and Shareholder shall upon demand, promptly (but not before due) pay all fines and assessments that Seller or Shareholder is not disputing in good faith and by appropriate proceedings, and that are attributable to (a) Seller's operation of Equipment which was not in compliance with Environmental Laws, (b) Seller's failure to possess all required Environmental Permits; such fine or assessment shall be payable to any Governmental Authority enforcing compliance with such laws and regulations or to the Purchaser should the Purchaser be required to pay such fine or assessment or (c) Seller's ownership or operation of the Business or the Acquired Assets in any other respect.
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Environmental Fines. Section 8.18 Environmental Permits.................................Section 5.16(b)(v) ERISA Affiliate.......................................Section 5.18(b)(vi) Escrow Account........................................Section 2.4
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Environmental Fines. The Company shall upon demand, promptly (but not before due) pay all fines, penalties, and assessments due on or before the Closing ("Environmental Fines") that the Company is not disputing in good faith and by appropriate proceedings, and that are attributable to (a) the Company's operation of Equipment which was not in compliance with applicable Environmental Laws, (b) the Company's failure to possess all required Environmental Permits, or (c) violation of applicable Environmental Laws; such Environmental Fines shall be paid directly to any agency enforcing compliance with such Environmental Laws and Environmental Permits.
Sample 1
Environmental Fines. 39 7.14 Renegotiation of Equipment Leases............................. 39 7.15 Transferred Benefit Plans/Plan Information ................... 39 7.16 Payoff of Debts............................................... 40 7.17
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Related to Environmental Fines

  • Environmental Matters; Environmental Reviews (a) Each Restricted Person will comply in all material respects with all Environmental Laws now or hereafter applicable to such Restricted Person as well as all contractual obligations and agreements with respect to environmental remediation or other environmental matters and shall obtain, at or prior to the time required by applicable Environmental Laws, all environmental, health and safety permits, licenses and other authorizations necessary for its operations and will maintain such authorizations in full force and effect.

  • Environmental and Safety Laws To its knowledge, the Company is not in violation of any applicable statute, law or regulation relating to the environment or occupational health and safety, and to its knowledge, no material expenditures are or will be required in order to comply with any such existing statute, law or regulation.

  • Environmental and Safety Matters Except as disclosed in Schedule 4.13:

  • Environmental Site Assessments Upon request by Landlord during the Term of this Lease, prior to the exercise of any renewal Term and/or prior to vacating the Premises, Tenant will obtain and submit to Landlord an environmental site assessment from an environmental consulting company reasonably acceptable to Landlord.

  • Environmental Events The Borrower will give notice to the Agent within five (5) Business Days of becoming aware of (i) any potential or known Release, or threat of Release, of any Hazardous Substances in violation of any applicable Environmental Law; (ii) any violation of any Environmental Law that the Borrower, any Guarantor or any of their respective Subsidiaries reports in writing or is reportable by such Person in writing (or for which any written report supplemental to any oral report is made) to any federal, state or local environmental agency or (iii) any inquiry, proceeding, investigation, or other action, including a written notice from any agency of potential environmental liability, of any federal, state or local environmental agency or board, that in any case involves (A) a Mortgaged Property, (B) any other Real Estate and could reasonably be expected to have a Material Adverse Effect or (C) the Agent’s liens or security title on the Collateral pursuant to the Security Documents.

  • Environmental Site Assessment Lender shall have the right, at any time and from time to time, to undertake an environmental site assessment on the Property, including any testing that Lender may determine, in its sole discretion, is necessary or desirable to ascertain the environmental condition of the Property and the compliance of the Property with Requirements of Environmental Laws. Borrower shall cooperate fully with Lender and its consultants performing such assessments and tests. If Lender undertakes such assessments because Lender reasonably believes contamination has occurred, or if the assessment reveals contamination not previously known to Lender, the expense of such assessment shall be paid by the Borrower. Otherwise, any such assessment shall be at Lender's expense.

  • Environmental Compliance The Borrower and its Subsidiaries conduct in the ordinary course of business a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for violation of any Environmental Law on their respective businesses, operations and properties, and as a result thereof the Borrower has reasonably concluded that such Environmental Laws and claims could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Environmental Permit the use, handling, generation, storage, treatment, Release or disposal of Hazardous Materials at any property owned or leased by it or any of its Subsidiaries, except in compliance in all material respects with Environmental Laws.

  • Environmental Law Compliance The use which the Borrower or any of its Restricted Subsidiaries intends to make of any real Property owned by it will not result in the disposal or other release of any Hazardous Substance or solid waste on or to such real Property in violation of any Environmental Law, except any such violation which is not, and would not reasonably be expected to cause, a Material Adverse Change. As used herein, the term "release" as used in this Section shall have the meanings specified in CERCLA (as defined in the definition of applicable Environmental Laws), and the terms "solid waste" and "disposal" shall have the meaning specified in RCRA (as defined in the definition of applicable Environmental Laws); provided, however, that if CERCLA or RCRA is amended so as to broaden or narrow the meaning of any term defined thereby, such broader or narrower meaning shall apply subsequent to the effective date of such amendment; and provided further, to the extent that any other law applicable to the Borrower, any of its Restricted Subsidiaries or any of their properties and assets establishes a meaning for "hazardous substance," "release," "solid waste," or "disposal" which is broader than that specified in either CERCLA or RCRA, such broader meaning shall apply. The Borrower and each Restricted Subsidiary agrees to indemnify and hold the Administrative Agent and each Lender harmless from and against, and to reimburse them with respect to, any and all claims, damages, losses, liabilities and expenses (including reasonable attorneys' fees and courts costs) asserted or awarded against or incurred by any of them by reason of or arising out of transactions contemplated by this Agreement and (a) the failure of the Borrower or any of its Restricted Subsidiaries to perform any obligation hereunder regarding asbestos or applicable Environmental Laws, (b) any violation by the Borrower or Restricted Subsidiary on or before the Release Date of any applicable Environmental Law in effect on or before the Release Date, and (c) any act, omission, event or circumstance existing or occurring on or prior to the Release Date, involving the presence on such real Property or release from such real Property of Hazardous Substances or solid wastes disposed of or otherwise released on or prior to the Release Date, resulting from or in connection with the ownership by the Borrower or any Restricted Subsidiary of the real Property, regardless of whether the act, omission, event or circumstance constituted a violation of any applicable Environmental Law at the time of its existence or occurrence, or whether the act, omission, event or circumstance is caused by or relates to the negligence of any indemnified Person; provided, that the Borrower shall not be under any obligation to indemnify the Administrative Agent or any Lender to the extent that any such liability arises as the result of the gross negligence or willful misconduct of such Person, as finally judicially determined by a court of competent jurisdiction. The provisions of this Section shall survive the Release Date and shall continue thereafter in full force and effect.

  • Environmental Studies Promptly conduct and complete, at Borrower’s expense, all such investigations, studies, samplings and testings as may be requested by Lender or any governmental authority relative to any substance, or any waste or by-product of any substance defined as toxic or a hazardous substance under applicable federal, state, or local law, rule, regulation, order or directive, at or affecting any property or any facility owned, leased or used by Borrower.

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