Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect: (a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law. (b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof. (c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened. (d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law. (e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business. (f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 12 contracts
Samples: Credit Agreement (Boston Scientific Corp), Credit Agreement (Boston Scientific Corp), Credit Agreement (Boston Scientific Corp)
Environmental Matters. Except 2.36.1 The business and operations of the Company, and each of its Subsidiaries, have been and are being conducted in compliance with all applicable laws, ordinances, rules, regulations, licenses, permits, approvals, plans, authorizations or requirements relating to occupational safety and health, or pollution, or protection of health or the environment (including, without limitation, those relating to emissions, discharges, releases or threatened releases of pollutants, contaminants or hazardous or toxic substances, materials or wastes into ambient air, surface water, groundwater or land, or relating to the extent that manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of chemical substances, pollutants, contaminants or hazardous or toxic substances, materials or wastes, whether solid, gaseous or liquid in nature) of any governmental department, commission, board, bureau, agency or instrumentality of the United States, any state or political subdivision thereof, or to the knowledge of the Company, any foreign jurisdiction (“Environmental Laws”), and all applicable judicial or administrative agency or regulatory decrees, awards, judgments and orders relating thereto, except where the failure of the following statements to be true and correct could in such compliance would not be reasonably be expected expected, individually or in the aggregate, to have a Material Adverse Effect:
(a) The facilities Change; and properties owned, leased or operated by neither the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any notice of violationfrom any governmental instrumentality or any third party alleging any material violation thereof or liability thereunder (including, alleged violation, non-compliancewithout limitation, liability for costs of investigating or potential liability regarding environmental matters remediating sites containing hazardous substances and/or damages to natural resources).
2.36.2 There has been no storage, generation, transportation, use, handling, treatment, Release or compliance with Environmental Laws with regard to threat of Release of Hazardous Materials (as defined below) by or caused by the Company or any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
its Subsidiaries (d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany, threatenedany other entity (including any predecessor) for whose acts or omissions the Company or any of its Subsidiaries is or could reasonably be expected to be liable) at, on, under or from any Environmental Law to which property or facility now or previously owned, operated or leased by the Borrower Company or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersof its Subsidiaries, or other administrative or judicial requirements outstanding at, on, under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, any other property or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businessfacility, in violation of, or in amounts of any Environmental Laws or in a manner or amount or to a location that could reasonably be expected to result in any liability under any Environmental Law, except for any violation or liability which would not, individually or in the aggregate, have a Material Adverse Change. “Hazardous Materials” means any material, chemical, substance, waste, pollutant, contaminant, compound, mixture, or constituent thereof, in any form or amount, including petroleum (including crude oil or any fraction thereof) and petroleum products, natural gas liquids, asbestos and asbestos containing materials, naturally occurring radioactive materials, brine, and drilling mud, regulated or which can give rise to liability underunder any Environmental Law. “Release” means any spilling, Environmental Lawsleaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing, depositing, dispersing, or migrating in, into or through the environment, or in, into from or through any building or structure.
Appears in 11 contracts
Samples: Underwriting Agreement (Ammo, Inc.), Underwriting Agreement (Ammo, Inc.), Underwriting Agreement (Muscle Maker, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as could not reasonably be expected to have a Material Adverse Effect:
(ai) The facilities properties of the Credit Parties and properties owned, leased or operated by the Borrower or any of its their Subsidiaries (the “Properties”) do not contain, and to their knowledge have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (iA) constitute or constituted a violation of, of applicable Environmental Laws or (iiB) could reasonably be expected to give rise to liability under, any under applicable Environmental Law.Laws;
(bii) The Properties properties of the Credit Parties and their Subsidiaries and all operations at the Properties conducted in connection therewith are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is are no contamination Hazardous Materials at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties such operations in amounts or the business operated by the Borrower or any of its Subsidiaries (the “Business”) concentrations which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.such properties;
(ciii) Neither any of the Borrower Credit Parties nor any of its Subsidiaries Subsidiary thereof has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to Laws, nor does any of the Properties Credit Parties or the Business, nor does the Borrower any Subsidiary thereof have knowledge or reason to believe that any such notice will be received or is being threatened.;
(div) To the knowledge of the Credit Parties, Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties properties of the Credit Parties or any of their Subsidiaries in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor nor, to the knowledge of the Credit Parties, have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that which could reasonably be expected to give rise to liability under, any applicable Environmental Law.Laws;
(ev) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the BorrowerCredit Parties, threatened, under any Environmental Law to which any of the Borrower Credit Parties or any Subsidiary is or thereof will be named as a party with respect to the Properties or the Businessparty, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties properties or operations of the Business.Credit Parties and their Subsidiaries; and
(fvi) There To the knowledge of the Credit Parties, there has been no release release, or to the best of the Credit Parties' knowledge, the threat of release release, of Hazardous Materials of Environmental Concern at or from the Properties, or arising from or related to the operations properties of the Borrower Credit Parties or any Subsidiary in connection with the Properties or otherwise in connection with the Businessof their Subsidiaries, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 10 contracts
Samples: Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)
Environmental Matters. Except to (i) The operations of and the extent that real property owned or operated by the Borrower and each of its Subsidiaries are in compliance with all applicable Environmental Laws except where the failure of the following statements to be true and correct in compliance, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect:
; (aii) The facilities and properties owned, leased or operated by the Borrower and each of its Subsidiaries has obtained and will continue to maintain all Environmental Permits, and all such Environmental Permits are in good standing and the Borrower and its Subsidiaries are in compliance with all terms and conditions of such Environmental Permits, except where failure to so obtain, maintain or comply, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect; (iii) neither the Borrower nor any of its Subsidiaries nor any of their present or past properties or operations (whether owned or leased) is subject to: (A) any Environmental Claim or other written claim, request for information, judgment, order, decree or agreement from or with any Governmental Authority or private party related to any material violation of or material non-compliance with Environmental Laws or Environmental Permits to the “Properties”) do not contain, and have not previously contained, extent any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) the foregoing could reasonably be expected to give rise have a Material Adverse Effect, (B) any pending or, to liability underthe knowledge of the Borrower, threatened judicial or administrative proceeding, action, suit or investigation related to any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Laws or Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) Permits which could reasonably be expected to materially interfere with have a Material Adverse Effect, (C) any Remedial Action which if not taken could reasonably be expected to have a Material Adverse Effect or (D) any liabilities, obligations or costs arising from the continued operation Release or substantial threat of a material Release of a Contaminant into the Properties environment where such Release or Business or materially impair the fair saleable value thereof.
substantial threat of a material Release could reasonably be expected to have a Material Adverse Effect; (civ) Neither neither the Borrower nor any of its Subsidiaries has received any written notice or claim to the effect that the Borrower or any of violation, alleged violation, non-compliance, liability its Subsidiaries is or potential liability regarding environmental matters or compliance with Environmental Laws with regard may be liable to any Person as a result of the Properties Release or substantial threat of a material Release of a Contaminant into the Businessenvironment, which notice or claim could reasonably be expected to result in a Material Adverse Effect, and (v) no Environmental Lien has attached to any property (whether owned or leased) of the Borrower or of any of its Subsidiaries which could, if determined adversely to Borrower or any of its Subsidiaries, reasonably be expected to have a Material Adverse Effect, nor does are there any facts or circumstances currently known to the Borrower have knowledge or reason to believe any of its Subsidiaries that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could may reasonably be expected to give rise to liability under, any such an Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental LawLien.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 10 contracts
Samples: Credit Agreement (Huntsman CORP), Credit Agreement (Huntsman International LLC), Credit Agreement (Huntsman International LLC)
Environmental Matters. (a) Except to the extent that the failure of the following statements to as would not have or be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Each of the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business businesses operated by the Borrower a Credit Party or any of its Subsidiaries (the “BusinessBusinesses”) which could ), and there are no conditions relating to the Businesses or Properties that would be reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofgive rise to liability under any applicable Environmental Laws.
(cii) Neither the Borrower No Borrower, nor any of its Subsidiaries Subsidiaries, has received any written notice of of, or inquiry from any Governmental Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters Hazardous Materials or compliance with Environmental Laws with regard to any of the Properties or the BusinessBusinesses, nor does the any Borrower or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatened.
(diii) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofProperties, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties or any other location, in violation each case by, or on behalf or with the permission of, any Borrower or any of its Subsidiaries in a manner that could would reasonably be expected to give rise to liability under, under any applicable Environmental Law.
(eiv) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrowerany Borrower or any of its Subsidiaries, threatened, under any Environmental Law to which the any Borrower or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the Businessparty, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to any Borrower or any of its Subsidiaries, the Properties or the BusinessBusinesses, in any amount reportable under the federal Comprehensive Environmental Response, Compensation and Liability Act or any analogous state law, except releases in compliance with all Environmental Laws.
(fv) There has been no release or threat of release of Hazardous Materials of Environmental Concern at or from the Properties, or arising from or related to the operations (including, without limitation, disposal) of the a Borrower or any Subsidiary of its Subsidiaries in connection with the Properties or otherwise in connection with the BusinessBusinesses except in compliance with Environmental Laws.
(vi) None of the Properties contains, or to the best knowledge of the Borrowers and their Subsidiaries has previously contained, any Hazardous Materials at, on or under the Properties in amounts or concentrations that, if released, constitute or constituted a violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
(vii) No Borrower, nor any of its Subsidiaries, has assumed any liability of any Person (other than a Borrower) under any Environmental Law.
(b) Each Borrower, and each of its Subsidiaries, has adopted procedures that are designed to (i) ensure that each such party, any of its operations and each of the properties owned or leased by such party remains in compliance with applicable Environmental Laws and (ii) minimize any liabilities or potential liabilities that each such party, any of its operations and each of the properties owned or leased by each such party may have under applicable Environmental Laws.
Appears in 9 contracts
Samples: Term Loan Agreement (Brandywine Operating Partnership, L.P.), Revolving Credit Agreement (Brandywine Operating Partnership, L.P.), Revolving Credit Agreement (Brandywine Operating Partnership, L.P.)
Environmental Matters. Except to as individually or in the extent that the failure of the following statements to be true and correct could aggregate would not reasonably be expected to have result in a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Parent Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations or under circumstances which (i) constitute or constituted a violation of, or (ii) could would reasonably be expected to give have given rise to liability undera release or a threat of release, as regulated or defined, under any Environmental Law.
(b) The Properties and all operations at the Properties are in material compliance, and have in the last five years been in material compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Parent Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with ). Neither the continued operation Parent Borrower nor any of its Subsidiaries has contractually assumed any liability of any other Person under Environmental Laws other than in the Properties or Business or materially impair the fair saleable value thereofordinary course of business.
(c) Neither the Parent Borrower nor any of its Subsidiaries has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability liability, judicial proceeding or governmental or administrative action or consent decrees or other decrees, consent orders, administrative orders or other orders, regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Parent Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could would reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could would reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the properties previously owned or operated by the Parent Borrower or any Subsidiary (the “Former Properties”) during such period of ownership or operation, or arising from or related to the operations of the Parent Borrower or any Subsidiary in connection with the Former Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could would reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 8 contracts
Samples: Credit Agreement (CONMED Corp), Credit Agreement (CONMED Corp), Credit Agreement (Conmed Corp)
Environmental Matters. Except to the extent that the failure all of the following statements to be true and correct following, in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower each Loan Party or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Hazardous Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, compliance in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower any Loan Party or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofProperties.
(c) Neither the Borrower any Loan Party nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with any Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower any Loan Party have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) No Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrowerany Loan Party, threatened, under any Environmental Law to which the Borrower any Loan Party or any Subsidiary thereof is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersagreements which impose obligations, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Hazardous Materials of Environmental Concern at at, under or from the Properties, or arising from or related to the operations of the Borrower any Loan Party or any Subsidiary thereof in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 7 contracts
Samples: Credit Agreement (Cpi Aerostructures Inc), Credit Agreement (Cpi Aerostructures Inc), Credit Agreement (Napco Security Technologies, Inc)
Environmental Matters. (a) Except as disclosed in the Disclosure Documents or to the extent that the failure of the following statements to be true and correct could resulting violation or liability would not reasonably be expected to have result individually or in the aggregate, in a Material Adverse Effect:
(a) The facilities and , all properties now or in the past owned, leased or operated by the Borrower now or any of its Subsidiaries (in the “Properties”) past do not contain, and to their knowledge have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (iA) constitute or constituted a violation of, of applicable Environmental Laws or (iiB) could give rise to liability under applicable Environmental Laws;
(b) Except as disclosed in the Disclosure Documents or to the extent that the resulting violation or liability would not reasonably be expected to give rise result individually or in the aggregate, in a Material Adverse Effect, to liability underthe knowledge of the Borrower, any Environmental Law.
(b) The Properties the Borrower and such properties and all operations at the Properties conducted in connection therewith are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) such operations which could reasonably be expected to materially interfere with the continued operation of the Properties such properties or Business or materially impair the fair saleable value thereof.;
(c) Neither Except as disclosed in the Disclosure Documents or to the extent that the resulting violation or liability would not reasonably be expected to result individually or in the aggregate, in a Material Adverse Effect, the Borrower nor any of its Subsidiaries has not received any written or verbal notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters matters, Hazardous Materials, or compliance with Environmental Laws with regard to any of the Properties or the BusinessLaws, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(d) Except as disclosed in the Disclosure Documents or to the extent that the resulting violation or liability would not reasonably be expected to result individually or in the aggregate, in a Material Adverse Effect, to the knowledge of the Borrower, Hazardous Materials of Environmental Concern have not been disposed of, on or transported to or disposed of from the Properties properties now or in the past owned, leased or operated by the Borrower in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.Laws;
(e) No Except as disclosed in the Disclosure Documents or to the extent that the resulting violation or liability would not reasonably be expected to result individually or in the aggregate, in a Material Adverse Effect, no judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a potentially responsible party with respect to the Properties such properties or the Businessoperations conducted in connection therewith, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties Borrower or such properties or such operations that could reasonably be expected, individually or in the Business.aggregate, to have a Material Adverse Effect; and
(f) There Except as disclosed in the Disclosure Documents or to the extent that the resulting violation or liability would not reasonably be expected to result individually or in the aggregate, in a Material Adverse Effect, there has been no release release, or to the best of the Borrower’s knowledge, threat of release release, of Hazardous Materials of Environmental Concern at or from properties owned, leased or operated by the PropertiesBorrower, now or arising from or related to in the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businesspast, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder Environmental Laws that could reasonably be expected, Environmental Lawsindividually or in the aggregate, to have a Material Adverse Effect.
Appears in 7 contracts
Samples: Five Year Credit Agreement (South Carolina Electric & Gas Co), Five Year Credit Agreement (South Carolina Electric & Gas Co), Five Year Credit Agreement (South Carolina Electric & Gas Co)
Environmental Matters. Except During the period that Parent has leased or owned its properties or leased, owned or operated any facilities, there have been no disposals, releases or threatened releases of Hazardous Materials (as defined below) on, from or under any such properties or facilities that would have a Material Adverse Effect on Parent. Parent has no knowledge of any presence, disposals, releases or threatened releases of Hazardous Materials on, from or under any of such properties or facilities, which may have occurred prior to the extent that the failure Parent or any of the following statements to be true and correct could not its subsidiaries having taken possession of any of such properties or facilities which might reasonably be expected to have a Material Adverse Effect:
(a) The Effect on Parent. None of the properties or facilities and properties owned, currently leased or operated owned by the Borrower Parent or any of its Subsidiaries (subsidiaries or any properties or facilities previously leased or owned by Parent or any of its subsidiaries is in violation of any federal, state or local law, ordinance, regulation or order relating to industrial hygiene or to the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination atenvironmental conditions on, under or about the Properties such properties or facilities, including, but not limited to, soil and ground water condition which violation would have a Material Adverse Effect on Parent. During Parent's occupancy of any Environmental Law with respect properties or facilities owned or leased at any time by Parent, neither Parent, nor to Parent's knowledge, any third party, has used, generated, manufactured, released or stored on, under or about such properties and facilities or transported to or from such properties and facilities any Hazardous Materials that would have or is reasonably likely to have a Material Adverse Effect on Parent. During the Properties or the business operated by the Borrower time that Parent or any of its Subsidiaries (subsidiaries has owned or leased the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties properties and facilities currently occupied by it or Business any properties and facilities previously occupied by Parent or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries subsidiaries, there has received any notice of violationbeen no material litigation, alleged violation, non-compliance, liability proceeding or potential liability regarding environmental matters administrative action brought or compliance with Environmental Laws with regard to threatened against Parent or any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofits subsidiaries, or in a manner any material settlement reached by Parent or to a location which could reasonably be expected to give rise to liability underany of its subsidiaries with, any Environmental Lawparty or parties alleging the presence, nor have disposal, release or threatened release of any Hazardous Materials of Environmental Concern been generatedon, treated, stored or disposed of at, on from or under any of the Properties in violation of, such properties or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Lawfacilities.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 6 contracts
Samples: Common Stock and Warrant Agreement (Neoforma Com Inc), Common Stock and Warrant Agreement (Vha Inc), Common Stock and Warrant Agreement (Neoforma Com Inc)
Environmental Matters. Except as set forth in or contemplated by the financial statements or other reports of the type referred to in Section 5.03 hereof and that have been delivered to the Lenders on or prior to the date hereof, the Borrower and each of its Subsidiaries has complied in all material respects with all Federal, state, local and other statutes, ordinances, orders, judgments, rulings and regulations relating to environmental pollution or to environmental or nuclear regulation or control, except to the extent that the failure of the following statements to be true and correct so comply could not reasonably be expected to have result in a Material Adverse Effect:
(a) The facilities and properties ownedChange. Except as set forth in or contemplated by such financial statements or other reports, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither neither the Borrower nor any of its Subsidiaries has received any notice of violationany material failure so to comply, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any except where such notice will be received or is being threatened.
(d) Materials of Environmental Concern have failure could not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability underresult in a Material Adverse Change. Except as set forth in or contemplated by such financial statements or other reports, any Environmental Law, nor have any Materials the facilities of Environmental Concern been generated, treated, stored the Borrower or disposed of at, on or under any of its Subsidiaries, as the Properties case may be, are not used to manage any hazardous wastes, hazardous substances, hazardous materials, toxic substances, toxic pollutants or substances similarly denominated, as those terms or similar terms are used in the Resource Conservation and Recovery Act, the Comprehensive Environmental Response Compensation and Liability Act, the Hazardous Materials Transportation Act, the Toxic Substance Control Act, the Clean Air Act, the Clean Water Act or any other applicable law relating to environmental pollution, or any nuclear fuel or other radioactive materials, in violation ofin any material respect of any law or any regulations promulgated pursuant thereto, or except to the extent that such violations could not reasonably be expected to result in a manner Material Adverse Change. Except as set forth in or contemplated by such financial statements or other reports, the Borrower is aware of no events, conditions or circumstances involving environmental pollution or contamination that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or result in a manner that could reasonably be expected to give rise to liability under, Environmental LawsMaterial Adverse Change.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Txu Corp /Tx/), Revolving Credit Agreement (Txu Gas Co), Revolving Credit Agreement (Txu Corp /Tx/)
Environmental Matters. Except to the extent that the failure any of the following statements to be true and correct following, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect:
(ai) The facilities and To the knowledge of the Borrower, the properties owned, leased or operated by the Borrower or any of and its Subsidiaries (now or in the “Properties”) past do not contain, and have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which that (iA) constitute or constituted a violation of, of applicable Environmental Laws or (iiB) could reasonably be expected to give rise to liability under, any under applicable Environmental Law.Laws;
(bii) The Properties Borrower, each of its Subsidiaries and such properties and all operations at the Properties conducted in connection therewith are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and to the knowledge of the Borrower there is no contamination at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which such operations that could reasonably be expected to materially interfere with the continued operation of the Properties such properties or Business or materially impair the fair saleable value thereof.;
(ciii) Neither the Borrower nor any of its Subsidiaries Subsidiary thereof has received from any Governmental Authority, any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters Hazardous Materials or compliance with Environmental Laws with regard to any of the Properties or the BusinessLaws, nor does the Borrower or any Subsidiary thereof have knowledge or reason to believe that any such notice will be received or is being threatened.;
(div) To the knowledge of the Borrower, Hazardous Materials of Environmental Concern have not been transported or disposed of to or from the Properties properties owned, leased or operated by the Borrower and its Subsidiaries in violation of, or in a manner or to a location which that could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.Laws;
(ev) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the Borrower, threatenedovertly threatened in writing, under any Environmental Law to which the Borrower or any Subsidiary thereof is or or, to the Borrower’s knowledge will be be, named as a potentially responsible party with respect to the Properties such properties or the Businessoperations conducted in connection therewith, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties Borrower, any Subsidiary or the Business.such properties or such operations; and
(fvi) There To the knowledge of the Borrower, there has been no release or threat of release of Hazardous Materials of Environmental Concern at or from the Propertiesproperties owned, leased or arising from or related to the operations of operated by the Borrower or any Subsidiary Subsidiary, now or in connection with the Properties or otherwise in connection with the Businesspast, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 5 contracts
Samples: Term Loan Credit Agreement (CoreCivic, Inc.), Incremental Term Loan Agreement (Corrections Corp of America), Credit Agreement (Corrections Corp of America)
Environmental Matters. Except for the Disclosed Matters, to the extent that the failure knowledge of the following statements to be true and correct could not reasonably be expected to have a Material Adverse EffectBorrower:
(a) The facilities and the properties owned, leased or operated by the Borrower or any of and its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Hazardous Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) require Remedial Action under, or (iii) could reasonably be expected to give rise to liability under, any Environmental Law.Laws, which violations, Remedial Actions and liabilities, in the aggregate, would reasonably be expected to result in a Material Adverse Effect,
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither neither the Borrower nor any of its Subsidiaries has (i) have failed to comply in any material respect with any Environmental Laws or to obtain, maintain or comply with any necessary Environmental Permits, which non-compliance or failure, in the aggregate, would reasonably be expected to result in a Material Adverse Effect, or (ii) have received any notice of violation, alleged violation, non-compliance, liability an Environmental Claim in connection with the Properties or potential liability regarding environmental matters the current or compliance with Environmental Laws former operations of the Borrower or its Subsidiaries or with regard to any of the Properties or the Business, nor does Person whose liabilities for environmental matters the Borrower have knowledge or reason its Subsidiaries has retained or assumed, in whole or in part, contractually, by operation of law or otherwise, which, in the aggregate, would reasonably be expected to believe that any such notice will be received or is being threatened.result in a Material Adverse Effect,
(dc) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawProperties, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation ofProperties, or in a manner inconsistent with prudent industry practice or applicable Environmental Law that could would reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law Law, which transportation, generation, treatment, storage or disposal, in the aggregate, would reasonably be expected to which result in a Material Adverse Effect, and
(d) the Borrower or its Subsidiaries have not retained or assumed any Subsidiary is liability, contractually, by operation of law or will be named as a party otherwise, with respect to the Properties generation, treatment, storage or the Businessdisposal of Hazardous Materials, nor are there any consent decrees which retained or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businessassumed liabilities, in violation ofthe aggregate, or in amounts or in a manner that could would reasonably be expected to give rise to liability under, Environmental Lawsresult in a Material Adverse Effect.
Appears in 5 contracts
Samples: Credit Agreement (Cleco Power LLC), Credit Agreement (Cleco Power LLC), Term Loan Agreement (Cleco Corp)
Environmental Matters. Except to (a) To the extent that the failure Knowledge of the following statements to be true UPC, each UPC Company, its Participation Facilities, and correct could its Operating Properties are, and have been, in compliance with all Environmental Laws, except for violations which are not reasonably be expected likely to have have, individually or in the aggregate, a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawEffect on UPC.
(b) The Properties and all operations at To the Properties are in complianceKnowledge of UPC, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination atLitigation pending or threatened before any court, under governmental agency, or about the Properties authority or violation of other forum in which any Environmental Law with respect to the Properties or the business operated by the Borrower UPC Company or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Operating Properties or Business Participation Facilities (or materially impair UPC in respect of such Operating Property or Participation Facility) has been or, with respect to threatened Litigation, may be named as a defendant (i) for alleged noncompliance (including by any predecessor) with any Environmental Law or (ii) relating to the fair saleable value thereofrelease into the environment of any Hazardous Material, whether or not occurring at, on, under, adjacent to, or affecting (or potentially affecting) a site owned, leased, or operated by any UPC Company or any of its Operating Properties or Participation Facilities, except for such Litigation pending or threatened that is not reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on UPC, nor is there any reasonable basis for any Litigation of a type described in this sentence.
(c) Neither During the Borrower nor period of (i) any UPC Company's ownership or operation of any of its Subsidiaries has received their respective current properties, (ii) any notice UPC Company's participation in the management of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofParticipation Facility, or (iii) any UPC Company's holding of a security interest in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending orOperating Property, to the knowledge Knowledge of UPC, there have been no releases of Hazardous Material in, on, under, adjacent to, or affecting (or potentially affecting) such properties, except such as are not reasonably likely to have, individually or in the Borroweraggregate, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect Material Adverse Effect on UPC. Prior to the Properties period of (i) any UPC Company's ownership or operation of any of their respective current properties, (ii) any UPC Company's participation in the Business, nor are there management of any consent decrees or other decrees, consent orders, administrative orders or other ordersParticipation Facility, or other administrative or judicial requirements outstanding under (iii) any Environmental Law with respect UPC Company's holding of a security interest in a Operating Property, to the Properties or the Business.
(f) There has been Knowledge of UPC, there were no release or threat releases of release of Materials of Environmental Concern at or from the PropertiesHazardous Material in, on, under, or arising from affecting any such property, Participation Facility or related Operating Property, except such as are not reasonably likely to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businesshave, in violation of, individually or in amounts or in the aggregate, a manner that could reasonably be expected to give rise to liability under, Environmental LawsMaterial Adverse Effect on UPC.
Appears in 5 contracts
Samples: Agreement and Plan of Reorganization (Union Planters Corp), Agreement and Plan of Reorganization (Capital Savings Bancorp Inc), Agreement and Plan of Reorganization (Magna Bancorp Inc)
Environmental Matters. Except to (a) To the extent that the failure Knowledge of the following statements to be true UPC, each UPC Company, its Participation Facilities, and correct could its Loan Properties are, and have been, in compliance with all Environmental Laws, except those violations which are not reasonably be expected likely to have have, individually or in the aggregate, a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawEffect on UPC.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there There is no contamination atLitigation pending or, under or about the Properties or violation of any Environmental Law with respect to the Properties Knowledge of UPC, threatened before any court, governmental agency, or the business operated by the Borrower authority, or other forum in which any UPC Company or any of its Subsidiaries (the “Business”) which could Participation Facilities has been or, with respect to threatened Litigation, may reasonably be expected to materially interfere be named as a defendant (i) for alleged noncompliance (including by any predecessor) with any Environmental Law or (ii) relating to the continued operation release into the environment of any Hazardous Material, whether or not occurring at, on, under, or involving a site owned, leased, or operated by any UPC Company or any of its Participation Facilities, except for such Litigation pending or threatened that is not reasonably likely to have, individually or in the Properties or Business or materially impair the fair saleable value thereofaggregate, a Material Adverse Effect on UPC.
(c) Neither There is no Litigation pending or, to the Borrower nor Knowledge of UPC, threatened before any court, governmental agency, or board, or other forum in which any of its Subsidiaries Loan Properties (or UPC in respect of such Loan Property) has received been or, with respect to threatened Litigation, may reasonably be expected to be named as a defendant or potentially responsible party (i) for alleged noncompliance (including by any notice predecessor) with any Environmental Law or (ii) relating to the release into the environment of violationany Hazardous Material, alleged violationwhether or not occurring at, non-complianceon, liability under, or potential liability regarding environmental matters involving a Loan Property, except for such Litigation pending or compliance with Environmental Laws with regard threatened that is not reasonably likely to any of have, individually or in the Properties or the Businessaggregate, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threateneda Material Adverse Effect on UPC.
(d) Materials To the Knowledge of Environmental Concern have UPC, there is no reasonable basis for any Litigation of a type described in subsections (b) or (c), except such as is not been transported or disposed of from the Properties in violation ofreasonably likely to have, individually or in the aggregate, a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, Material Adverse Effect on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental LawUPC.
(e) No judicial proceeding To the Knowledge of UPC, during the period of (i) any UPC Company's ownership or governmental operation of any of their respective current properties, (ii) any UPC Company's participation in the management of any Participation Facility, or administrative action is pending or(iii) any UPC Company's holding of a security interest in a Loan Property, there have been no releases of Hazardous Material in, on, under, or affecting (or potentially affecting) such properties, except such as are not reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on UPC. To the Knowledge of UPC, prior to the period of (i) any UPC Company's ownership or operation of any of their respective current properties, (ii) any UPC Company's participation in the management of any Participation Facility, or (iii) any UPC Company's holding of a security interest in a Loan Property, to the knowledge Knowledge of the BorrowerUPC, threatenedthere were no releases of Hazardous Material in, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Businesson, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersunder, or other administrative or judicial requirements outstanding under affecting any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Propertiessuch property, Participation Facility, or arising from or related Loan Property, except such as are not reasonably likely to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businesshave, in violation of, individually or in amounts or in the aggregate, a manner that could reasonably be expected to give rise to liability under, Environmental LawsMaterial Adverse Effect on UPC.
Appears in 5 contracts
Samples: Merger Agreement (First Mutual Bancorp Inc), Agreement and Plan of Reorganization (Union Planters Corp), Agreement and Plan of Reorganization (Union Planters Corp)
Environmental Matters. Except to as, individually or in the extent that the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower Credit Parties or any of its their Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations of the Credit Parties and/or their Subsidiaries at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Credit Parties or any of its their Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof).
(c) Neither the Borrower Credit Parties nor any of its their Subsidiaries has have received any written or actual notice of violation, alleged violation, non-compliance, liability or potential liability regarding with respect to environmental matters or compliance with Environmental Laws with regard to regarding any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which that could reasonably be expected to give rise to liability under, under any Environmental Law, nor have any and no Materials of Environmental Concern have been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCredit Parties and their Subsidiaries, threatened, under any Environmental Law to which the Borrower any Credit Party or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower any Credit Party or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 5 contracts
Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Bridge Credit Agreement (GateHouse Media, Inc.), Credit Agreement (GateHouse Media, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as could not reasonably be expected expected, either individually or in the aggregate, to have result in a Material Adverse EffectChange:
(a) The Borrower and its Subsidiaries, their operations, facilities and properties are and for the past five years have been in compliance with all Environmental Laws.
(b) The facilities and properties currently owned, leased or operated by the Borrower or any of its Subsidiaries or, to the knowledge of the Borrower or any of its Subsidiaries, formerly owned, leased or operated by the Borrower or any of its Subsidiaries or their predecessors in interest (the “Properties”) ), do not contain, and have not previously contained, contain any Hazardous Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation ofof Environmental Law by, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in complianceLiability for, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofSubsidiaries.
(c) Neither the Borrower nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with or other liabilities under Environmental Laws or knows of any basis for any such written notices under Environmental Laws, including any with regard to their activities at any of the Properties or the Business, nor does business currently or formerly operated by the Borrower have knowledge or reason any of its Subsidiaries, or any prior business for which the Borrower or any of its Subsidiaries is subject to believe that liability under any such notice will be received or is being threatenedEnvironmental Law.
(d) Hazardous Materials of Environmental Concern have not been transported or disposed of Released from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability for the Borrower or any of its Subsidiaries under, any applicable Environmental Law, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed Released of by or on behalf of the Borrower or any of its Subsidiaries at, on on, from or under any of the Properties in violation of, of any Environmental Law or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which Liability for the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Businessof its Subsidiaries.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (CONSOL Energy Inc.), Credit Agreement (CONSOL Energy Inc.), Credit Agreement (CONSOL Energy Inc.)
Environmental Matters. Except to the extent that the failure all of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Properties do not contain, and have not previously contained, in, on, or under, including, without limitation, the soil and groundwater thereunder, any Materials of Environmental Concern in amounts or concentrations which (i) that constitute or constituted a violation of, or (ii) reasonably could reasonably be expected to give rise to liability under, any under Environmental LawLaws.
(b) The Properties and all operations and facilities at the Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the any Borrower or any of its Subsidiaries (the “Business”) Subsidiary thereof which could reasonably be expected to materially interfere with the continued operation of any of the Properties or Business or materially impair the fair saleable value of any thereof. None of the Borrowers nor any of their Subsidiaries have assumed any liability of any Person under Environmental Laws.
(c) Neither the Company nor any other Borrower nor any of its their Subsidiaries has received or is aware of any claim, notice of violation, alleged violation, non-compliance, liability investigation or advisory action or potential liability regarding environmental matters or compliance with of Environmental Laws Law with regard to any of the Properties which has not been satisfactorily resolved by the Company or the Businesssuch other Borrower or Subsidiary, nor does is the Company nor any other Borrower or Subsidiary aware or have knowledge or reason to believe that any such notice will be received or action is being contemplated, considered or threatened.
(d) Materials of Environmental Concern have not been transported generated, treated, stored, transported, disposed of, at, on, from or disposed under any of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, by any Environmental Lawof the Borrowers nor any of their Subsidiaries, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under transferred by any of the Borrowers or any of their Subsidiaries from the Properties to any other location except in violation of, either case in the ordinary course of business of the Borrowers or any Subsidiary thereof in a manner compliance with all Environmental Laws and such that it could not reasonably be expected to give rise to liability under, under any applicable Environmental Law.
(e) No There are no governmental, administrative actions or judicial proceeding or governmental or administrative action is proceedings pending or, to the best knowledge of the Borrowereach Borrower and its Subsidiaries after reasonable inquiry, threatened, contemplated or threatened under any Environmental Law Laws to which the Borrower Company or any Subsidiary is or will be named as a party with respect to the Properties or the BusinessProperties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to any of the Properties or the BusinessProperties.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations operation of the Borrower Company or any Subsidiary of its Subsidiaries in connection with the Properties or otherwise in connection with the Business, business operated by the Company or any of its Subsidiaries in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under any Environmental LawsLaw.
Appears in 4 contracts
Samples: Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc), Credit Agreement (West Pharmaceutical Services Inc)
Environmental Matters. Except As of the Closing Date, except as disclosed in the most recent SEC Filings, neither the Borrower nor any Restricted Subsidiary has knowledge of any liability or has received any notice of any liability, and no proceeding has been instituted raising any liability against the Borrower or any of its Restricted Subsidiaries or any of their respective real properties now or formerly owned, leased or operated by any of them or other assets, alleging any damage to the extent that the failure environment or violation of the following statements to be true and correct any Environmental Laws, except, in each case, such as could not reasonably be expected to have result in a Material Adverse EffectEffect individually or in the aggregate. As of the Closing Date, except as disclosed in the most recent SEC Filings, and except as otherwise disclosed in writing:
(a) The facilities and neither the Borrower nor any Restricted Subsidiary has knowledge of any facts which would give rise to any liability, public or private, for violation of Environmental Laws or damage to the environment emanating from, occurring on or in any way related to real properties now or formerly owned, leased or operated by any of them or to other assets or their use, except, in each case, such as could not reasonably be expected to result in a Material Adverse Effect;
(b) neither the Borrower nor any of its Restricted Subsidiaries has stored any Hazardous Materials on real properties now or formerly owned, leased or operated by any of them or has disposed of any Hazardous Materials in a manner contrary to any Environmental Laws in each case in any manner that could reasonably be expected to result in a Material Adverse Effect; and
(c) all buildings on all real properties now owned, leased or operated by the Borrower or any of its Restricted Subsidiaries (the “Properties”) do are in compliance with applicable Environmental Laws, except where failure to comply could not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or result in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental LawMaterial Adverse Effect.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Aar Corp), Credit Agreement (Aar Corp), Credit Agreement (Aar Corp)
Environmental Matters. (a) Except to the extent that the failure of the following statements to be true and correct could where such non-compliance or violation or liability would not reasonably be expected to have a Material Adverse Effect:
(a) The , the facilities and properties owned, leased or operated by the Borrower or any of its the Credit Parties and their Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to have resulted in liability under, any Environmental Law.
(b) The Except where such non-compliance or violation would not reasonably be expected to have a Material Adverse Effect, and to the best knowledge of the Credit Parties with respect to Properties that are leased, the Properties and all operations of the Credit Parties and their Subsidiaries at the Properties are in compliance, and have in the last five three (3) years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither Except where such non-compliance, violation or liability would not reasonably be expected to have a Material Adverse Effect, none of the Borrower nor Credit Parties or any of its Subsidiaries has received any written notice of of, or otherwise become aware of, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by any of the Credit Parties for which any of the Credit Parties has liability (the “Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened”).
(d) Except where such violation or liability would not reasonably be expected to have a Material Adverse Effect, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give has given rise to liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give has given rise to liability under, any applicable Environmental Law.
(e) No Except as would not reasonably be expected to have a Material Adverse Effect, no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrowerany Credit Party, threatened, under any Environmental Law to which any of the Borrower or Credit Parties is or, to the knowledge of any Subsidiary is or will Credit Party, would reasonably be expected to be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements directives outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There Except where such violation or remediation would not reasonably be expected to have a Material Adverse Effect, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of any of the Borrower or any Subsidiary Credit Parties in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, requiring remediation under Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Dycom Industries Inc), Credit Agreement (Dycom Industries Inc), Credit Agreement (Dycom Industries Inc)
Environmental Matters. (a) Except to the extent that the failure of the following statements to be true and correct could where such violation or liability would not reasonably be expected to have a Material Adverse Effect:
(a) The , the facilities and properties owned, leased or operated by the Borrower or any of its the Credit Parties and their Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to have resulted in liability under, any Environmental Law.
(b) The Except where such violation would not reasonably be expected to have a Material Adverse Effect, (i) the Properties and all operations of the Credit Parties and their Subsidiaries at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and (ii) there is no contamination at, at or under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries the Credit Parties (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof).
(c) Neither the Borrower nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the BusinessBusiness which would reasonably be expected to have a Material Adverse Effect, nor does the Borrower nor any of its Subsidiaries have knowledge or reason to believe that of any such notice will be received or is being threatenedthreatened notice.
(d) Except where such violation or liability would not reasonably be expected to have a Material Adverse Effect, (i) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give has given rise to liability under, under any Environmental Law, nor have any and (ii) Materials of Environmental Concern have not been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give has given rise to liability under, any applicable Environmental Law.
(e) No Except where such proceeding or action would not reasonably be expected to have a Material Adverse Effect, (i) no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrowerany Credit Party, threatened, under any Environmental Law to which any of the Borrower or any Subsidiary Credit Parties is or will be named as a party with respect to the Properties or the Business, nor and (ii) there are there any no consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements directives outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There Except where such violation or liability would not reasonably be expected to have a Material Adverse Effect, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of any of the Borrower or any Subsidiary Credit Parties in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, requiring remediation under Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Hni Corp), Credit Agreement (Hni Corp), Credit Agreement (Hni Corp)
Environmental Matters. Except to the extent that the failure as set forth on Schedule 3.17, each of the following statements to be is true and correct could correct, other than exceptions to any of the following that, in the aggregate, would not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and Each of the properties owned, leased currently owned or operated by the Borrower Company or any of its Subsidiaries (the “Properties”) do does not contain, and have has not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability to the Company or any of its Subsidiaries under, any applicable Environmental LawLaws.
(b) The Properties Company and all operations at the Properties its Subsidiaries are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and to the knowledge of a Responsible Officer of the Company there is no contamination at, under or about the Properties or violation of any applicable Environmental Law which, in the aggregate with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which all other contaminations and violations, could reasonably be expected to materially interfere with the continued operation operations or the business of the Properties or Business or materially impair the fair saleable value thereofCompany and its Subsidiaries.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe is it reasonably expected that any such notice will be received or is being threatened.
(d) To the knowledge of a Responsible Officer of the Company, (i) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could would reasonably be expected to give rise to liability underto the Company or any of its Subsidiaries under any applicable Environmental Laws, any Environmental Law, nor have any and (ii) Materials of Environmental Concern have not been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, Company’s or any of its Subsidiaries’ properties in a manner that could would reasonably be expected to give rise to liability to the Company or any of its Subsidiaries under, any applicable Environmental LawLaws.
(e) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the BorrowerCompany, threatened, under any Environmental Law to which the Borrower Company or any Subsidiary of its Subsidiaries is or to the knowledge of a Responsible Officer of the Company will be named as a party with respect or which will adversely affect the ability of the Company or any of its Subsidiaries to the Properties or the Business, conduct any part of their business nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any applicable Environmental Law with respect to the Properties Company or the Businessany of its Subsidiaries.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from any location for which the Properties, or arising from or related to the operations of the Borrower Company or any Subsidiary in connection with the Properties of its Subsidiaries is liable by contract or otherwise in connection with the Businessoperation of law, in violation of, of or in amounts or in a manner that could would reasonably be expected to give rise to liability under, to the Company or any of its Subsidiaries under any applicable Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Scotts Miracle-Gro Co), Credit Agreement (Scotts Miracle-Gro Co), Credit Agreement (Scotts Miracle-Gro Co)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could as would not reasonably be expected to have have, either individually or in the aggregate, a Material Adverse Effect:
(a) The facilities Effect on the Company, the Company and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliancecomplied, in all material respects with all applicable Environmental Laws. There are no legal, and there is no contamination atadministrative, under arbitral or about other proceedings, claims or actions, or to the Properties knowledge of the Company, any private environmental investigations or violation remediation activities or governmental investigations of any Environmental Law with respect nature seeking to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofimpose, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to result in the imposition, on the Company or any Company Subsidiary of any liability under, or obligation arising under any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is Law pending or, to the knowledge of the BorrowerCompany, threatenedthreatened against the Company, under which liability or obligation would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on the Company. To the knowledge of the Company, there is no reasonable basis for any Environmental Law such proceeding, claim, action or governmental investigation that would impose any liability or obligation that would reasonably be expected to which have, either individually or in the Borrower aggregate, a Material Adverse Effect on the Company. Neither the Company nor any Company Subsidiary has treated, stored, disposed or arranged for disposal of, transported, handled, used, released, exposed any Person to, or owned or operated any property or facility contaminated by, any Hazardous Substance, in each case as has had or would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on the Company. To the knowledge of the Company, there have been no Hazardous Substances generated by the Company or any Company Subsidiary that have been disposed of or come to rest at any site that has been included in any published U.S. federal, state or local “superfund” site list or any other similar list of hazardous or toxic waste sites published by any governmental authority in the United States and that would reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect on the Company. The Company is not subject to any agreement, order, judgment, decree, letter agreement or will be named as a memorandum of agreement by or with any court, Governmental Entity or other third party imposing any liability or obligation, with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner foregoing that could would reasonably be expected to give rise to have, either individually or in the aggregate, a Material Adverse Effect. As used in this Agreement, the term “Hazardous Substances” means any toxic or hazardous substance, waste, or material which is regulated or defined, or for which liability underor standards of conduct may be imposed, under Environmental LawsLaw, including any such substance, waste or material identified under Environmental Law as toxic substances (including asbestos and asbestos containing materials), hazardous materials, hazardous substances, hazardous waste, radioactive materials, petroleum and petroleum products and polychlorinated biphenyls.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Camber Energy, Inc.), Securities Purchase Agreement (Viking Energy Group, Inc.), Securities Purchase Agreement (Viking Energy Group, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Boston Scientific Corp), Credit Agreement (Boston Scientific Corp), Credit Agreement (Boston Scientific Corp)
Environmental Matters. Except as set forth in Schedule 6.10 and except to the extent that the failure all of the following statements to be true and correct could following, in the aggregate, would not reasonably be expected to have a Material Adverse Effect:
(a) The To the knowledge of the Borrower and the other Credit Parties, the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The To the knowledge of the Borrower and the other Credit Parties, the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof).
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does do the Borrower nor the other Credit Parties have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the knowledge of the Borrower and the other Credit Parties, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerBorrower and the other Credit Parties, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There To the knowledge of the Borrower and the other Credit Parties, there has been no unremediated release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Journal Communications Inc), Credit Agreement (Journal Communications Inc), Credit Agreement (Journal Communications Inc)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “"Properties”") do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “"Business”") which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Boston Scientific Corp), Revolving Credit Agreement (Boston Scientific Corp), Credit Agreement (Boston Scientific Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as could not reasonably be expected expected, either individually or in the aggregate, to have result in a Material Adverse EffectChange:
(a) The Borrower and its Subsidiaries, their operations, facilities and properties are and for the past five years have been in compliance with all Environmental Laws.
(b) The facilities and properties currently owned, leased or operated by the Borrower or any of its Subsidiaries or, to the knowledge of the Borrower or any of its Subsidiaries, formerly owned, leased or operated by the Borrower or any of its Subsidiaries or their predecessors in interest (the “Properties”) ), do not contain, and have not previously contained, contain any Hazardous Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation ofof Environmental Law by, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in complianceLiability for, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofSubsidiaries.
(c) Neither the Borrower nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with or other liabilities under Environmental Laws Laws, or knows of any basis for any such written notices, including any with regard to their activities at any of the Properties or the Business, nor does business currently or formerly operated by the Borrower have knowledge or reason any of its Subsidiaries, or any prior business for which the Borrower or any of its Subsidiaries is subject to believe that liability under any such notice will be received or is being threatenedEnvironmental Law.
(d) Hazardous Materials of Environmental Concern have not been transported or disposed of Released from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability for the Borrower or any of its Subsidiaries under, any applicable Environmental Law, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed Released of by or on behalf of the Borrower or any of its Subsidiaries at, on on, from or under any of the Properties in violation ofof any Environmental Law, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which Liability for the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Businessof its Subsidiaries.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (CONSOL Coal Resources LP), Credit Agreement (CONSOL Energy Inc.), Credit Agreement (CONSOL Coal Resources LP)
Environmental Matters. Except Seller has heretofore delivered to Buyer all environmental reports and all environmental site assessments relating to the extent Assets that have been identified by Seller after diligent inquiry, which reports have been identified in schedules delivered to Buyer on or prior to the failure of date hereof ("Environmental Reports"). Except as disclosed in Schedule 4.6 or in the following statements to be true and correct could not reasonably be expected to have a Material Adverse EffectEnvironmental Reports:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not containSeller holds, and have is in substantial compliance with, all Environmental Permits that are required for Seller to conduct the Business and operate the Assets, and Seller is otherwise in compliance with applicable Environmental Laws with respect to the Business and operation of the Assets, except for such failures to hold or comply with required Environmental Permits, or such failures to be in compliance with applicable Environmental Laws, as would not, individually or in the aggregate, result in an Asset Material Adverse Effect;
(b) Seller has not previously contained, any Materials of Environmental Concern in amounts or concentrations which received (i) constitute any written request for information, or constituted been notified that it is a violation ofpotentially responsible party, under CERCLA or any similar state law with respect to any of the Real Property, or (ii) could reasonably be expected any written notification from a Governmental Authority with respect to give rise pending or ongoing investigations or enforcement actions related to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under alleged or about the Properties or violation potential violations of any applicable Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.Real Property;
(c) Neither Seller has not entered into or agreed to any consent decree or order relating to the Borrower nor Assets, and is not subject to any of its Subsidiaries has received any notice of violationoutstanding judgment, alleged violationdecree, non-compliance, liability or potential liability regarding environmental matters or judicial order relating to compliance with any Environmental Laws with regard Law or to Remediation of Regulated Substances under any of Environmental Law relating to the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.Assets; and
(d) Materials To Seller's Knowledge, no Release of Environmental Concern have not been transported Regulated Substances has occurred at, from, in, on, or disposed of under the Real Property, and, except as legally permitted, no Regulated Substances are present in, on, about or migrating from the Properties Real Property, in violation of, or in a manner or to a location which could reasonably be expected to each case that would give rise to liability under, any an Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or Claim related to the operations of Assets for which Remediation would reasonably be required, except in any such case to the Borrower extent that any such Release or any Subsidiary in connection with the Properties or otherwise in connection with the BusinessEnvironmental Claim would not, in violation of, individually or in amounts or the aggregate, result in a manner that could reasonably be expected to give rise to liability under, an Environmental LawsClaim in excess of $500,000.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Citizens Communications Co), Asset Purchase Agreement (Citizens Communications Co), Asset Purchase Agreement (Unisource Energy Corp)
Environmental Matters. Except 2.35.1 The business and operations of the Company, and each of its Subsidiaries, have been and are being conducted in compliance with all applicable laws, ordinances, rules, regulations, licenses, permits, approvals, plans, authorizations or requirements relating to occupational safety and health, or pollution, or protection of health or the environment (including, without limitation, those relating to emissions, discharges, releases or threatened releases of pollutants, contaminants or hazardous or toxic substances, materials or wastes into ambient air, surface water, groundwater or land, or relating to the extent that manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of chemical substances, pollutants, contaminants or hazardous or toxic substances, materials or wastes, whether solid, gaseous or liquid in nature) of any governmental department, commission, board, bureau, agency or instrumentality of the United States, any state or political subdivision thereof, or to the knowledge of the Company, any foreign jurisdiction (“Environmental Laws”), and all applicable judicial or administrative agency or regulatory decrees, awards, judgments and orders relating thereto, except where the failure of the following statements to be true and correct could in such compliance would not be reasonably be expected expected, individually or in the aggregate, to have a Material Adverse Effect:
(a) The facilities Change; and properties owned, leased or operated by neither the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any notice of violationfrom any governmental instrumentality or any third party alleging any material violation thereof or liability thereunder (including, alleged violation, non-compliancewithout limitation, liability for costs of investigating or potential liability regarding environmental matters remediating sites containing hazardous substances and/or damages to natural resources).
2.35.2 There has been no storage, generation, transportation, use, handling, treatment, Release or compliance with Environmental Laws with regard to threat of Release of Hazardous Materials (as defined below) by or caused by the Company or any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
its Subsidiaries (d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany, threatenedany other entity (including any predecessor) for whose acts or omissions the Company or any of its Subsidiaries is or could reasonably be expected to be liable) at, on, under or from any Environmental Law to which property or facility now or previously owned, operated or leased by the Borrower Company or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersof its Subsidiaries, or other administrative or judicial requirements outstanding at, on, under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, any other property or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businessfacility, in violation of, or in amounts of any Environmental Laws or in a manner or amount or to a location that could reasonably be expected to result in any liability under any Environmental Law, except for any violation or liability which would not, individually or in the aggregate, have a Material Adverse Change. “Hazardous Materials” means any material, chemical, substance, waste, pollutant, contaminant, compound, mixture, or constituent thereof, in any form or amount, including petroleum (including crude oil or any fraction thereof) and petroleum products, natural gas liquids, asbestos and asbestos containing materials, naturally occurring radioactive materials, brine, and drilling mud, regulated or which can give rise to liability underunder any Environmental Law. “Release” means any spilling, Environmental Lawsleaking, seepage, pumping, pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing, depositing, dispersing, or migrating in, into or through the environment, or in, into from or through any building or structure.
Appears in 4 contracts
Samples: Underwriting Agreement (BitNile Holdings, Inc.), Underwriting Agreement (BitNile Holdings, Inc.), Underwriting Agreement (Ammo, Inc.)
Environmental Matters. Except to as listed on Schedule 6.17 or, in the extent that the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities the Real Properties, and such other amusement parks, attractions or real properties ownedoperated solely by Parent or its Subsidiaries, leased or operated by the Borrower in respect of which Parent or any of its Subsidiaries would be liable as an owner or operator under any Environmental Law (collectively, together with the Real Properties, the “Operated Properties”) ), do not contain, and and, to their knowledge, have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (i) or under circumstances that constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability of Parent, the Borrower or any Subsidiary under, or require remedial action by Parent, the Borrower or any Subsidiary pursuant to, any Environmental Law.;
(b) The Properties and all operations at neither Parent nor any of its Subsidiaries has received any notice of violation or alleged violation of, non-compliance with, or liability or potential liability under, Environmental Laws with regard to any of the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Operated Properties or the business operated by the Borrower Parent or any of its Subsidiaries (the “Business”) ), the subject of which could reasonably be expected to materially interfere with the continued operation of the Properties notice has not been remediated or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance finally settled in accordance with Environmental Laws with regard to any of the Properties or the BusinessLaw, nor does Parent or the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(dc) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Operated Properties by or on behalf of Parent, Borrower or their Subsidiaries in violation of, or in a manner or to a location which that could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Operated Properties in violation of, or in a manner that could reasonably be expected to give rise to liability to Parent, the Borrower or any Subsidiary under, or require remedial action by Parent, the Borrower or any Subsidiary pursuant to, any applicable Environmental Law which have not been remediated or finally settled in accordance with Environmental Law.;
(ed) No judicial proceeding or governmental or administrative action no Environmental Claim is pending or, to the knowledge of Parent and the Borrower, threatened, under any Environmental Law to which the Borrower Parent or any Subsidiary is or will could reasonably be expected to be named as a party with respect to the Operated Properties or the Business, nor are there has Parent or any Subsidiary received written notice of any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements of any Governmental Authority outstanding under any Environmental Law with respect to the Operated Properties or the Business.;
(fe) There there has been no release or threat Release of release of Hazardous Materials of Environmental Concern at or from the Properties, Operated Properties or arising from or related to the operations of the Borrower Parent or any Subsidiary in connection with the Operated Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability of Parent, the Borrower or any Subsidiary under, or require remedial action by Parent, the Borrower or any Subsidiary or pursuant to, Environmental Laws which have not been remediated or finally settled in accordance with Environmental Law;
(f) the Operated Properties and the Business are in compliance, and have during the last five years been in compliance, with all applicable Environmental Laws, and there is no contamination by Hazardous Materials at, under or about the Operated Properties nor any violation of any Environmental Law with respect to the Operated Properties or the Business, in each case that could reasonably be expected to give rise to liability of Parent or its Subsidiaries under any Environmental Law; and
(g) neither Parent nor any Subsidiary has contractually assumed or retained any liability of any other Person under Environmental Laws. This Section 6.17 sets forth the sole and exclusive representations and warranties of the Loan Parties with respect to environmental, health and safety matters, including with respect to Environmental Laws, Environmental Claims and Hazardous Materials.
Appears in 4 contracts
Samples: Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp), Credit Agreement (Six Flags Entertainment Corp)
Environmental Matters. Except to the extent that the failure all of the following statements to be true and correct could would not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Properties do not contain, and have not previously contained, in, on, or under, including, without limitation, the soil and groundwater thereunder, any Materials of Environmental Concern in amounts or concentrations which (i) that constitute or constituted a violation of, or (ii) could reasonably would reasonably be expected to give rise to liability under, any under Environmental LawLaws.
(b) The Properties and all operations and facilities at the Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of Parent and its Subsidiaries (the “Business”) which could would reasonably be expected to materially interfere with the continued operation of any of the Properties or Business or materially impair the fair saleable value of any thereof. Neither the Parent nor any Subsidiary has assumed any liability of any Person under Environmental Laws.
(c) Neither the Borrower Parent nor any of its Subsidiaries Subsidiary has received nor is it aware of any claim, notice of violation, alleged violation, non-compliance, liability investigation or advisory action or potential liability regarding environmental matters or compliance with of Environmental Laws Law with regard to any of the Properties which has not been satisfactorily resolved by the Parent or its Subsidiary and neither the Business, Parent nor does the Borrower have knowledge or any Subsidiary is aware and has no reason to believe that any such notice will be received or action is being contemplated, considered or threatened.
(d) Materials of Environmental Concern have not been transported generated, treated, stored, transported, disposed of, at, on, from or disposed under any of from the Properties in violation of, by the Parent or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Lawof its Subsidiaries, nor have any Materials of Environmental Concern been generated, treated, stored transferred by the Parent or disposed of at, on or under any of its Subsidiaries from the Properties to any other location except in violation of, or either case in a manner the ordinary course of business of the Parent and its Subsidiaries in compliance with all Environmental Laws and such that could it would not reasonably be expected to give rise to liability under, under any applicable Environmental Law.
(e) No There are no governmental, administrative actions or judicial proceeding or governmental or administrative action is proceedings pending or, to the best knowledge of the Borrower, threatened, contemplated or threatened under any Environmental Law Laws to which the Borrower Parent or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the BusinessProperties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat any of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Kenexa Corp), Credit Agreement (Kenexa Corp), Credit Agreement (Kenexa Corp)
Environmental Matters. Except Other than as set forth on Schedule 4.17 and exceptions to the extent that the failure any of the following statements that could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect:
(a) Borrower and its Subsidiaries: (i) are, and within the period of all applicable statutes of limitation have been, in compliance with all applicable Environmental Laws; and (ii) reasonably believe that compliance with all applicable Environmental Laws that are or are expected to become applicable to any of them will be true timely attained and correct maintained, without material expense.
(b) Hazardous Materials are not present at, on, under, or in any real property now or formerly owned, leased or operated by Borrower or any of its Subsidiaries, or at any other location (including any location to which Hazardous Materials have been sent for re-use or recycling or for treatment, storage, or disposal) that could reasonably be expected to (i) give rise to liability of Borrower or any of its Subsidiaries under any applicable Environmental Law or otherwise result in material costs to Borrower or any of its Subsidiaries, or (ii) interfere in any material respect with Borrower’s or any of its Subsidiaries’ continued operations, or (iii) impair the fair saleable value of any real property owned or leased by Borrower or any of its Subsidiaries.
(c) There is no judicial, administrative, or arbitral proceeding (including any notice of violation or alleged violation) under or relating to any Environmental Law to which Borrower or any of its Subsidiaries is, or to Borrower’s knowledge could reasonably be expected to be, named as a party that is pending or, to Borrower’s knowledge, threatened.
(d) Neither Borrower nor any of its Subsidiaries have received any written request for information, or been notified of any Environmental Claim that it is a potentially responsible party under or relating to CERCLA, or any similar Environmental Law, or with respect to any Hazardous Materials.
(e) Neither Borrower nor any of its Subsidiaries have entered into or agreed to any consent decree, order, or settlement or other agreement, or is subject to any judgment, decree, or order or other agreement, in any judicial, administrative, arbitral, or other forum for dispute resolution, relating to compliance with or liability under any Environmental Law and which is outstanding as of the Closing Date.
(f) To Borrower’s knowledge, there are no past or present actions, activities, circumstances, conditions, events or incidents, including any Hazardous Materials Activity, that could reasonably be expected to form the basis of any Environmental Claim against Borrower or any of its Subsidiaries, or to Borrower’s knowledge, against any person or entity whose liability for any Environmental Claim Borrower has retained or assumed either contractually or by operation of law.
(g) Borrower has provided to the Secured Parties all assessments, reports, data, results of investigations or audits, and other information that is in the possession of or reasonably available to Borrower or any of its Subsidiaries regarding environmental matters pertaining to, or the environmental condition of, the business of Borrower or any of its Subsidiaries, or the compliance (or noncompliance) by Borrower and its Subsidiaries with any Environmental Laws, except where any such information does not disclose any condition that could reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Regal Entertainment Group), Credit Agreement (Regal Entertainment Group), Credit Agreement (Regal Entertainment Group)
Environmental Matters. Except to as, individually or in the extent that the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Properties do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) or under circumstances that constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.;
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower neither TWTC nor any of its Subsidiaries has received any written notice of any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does TWTC or the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(dc) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which that could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.;
(ed) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of TWTC or the Borrower, threatened, under any Environmental Law to which the Borrower TWTC or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements orders outstanding under any Environmental Law with respect to the Properties or the Business.;
(fe) There there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower TWTC or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder Environmental Laws; and
(f) the Properties and all operations at the Properties or otherwise in respect to the Business are in compliance, and have in the last five years been in compliance, with all applicable Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (Tw Telecom Inc.), Amendment and Restatement Agreement (Tw Telecom Inc.), Credit Agreement (Time Warner Telecom Inc)
Environmental Matters. Except to as, individually or in the extent that the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries Group Member (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) or under circumstances that constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any applicable Environmental Law.;
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there no Group Member has received or is no contamination at, under or about the Properties or violation aware of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any written notice of violationviolation or other written notice, alleged alleging a violation, non-compliance, liability or potential liability regarding environmental matters under or compliance with relating to Environmental Laws with regard to any of the Properties or the business operated by any Group Member (the “Business”), nor does the Borrower Company have knowledge or of any reason to believe for believing that any such notice will be received or is being threatened.received;
(dc) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which that could reasonably be expected to give rise to liability under, any applicable Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.;
(ed) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany, threatened, under any Environmental Law to which the Borrower or any Subsidiary Group Member is or will could reasonably be expected to be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.;
(fe) There there has been no release or threat of threatened release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary Group Member in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder applicable Environmental Laws;
(f) all operations at the Properties are in compliance, and have in the last five years been in compliance, with all applicable Environmental Laws, and there is no outstanding violation of any Environmental Law with respect to the Properties or the Business; and
(g) no Group Member has assumed any liability of any other Person under applicable Environmental Laws.
Appears in 4 contracts
Samples: Credit Agreement (First Solar, Inc.), Credit Agreement (First Solar, Inc.), Credit Agreement (First Solar, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as disclosed on Schedule 5.13,
(a) Except as could not reasonably be expected to have a Material Adverse Effect:
, (ai) The each of the facilities and properties owned, leased or operated by any of the Borrower or any of and its Subsidiaries (the “Subject Properties”) do not contain), and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Subject Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and (iii) there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries with respect to the Subject Properties or the businesses operated by them (the “BusinessBusinesses”), and (iv) which there are no conditions relating to the Businesses or Subject Properties that could reasonably be expected give rise to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofliability under any applicable Environmental Laws.
(cb) Neither None of the Borrower nor or any of its Subsidiaries has received any written notice of of, or inquiry from any Governmental Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Subject Properties or the BusinessBusinesses, other than those that have been resolved or those which could not reasonably be expected to have a Material Adverse Effect, nor does the Borrower or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatenedthreatened with respect to any matter the resolution of which could reasonably be expected to have a Material Adverse Effect.
(dc) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofSubject Properties, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Subject Properties or any other location, in each case by or on behalf of any of the Borrower or its Subsidiaries in violation of, or in a manner that could would be reasonably be expected likely to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to and which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Lawshave a Material Adverse Effect.
Appears in 4 contracts
Samples: Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Integra Lifesciences Holdings Corp)
Environmental Matters. Except (a) The Company and each of its Subsidiaries (i) have not received any written notice of any alleged material claim, violation of or liability under any Environmental Law which has not heretofore been cured or for which there is any remaining liability; (ii) have not disposed of, emitted, discharged, handled, stored, transported, sold, distributed, used or released any Hazardous Materials or any product containing Hazardous Materials, arranged for the disposal, discharge, storage or release of any Hazardous Materials, or exposed any employee or other individual to any Hazardous Materials in each case so as to give rise to any material liability or corrective or remedial obligation under any Environmental Laws; (iii) have not entered into any agreement that may require any of them to guarantee, reimburse, pledge, defend, hold harmless or indemnify any other party with respect to material liabilities arising out of Environmental Laws or the extent that the failure Hazardous Materials related activities of the following statements Company or its Subsidiaries; and (iv) have delivered to be true Parent or made available for inspection by Parent and correct could its agents, representatives and employees all records in the Company’s and Subsidiaries’ possession concerning the Hazardous Materials activities of the Company and all environmental audits and environmental assessments of any facility owned, leased or used at any time by the Company or each of its Subsidiaries conducted at the request of, or otherwise in the possession of the Company or any of its Subsidiaries. Except as would not reasonably be expected to have result in a Company Material Adverse Effect:
(a) The facilities and , there are no Hazardous Materials in, on, or under any properties owned, leased or operated used at any time by the Borrower Company or each of its Subsidiaries such as could give rise to any liability or corrective or remedial obligation of the Company or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, under any Environmental LawLaws.
(b) The Properties and all operations at For the Properties are in compliancepurposes of this Section 2.14, and have in the last five years been in compliance, in all material respects with all applicable (i) “Environmental Laws” shall mean all federal, state, local and there is no contamination atforeign laws and regulations relating to worker health and safety, under pollution, protection of the environment or about the Properties or violation exposure of any Environmental Law with respect individual to Hazardous Materials, including laws and regulations relating to emissions, discharges, releases or threatened releases of Hazardous Materials, or otherwise relating to the Properties manufacture, processing, registration, distribution, labeling, recycling, use, treatment, storage, disposal, transport or the business operated by the Borrower handling of Hazardous Materials and including any Hazardous Materials related electronic waste, product content or product take-back requirements and (ii) “Hazardous Materials” shall mean chemicals, pollutants, contaminants, wastes, toxic substances, radioactive and biological materials, asbestos-containing materials (ACM), hazardous substances, petroleum and petroleum products or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value fraction thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Visual Sciences, Inc.), Agreement and Plan of Reorganization (Visual Sciences, Inc.), Agreement and Plan of Reorganization (Omniture, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(ai) The facilities and properties owned, leased or operated by the Borrower or any of and its Subsidiaries (now or in the “Properties”) past do not contain, and to their knowledge have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (iA) constitute or constituted a violation of, of applicable Environmental Laws or (iiB) could reasonably be expected to give rise to liability underunder applicable Environmental Laws except where such violation or liability could not reasonably be expected, any Environmental Law.individually or in the aggregate, to have a Material Adverse Effect;
(bii) The Properties Except to the extent such matters could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, the Borrower, each of its Subsidiaries and such properties and all operations at the Properties conducted in connection therewith are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) such operations which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.such properties;
(ciii) Neither the Borrower nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters matters, Hazardous Materials, or compliance with Environmental Laws with regard to any of the Properties or the BusinessLaws, nor does the Borrower or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatened., except where such violation, alleged violation, non-compliance, liability or potential liability which is the subject of such notice could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect;
(div) Hazardous Materials of Environmental Concern have not been transported or disposed of to or from the Properties properties owned, leased or operated by the Borrower and its Subsidiaries in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding Laws, except where such violation or governmental liability could not reasonably be expected, individually or administrative action is pending orin the aggregate, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as have a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.Material Adverse Effect;
Appears in 4 contracts
Samples: Credit Agreement (Bowater Inc), Credit Agreement (Bowater Inc), Credit Agreement (AbitibiBowater Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by With respect to the Borrower or any operation of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which Business: (i) constitute or constituted a violation ofto the Knowledge of Seller, or (ii) could reasonably be expected to give rise to liability underthe Seller Entities, any Environmental Law.
(b) The Properties the Rexam Entities and all operations at the Properties Purchased Entities are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, (ii) to the Knowledge of Seller, the Seller Entities, the Rexam Entities and there the Purchased Entities have, or at the Closing will have, all Environmental Permits which are required under applicable Environmental Laws for the conduct of the Business, other than any such Environmental Permits the absence of which would not, individually or in the aggregate, have or reasonably be expected to have an Adverse Effect, and no Action is pending, or, to the Knowledge of Seller, threatened, to revoke, cancel or adversely modify any such Environmental Permits and (iii) to the Knowledge of Seller, the Seller Entities, the Rexam Entities and the Purchased Entities are in compliance in all material respects with the terms and conditions of such Environmental Permits.
(b) There is no contamination atmaterial civil, criminal or administrative action, demand or claim pending or, to the Knowledge of Seller, as of the date of this Agreement, threatened under or about the Properties or violation of any Environmental Law Laws with respect to the Properties Business. To the Knowledge of Seller, the Seller Entities, the Rexam Entities and the Purchased Entities are not subject to any open or pending investigations with respect to the Business pursuant to Environmental Law or any Environmental Permit, including the receipt of any requests for information related to such investigations, with respect to any matter that is reasonably likely to result in a material Liability to the Business or the business operated by Purchased Assets. The Seller Entities, the Borrower Rexam Entities and the Purchased Entities are not subject to any material order, judgment or decree pursuant to applicable Environmental Law or any of its Subsidiaries (Environmental Permit with respect to the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither To the Borrower nor any Knowledge of its Subsidiaries has received any notice Seller, except as set forth on Section 2.15(c) of violationthe Seller Disclosure Letter, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to there have been no Releases of Hazardous Materials at any of the Properties Business Real Property that would be reasonably likely to subject the Purchased Entities, the Seller Entities, the Rexam Entities or the Business, nor does the Borrower have knowledge Purchaser to any material Liability under any Environmental Law or reason to believe that any such notice will be received Environmental Permit or is being threatenedrequire any material expenditure by any of them thereunder.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties The representations and warranties set forth in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party this Section 2.15 are Seller’s sole and exclusive representations and warranties with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any environmental matters (including Environmental Law with respect to the Properties or the BusinessPermits) and Hazardous Materials in this Agreement.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Equity and Asset Purchase Agreement (Ardagh Finance Holdings S.A.), Equity and Asset Purchase Agreement (Ball Corp), Equity and Asset Purchase Agreement
Environmental Matters. Except as set forth on Schedule 6.10 and except to the extent that the failure all of the following statements to be true and correct could following, in the aggregate, would not reasonably be expected to have a Material Adverse Effect:
(a) The To the best knowledge of the Borrower and the other Credit Parties, the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “"Properties”") do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The To the best knowledge of the Borrower and the other Credit Parties, the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “"Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof").
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does do the Borrower nor the other Credit Parties have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the best knowledge of the Borrower and the other Credit Parties, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerBorrower and the other Credit Parties, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There To the best knowledge of the Borrower and the other Credit Parties, there has been no unremediated release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Oshkosh Truck Corp), Credit Agreement (C2 Inc), Credit Agreement (C2 Inc)
Environmental Matters. Except to as individually or in the extent that the failure of the following statements to be true and correct could aggregate would not reasonably be expected to have result in a Material Adverse Effect:
(a) The the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations or under circumstances which (i) constitute or constituted a violation of, or (ii) could would reasonably be expected to give have given rise to liability undera release or a threat of release, as regulated or defined, under any Environmental Law.;
(b) The the Properties and all operations at the Properties are in material compliance, and have in the last five years been in material compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) ). Neither the Borrower nor any of its Subsidiaries has contractually assumed any liability of any other Person under Environmental Laws other than in the ordinary course of business;
(c) neither the Borrower nor any of its Subsidiaries has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability liability, judicial proceeding or governmental or administrative action or consent decrees or other decrees, consent orders, administrative orders or other orders, regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(d) Materials materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could would reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could would reasonably be expected to give rise to liability under, any applicable Environmental Law.; and
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the properties previously owned or operated by the Borrower or any Subsidiary (the “Former Properties”) during such period of ownership or operation, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Former Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could would reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Forrester Research, Inc.), Credit Agreement (Forrester Research, Inc.), Credit Agreement (Forrester Research, Inc.)
Environmental Matters. Except as set forth on Schedule 3.13, and other than exceptions to the extent that the failure any of the following statements to be true and correct that could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties ownednot, leased or operated by in the Borrower or any of its Subsidiaries (the “Properties”) do not containaggregate, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability undera Material Adverse Effect or materially adversely affect the value of the Oil and Gas Properties of any Contango Entity taken as a whole:
(a) Each Contango Entity (i) is, and within the period of all applicable statutes of limitation has been in compliance with all applicable Environmental Laws; (ii) holds all Environmental Permits (each of which is in full force and effect) required for any of its current or planned operations or for any property owned, leased, or otherwise operated by it; and (iii) is, and within the period of all applicable statutes of limitation has been, in compliance with all of its Environmental LawPermits; and no officer of such Contango Entity has knowledge of any reason why its Environmental Permits will not timely be renewed or any new Environmental Permits will not timely be obtained subject to the conditions and terms that may be applied to them by the relevant Governmental Authorities.
(b) The Properties and all operations To the knowledge of the Borrower, after due inquiry, Hazardous Substances have not been transported, disposed of, emitted, discharged, or otherwise released or threatened to be released, to or at the Properties are in complianceany real property presently or formerly owned, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under leased or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower any Contango Entity or at any of its Subsidiaries (the “Business”) other location, which could reasonably be expected to materially (i) give rise to liability of any Contango Entity under any applicable Environmental Law or (ii) interfere with the continued operation operations of the Properties or Business or materially impair the fair saleable value thereofany Contango Entity.
(c) Neither the Borrower nor any of its Subsidiaries has received No judicial, administrative, or arbitral proceeding (including any notice of violation, violation or alleged violation, non-compliance, liability ) under or potential liability regarding environmental matters or compliance with Environmental Laws with regard relating to any Environmental Law to which any Contango Entity is, or to the knowledge of the Properties or the BusinessBorrower will be, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in named as a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action party is pending or, to the knowledge of the BorrowerBorrower threatened.
(d) No Contango Entity has received any written request for information, threatenedor been notified that it is a potentially responsible party under any Environmental Law, or with respect to any Hazardous Substances.
(e) No Contango Entity has entered into or agreed to any consent decree, order, or settlement, nor is subject to any judgment, decree, or order, in any judicial, administrative, arbitral, or other forum, relating to compliance with or liability under any Environmental Law.
(f) No Contango Entity has assumed or retained, by contract or operation of law, any liabilities of any kind, fixed, contingent or otherwise, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party other than in conformity with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Businessstandard industry practice.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Term Loan Agreement (Contango Oil & Gas Co), Term Loan Agreement (Contango Oil & Gas Co), Term Loan Agreement (Contango Oil & Gas Co)
Environmental Matters. Except Each Obligor has, to the extent that best knowledge of their respective executive officers, obtained and maintained in effect all Environmental Permits (or the applicable Person has initiated the necessary steps to transfer the Environmental Permits into its name or obtain such permits), the failure of the following statements to be true and correct obtain which could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities . Each Obligor and properties ownedits Properties, leased or operated by business and operations have been and are, to the Borrower or any best knowledge of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliancetheir respective executive officers, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation Requirements of any Environmental Law and Environmental Permits the failure to comply with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with have a Material Adverse Effect. Each Obligor and its Properties, business and operations are not subject to any (A) Environmental Claims or (B), to the continued operation best knowledge of their respective executive officers (after making reasonable inquiry of the Properties personnel and records of their respective Corporations), Environmental Liabilities, in either case direct or Business contingent, arising from or materially impair based upon any act, omission, event, condition or circumstance occurring or existing on or prior to the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location date hereof which could reasonably be expected to give rise to liability under, have a Material Adverse Effect. None of the officers of any Obligor has received any notice of any violation or alleged violation of any Requirements of Environmental Law or Environmental Permit or any Environmental LawClaim in connection with its Properties, nor have any Materials of Environmental Concern been generatedliabilities, treatedcondition (financial or otherwise), stored business or disposed of at, on or under any of the Properties in violation of, or in a manner that operations which could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge have a Material Adverse Effect. None of the U.S. Borrower, threatened, under any Environmental Law to which the Canadian Borrower or U.K. Borrower knows of any Subsidiary is event or will be named as a party condition with respect to currently enacted Requirements of Environmental Laws presently scheduled to become effective in the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law future with respect to any of the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that Obligor which could reasonably be expected to give rise to liability underhave a Material Adverse Effect, Environmental Lawsfor which the applicable Obligor has not made good faith provisions in its business plan and projections of financial performance.
Appears in 3 contracts
Samples: Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(ai) The facilities and properties owned, leased or operated by the any Borrower or any of its Subsidiaries (now or in the “Properties”) past do not contain, and to their knowledge have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (iA) constitute or constituted a violation of, of applicable Environmental Laws or (iiB) could reasonably be expected to give rise to liability under, any under applicable Environmental Law.Laws;
(bii) The Properties To the knowledge of the Credit Parties, each Credit Party and such properties and all operations at the Properties conducted in connection therewith are in all material respects in compliance, and have in the last five years been in compliance, in all material respects in compliance, with all applicable Environmental Laws, and there is no contamination at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) such operations which could reasonably be expected to materially interfere with the continued operation of the Properties such properties or Business or materially impair the fair saleable value thereof.;
(ciii) Neither the Borrower nor any of its Subsidiaries No Credit Party has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters matters, Hazardous Materials, or compliance with Environmental Laws with regard to any of the Properties or the BusinessLaws, nor does the Borrower any Credit Party have knowledge or reason to believe that any such notice will be received or is being threatened.
(div) To the knowledge of the Credit Parties, Hazardous Materials of Environmental Concern have not been transported or disposed of to or from the Properties properties owned, leased or operated by any Credit Party in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.Laws;
(ev) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the any Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary Credit Party is or will be named as a potentially responsible party with respect to the Properties such properties or the Businessoperations conducted in connection therewith, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties any Credit Party or the Business.such properties or such operations that could reasonably be expected to have a Material Adverse Effect; and
(fvi) There has been no release release, or to any Borrower’s knowledge, threat of release release, of Hazardous Materials of Environmental Concern at or from the Propertiesproperties owned, leased or arising from or related to the operations of the operated by any Borrower or any Subsidiary Subsidiary, now or in connection with the Properties or otherwise in connection with the Businesspast, in violation of, of or in amounts or in a manner that could give rise to liability under Environmental Laws that could reasonably be expected to give rise to liability under, Environmental Lawshave a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)
Environmental Matters. Except to as (i) disclosed in the extent that Specified Exchange Act Filings or (ii) in the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The the facilities and properties owned, leased or operated by the Borrower or any of and its Significant Subsidiaries (the “Properties”) do not contain, and and, to the Borrower’s knowledge, have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) or under circumstances that constitute or constituted a violation of, or (ii) could reasonably be expected or, to the Borrower’s knowledge, would give rise to liability under, any Environmental Law.;
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither neither the Borrower nor any of its Significant Subsidiaries has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by the Borrower and its Significant Subsidiaries (the “Business”), nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(dc) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected that, to the Borrower’s knowledge, would give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected that, to the Borrower’s knowledge, would give rise to liability under, any applicable Environmental Law.;
(ed) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary of its Significant Subsidiaries is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.;
(fe) There there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary of its Significant Subsidiaries in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected that, to the Borrower’s knowledge, would give rise to liability underunder Environmental Laws;
(f) the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the Business; and
(g) neither the Borrower nor any of its Significant Subsidiaries has assumed any liability of any other Person under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Pacific Gas & Electric Co), Credit Agreement (Pg&e Corp), Credit Agreement (Pacific Gas & Electric Co)
Environmental Matters. Except The Borrower and each of its Subsidiaries have complied in all material respects with, and on the date of each Credit Event will be in compliance in all material respects with, all Environmental Laws and the requirements of any permits, licenses or other authorizations issued under such Environmental Laws. There are no pending or, to the extent that the failure best knowledge of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties ownedBorrower, leased past or threatened Environmental Claims against the Borrower or any of its Subsidiaries or any Real Property now or formerly owned or operated by the Borrower or any of its Subsidiaries. There are no facts, circumstances, conditions or occurrences on any Real Property now or formerly owned or operated by the Borrower or any of its Subsidiaries (or, to the “Properties”) do not containbest knowledge of the Borrower, and have not previously containedon any property adjoining or in the vicinity of any such Real Property that, any Materials to the best knowledge of Environmental Concern in amounts or concentrations which the Borrower, could reasonably be expected (i) constitute to form the basis of an Environmental Claim against the Borrower or constituted any of its Subsidiaries or any such Real Property, which Environmental Claim could reasonably be expected to result in a violation ofMaterial Adverse Effect, individually or in the aggregate with all other Environmental Claims, or (ii) could reasonably to cause any such Real Property to be expected subject to give rise to liability underany restrictions on the ownership, occupancy, use or transferability of such Real Property by the Borrower or any of its Subsidiaries under any Environmental Law.
(ba) The Properties and all operations Hazardous Materials have not at the Properties are in complianceany time been generated, and have in the last five years been in complianceused, in all material respects with all applicable Environmental Lawstreated or stored on, and there is no contamination ator transported to or from, under any Real Property owned or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which where such generation, use, treatment or storage has violated or resulted in liability under, or could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner violate or to a location which could reasonably be expected to give rise to result in liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored which violation or disposed of at, on or under any of the Properties in violation of, or in a manner that liability could reasonably be expected to give rise to result in a Material Adverse Effect, individually or in the aggregate with all other violations of or liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which Law. Hazardous Materials have not at any time been Released on or from any Real Property owned or operated by the Borrower or any Subsidiary is of its Subsidiaries where such Release has violated or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersresulted in material liability under, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise violate or to result in material liability under, any Environmental LawsLaw. There are not now nor have there been any underground storage tanks or related piping located on any Real Property owned or operated by the Borrower or any of its Subsidiaries.
(b) Notwithstanding anything to the contrary in this Section 7.19, the representations made in this Section 7.19 shall only be untrue if the aggregate effect of all failures, noncompliances and liabilities of the types described above could reasonably be expected to result in a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Coinmach Service Corp), Credit Agreement (Coinmach Corp), Credit Agreement (Appliance Warehouse of America Inc)
Environmental Matters. (a) Except to the extent that the failure of the following statements to be true and correct could where such non-compliance or violation or liability would not reasonably be expected to have a Material Adverse Effect:
(a) The , the facilities and properties owned, leased or operated by the Borrower or any of its the Credit Parties and their Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to have resulted in liability under, any Environmental Law.
(b) The Except where such non-compliance or violation would not reasonably be expected to have a Material Adverse Effect, and to the best knowledge of the Credit Parties with respect to Properties that are leased, the Properties and all operations of the Credit Parties and their Subsidiaries at the Properties are in compliance, and have in the last five three (3) years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither Except where such non-compliance, violation or liability would not reasonably be expected to have a Material Adverse Effect, none of the Borrower nor Credit Parties or any of its Subsidiaries has received any written notice of of, or otherwise become aware of, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by any of the Credit Parties for which any of the Credit Parties has liability (the “Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened”).
(d) Except where such violation or liability would not reasonably be expected to have a Material Adverse Effect, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give has given rise to liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give has given rise to liability under, any applicable Environmental Law.
(e) No Except as would not reasonably be expected to have a Material Adverse Effect, no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrowerany Credit Party, threatened, under any Environmental Law to which any of the Borrower or any Subsidiary Credit Parties is or will would reasonably be expected to be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements directives outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There Except where such violation or remediation would not reasonably be expected to have a Material Adverse Effect, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of any of the Borrower or any Subsidiary Credit Parties in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, requiring remediation under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Dycom Industries Inc), Credit Agreement (Dycom Industries Inc), Credit Agreement (Dycom Industries Inc)
Environmental Matters. Except To the best knowledge of the Borrower, each of the representations and warranties set forth in paragraphs (a) through (e) of this subsection is true and correct with respect to each parcel of real property owned or operated by the Borrower or any of its Subsidiaries (the "Properties"), except to the extent that the facts and circumstances giving rise to any such failure of the following statements to be so true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Properties do not contain, and have not previously contained, in, on, or under, including, without limitation, the soil and groundwater thereunder, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any violate Environmental LawLaws.
(b) The Properties and all operations and facilities at the Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no Materials of Environmental Concern contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to would materially interfere with the continued operation of any of the Properties or Business or materially impair the fair saleable value of any thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received or is aware of any claim, notice of violation, alleged violation, non-compliance, liability investigation or advisory action or potential liability regarding environmental matters or compliance with of Environmental Laws Law with regard to the Properties which has not been satisfactorily resolved by the Borrower or such Subsidiary, nor is the Borrower or any of the Properties its Subsidiaries aware or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or action is being contemplated, considered or threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or stored, disposed of of, at, on or under any of the Properties in violation ofof Environmental Laws, or nor have any Materials of Environmental Concern been transferred from the Properties to any other location except in a manner that could reasonably be expected to give rise to liability under, any applicable either case in the ordinary course of business of the Borrower and its Subsidiaries and in material compliance with all Environmental LawLaws.
(e) No There are no governmental, administrative actions or judicial proceeding or governmental or administrative action is proceedings pending or, to the best knowledge of the Borrower, threatened, contemplated under any Environmental Law Laws to which the Borrower or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the BusinessProperties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat any of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)
Environmental Matters. Except to as disclosed in CEI’s Annual Report on Form 10-K for the extent that year ended December 31, 2013 or its Quarterly Report on Form 10-Q for the failure of the following statements to be true and correct fiscal quarter ended March 31, 2014, or as otherwise could not reasonably be expected to have a Material Adverse EffectChange:
(a) The Borrower and its Subsidiaries, their operations, facilities and properties are in compliance with all applicable Environmental Laws.
(b) The facilities and properties currently or formerly owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not containcontain any Hazardous Materials attributable to the ownership, and have not previously contained, lease or operation of the Properties by the Borrower or any Materials of Environmental Concern its Subsidiaries in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by for the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofunder, any applicable Environmental Law.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws Laws, including any with regard to their activities at any of the Properties or the Business, nor does business operated by the Borrower have knowledge or reason to believe that any such notice will be received of its Subsidiaries, or is being threatenedany prior business for which the Borrower or any of its Subsidiaries has retained liability under any Environmental Law.
(d) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability for the Borrower or any of its Subsidiaries under, any applicable Environmental Law, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of by or on behalf of the Borrower or any of its Subsidiaries at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which for the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Businessof its Subsidiaries.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (CNX Resources Corp), Credit Agreement (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc)
Environmental Matters. Except to the extent that the failure all of the following statements to be true and correct could following, in the aggregate, would not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties ownedTo the knowledge of the Borrower, leased or operated by no Property of the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not contains or has previously contained, contained any Materials of Environmental Concern in amounts or concentrations which (i1) constitute or constituted a violation of, or (ii2) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The To the knowledge of the Borrower, the Properties of the Borrower and its Subsidiaries and all operations at the such Properties are in compliance, and, to the extent of the Borrower’s and its Subsidiaries’ involvement with the Properties, have in the last five years heretofore been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the such Properties or violation of any Environmental Law with respect to the such Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof).
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties of the Borrower and its Subsidiaries or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the knowledge of the Borrower, Materials of Environmental Concern have not been transported or disposed of from the Properties of the Borrower and its Subsidiaries while owned or operated by the Borrower or any of its Subsidiaries in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the such Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties of the Borrower and its Subsidiaries or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the such Properties or the Business.
(f) There To the knowledge of the Borrower, there has been no release or threat of release of Materials of Environmental Concern at or from the PropertiesProperties of the Borrower and its Subsidiaries, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the such Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc), Credit Agreement (Ryland Group Inc)
Environmental Matters. Except to the extent that as set forth on Schedule 3.6: ---------------------
(a) Seller is in compliance with all applicable Environmental Laws except where the failure of the following statements to be true and correct could not in compliance would not, individually or in the aggregate, reasonably be expected to have a Material an Adverse Effect:
(a) The facilities and properties ownedEffect on the Acquired Assets, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not containor, and have not previously containedto Seller's knowledge, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to would impose liability under, on Buyer under any Environmental LawLaw for any act or omission of Seller prior to the Closing Date.
(b) The Properties Seller has or has applied for all Licenses required under Environmental Laws for the operation of Seller's business (to the extent such business relates to Seller's use of the Acquired Assets) as presently conducted (the "Environmental Permits") and all operations at the Properties there are in complianceno violations, and no pending, or, to the knowledge of Seller, threatened, investigations or proceedings with respect to such Environmental Permits except where the failure to have such Environmental Permits or where the violation, investigation or proceeding relating thereto would not, individually or in the last five years aggregate, reasonably be expected to have an Adverse Effect on the Acquired Assets or, to Seller's knowledge, would impose liability on Buyer under any Environmental Law for any act or omission of Seller prior to the Closing Date.
(c) Since January 1, 1995, and, to Seller's knowledge, before that date, Seller has not received any written notice, notification, demand, request for information, citation, summons, complaint or Order, nor is there pending, or, to the knowledge of Seller, threatened by any Person against Seller in connection with Seller's business (to the extent such business relates to Seller's use of the Acquired Assets) nor has any material penalty been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or assessed against Seller for any alleged violation of any Environmental Law with respect to or liability thereunder, other than where such notice, notification, demand, request for information, citation, summons, complaint or Order has been fully resolved, or where resolution would not, individually or in the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could aggregate, reasonably be expected to materially interfere with have an Adverse Effect on the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatenedAcquired Assets.
(d) Materials To the knowledge of Seller, no hazardous substance has been released in violation of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of Laws at, on or under any of the Properties real property used in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) . There has been no release environmental investigation, study, audit, test, review or threat other analysis conducted of release of Materials of Environmental Concern at or from the Properties, or arising from or related which Seller has knowledge in relation to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected Acquired Asset which has not been delivered to give rise to liability under, Environmental LawsBuyer.
Appears in 3 contracts
Samples: Acquisition Agreement (Emed Technologies Corp), Acquisition Agreement (Emed Technologies Corp), Acquisition Agreement (Emed Technologies Corp)
Environmental Matters. (a) Except as described in the Quest Reports filed with the SEC prior to the extent that date of this Agreement, Quest and each Subsidiary of Quest has been and is in compliance with all Environmental Laws except for such matters as, individually or in the failure of the following statements to be true aggregate, have not had and correct could are not reasonably be expected likely to have a Quest Material Adverse Effect:
(a) The facilities and properties owned. There are no past or present facts, leased conditions or operated by circumstances that interfere with the Borrower or conduct of any of its Subsidiaries (their respective businesses in the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts manner now conducted or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, interfere with continued compliance with any Environmental Law, except for any non-compliance or interference that, individually or in the aggregate, has not had and is not reasonably likely to have a Quest Material Adverse Effect.
(b) The Properties and all operations at the Properties are in complianceExcept for such matters as, and have individually or in the last five years been in complianceaggregate, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported had and are not reasonably likely to have a Quest Material Adverse Effect or disposed of from the Properties disclosed in violation ofQuest SEC Reports, no judicial or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding administrative proceedings or governmental or administrative action is investigations are pending or, to the knowledge of Quest, threatened against Quest or its Subsidiaries that allege the Borrowerviolation of or seek to impose liability pursuant to any Environmental Law, threatenedand there are no past or present facts, conditions or circumstances at, on or arising out of, or otherwise associated with, any current (or, to the knowledge of Quest or its Subsidiaries, former) businesses, assets or properties of Quest or any Subsidiary of Quest, including but not limited to on-site or off-site disposal, release or spill of any Hazardous Materials which violate Environmental Law or are reasonably likely to give rise to (i) costs, expenses, liabilities or obligations for any cleanup, remediation, disposal or corrective action under any Environmental Law, (ii) claims arising for personal injury, property damage or damage to natural resources, or (iii) fines, penalties or injunctive relief.
(c) Neither Quest nor any of its Subsidiaries has (i) received any notice of noncompliance with, violation of, or liability or potential liability under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there (ii) entered into any consent decrees decree or other decrees, consent orders, administrative orders order or other orders, is subject to any order of any court or other administrative governmental authority or judicial requirements outstanding tribunal under any Environmental Law with respect or relating to the Properties cleanup of any Hazardous Materials, except for any such matters as have not had and are not reasonably likely to have a Quest Material Adverse Effect or the Businessdisclosed in Quest SEC Reports.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Merger Agreement (Quest Resource Corp), Merger Agreement (Pinnacle Gas Resources, Inc.), Merger Agreement (Quest Resource Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effectas set forth on Schedule 4:
(ai) The facilities To the best of the Credit Parties’ knowledge and properties belief after diligent inquiry, each Property owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Credit Parties do not contain, and during their period of ownership, lease or operation of such Property, have not previously contained, any Materials of Environmental Concern which are currently a concern, in amounts or concentrations which (i) currently constitute or constituted a violation of, or (ii) under current law could reasonably be expected to give rise to liability under, any Environmental Law, except in either case insofar as the violation or liability, individually or collectively, is not reasonably likely to result in a Material Adverse Effect.
(bii) The Properties To the best of the Credit Parties’ knowledge and belief after diligent inquiry, each Property and all their operations at the Properties such Property are in compliancecompliance in all material respects, and have in have, for the lesser of the last five years or for the duration of, their ownership, lease, or operation by the Credit Parties, been in compliance, compliance in all material respects with all applicable Environmental Laws, and there is no current contamination by Materials of Environmental Concern at, under or about the Properties such Property or violation of any Environmental Law with respect to the Properties such Property or the business operated by the Borrower Credit Parties or any of its their Subsidiaries (collectively, the “Business”“) which either has not been remediated (or is not in the process of being remediated) or could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(ciii) Neither None of the Borrower nor any of its Subsidiaries Credit Parties has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with applicable Environmental Laws with regard to any of the Properties Property or the Business, nor except in all cases insofar as the notice individually or collectively, does the Borrower have knowledge not involve a matter or reason matters that is or are reasonably likely to believe that any such notice will be received or is being threatenedresult in a Material Adverse Effect.
(div) To the best of the Credit Parties’ knowledge and belief, Materials of Environmental Concern have not been transported or disposed of from the Properties any Property in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties Property in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental LawLaw except in each case insofar as any violation or liability referred to in this subsection, individually or collectively, is not reasonably likely to result in a Material Adverse Effect.
(ev) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCredit Parties, threatened, under any Environmental Law to which the Borrower or any Subsidiary is Credit Parties are or will be named as a party with respect to the Properties each Property or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties each Property or the Business, except in each case insofar as those proceeding, action, decree, order or other requirement, individually or collectively, is not reasonably likely to result in a Material Adverse Effect.
(fvi) There To the best of the Credit Parties’ knowledge and belief after diligent inquiry, there has been no release or or, to the best of Credit Parties knowledge and belief, threat of release of Materials of Environmental Concern at or from the Propertiesany Property, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties any Property or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws, except in each case insofar as any violation or liability referred to in this subsection, individually or collectively, is not reasonably likely to result in a Material Adverse Effect.
Appears in 3 contracts
Samples: Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp)
Environmental Matters. Except to the extent that the failure as set forth on Schedule 9.18 or insofar as there is no reasonable likelihood of the following statements to be true and correct could not reasonably be expected to have a Material Adverse EffectEffect arising from any combination of facts or circumstances inconsistent with any of the following:
(a) The facilities and properties owned, leased owned or operated by the Borrower Company or any of its Subsidiaries (the “Properties”) do not contain, and to the knowledge of the Company or its Subsidiaries, have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or to the knowledge of the Company about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Company or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofProperties.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower Company or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the knowledge of the Company or any of its Subsidiaries, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany or any of its Subsidiaries, threatened, under any Environmental Law to which the Borrower Company or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other analogous administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower Company or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under any applicable Environmental Laws.
Appears in 3 contracts
Samples: Five Year Credit Agreement (Arrow Electronics Inc), Five Year Credit Agreement (Arrow Electronics Inc), Credit Agreement (Arrow Electronics Inc)
Environmental Matters. Except As of the date of this Agreement, except as disclosed on Schedule 4.1(o) of the Company Disclosure Schedule, (i) the Company and each of its Subsidiaries is in compliance with all applicable federal, state and local laws and regulations relating to pollution or protection of human health or the environment (including ambient air, surface water, ground water, land surface or subsurface strata) (collectively, "Environmental Laws"), except for non compliance that, in the aggregate, would not have a Material Adverse Effect on the Company and, to the extent that the failure knowledge of the following statements to be true and correct could not Company, there is no condition that would reasonably be expected to have a Material Adverse Effect:
(a) The facilities prevent or interfere with such compliance with Environmental Laws in the future and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at neither the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has received written notice of, or, to the knowledge of the Company, is the subject of, any action, proceeding, cause of action, claim, investigation, demand or notice of violation, alleged violation, by any person or entity alleging liability under or non-compliance, liability or potential liability regarding environmental matters or compliance with any Environmental Law (an "Environmental Claim"), except for liabilities and non-compliances that in the aggregate would not have a Material Adverse Effect on the Company; (iii) except as would not in the aggregate have a Material Adverse Effect on the Company, materials that are regulated pursuant to Environmental Laws with regard or that could reasonably be expected to result in liability under Environmental Laws have not been generated, transported, treated, stored, disposed of, arranged to be disposed of, released or threatened to be released at, on, from or under any of the Properties properties or facilities currently or, to the Businessknowledge of the Company, nor does formerly owned, leased or otherwise used by the Borrower have knowledge Company or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties its Subsidiaries, in violation of, or in a manner or to a location which could that would reasonably be expected to give rise to liability under, to the Company or its Subsidiaries under any Environmental Law, Laws; and (iv) neither the Company nor have any Materials of Environmental Concern been generated, treated, stored its Subsidiaries has contractually assumed any material liabilities or disposed of at, on or obligations under any of the Properties in violation of, or in a manner Environmental Laws that could reasonably be expected to give rise to liability under, any applicable Environmental Lawhave a Material Adverse Effect on the Company.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Merger Agreement (Republic Engineered Steels Inc), Merger Agreement (Republic Engineered Steels Inc), Merger Agreement (Res Acquisition Corp)
Environmental Matters. Except Such HS Loan Party represents and warrants that the following statements are true and correct as to any Scheduled Properties in which it has any direct or indirect ownership interest (as to each HS Loan Party, for such purpose, the "Applicable Properties"): except to the extent that the facts and circumstances giving rise to any such failure of the following statements to be so true and correct correct, in the aggregate, could not reasonably be expected to have a Material Adverse Effect:
: (a) The facilities and properties ownedto its best knowledge, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Applicable Properties do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
Laws, (b) The to its best knowledge, the Applicable Properties and all operations at the Applicable Properties are in compliance, and have in the last five two years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties Applicable Properties, or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
Applicable Properties, (c) Neither the Borrower neither it nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the BusinessApplicable Properties, nor does the Borrower it have knowledge or reason to believe that any such notice will be received or is being threatened.
, (d) to its best knowledge, Materials of Environmental Concern have not been transported or disposed of from the Applicable Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Applicable Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
Laws, (e) No no judicial proceeding or governmental or administrative action is pending pending, or, to the knowledge of the Borrowerits knowledge, threatened, under any Environmental Law to which the Borrower it or any Subsidiary of its Subsidiaries is or or, to its knowledge, will be named as a party with respect to the Properties or the BusinessApplicable Properties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or of judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
Applicable Properties, (f) There to its best knowledge, there has been no release or threat of release of Materials of Environmental Concern at or from the Applicable Properties, or arising from or related to the operations of the Borrower or any Subsidiary such HS Loan Party and its Subsidiaries in connection with the Applicable Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true as set forth on Company Disclosure Schedule 4.19 hereto and correct except as could not reasonably be expected to have a Material Adverse EffectEffect with respect to the Company:
(a) The facilities and properties ownedthe operations of the Company, leased or operated by with respect to the Borrower or any of its Subsidiaries (the “Properties”) do not containBusiness, are and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, compliance in all material respects with all applicable Environmental Laws, which compliance includes obtaining, maintaining in good standing and there complying with all Environmental Permits necessary to operate the Business, except for non-compliance that would not reasonably be expected to result in the Business incurring material Environmental Costs and Liabilities, and no action or proceeding is pending or, to the Knowledge of the Company, threatened to revoke, modify or terminate any such Environmental Permit, which is necessary and material to the operation of the Business, and, to the Knowledge of the Company, no contamination atfacts, under circumstances or about conditions currently exist that could adversely affect such continued material compliance with Environmental Laws and Environmental Permits or require currently unbudgeted capital expenditures to achieve or maintain such continued material compliance with Environmental Laws and Environmental Permits;
(b) with respect to the Properties Business, the Company is not the subject of any outstanding written Order or Contract with any Governmental Authority or Person respecting (i) Environmental Laws, (ii) Remedial Action or (iii) any Release or threatened Release of a Hazardous Material;
(c) no claim is pending or to the Knowledge of the Company, threatened against the Company, alleging, with respect to the Business, that the Company may be in violation of any Environmental Law or any Environmental Permit or may have any Liability under any Environmental Law including, but not limited to, claims relating to noise or odors, other than such claims that are routine in nature and would not, individually or in the aggregate, result in the Business incurring material Environmental Costs and Liabilities;
(d) to the Knowledge of the Company, no facts, circumstances or conditions exist with respect to the Properties Business or the business any property currently or formerly owned, operated or leased by the Borrower Company or any property to which the Company arranged for the disposal or treatment of its Subsidiaries Hazardous Materials that could reasonably be expected to result in the Business incurring unbudgeted material Environmental Costs or Liabilities;
(e) to the “Knowledge of the Company, there are no investigations of the Business”) , or currently or previously owned, operated or leased property of the Company, pending or threatened, which could reasonably be expected to materially interfere with lead to the continued operation imposition of the Properties any material Environmental Costs or Business Liabilities or materially impair the fair saleable value thereof.Liens under Environmental Law;
(cf) Neither the Borrower nor transactions contemplated hereunder do not require the consent of or filings with any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding Governmental Authority with jurisdiction over the Company and environmental matters or compliance with Environmental Laws with regard to matters;
(g) there is not located at any of the Properties Owned Property or Real Property Leases, or at any property previously owned, operated or leased by the BusinessCompany during the Company’s ownership, nor does the Borrower have knowledge operation or reason to believe that lease, any such notice will be received (i) underground storage tanks, (ii) landfill, (iii) surface impoundment, (iv) asbestos-containing material or is being threatened.(v) equipment containing polychlorinated biphenyls;
(dh) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party Company with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law Business has no residual liability with respect to abandoned or former properties, including any obligation to remove or demolish on-site structures or close wastewater lagoons or ponds, and, to the Properties Knowledge of the Company, no Owned Property or the Business.Real Property Leases have any structures or features, including abandoned buildings or wastewater lagoons or ponds (other than those being used in compliance with Environmental Laws) requiring removal, demolition, or closure; and
(fi) There the Company has made available to MergerLLC all material environmentally related audits, studies, reports, analyses and results of investigations that have been no release performed with respect to any currently or threat previously owned, leased or operated properties of release of Materials of the Company or material documentation relating to pending or threatened claims or investigations pursuant to Environmental Concern at or from the PropertiesLaws, or arising from or related to the operations extent such materials are in the possession, custody or control of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsCompany.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Blackhawk Biofuels, LLC), Merger Agreement (Blackhawk Biofuels, LLC), Agreement and Plan of Merger (Blackhawk Biofuels, LLC)
Environmental Matters. (a) Except with respect to any matters that, individually or in the extent that the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have result in a Material Adverse Effect:, none of the Borrower or any of the Subsidiaries (i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law, (ii) has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability or (iv) knows of any basis for any Environmental Liability.
(ab) The facilities Except with respect to any matters that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect: (i) each Mortgaged Property is and properties has been in compliance with all Environmental Laws and any permit, license or other approval required under any Environmental Law, (ii) there are no actual, alleged or contingent Environmental Liabilities at, in connection with or in any way relating to any Mortgaged Property and (iii) none of the Borrower or any of the Subsidiaries knows of any basis for any Environmental Liability at, in connection with or in any way relating to any of the Mortgaged Property.
(c) As of the Closing Date, there is no environmental report, investigation, study, audit or other analysis describing or disclosing any material environmental condition, cost, liability or obligation, including as relates to compliance, that is within the possession, custody or control of the Borrower or any of the Subsidiaries in relation to the current or prior business of the Borrower or any Subsidiary or any property or facility now or previously owned, leased or operated by the Borrower or any of its Subsidiaries (Subsidiary, including the “Mortgaged Properties”) do , which has not contain, and have not previously contained, any Materials of Environmental Concern in amounts been delivered or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect otherwise made available to the Properties or Lenders at least five days prior to the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threateneddate hereof.
(d) Materials For purposes of Environmental Concern have not been transported this Section, the terms “Borrower” and “Subsidiary” shall include any business or disposed of from the Properties business entity which is, in violation of, whole or in part, a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations predecessor of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsSubsidiary.
Appears in 3 contracts
Samples: Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.), Credit Agreement (Cactus, Inc.)
Environmental Matters. Except to the extent that the failure any of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The To the best knowledge of the Borrower, the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, compliance in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc)
Environmental Matters. Except Other than exceptions to the extent that the failure any of the following statements to be true and correct that could not not, individually or in the aggregate, reasonably be expected to have result in a Material Adverse EffectEffect or the payment of a Material Environmental Amount:
(a) The facilities Borrower and properties its Subsidiaries: (i) are, and within the period of all applicable statutes of limitation have been, in compliance with all applicable Environmental Laws; (ii) hold all Environmental Permits (each of which is in full force and effect) required for any of their current operations or for any property owned, leased, or otherwise operated by any of them; (iii) are, and within the period of all applicable statutes of limitation have been, in compliance with all of their Environmental Permits; and (iv) reasonably believe that there are no pending changes in applicable Environmental Laws.
(b) Materials of Environmental Concern are not present at, on, under, in, or about any real property now or formerly owned, leased or operated by the Borrower or any of its Subsidiaries or, to the Borrower's knowledge, at any other location (the “Properties”) do not containincluding, and have not previously containedwithout limitation, any location to which Materials of Environmental Concern in amounts have been sent for re-use or concentrations recycling or for treatment, storage, or disposal) which could reasonably be expected to (i) constitute give rise to liability of the Borrower or constituted a violation ofany Subsidiary, or (ii) could reasonably be expected to give rise to liability underinterfere with the Borrower's or any Subsidiary's continued operations, or (iii) impair the fair saleable value, as a component of a going business, of any Environmental Lawreal property owned or leased by the Borrower or any Subsidiary.
(bc) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there There is no contamination atjudicial, administrative, or arbitral proceeding (including any notice of violation or alleged violation) under or about the Properties or violation of relating to any Environmental Law with respect to the Properties or the business operated by which the Borrower or any of its Subsidiaries (is, or to the “Business”) which could reasonably be expected to materially interfere with the continued operation knowledge of the Properties or Business or materially impair Borrower will be, named as a party that is pending or, to the fair saleable value thereofknowledge of the Borrower, threatened.
(cd) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofwritten request for information, or in been notified that it is a manner potentially responsible party under or relating to a location which could reasonably be expected to give rise to liability underthe federal Comprehensive Environmental Response, Compensation, and Liability Act or any similar Environmental Law, nor have or with respect to any Materials of Environmental Concern been generatedConcern.
(e) Neither the Borrower nor any of its Subsidiaries has entered into or agreed to any consent decree, treatedorder, stored or disposed of atsettlement or other agreement, on nor is subject to any judgment, decree, or order or other agreement, in any judicial, administrative, arbitral, or other forum, relating to compliance with or liability under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(ef) No judicial proceeding Neither the Borrower nor any of its Subsidiaries has assumed or governmental retained, by contract or administrative action is pending oroperation of law, to the knowledge any liabilities of the Borrowerany kind, threatenedfixed or contingent, known or unknown, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to any Material of Environmental Concern. Notwithstanding the Properties or qualification as to the BusinessBorrower's knowledge set forth in the foregoing subsection 4.16(b), nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersfor purposes of Section 8(b) the representations contained in such subsection 4.16(b) shall be deemed to be made, or other administrative or judicial requirements outstanding under any Environmental Law with respect have been made, as the case may be, without giving effect to the Properties or the Businesssuch qualification.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Imperial Holly Corp), Credit Agreement (Imperial Holly Corp), Credit Agreement (Imperial Holly Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower and the other Credit Parties or any of its their Subsidiaries (the “"Properties”") do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation ofof any Environmental Law, or (ii) which could reasonably be expected to give rise to liability under, any Environmental Lawhave a Material Adverse Effect.
(b) The Properties and all operations of the Borrower and the other Credit Parties and/or their Subsidiaries at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and to the best knowledge of the Borrower, there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower and the other Credit Parties or any of its their Subsidiaries (the “"Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof").
(c) Neither the Borrower nor any of its Subsidiaries the other Credit Parties has received any written or actual notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower or any of the other Credit Parties nor any of their Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatened, which could reasonably be expected to have a Material Adverse Effect.
(d) To the best knowledge of the Borrower, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerBorrower and the other Credit Parties, threatened, under any Environmental Law to which the Borrower or any other Credit Party or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There To the best knowledge of the Borrower, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any other Credit Party or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Intermagnetics General Corp), Credit Agreement (Intermagnetics General Corp), Credit Agreement (Intermagnetics General Corp)
Environmental Matters. Except to as, in the extent that the failure of the following statements to be true and correct could aggregate, would not reasonably be expected to have a Material Adverse Effect:
(ai) The to the knowledge of the Borrower the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries Group Member (as used in this Section 3.15, the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) or under circumstances that constitute or constituted a violation of, or (ii) could would reasonably be expected to give rise to liability under, any Environmental Law.;
(bii) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries Group Member has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by any Group Member (the “Business”), nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(diii) no Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could would be reasonably be expected to give rise to liability under, any applicable Environmental Law., nor, to the knowledge of the Borrower, have Materials of Environmental Concern been transported or disposed of from the Properties in violation of, or in a manner or to a location that would reasonably be expected to give rise to liability under, any Environmental Law;
(eiv) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatenedthreatened in writing, under any Environmental Law to which the Borrower or any Subsidiary Group Member is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other written orders, or other written administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.;
(fv) There there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary Group Member in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could would reasonably be expected to give rise to liability under, under Environmental Laws;
(vi) to the knowledge of the Borrower, the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, with all applicable Environmental Laws, and there is no contamination that would reasonably be expected to give rise to liability under Environmental Laws at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the Business; and
(vii) to the knowledge of the Borrower, no Group Member has assumed any liability of any other Person under Environmental Laws which is expected to result in claims against or liabilities of the Borrower.
Appears in 3 contracts
Samples: First Lien Credit Agreement (Chrysler Group LLC), First Lien Credit Agreement (Chrysler Group LLC), First Lien Credit Agreement
Environmental Matters. Except To the knowledge of the Borrower, each of the representations and warranties set forth in paragraphs (a) through (f) of this Section is true and correct, except to the extent that the failure of the following statements such failures to be so true and correct could not reasonably be expected to have a Material Adverse Effectare disclosed in Schedule 4.17 hereto:
(a) The facilities and properties owned, leased or operated by the Borrower Parent or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawLaw except in either case insofar as such violation or liability, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental Amount.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five 5 years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Parent or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business of, or materially impair the fair saleable value thereofof, the Properties taken as a whole.
(c) Neither the Borrower Parent nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Parent or the Borrower have knowledge or reason to believe that any such notice will be received or is being threatenedthreatened except insofar as such notice or threatened notice, or any aggregation thereof, does not involve a matter or matters that is or are reasonably likely to result in the payment of a Material Environmental Amount.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental LawLaw except insofar as any such violation or liability referred to in this paragraph, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental Amount.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Parent or the Borrower, threatened, under any Environmental Law to which the Borrower Parent or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the BusinessBusiness except insofar as such proceeding, action, decree, order or other requirement, or any aggregation thereof, is not reasonably likely to result in the payment of a material Environmental Amount.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower Parent or any Subsidiary of its Subsidiaries in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder Environmental Laws except insofar as any such violation or liability referred to in this paragraph, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental LawsAmount.
Appears in 3 contracts
Samples: Credit Agreement (Landstar System Inc), Credit Agreement (Landstar System Inc), Credit Agreement (Landstar System Inc)
Environmental Matters. Except To the best of Borrower's knowledge, except as previously disclosed by Borrower to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse EffectBank in writing:
(a1) The facilities Oil and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Gas Properties do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation ofin, on, or (ii) could reasonably be expected to give rise to liability under, including, without limitation, the soil and groundwater thereunder, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) Hazardous Materials which could reasonably be expected to materially would interfere with the continued operation of any of the Oil and Gas Properties or Business or materially impair the fair saleable value thereof.;
(c2) Neither The Oil and Gas Properties and all operations and facilities located at the Borrower nor Oil and Gas Properties are in compliance with all Environmental Laws, and there are no Hazardous Materials located on, in or under the Oil and Gas Properties which would interfere with the continued operation of any of its Subsidiaries the Oil and Gas Properties or impair the fair saleable value of any thereof;
(3) Borrower has not received any complaint, judgment, notice of violation, alleged violation, non-compliance, investigation or advisory action of potential liability or of potential liability responsibility regarding environmental protection matters or permit compliance with under the Environmental Laws with regard to any of the Properties or the BusinessOil and Gas Properties, nor does the is Borrower have knowledge or reason to believe aware that any governmental authority is contemplating delivering to Borrower any such notice. Borrower is not aware of any condition or occurrence on the Oil and Gas Properties that could form the basis of any complaint, judgment, notice will be received of violation, alleged violation, investigation or is being threatened.advisory action of potential liability or of potential responsibility regarding environmental protection matters or permit compliance under the Environmental Laws with regard to the Oil and Gas Properties;
(d4) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofgenerated, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generatedused, treated, stored stored, handled, released or disposed of of, as defined under the Environmental Laws, at, on or under any of the Oil and Gas Properties, nor have any Hazardous Materials been transported from the Oil and Gas Properties to any other location, nor have any Hazardous Materials from the Oil and Gas Properties been used, treated, stored, handled, released or arranged for disposal of or disposed of at any other location, other than crude oil and natural gas produced on and transported from the Oil and Gas Properties and Hazardous Materials customarily used in violation of, oil and gas operations which would not interfere with the continued operation of any of the Oil and Gas Properties or in a manner that could reasonably be expected to give rise to liability under, impair the fair saleable value of any applicable Environmental Law.thereof; and
(e5) No There are no governmental, administrative actions or judicial proceeding proceedings, including private party actions, pending or governmental or administrative action contemplated under any Environmental Laws to which Borrower is pending or, to the knowledge of the Borrower's best knowledge, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the BusinessOil and Gas Properties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations any of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsOil and Gas Properties.
Appears in 3 contracts
Samples: Credit Agreement (St Mary Land & Exploration Co), Credit Agreement (St Mary Land & Exploration Co), Credit Agreement (St Mary Land & Exploration Co)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as set forth in Schedule 6.25 or as otherwise could not reasonably be expected expected, either individually or in the aggregate, to have result in a Material Adverse EffectChange:
(a) The Borrower and its Subsidiaries, their operations, facilities and properties are in compliance with all applicable Environmental Laws.
(b) The facilities and properties currently or formerly owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Hazardous Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by for the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofunder, any applicable Environmental Law.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws Laws, including any with regard to their activities at any of the Properties or the Business, nor does business currently or formerly operated by the Borrower have knowledge or reason to believe that any such notice will be received of its Subsidiaries, or is being threatenedany prior business for which the Borrower or any of its Subsidiaries has retained liability under any Environmental Law.
(d) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability for the Borrower or any of its Subsidiaries under, any applicable Environmental Law, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of by or on behalf of the Borrower or any of its Subsidiaries at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which for the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Businessof its Subsidiaries.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 3 contracts
Samples: Revolving Credit Facility (CNX Coal Resources LP), Revolving Credit Facility (CNX Coal Resources LP), Credit Agreement (CNX Coal Resources LP)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties ownedTo the best knowledge of the Company, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Properties do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawLaw except to the extent such violation or liability could not reasonably be expected to have a Material Adverse Effect.
(b) The To the best knowledge of the Company, (i) the Properties and all operations of the Company and its Subsidiaries at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and (ii) there is no contamination at, under or about the Properties or violation of any Environmental Law Laws with respect to the Properties or the business operated by the Borrower Company or any of its Subsidiaries (the “Business”) which except to the extent such noncompliance or violation could not reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofhave a Material Adverse Effect.
(c) Neither Except as set forth on Schedule 3.18, neither the Borrower Company nor any of its Subsidiaries Subsidiary has received any written or actual notice of material violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower Company have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the best knowledge of the Company, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to material liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to material liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany, threatened, under any Environmental Law to which the Borrower Company or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the BusinessBusiness that, in each case, individually or in the aggregate could reasonably be expected to have a Material Adverse Effect.
(f) There To the best knowledge of the Company, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary Company in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to material liability under, under Environmental Laws.
Appears in 3 contracts
Samples: Credit Agreement (Universal Health Realty Income Trust), Credit Agreement (Universal Health Realty Income Trust), Credit Agreement (Universal Health Realty Income Trust)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased Properties owned or operated by the Borrower Company or any of its Subsidiaries (the “Relevant Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a material violation of, of or (ii) could reasonably be expected to give rise to a material liability under, any Environmental Law.
(b) The Company, the Relevant Properties and all operations of the Company at the Relevant Properties are in material compliance, and have in have, for the last five years duration of their ownership or operation by the Company and its Subsidiaries, been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation Relevant Properties. All Environmental Permits necessary in connection with the operations of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of Company and its Subsidiaries (have been obtained and are in full force and effect except for those Environmental Permits for which the “Business”) which failure to obtain could not reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofresult in a material obligation under Environmental Laws.
(c) Neither the Borrower Company nor any of its Subsidiaries has have received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters liability under or compliance with Environmental Laws with regard to any of the Relevant Properties or the Businessits operations, nor does the Borrower except for matters that have knowledge or reason to believe that any such notice will be received or is being threatenedbeen resolved.
(d) Materials of Environmental Concern have not been transported or disposed of from the Relevant Properties by or on behalf of the Company or its Subsidiaries in violation of, or to the Company’s knowledge, in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Relevant Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany, threatenedthreatened in writing, under any Environmental Law to which the Borrower Company or any Subsidiary is its Subsidiaries are or to the knowledge of the Company will be named as a party with respect to the Relevant Properties or the Businessoperations of the Company or its Subsidiaries, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Relevant Properties or the Businessoperations of the company or its Subsidiaries.
(f) There has been no release The representations and warranties under this Section 7.21 are the exclusive representations and warranties of the Company regarding Environmental Laws or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsConcern.
Appears in 2 contracts
Samples: Credit Agreement (Empire Resources Inc /New/), Credit Agreement (Empire Resources Inc /New/)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could as would not reasonably be expected to have a Material Adverse Effectbe materially adverse to the Business:
(a) The facilities and properties ownedsince January 1, leased or operated by 2016, the Borrower or any of its Subsidiaries (the “Properties”) do not containCompanies, and to the extent related to matters in respect of the Business, Seller and its Subsidiaries, have not previously containedcomplied with all applicable Laws pertaining to pollution or protection of the environment, any natural resources or human health and safety (to the extent relating to exposure to Hazardous Materials) or the use, handling or disposal of Hazardous Materials of (collectively, “Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.Laws”);
(b) The Properties and all operations at the Properties there are in complianceno Proceedings pending or, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any Knowledge of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation Seller, threatened against either of the Properties Companies, or Business or materially impair to the fair saleable value thereof.
(c) Neither the Borrower nor any extent related to matters in respect of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does Seller or its Subsidiaries, asserting a violation of or any Liability under Environmental Laws or relating to the Borrower have knowledge spill, release or reason to believe that disposal of any such notice will be received materials defined as “hazardous substances,” “pollutants,” “contaminants,” “solid wastes” or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of“hazardous wastes” under, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability underare otherwise regulated pursuant to, any applicable Environmental Law., including any (i) asbestos and asbestos-containing materials, (ii) petroleum or petroleum-containing materials, (iii) radiation and radioactive materials and (iv) polychlorinated biphenyls (“Hazardous Materials”);
(ec) No judicial proceeding there has been no spill or governmental release of any Hazardous Material by either of the Companies, or administrative action is pending orto the extent related to matters in respect of the Business, Seller or its Subsidiaries, at any property, or to the Knowledge of Seller, at any property formerly owned, occupied or operated by either of the Companies, or to the extent related to matters in respect of the Business, Seller or its Subsidiaries, or at any third party disposal location. Since January 1, 2016, to the knowledge extent related to matters in respect of the BorrowerBusiness, threatenedneither Seller or its Subsidiaries, under nor either Company has received written notice from any Environmental Law to which Person alleging that the Borrower Business or either Company is actually or potentially responsible for the presence or release of any Subsidiary is Hazardous Materials at any location, whether at any Leased Real Property or will be named as a party otherwise; and
(d) with respect to material Liabilities relating to the Properties operation of the Business under Environmental Laws or the Businessenvironmental condition of any Leased Real Property, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations as of the Borrower hereof, Seller has made available to Buyer complete and accurate copies of the most recent environmental audit, investigation or any Subsidiary environmental reports reasonably in connection with the Properties Seller’s or otherwise in connection with the Business, in violation of, or in amounts or in a manner its Affiliates possession that could reasonably be expected to give rise to liability under, Environmental Lawsprovide disclosure of all such material Liabilities.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Western Union CO), Stock Purchase Agreement (Aci Worldwide, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities To the knowledge of the Company, the Company and properties ownedeach of the Subsidiaries have been in material compliance, leased or operated and presently are in material compliance, with all applicable Environmental Laws (which compliance includes, but is not limited to, the possession by the Borrower or any Company and each of its the Subsidiaries (the “Properties”) do not containof all material Permits and other governmental authorizations required under applicable Environmental Laws, and compliance with the terms and conditions thereof). To the knowledge of the Company, all applications, notices and other documents have been filed as necessary to effect the timely renewal or issuance of these Permits. To the knowledge of the Company, the Company has not previously containedreceived written notice that any current Permit will be challenged or terminated prematurely or that applications that have been submitted for new or renewal Permits required for continued operation of the Facilities in substantially the same manner as they are presently operating will not be granted. To the knowledge of the Company, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, there are no present requirements under any Environmental LawLaw or Permit that will require any material change to the Facilities or preclude continued operation of the Facilities in substantially the same manner in which the Facilities are presently operating.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there There is no contamination at, under or about the Properties or violation of any material Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is Claim pending or, to the knowledge of the BorrowerCompany, threatenedthreatened in writing against the Company, under any of the Subsidiaries or, to the knowledge of the Company, against any person or entity whose liability for any Environmental Law to which Claim the Borrower Company or any Subsidiary of its Subsidiaries has or may have retained or assumed either contractually or by operation of law. To the knowledge of the Company, there have been no Releases of Hazardous Materials on, beneath, or adjacent to any property that has been or is owned, operated, or leased by the Company or any of the Subsidiaries in quantities sufficient to form the basis for a material Environmental Claim. To the knowledge of the Company, neither the Company nor any of the Subsidiaries have sent Hazardous Materials for off-site management, treatment, storage, recycling, reuse, or disposal at any site that presently is or will reasonably is expected to be named as a party with respect to the Properties subject of an Environmental Claim or the Business, nor are there remediation of any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Businesskind.
(fc) There To the knowledge of the Company, the Company and its Subsidiaries have not in any material respect, and no other person has in any material respect, discharged, buried, dumped or disposed of Hazardous Materials or any other wastes produced by, or resulting from, any business, commercial or industrial activities, operations or processes, on, beneath or adjacent to any property currently or formerly owned, operated or leased by the Company or any of its Subsidiaries and none of these properties has been no release the subject of any environmental remediation, investigation or threat monitoring program. Without in any way limiting the generality of release of Materials of Environmental Concern at or from the Propertiesforegoing, or arising from or related to the operations knowledge of the Borrower Company, none of the properties owned, operated or leased by the Company or any Subsidiary of its Subsidiaries contain any: underground storage tanks; asbestos or asbestos-containing materials; polychlorinated biphenyls; underground injection wells; any units that presently require either interim status or a perxxx xnder the Resource Conservation or Recovery Act; or septic tanks or waste disposal pits in which any wastewater or any Hazardous Materials have been discharged or disposed.
(d) No Lien which any Governmental Authority has imposed in connection with the Properties presence of any Hazardous Materials, pursuant to any applicable Environmental Law, is currently outstanding on any property or otherwise Facility that is owned, leased or operated by the Company or any of its Subsidiaries.
(e) The Company and each of the Subsidiaries have made available to Purchaser all material investigations, studies, audits, tests, sampling and monitoring data, asbestos and other building surveys, analyses and reviews created since September 30, 2001 that are in connection their possession relating to: (i) the environment associated with the BusinessFacilities and with all properties previously or currently owned or operated by the Company or the Subsidiaries, in violation ofincluding without limitation indoor and outdoor air quality, groundwater conditions, surface water conditions, and soil conditions; (ii) any actual or threatened Releases at, in, on, under, affecting, or in amounts migrating to or in a manner that could reasonably be expected to give rise to liability from the Facilities or from any properties previously or currently owned or operated by the Company or the Subsidiaries; (iii) any actual or threatened contamination at, in, on, under, affecting or migrating to or from the Facilities or from any properties previously or currently owned or operated by the Company or by the Subsidiaries; and (iv) any pending or threatened Environmental LawsClaims against the Company, any of the Subsidiaries, or any Facility.
Appears in 2 contracts
Samples: Merger Agreement (Biltmore Surgery Center Holdings Inc), Merger Agreement (Iasis Healthcare Corp)
Environmental Matters. Except to the extent that the facts and circumstances giving rise to any such failure of the following statements to be so true and correct correct, in the aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by To the best knowledge of the Borrower or any of its Subsidiaries (and Kimco, the “Properties”) Properties do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawLaws.
(b) The To the best knowledge of the Borrower and Kimco, the Properties and all operations at the Properties are in compliance, and have in the last five two years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties Properties, or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofProperties.
(c) Neither the Borrower Borrower, Kimco nor any of its Kimco's Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the BusinessProperties, nor does the Borrower or Kimco have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the best knowledge of the Borrower and Kimco, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental LawLaws.
(e) No judicial proceeding or governmental or administrative action is pending pending, or, to the knowledge of the BorrowerBorrower and Kimco, threatened, under any Environmental Law to which Kimco or any of its Subsidiaries is or, to the knowledge of the Borrower or any Subsidiary is or and Kimco, will be named as a party with respect to the Properties or the BusinessProperties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or of judicial requirements outstanding under any Environmental Law with respect to the Properties or the BusinessProperties.
(f) There To the best knowledge of the Borrower and Kimco, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary Borrower, Kimco and Kimco's Subsidiaries in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effectas is described on Schedule 4.1(x) attached hereto:
(ai) The facilities To the best of the Borrower's and properties ownedits Subsidiaries' knowledge, leased or operated by after reasonably diligent inquiry, the Borrower or any of its Subsidiaries (the “Properties”) do Property does not contain, in, on or under, including, without limitation, the soil and have not previously containedgroundwater thereunder, any Hazardous Materials in violation of Environmental Concern Laws or in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) that could reasonably be expected to give rise to liability under, any under Environmental LawLaws.
(bii) The Properties Borrower and all operations at each of the Properties are Borrower's Subsidiaries is in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of any of the Properties or Business or materially impair the fair saleable value thereoffinancial condition of the Borrower and the Borrower's Subsidiaries on a consolidated basis.
(ciii) Neither the Borrower nor any of the Borrower's Subsidiaries has received from any Governmental Authority any complaint, or notice of violation, alleged violation, investigation or advisory action or notice of potential liability regarding matters of environmental protection or permit compliance under applicable Environmental Laws with regard to the Properties, nor is the Borrower aware that any such notice is pending.
(iv) Hazardous Materials have not been generated, treated, stored, disposed of, at, on or under any of the Property in violation of any Environmental Laws or in a manner that could give rise to material liability under Environmental Laws nor have any Hazardous Materials been transported or disposed of from any of the Properties to any other location in violation of any Environmental Laws or in a manner that could give rise to material liability under Environmental Laws.
(v) Neither the Borrower nor any of its Subsidiaries has received is a party to any notice of violation, alleged violation, non-compliance, liability governmental administrative actions or potential liability regarding environmental matters or compliance judicial proceedings pending under any Environmental Law with Environmental Laws with regard respect to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the BusinessProperties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to any of the Properties or the BusinessProperties.
(fvi) There To the best of the Borrower's and its Subsidiaries' knowledge, after reasonably diligent inquiry, there has been no release or threat of release of Hazardous Materials of Environmental Concern into the environment at or from any of the Properties, or arising from or related relating to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the BusinessBorrower, in violation of, of Environmental Laws or in amounts or in a manner that could reasonably be expected to give rise to material liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Zenith Electronics Corp), Credit Agreement (Zenith Electronics Corp)
Environmental Matters. Except (a) In connection with the Business, Seller and its Subsidiaries, in the aggregate, hold all material Permits that are required to be obtained by the extent that Business under Environmental Laws (“Environmental Permits”) in connection with the ownership, occupancy or use of the Real Property or the operation of the Business as currently conducted, except where the failure of to hold such Permits, individually or in the following statements to be true aggregate, has not had and correct could would not reasonably be expected to have a Material Adverse Effect:.
(ab) The facilities operations of the Business (and properties ownedeach of Seller and its Subsidiaries, leased in respect of the Business) is and since May 21, 2015 has been in compliance with: (A) all terms and conditions of all Environmental Permits; (B) all Environmental Laws, which compliance includes obtaining, maintaining in good standing and complying with all Environmental Permits necessary to operate the Business; and (C) all Governmental Orders and settlement agreements that bind the Business and were issued, entered, promulgated or operated by approved under Environmental Laws, in each case except for such noncompliance that, individually or in the Borrower aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect.
(c) With respect to the Business, as of the date hereof, there is no Action pending or, to Seller’s knowledge, threatened against Seller or any of its Subsidiaries (A) relating to the “Properties”Release of Hazardous Material or the presence of any Hazardous Material at any location or under any Environmental Laws or (B) do not containto revoke, and modify or terminate any Environmental Permit other than Actions that, individually or in the aggregate, have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could had and would not reasonably be expected to give rise have a Material Adverse Effect. Since May 21, 2015 until the date of this Agreement, except as is not and would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, no written claim has been received by any of Seller and its Subsidiaries with respect to the Business or the Transferred Assets alleging that any such Person may be in violation of any Environmental Law or any Environmental Permit or may have any liability under, under any Environmental Law.
(bd) The Properties and all operations There has been no Release, including any threatened Release, of any Hazardous Material in, on or from any Real Property or at the Properties are in compliance, and have in the last five years been in complianceany other location, in all material respects with all applicable Environmental Laws, and there is no contamination at, under each case for which the Business (or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Seller or any of its Subsidiaries with respect to the Business) may have liability under Environmental Law, and all underground and above-ground storage tanks operated by the Business (or Seller or any of its Subsidiaries with respect to the “Business”) which could located on any Real Property have, since May 21, 2015, been used and maintained in compliance with all Environmental Laws (and, to Seller’s Knowledge, all underground and above-ground storage tanks located on the Real Property are operated by the Business, or by Seller or any of its Subsidiaries with respect to the Business), in each case except for such liability, noncompliance or tanks that, individually or in the aggregate, has not had and would not reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofhave a Material Adverse Effect.
(ce) To Seller’s Knowledge, (i) no Real Property or any location where waste generated in connection with the Business was disposed is listed or is proposed for listing on the National Priorities List pursuant to the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, or on any similar local, state or foreign list of sites requiring investigation or Remedial Action; and (ii) with respect to the Business, no Lien has been filed against either the personal or real property of Seller or any of its Subsidiaries under any Environmental Law, in each case except for listings, proposed listings or Liens the subject matter of which, individually or in the aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect.
(f) Seller has provided to Purchaser all material environmental audits prepared since May 21, 2015, and to Seller’s Knowledge, all Phase I and II environmental assessments related to the environment, in each case that (i) have been performed with respect to the Transferred Assets and (ii) are in the possession of Seller or reasonably controlled by it.
(g) Neither the Borrower Seller nor any of its Subsidiaries with respect to the Business or the Transferred Assets is the subject of any material outstanding written Governmental Order respecting (i) Environmental Laws, (ii) Remedial Action or (iii) any Release or threatened Release of a Hazardous Material.
(h) As of the date hereof, there are no (i) pending investigations for which Seller has received any notice notification or (ii) to Seller’s Knowledge threatened investigations of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge Transferred Assets or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofTransferred Entities, or currently or previously owned, operated or leased property of Seller or any of its Subsidiaries used in a manner or to a location the operation of the Business for which could Seller has received notification, in each case of (i) and (ii) which would reasonably be expected to give rise lead to liability underthe imposition on the Business, the Transferred Entities, Purchaser or any of its Affiliates of any Environmental Costs and Liabilities or Liens under Environmental Law, nor have any Materials of Environmental Concern been generatedother than such costs, treatedLiabilities and Liens that, stored or disposed of at, on or under any of the Properties in violation of, individually or in a manner that could the aggregate, have not had and would not reasonably be expected to give rise to liability under, any applicable Environmental Lawhave a Material Adverse Effect.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 2 contracts
Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.)
Environmental Matters. Except to as, in the extent that the failure of the following statements to be true and correct could aggregate, would not reasonably be expected to have a Material Adverse Effect:
(a) The the facilities and real properties owned, leased or operated by the Borrower Company or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) under circumstances that constitute or constituted a violation of, or (ii) could would reasonably be expected to give rise to liability under, any Environmental Law.Law;
(b) The Properties and all operations at neither the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by the Company or any of its Subsidiaries (the “Business, ”) nor does the Borrower Company have knowledge or reason to believe that Knowledge of any such notice will be received or is being threatened.threatened notice;
(dc) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could that would be reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could would reasonably be expected to give rise to liability under, any applicable Environmental Law.Law;
(ed) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge Knowledge of the BorrowerCompany, threatened, under any Environmental Law to which the Borrower Company or any Subsidiary is or or, to the knowledge of the Company, will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, orders or administrative orders or other orders, or other administrative or judicial requirements outstanding orders in effect under any Environmental Law with respect to the Properties or the Business.Business;
(fe) There there has been no release or threat of threatened release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower Company or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder Environmental Laws; and
(f) the Company and the Subsidiaries are, and have in the last five years been in compliance, with all applicable Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Taboola.com Ltd.), Incremental Facility Amendment (Taboola.com Ltd.)
Environmental Matters. Except to as (i) disclosed in the extent that Specified Exchange Act Filings or (ii)in the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The the facilities and properties owned, leased or operated by the Borrower or any of and its Significant Subsidiaries (the “Properties”) do not contain, and and, to the Borrower’s knowledge, have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) or under circumstances that constitute or constituted a violation of, or (ii) could reasonably be expected or, to the Borrower’s knowledge, would give rise to liability under, any Environmental Law.;
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither neither the Borrower nor any of its Significant Subsidiaries has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the business operated by the Borrower and its Significant Subsidiaries (the “Business”), nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(dc) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected that, to the Borrower’s knowledge, would give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected that, to the Borrower’s knowledge, would give rise to liability under, any applicable Environmental Law.;
(ed) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary of its Significant Subsidiaries is or will be named as a party with LOSANGELES 618830 v1 (2K) respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.;
(fe) There there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary of its Significant Subsidiaries in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected that, to the Borrower’s knowledge, would give rise to liability underunder Environmental Laws;
(f) the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the Business; and
(g) neither the Borrower nor any of its Significant Subsidiaries has assumed any liability of any other Person under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Gas & Electric Co), Credit Agreement (Pg&e Corp)
Environmental Matters. Except Other than exceptions to the extent that the failure any of the following statements to be true and correct could not that would not, individually or in the aggregate, reasonably be expected to have result in the payment of a Material Adverse EffectEnvironmental Amount:
(a) The the facilities and properties owned, leased or operated by the Parent, either Borrower or any of its Subsidiaries Subsidiary (the “"Properties”") do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could would reasonably be expected to give rise to liability on the part of Parent, either Borrower or any Subsidiary under, any applicable Environmental Law.;
(b) The the Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any applicable Environmental Law with respect to the Properties or the business operated by the Parent, either Borrower or any of its Subsidiaries Subsidiary (the “"Business”") which could reasonably be expected to would materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.Properties;
(c) Neither the none of Parent, either Borrower nor or any of its Subsidiaries Subsidiary has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with applicable Environmental Laws with regard to any of the Properties or the Business, nor does the and none of Parent or either Borrower have has knowledge or reason to believe that any such notice will be received or is being threatened.;
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties Properties, in violation of, or in a manner or to a location which could would reasonably be expected to give rise to liability on the part of Parent, either Borrower or any Subsidiary under, any applicable Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties Properties, in violation of, or in a manner that could would reasonably be expected to give rise to liability on the part of Parent, either Borrower or any Subsidiary under, any applicable Environmental Law.;
(e) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Parent or either Borrower, threatened, under any applicable Environmental Law to which the Parent, either Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any applicable Environmental Law with respect to the Properties or the Business.;
(f) There there has been no release Release or threat of release threatened Release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Parent, either Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could would reasonably be expected to give rise to liability underon the part of Parent, either Borrower or any Subsidiary under applicable Environmental Laws; and
(g) none of Parent, either Borrower or any Subsidiary has assumed or retained, by contract or operation of law, any known or suspected liabilities of any kind, fixed or contingent, as a result of any violation or breach of applicable Environmental Law or with respect to any contamination by any Materials of Environmental Concern.
Appears in 2 contracts
Samples: Credit Agreement (Dirsamex Sa De Cv), Credit Agreement (Jafra Worldwide Holdings Lux Sarl)
Environmental Matters. Except to the extent that the failure all of the following statements to be true and correct could would not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) Properties do not contain, and have not previously contained, in, on, or under, including, without limitation, the soil and groundwater thereunder, any Materials of Environmental Concern in amounts or concentrations which (i) that constitute or constituted a violation of, or (ii) and reasonably could reasonably be expected to give rise to liability under, any to the Borrowers under Environmental LawLaws.
(b) The Properties and all operations and facilities at the Properties are in substantial compliance, and have in the last five years been in compliance, in all material respects substantial compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the any Borrower or any of its Subsidiaries (the “Business”) thereof which could reasonably be expected to materially interfere with the continued operation of any of the Properties or Business or materially impair the fair saleable value of any thereof. None of the Borrowers has assumed any liability of any Person under Environmental Laws.
(c) Neither the Company nor any other Borrower nor any of its their Subsidiaries has received or is aware of any claim, notice of violation, alleged violation, non-compliance, liability investigation or advisory action or potential liability regarding environmental matters or compliance with of Environmental Laws Law with regard to any of the Properties which has not been satisfactorily resolved by the Company or the Businesssuch other Borrower, nor does is the Company nor any other Borrower aware or have knowledge or reason to believe that any such notice will be received or action is being contemplated, considered or threatened.
(d) Materials of Environmental Concern have not been transported generated, treated, stored, transported, disposed of, at, on, from or disposed under any of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, by any Environmental Lawof the Borrowers, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under transferred by any of the Borrowers from the Properties to any other location except in violation of, or either case in a manner the ordinary course of business of the Borrowers in substantial compliance with all Environmental Laws and such that could it would not reasonably be expected to give rise to liability under, to the Borrowers under any applicable Environmental Law.
(e) No There are no governmental, administrative actions or judicial proceeding or governmental or administrative action is proceedings pending or, to the best knowledge of the Borrowereach Borrower after reasonable inquiry, threatened, contemplated or threatened under any Environmental Law Laws to which the Borrower or any Subsidiary Company is or will be named as a party with respect to the Properties or the BusinessProperties, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to any of the Properties or to the Businessbest knowledge of each Borrower after reasonable inquiry.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations operation of the Borrower or any Subsidiary Borrowers in connection with the Properties or otherwise in connection with the Business, business operated by the Borrowers in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underto the Borrowers under any Environmental Law.
(g) To the best knowledge of the Borrowers after reasonable inquiry, Environmental Lawseach of the representations and warranties set forth in paragraphs 3.13(a) through 3.13(f) is true and correct with respect to each Property.
Appears in 2 contracts
Samples: Credit Agreement (Tasty Baking Co), Credit Agreement (Tasty Baking Co)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as could not reasonably be --------------------- expected to have result in a Material Adverse Effect:
(a) The the facilities and properties owned, leased or operated owned by the Borrower or any of its Subsidiaries (the “"Owned Properties”") do not contain, and and, to the ---------------- knowledge of the Borrower to the extent not owned, leased or operated during the past five years, have not previously containedcontained during the past five years, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.;
(b) The the facilities and properties leased or operated by the Borrower or any of its Subsidiaries, but not owned by them (the "Leased and Operated ------------------- Properties"), to the knowledge of the Borrower, do not contain and have not ---------- contained during the past five years, any Materials of Environmental Concern in amounts or concentrations which constitute or constituted a violation of, or could reasonably be expected to give rise to liability under, any Environmental Law;
(c) the Owned Properties and all operations at the Owned Properties are in compliance, and and, to the knowledge of the Borrower to the extent not owned, leased or operated during the past five years, have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Owned Properties or violation of any Environmental Law with respect to the Owned Properties or the business operated by the Borrower or any of its Subsidiaries (the “"Business”") which -------- could reasonably be expected to materially interfere with the continued operation of the Owned Properties or Business or materially impair the fair saleable value thereof.;
(cd) Neither to the knowledge of the Borrower, the Leased and Operated Properties and all operations at the Leased and Operated Properties are in compliance, and, in the last five years been in compliance, with all applicable Environmental Laws, and to the knowledge of the Borrower there is no contamination at, under or about the Leased and Operated Properties or violation of any Environmental Law with respect to the Leased and Operated Properties or the Business operated by the Borrower or any of its Subsidiaries which could interfere with the continued operation of the Leased and Operated Properties or impair the fair saleable value thereof;
(e) neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Owned Properties or the Leased and Operated Properties (together, the "Properties") or the Business, nor ---------- does the Borrower have any knowledge or reason to believe that any such notice will be received or is being threatened.;
(df) the Borrower has not transported or disposed of Materials of Environmental Concern nor, to the Borrower's knowledge, have not Materials of Environmental Concern been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability to the Borrower or any Restricted Subsidiary under, any Environmental Law, nor have has the Borrower generated any Materials of Environmental Concern nor, to the Borrower's knowledge, have Materials of Environmental Concerns been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability to the Borrower or any Restricted Subsidiary under, any applicable Environmental Law.;
(eg) No no judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any applicable Environmental Law with respect to the Properties or the Business.; and
(fh) There the Borrower has not released, nor, to the Borrower's knowledge, has there been no any release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Jones Intercable Inc), Credit Agreement (Cable Tv Fund 12-C LTD)
Environmental Matters. (a) Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effectas set forth on Schedule 6.18:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Each of the Real Properties and all operations at the Real Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Real Properties or the business businesses operated by the Borrower or any of its their Subsidiaries (the “Business”) which could "Businesses"), and there are no conditions relating to the Businesses or Real Properties that would be reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofgive rise to liability under any applicable Environmental Laws.
(cii) Neither the Borrower nor any of its Subsidiaries No Credit Party has received any written notice of of, or inquiry from any Governmental Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters Hazardous Materials or compliance with Environmental Laws with regard to any of the Real Properties or the BusinessBusinesses, nor does the Borrower or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatened.
(diii) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofReal Properties, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Real Properties or any other location, in violation each case by, or on behalf or with the permission of, the Borrower or any of its Subsidiaries in a manner that could would reasonably be expected to give rise to liability under, any applicable Environmental Lawa Material Adverse Effect.
(eiv) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerBorrower or any of its Subsidiaries, threatened, under any Environmental Law to which the Borrower or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the Businessparty, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Borrower or any of its Subsidiaries, the Real Properties or the BusinessBusinesses, in any amount reportable under the federal Comprehensive Environmental Response, Compensation and Liability Act or any analogous state law, except releases in compliance with any Environmental Laws.
(fv) There has been no release or threat of release of Hazardous Materials of Environmental Concern at or from the Real Properties, or arising from or related to the operations (including, without limitation, disposal) of the Borrower or any Subsidiary of its Subsidiaries in connection with the Real Properties or otherwise in connection with the BusinessBusinesses.
(vi) None of the Real Properties contains, or has previously contained, any Hazardous Materials at, on or under the Real Properties in amounts or concentrations that, if released, constitute or constituted a violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws and could reasonably be expected to have a Material Adverse Effect.
(vii) No Credit Party, nor any of its Subsidiaries, has assumed any liability of any Person (other than another Credit Party, or one of its Subsidiaries) under any Environmental Law.
(b) The Borrower has adopted procedures that are designed to (i) ensure that each Credit Party, any of its operations and each of the properties owned or leased by each Credit Party remains in compliance with applicable Environmental Laws and (ii) minimize any liabilities or potential liabilities that each Credit Party, any of its operations and each of the properties owned or leased by each Credit Party may have under applicable Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Riddell Sports Inc), Credit Agreement (Varsity Spirit Corporation)
Environmental Matters. Except to the extent Each of Holdings and Borrower will, and will cause each of Borrower’s Subsidiaries and each other Person within its control to: (a) conduct its operations and keep and maintain its Real Estate in compliance with all Environmental Laws and Environmental Permits other than noncompliance that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
; (b) The Properties implement any and all operations at investigation, remediation, removal and response actions that are appropriate or necessary to maintain the Properties are in compliance, value and have in marketability of the last five years been in compliance, Real Estate or to otherwise comply in all material respects with all applicable Environmental LawsLaws and Environmental Permits pertaining to the presence, and there is no contamination generation, treatment, storage, use, disposal, transportation or Release of any Hazardous Material on, at, under in, under, above, to, from or about the Properties or any of its Real Estate; (c) notify Agent promptly after such Person becomes aware of any violation of Environmental Laws or Environmental Permits or any Release on, at, in, under, above, to, from or about any Real Estate that is reasonably likely to result in Environmental Law with respect Liabilities to the Properties or the business operated by the Holdings, Borrower or any of its Borrower’s Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation in excess of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
$500,000; and (d) Materials promptly forward to Agent a copy of Environmental Concern have not been transported any order, notice of actual or disposed of from the Properties alleged violation or liability, request for information or any communication or report received by such Person in connection with any such violation of, or in a manner Release or any other matter relating to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Laws or Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner Permits that could reasonably be expected to give rise result in Environmental Liabilities to liability underHoldings, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is of Borrower’s Subsidiaries in excess of $500,000, in each case whether or will be named as a party not the Environmental Protection Agency or any Governmental Authority has taken or threatened any action in connection with respect to the Properties or the Businessany such violation, nor are there any consent decrees Release or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under matter. If Agent at any time has a reasonable basis to believe that there may be a violation of any Environmental Law with respect to the Properties Laws or the Business.
(f) There has been no release or threat Environmental Permits by Holdings, Borrower, any Subsidiary of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties Person under Borrower’s control or otherwise in connection with the Businessany Environmental Liability arising thereunder, or a Release of Hazardous Materials on, at, in, under, above, to, from or about any of its Real Estate, that, in violation ofeach case, or in amounts or in a manner that could reasonably be expected to give rise have a Material Adverse Effect, then Holdings and Borrower shall, and shall cause each Subsidiary of Borrower to, upon Agent’s written request (i) cause the performance of such environmental audits including subsurface sampling of soil and groundwater, and preparation of such environmental reports, at Borrower’s expense, as Agent may from time to liability undertime reasonably request, Environmental Lawswhich shall be conducted by reputable environmental consulting firms reasonably acceptable to Agent and shall be in form and substance reasonably acceptable to Agent, (ii) if the Credit Parties fail to perform (or cause to be performed) any environmental audit under clause (i) of this sentence within a reasonable time after receiving a written request from Agent, Credit Parties shall permit Agent or its representatives to have access to all Real Estate for the purpose of conducting such environmental audits and testing as Agent deems appropriate, including subsurface sampling of soil and groundwater. Borrower shall reimburse Agent for the costs of such audits and tests and the same will constitute a part of the Obligations secured hereunder.
Appears in 2 contracts
Samples: Credit Agreement (TNS Inc), Credit Agreement (TNS Inc)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could as would not reasonably be expected to have have, individually or in the aggregate, a Company Material Adverse Effect:
(a) The no written notice, order, complaint or penalty has been received by the Company or any of its Subsidiaries alleging a violation by or liability of the Company or any of its Subsidiaries of or relating to any Environmental Law, and to the Company’s knowledge, no such notice, order, complaint or penalty is threatened, and there are no judicial, administrative or other actions, suits or proceedings pending or, to the Company’s knowledge, threatened which allege a violation by the Company or any of its Subsidiaries of any Environmental Laws or allege any liability of the Company or any of its Subsidiaries under or relating to any Environmental Law;
(b) the Company and each of its Subsidiaries have all environmental permits, licenses, regulations or other approvals necessary for their operations to comply with all applicable Environmental Laws and are in compliance with the terms of same;
(c) the Company and each of its Subsidiaries and their operations are in compliance with the terms of, and have not violated any, applicable Environmental Laws, and to the Company’s knowledge, there is no condition that would reasonably be expected to prevent or add material cost or burden to comply with applicable Environmental Laws in the future;
(d) no Hazardous Substance is present at or about any of the properties or facilities and properties currently or formerly owned, leased or operated by the Borrower Company or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts amount or concentrations which (i) constitute or constituted a violation of, or (ii) could condition that would reasonably be expected to give rise to result in liability under, under any applicable Environmental Law.;
(be) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation neither of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported released or disposed of from or arranged for the Properties in violation of, or disposal of any Hazardous Substance in a manner or to a location which could that would reasonably be expected to give rise to result in liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.; and
(f) There neither the Company nor any of its Subsidiaries has been no release assumed or threat of release of Materials of provided indemnity against any liability under or relating to any Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsLaw.
Appears in 2 contracts
Samples: Merger Agreement (Chaparral Steel CO), Merger Agreement (Gerdau Ameristeel Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true (a) Each Centura Company, its Participation Facilities, and correct could its Loan Properties are, and have been, in compliance with all Environmental Laws, except those violations which are not reasonably be expected likely to have have, individually or in the aggregate, a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawEffect on Centura.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there There is no contamination atLitigation pending or, under or about the Properties or violation of any Environmental Law with respect to the Properties Knowledge of Centura, threatened before any court, governmental agency, or the business operated by the Borrower authority, or other forum in which any Centura Company or any of its Subsidiaries (the “Business”) which could Participation Facilities has been or, with respect to threatened Litigation, may reasonably be expected to materially interfere be named as a defendant (i) for alleged noncompliance (including by any predecessor) with any Environmental Law or (ii) relating to the continued operation release into the environment of any Hazardous Material, whether or not occurring at, on, under, or involving a site owned, leased, or operated by any Centura Company or any of its Participation Facilities, except for such Litigation pending or threatened that is not reasonably likely to have, individually or in the Properties or Business or materially impair the fair saleable value thereofaggregate, a Material Adverse Effect on Centura.
(c) Neither There is no Litigation pending or, to the Borrower nor Knowledge of Centura, threatened before any court, governmental agency, or board, or other forum in which any of its Subsidiaries Loan Properties (or Centura in respect of such Loan Property) has received been or, with respect to threatened Litigation, may reasonably be expected to be named as a defendant or potentially responsible party (i) for alleged noncompliance (including by any notice predecessor) with any Environmental Law or (ii) relating to the release into the environment of violationany Hazardous Material, alleged violationwhether or not occurring at, non-complianceon, liability under, or potential liability regarding environmental matters involving a Loan Property, except for such Litigation pending or compliance with Environmental Laws with regard threatened that is not reasonably likely to any of have, individually or in the Properties or the Businessaggregate, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threateneda Material Adverse Effect on Centura.
(d) Materials To the Knowledge of Environmental Concern have not been transported Centura, during the period of (i) any Centura Company's ownership or disposed operation of from any of their respective current properties, (ii) any Centura Company's participation in the Properties in violation ofmanagement of any Participation Facility, or (iii) any Centura Company's holding of a security interest in a manner or to a location which could reasonably be expected to give rise to liability Loan Property, there have been no releases of Hazardous Material in, on, under, or affecting (or potentially affecting) such properties, except such as are not reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on Centura. Prior to the period of (i) any Environmental Law, nor have any Materials Centura Company's ownership or operation of Environmental Concern been generated, treated, stored or disposed of at, on or under any of their respective current properties, (ii) any Centura Company's participation in the Properties in violation ofmanagement of any Participation Facility, or (iii) any Centura Company's holding of a security interest in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending orLoan Property, to the knowledge Knowledge of the BorrowerCentura, threatenedthere were no releases of Hazardous Material in, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Businesson, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersunder, or other administrative or judicial requirements outstanding under affecting any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Propertiessuch property, Participation Facility, or arising from or related Loan Property, except such as are not reasonably likely to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businesshave, in violation of, individually or in amounts or in the aggregate, a manner that could reasonably be expected to give rise to liability under, Environmental LawsMaterial Adverse Effect on Centura.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Triangle Bancorp Inc), Agreement and Plan of Reorganization (Triangle Bancorp Inc)
Environmental Matters. Except (a) In connection with the Business, Seller and its Subsidiaries, in the aggregate, hold all material Permits that are required to be obtained by the extent that Business under Environmental Laws (“Environmental Permits”) in connection with the ownership, occupancy or use of the Real Property or the operation of the Business as currently conducted, except where the failure of to hold such Permits, individually or in the following statements to be true aggregate, has not had and correct could would not reasonably be expected to have a Material Adverse Effect:.
(ab) The facilities operations of the Business (and properties ownedeach of Seller and its Subsidiaries, leased in respect of the Business) is and since September 30, 2014 has been in compliance with: (A) all terms and conditions of all Environmental Permits; (B) all Environmental Laws, which compliance includes obtaining, maintaining in good standing and complying with all Environmental Permits necessary to operate the Business; and (C) all Governmental Orders and settlement agreements that bind the Business and were issued, entered, promulgated or operated by approved under Environmental Laws, in each case except for such noncompliance that, individually or in the Borrower aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect.
(c) With respect to the Business, as of the date of the Original Agreement, there is no Action pending or, to Seller’s knowledge, threatened against Seller or any of its Subsidiaries (A) relating to the “Properties”Release of Hazardous Material or the presence of any Hazardous Material at any location or under any Environmental Laws or (B) do not containto revoke, and modify or terminate any Environmental Permit other than Actions that, individually or in the aggregate, have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could had and would not reasonably be expected to give rise have a Material Adverse Effect. Since September 30, 2014 until the date of the Original Agreement, except as is not and would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, no written claim has been received by any of Seller and its Subsidiaries with respect to the Business or the Transferred Assets alleging that any such Person may be in violation of any Environmental Law or any Environmental Permit or may have any liability under, under any Environmental Law.
(bd) The Properties and all operations There has been no Release, including any threatened Release, of any Hazardous Material in, on or from any Real Property or at the Properties are in compliance, and have in the last five years been in complianceany other location, in all material respects with all applicable Environmental Laws, and there is no contamination at, under each case for which the Business (or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Seller or any of its Subsidiaries with respect to the Business) may have liability under Environmental Law, and all underground and above-ground storage tanks operated by the Business (or Seller or any of its Subsidiaries with respect to the “Business”) which could located on any Real Property have, since September 30, 2014, been used and maintained in compliance with all Environmental Laws (and, to Seller’s Knowledge, all underground and above-ground storage tanks located on the Real Property are operated by the Business, or by Seller or any of its Subsidiaries with respect to the Business), in each case except for such liability, noncompliance or tanks that, individually or in the aggregate, has not had and would not reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofhave a Material Adverse Effect.
(ce) To Seller’s Knowledge, (i) no Real Property or any location where waste generated in connection with the Business was disposed is listed or is proposed for listing on the National Priorities List pursuant to the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended, or on any similar local, state or foreign list of sites requiring investigation or Remedial Action; and (ii) with respect to the Business, no Lien has been filed against either the personal or real property of Seller or any of its Subsidiaries under any Environmental Law, in each case except for listings, proposed listings or Liens the subject matter of which, individually or in the aggregate, has not had and would not reasonably be expected to have a Material Adverse Effect.
(f) Seller has provided to Purchaser all material environmental audits prepared since September 30, 2014, and to Seller’s Knowledge, all Phase I and II environmental assessments related to the environment, in each case that (i) have been performed with respect to the Transferred Assets and (ii) are in the possession of Seller or reasonably controlled by it.
(g) Neither the Borrower Seller nor any of its Subsidiaries with respect to the Business or the Transferred Assets is the subject of any material outstanding written Governmental Order respecting (i) Environmental Laws, (ii) Remedial Action or (iii) any Release or threatened Release of a Hazardous Material.
(h) As of the date of the Original Agreement, there are no (i) pending investigations for which Seller has received any notice notification or (ii) to Seller’s Knowledge threatened investigations of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge Transferred Assets or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofTransferred Entities, or currently or previously owned, operated or leased property of Seller or any of its Subsidiaries used in a manner or to a location the operation of the Business for which could Seller has received notification, in each case of (i) and (ii) which would reasonably be expected to give rise lead to liability underthe imposition on the Business, the Transferred Entities, Purchaser or any of its Affiliates of any Environmental Costs and Liabilities or Liens under Environmental Law, nor have any Materials of Environmental Concern been generatedother than such costs, treatedLiabilities and Liens that, stored or disposed of at, on or under any of the Properties in violation of, individually or in a manner that could the aggregate, have not had and would not reasonably be expected to give rise to liability under, any applicable Environmental Lawhave a Material Adverse Effect.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 2 contracts
Samples: Acquisition Agreement (SB/RH Holdings, LLC), Acquisition Agreement (Energizer Holdings, Inc.)
Environmental Matters. (a) Except to the extent that the failure of the following statements to be true and correct where such violation or liability could not reasonably be expected to have a Material Adverse Effect:
(a) The , the facilities and properties owned, leased or operated by the Borrower Credit Parties or any of its their Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Except where such violation, contamination or non-compliance could not reasonably be expected to have a Material Adverse Effect, the Properties and all operations of the Credit Parties and/or their Subsidiaries at the Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Credit Parties or any of its their Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof).
(c) Neither the Borrower Credit Parties nor any of its their Subsidiaries has have received any written or actual notice of violation, alleged violation, non-compliance, liability or potential liability regarding with respect to environmental matters or compliance with Environmental Laws with regard to regarding any of the Properties or the Business, nor does the Borrower Credit Parties and their Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatenedthreatened which could reasonably be expected to have a Material Adverse Effect.
(d) Except where such violation or liability could not reasonably be expected to have a Material Adverse Effect, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which that could reasonably be expected to give rise to liability under, under any Environmental Law, nor have any and no Materials of Environmental Concern have been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCredit Parties and their Subsidiaries, threatened, under any Environmental Law to which the Borrower any Credit Party or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the BusinessBusiness which could reasonably be expected to have a Material Adverse Effect.
(f) There Except where such violation or liability could not reasonably be expected to have a Material Adverse Effect, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower any Credit Party or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: First Lien Credit Agreement (American Pacific Corp), Second Lien Credit Agreement (American Pacific Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct as disclosed on Schedule 5.13:
(a) except as could not reasonably be expected to have a Material Adverse Effect:
, (ai) The each of the facilities and properties owned, leased or operated by any of the Borrower or any of and its Restricted Subsidiaries (the “Subject Properties”) do not contain), and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Subject Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and (iii) there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Restricted Subsidiaries with respect to the Subject Properties or the businesses operated by them (the “BusinessBusinesses”), and (iv) which there are no conditions relating to the Businesses or Subject Properties that could reasonably be expected give rise to materially interfere with the continued operation liability under any applicable Environmental Laws;
(b) none of the Properties Borrower or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Restricted Subsidiaries has received any written notice of of, or inquiry from any Governmental Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Subject Properties or the BusinessBusinesses, other than those that have been resolved or those which could not reasonably be expected to have a Material Adverse Effect, nor does any Responsible Officer the Borrower or any of its Restricted Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatened.threatened with respect to any matter the resolution of which could reasonably be expected to have a Material Adverse Effect; and
(dc) Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofSubject Properties, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Subject Properties or any other location, in each case by or on behalf of any of the Borrower or its Restricted Subsidiaries in violation of, or in a manner that could would be reasonably be expected likely to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to and which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Lawshave a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, Inc.)
Environmental Matters. Except Each of the following representations and warranties is true and correct on and as of the Agreement Effective Date except to the extent that the facts and circumstances giving rise to any such failure of the following statements to be so true and correct correct, in the aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties ownedTo the knowledge of the Borrower, leased or operated by the Projects of the Borrower or any of and its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability of the Borrower or any Subsidiary under, any Environmental LawLaws.
(b) The Properties To the knowledge of the Borrower, (i) the Projects of the Borrower and its Subsidiaries and all operations at the Properties Projects are in compliancecompliance with all applicable Environmental Laws, and (ii) with respect to all Projects owned by the Borrower and/or its Subsidiaries (x) for at least two (2) years, have in the last five years two years, or (y) for less than two (2) years, have for such period of ownership, been in compliance, compliance in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the BusinessProjects, nor does the Borrower have knowledge or reason to believe based on known facts that any such notice will be received or is being threatened.
(d) To the knowledge of the Borrower, Materials of Environmental Concern have not been transported or disposed of from the Properties Projects of the Borrower and its Subsidiaries in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability of the Borrower or any Subsidiary under, any Environmental LawLaws, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties Projects of the Borrower and its Subsidiaries in violation of, or in a manner that could reasonably be expected to give rise to liability of the Borrower or any Subsidiary under, any applicable Environmental LawLaws.
(e) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary of its Subsidiaries is or or, to the Borrower’s knowledge, will be named as a party with respect to the Properties or Projects of the BusinessBorrower and its Subsidiaries, nor are there any consent decrees or other decrees, consent orders, administrative orders order or other orders, or other administrative or of judicial requirements outstanding under any Environmental Law with respect to the Properties or Projects of the BusinessBorrower and its Subsidiaries.
(f) There To the knowledge of the Borrower, there has been no release Release or threat of release of Materials of Environmental Concern Release at or from the PropertiesProjects of the Borrower and its Subsidiaries, or arising from or related to the operations of the Borrower or any Subsidiary and its Subsidiaries in connection with the Properties or otherwise in connection with the Business, Projects in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (RPT Realty), Credit Agreement (Ramco Gershenson Properties Trust)
Environmental Matters. Except insofar as any exceptions to the extent that following, individually or in the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have result in a Material Adverse Effect:
(a) The facilities and to the best knowledge of the Borrower, the properties owned, leased leased, or otherwise operated by the Borrower Bermuda Holdings or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, in, on or under, including, without limitation, the soil and groundwater thereunder, any Hazardous Materials of Environmental Concern in amounts amounts, concentrations or concentrations which (i) conditions that constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, Environmental Laws or otherwise result in costs to Bermuda Holdings or any Environmental Law.of its Subsidiaries;
(b) The Properties to the best knowledge of the Borrower, the properties owned or leased, or otherwise operated by Bermuda Holdings or any of its Subsidiaries and all operations and facilities at the Properties such properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties of, or Business or materially impair the fair saleable value thereof.of, such property;
(c) Neither the Borrower neither Bermuda Holdings nor any of its Subsidiaries has received or is aware of any written complaint, notice of violation, alleged violation, non-compliance, liability or notice of investigation or of potential liability regarding environmental matters or compliance with (including, without limitation, as relates to any potentially responsible party status) under Environmental Laws or with respect to any Hazardous Materials with regard to any of the Properties Bermuda Holdings or the Businessits Subsidiaries, nor does the Borrower Bermuda Holdings or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or action is being contemplated, considered or threatened.;
(d) to the best knowledge of the Borrower, Hazardous Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any properties presently or formerly owned, leased, or otherwise operated by Bermuda Holdings or any of the Properties its Subsidiaries, nor have any Hazardous Materials been transported from any such property, or come to be located at any other property, in violation of, of or in a manner that could reasonably be expected to give rise to liability under, under any applicable Environmental Law.Laws; and
(e) No there are no governmental, administrative, or judicial proceeding actions or governmental or administrative action is proceedings pending or, to the best knowledge of the Borrower, threatened, threatened under any Environmental Law to which the Borrower Bermuda Holdings or any Subsidiary of its Subsidiaries is or will be named as a party with respect to the Properties or the Businessparty, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements requirements, other than permits authorizing operations by Bermuda Holdings or any of its Subsidiaries, outstanding relating to compliance with or liability under any Environmental Law with respect to the Properties or the BusinessLaw.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.), Revolving Credit Agreement (Stratus Technologies Bermuda Holdings Ltd.)
Environmental Matters. Except as set forth on Schedule 5.17 and except insofar as any exceptions to the extent that following, individually or in the failure of the following statements to be true and correct aggregate, could not reasonably be expected to have result in a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any there are no Hazardous Materials of Environmental Concern in amounts or concentrations which (i) that constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws at, on or under the properties owned, leased or otherwise operated by Holdings or any of its Subsidiaries;
(b) there are no facts, circumstances or conditions that could reasonably be expected to (i) result in a violation of any Environmental Law by Holdings or any of its Subsidiaries that could interfere with the continued operation of, or impair the otherwise fair saleable value of the properties owned, leased or otherwise operated by Holdings or any of its Subsidiaries or (ii) result in a violation of, or otherwise give rise to liability on the part of Holdings or any of its Subsidiaries under, any Environmental Laws;
(c) neither Holdings nor any of its Subsidiaries has received or is aware of any complaint, notice of violation, alleged violation or notice of investigation or of potential liability under Environmental Laws with regard to Holdings or any of its Subsidiaries, or any properties owned, leased or otherwise operated by any of them, nor does Holdings or any of its Subsidiaries have knowledge that any such action is being threatened;
(d) there are no administrative actions or judicial proceedings pending or, to the knowledge of any Credit Party, threatened under any Environmental Law to which Holdings or any of its Subsidiaries is or could reasonably be expected to be a party, nor are there any consent decrees, consent orders, administrative orders or other orders, decrees or agreements to which Holdings or any of its Subsidiaries is a party, which could reasonably be expected to result in liability or costs on the part of Holdings or any of its Subsidiaries under any Environmental Law;
(e) no Lien has been recorded or, to the knowledge of any Credit Party, threatened under any Environmental Law with respect to any Fee Property or assets of Holdings or any of its Subsidiaries, and no Lien has been recorded or, to the knowledge of any Credit Party, threatened under any Environmental Law with respect to any other Real Property of Holdings or any of its Subsidiaries that could reasonably be expected to result in liability or costs on the part of Holdings or any of its Subsidiaries under any Environmental Law;
(f) no Fee Property is (x) listed or, to the knowledge of any Credit Party proposed for listing, on the National Priorities List promulgated pursuant to the United States Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended (“CERCLA”), or (y) listed on the Comprehensive Environmental Response, Compensation, and Liability Information System List promulgated pursuant to CERCLA, or (z) included on any similar list maintained by any Governmental Authority, and there is no such listing, or to the knowledge of any Credit Party proposed listing, with respect to any other Real Property of Holdings or any of its Subsidiaries that could reasonably be expected to result in liability or costs on the part of Holdings or any of its Subsidiaries under any Environmental Law; and
(g) neither Holdings nor any of its Subsidiaries is required to take or finance any investigatory, response or other corrective action or is currently conducting any investigatory, response or other corrective action pursuant to any Environmental Law at any Real Property or at any other location, nor has any of Holdings or any of its Subsidiaries assumed by contract, agreement or operation of law any obligation of any other Person under any Environmental Law.
Appears in 2 contracts
Samples: Credit Agreement (Atlantic Broadband Finance, LLC), Credit Agreement (Atlantic Broadband Finance, LLC)
Environmental Matters. Except to the extent that the failure as set forth in Schedule 3.16 of the following statements to be true and correct could not reasonably be expected to have a Material Adverse EffectDisclosure Schedule:
(a) The facilities and properties CPBR has not caused or, to the Knowledge of the Seller, permitted, any Hazardous Material to be used, placed, stored, or disposed of on or under any real estate owned, leased or operated by the Borrower CPBR or any of its Subsidiaries (the “Properties”) do not containOff-Site Location, except in compliance with applicable Environmental Law, and (B) the Facility is not, and to the Knowledge of the Seller has not been from December 23, 2009 to the date hereof, in violation of any applicable Environmental Law or Governmental Order, except, in any such case, for such non-compliance or violation as would not have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawMaterial Adverse Effect.
(b) The Properties and all operations at Since December 23, 2009, neither the Properties are in compliance, and have in Seller nor CPBR has received any Environmental Notice arising from or relating to the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under operation or about conduct of the Properties Facility or violation the ownership or operation of any asset, the substance of which Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereofNotice has not been resolved or, if pending, would have a Material Adverse Effect.
(c) Neither No Government Order or proceeding has been issued or is pending against, or to the Borrower nor Knowledge of the Seller is threatened in writing against, the Seller or CPBR relating to a violation of any applicable Environmental Law or Governmental Authorization or to any Environmental Liability including a Release of its Subsidiaries has received any notice of violationHazardous Materials (in each such case, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to the extent any of the Properties foregoing are related to the operation or conduct of the BusinessFacility), nor does the Borrower have knowledge or reason to believe that except, in any such notice will be received case, for such violation or is being threatenedEnvironmental Liability as would not have a Material Adverse Effect.
(d) Materials of Environmental Concern have From December 23, 2009 to the date hereof, there has not been transported any accident or disposed sudden unintended incident in connection with the Seller’s ownership or the operation of from the Properties CPBR or the Facility which has resulted, to the Knowledge of the Seller, in exposure of any Person to any Hazardous Material which is reasonably expected to form the basis of a claim for damages or compensation which would have a Material Adverse Effect.
(e) There has been no Release of any Hazardous Materials on, to, from, or under the Facility in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any of applicable Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, Laws or in a manner that could reasonably be expected to would give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the BusinessLiabilities, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under except for any Environmental Law with respect to the Properties or the BusinessLiabilities which would not have a Material Adverse Effect.
(f) There has been no release The Seller will instruct CPBR’s environmental consultants to deliver or threat otherwise make available to Buyer, upon Buyer’s request, copies and results of release any material reports, studies, correspondence, analyses, tests or monitoring, possessed by or in the control of Materials of Buyer or its environmental consultants with respect to any Environmental Concern at or from the Properties, or arising from or related to the operations Liabilities associated with any portion of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsFacility.
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement, Membership Interest Purchase Agreement (Global Partners Lp)
Environmental Matters. Except to as individually or in the extent that the failure of the following statements to be true and correct aggregate could not reasonably be expected to have result in a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “"Properties”") do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations or under circumstances which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give have given rise to liability undera release or a threat of release, as regulated or defined, under any Environmental Law.
(b) The Properties and all operations at the Properties are in material compliance, and have in the last five years been in material compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “"Business”) which could reasonably be expected to materially interfere with "). Neither the continued operation Borrower nor any of its Subsidiaries has contractually assumed any liability of any other Person under Environmental Laws other than in the Properties or Business or materially impair the fair saleable value thereofordinary course of business.
(c) Neither the Borrower nor any of its Subsidiaries has received or is aware of any notice of violation, alleged violation, non-compliance, liability or potential liability liability, judicial proceeding or governmental or administrative action or consent decrees or other decrees, consent orders, administrative orders or other orders, regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the properties previously owned or operated by the Borrower or any Subsidiary (the "Former Properties") during such period of ownership or operation, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Former Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)
Environmental Matters. Except to the extent that the failure as set forth in Schedule 4.1(p) of the following statements to be true and correct could not reasonably be expected to have a Material Adverse EffectDisclosure Letter:
(ai) The facilities Company, to its knowledge, is not in violation of any material Environmental Law where such violation will have a material adverse effect on the Company and properties ownedneither BN, leased or operated by Transferor nor the Borrower or Company has received any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or written communication regarding an alleged violation of any Environmental Law from any Person or Governmental Body or written notice of any actual or threatened obligation to undertake or bear the cost of any Environmental, Health and Safety Liabilities with respect to any of the Properties Facilities or any other properties or assets (whether real, personal or mixed) in which Transferor or the business operated by Company has or had an interest. Neither BN, the Borrower Transferor or the Company has received any written notice of potential responsibility or letter of inquiry from any private party or governmental agency for any Facility of Transferor or the Company or for any off-site facility under CERCLA or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties state or Business or materially impair the fair saleable value local counterpart thereof.
(cii) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is There are no pending or, to the knowledge of BN, Transferor or the BorrowerCompany, threatenedthreatened claims, Encumbrances, or other restrictions of any nature, resulting from any material Environmental, Health, and Safety Liabilities or arising under or pursuant to any material Environmental Law Law, with respect to which or affecting any of the Borrower Facilities or any Subsidiary other properties and assets (whether real, personal, or mixed) in which Transferor or the Company has or had an interest.
(iii) No Hazardous Materials have been used, stored, manufactured or processed at the Facility except as necessary to the conduct of its business and in compliance with all material Environmental Laws applicable to the use, storage, manufacture or processing thereof, or except as will not have a material adverse effect on the Company. Transferor has obtained (and will assign to the Company or obtain in the name of the Company) and is or will be named as a party in compliance with all material environmental permits and other material authorizations required for its operations at the Facilities by any applicable material Environmental Laws.
(iv) BN, Transferor and the Company do not, to their knowledge, have any material Environmental, Health, and Safety Liabilities with respect to the Properties Facilities or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties any other properties and assets (whether real, personal, or mixed) in which Transferor or the BusinessCompany (or any predecessor), has or had an interest, or any such other property or assets.
(fv) There Except such as were made in full compliance with all applicable Environmental Laws or except as would not cause a material adverse effect to the Company, there has been no release or threat disposal, Release or, Threat of release Release, of any Hazardous Materials of Environmental Concern at or from the PropertiesFacilities or at any other locations where any Hazardous Materials were generated, manufactured, refined, transferred, produced, imported, used, or arising processed from or related by the Facilities, or from or by any other properties and assets (whether real, personal, or mixed) in which BN, Transferor or the Company has or had an interest.
(vi) Transferor has delivered to USO true and complete copies and results of any material reports, studies, analyses, tests or monitoring possessed or initiated by Transferor or the Company pertaining to the operations of Facilities and/or concerning compliance by the Borrower or Transferor and the Company, with any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, material Environmental Laws.
Appears in 2 contracts
Samples: Formation Agreement (Barnes & Noble Inc), Formation Agreement (Barnesandnoble Com Inc)
Environmental Matters. Except Each of the following representations and warranties is true and correct on and as of the Agreement Effective Date except as disclosed in the Disclosure Letter and to the extent that the facts and circumstances giving rise to any such failure of the following statements to be so true and correct correct, in the aggregate, could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties ownedTo the knowledge of the Borrower, leased or operated by the Projects of the Borrower or any of and its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability of the Borrower or any Subsidiary under, any Environmental LawLaws.
(b) The Properties To the knowledge of the Borrower, (i) the Projects of the Borrower and its Subsidiaries and all operations at the Properties Projects are in compliancecompliance with all applicable Environmental Laws, and (ii) with respect to all Projects owned by the Borrower and/or its Subsidiaries (x) for at least two (2) years, have in the last five years two years, or (y) for less than two (2) years, have for such period of ownership, been in compliance, compliance in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the BusinessProjects, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the knowledge of the Borrower, Materials of Environmental Concern have not been transported or disposed of from the Properties Projects of the Borrower and its Subsidiaries in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability of the Borrower or any Subsidiary under, any Environmental LawLaws, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties Projects of the Borrower and its Subsidiaries in violation of, or in a manner that could reasonably be expected to give rise to liability of the Borrower or any Subsidiary under, any applicable Environmental LawLaws.
(e) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary of its Subsidiaries is or or, to the Borrower’s knowledge, will be named as a party with respect to the Properties or Projects of the BusinessBorrower and its Subsidiaries, nor are there any consent decrees or other decrees, consent orders, administrative orders order or other orders, or other administrative or of judicial requirements outstanding under any Environmental Law with respect to the Properties or Projects of the BusinessBorrower and its Subsidiaries.
(f) There To the knowledge of the Borrower, there has been no release or threat of release of Materials of Environmental Concern at or from the PropertiesProjects of the Borrower and its Subsidiaries, or arising from or related to the operations of the Borrower or any Subsidiary and its Subsidiaries in connection with the Properties or otherwise in connection with the Business, Projects in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Retail Properties of America, Inc.), Credit Agreement (Inland Western Retail Real Estate Trust Inc)
Environmental Matters. Except to for the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effectmatters set forth on Schedule 5.01(g) hereto:
(ai) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do Property does not contain, and have to the Borrower’s Knowledge has not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which which: (iA) constitute or constituted a material violation ofof applicable Environmental Laws, or (iiB) could reasonably be expected to give rise to liability under, any under applicable Environmental Law.Laws;
(bii) The Properties and all All operations at conducted in connection with the Properties Property are in material compliance, and and, to the Borrower’s Knowledge, have in the last five years been in material compliance, in all material respects with all applicable Environmental Laws, and to the Borrower’s Knowledge there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) Property which could reasonably be expected to materially interfere interferes with the continued operation of the Properties or Business Property or materially impair impairs the fair saleable value thereof.;
(ciii) Neither the Borrower nor any of its Subsidiaries has not received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters Hazardous Materials, or compliance with Environmental Laws with regard relating to any of the Properties or the BusinessProperty, nor does to the Borrower have knowledge or Borrower’s Knowledge is there any reason to believe that any such notice will be received or is being threatened.;
(div) To the Borrower’s Knowledge, (A) Hazardous Materials of Environmental Concern have not been disposed at, or transported or disposed of from the Properties Property in violation of, or in a any manner or to a location which could reasonably be expected to would give rise to liability underunder Environmental Laws, any Environmental Law, nor and (B) Hazardous Materials have any Materials of Environmental Concern not been generated, treated, stored stored, or disposed of at, on or under any of the Properties Property in violation of, or in a manner that would give rise to liability under, any applicable Environmental Laws;
(v) No judicial proceedings or governmental or administrative action is pending, or, to Borrower’s Knowledge, is threatened, under any Environmental Law with respect to the Property to which the Borrower is or will be named as a party, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders outstanding under any Environmental Law with respect to the Property; and
(vi) To Borrower’s Knowledge, during the Borrower’s, or any of Borrower’s Affiliates, period of ownership or occupancy, there has been no release of Hazardous Materials at or from the Property, in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(evii) No judicial proceeding or governmental or administrative action is pending orTo Borrower’s Knowledge, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat prior to the Borrower’s ownership period of release of Hazardous Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the BusinessProperty, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, any Environmental LawsLaw.
(viii) To Borrower’s Knowledge, there has been no threat of release at any time, of Hazardous Materials at or from the Property, in violation of, or in a manner that could reasonably be expected to give rise to liability under, any Environmental Law.
Appears in 2 contracts
Samples: Loan and Security Agreement (Griffin Land & Nurseries Inc), Loan and Security Agreement (Griffin Land & Nurseries Inc)
Environmental Matters. Except to the extent that the failure any of the following statements to be true and correct could are not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower Company or any of its Subsidiaries (the “Properties”) do not containto the knowledge of any Responsible Officer of the Company contain and, and to the knowledge of any Responsible Officer of the Company during its period of ownership, lease or operation of the Properties, have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could are reasonably be expected to give rise to liability on the part of the Company or any of its Subsidiaries under, any applicable Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and during the five-year period prior to the date on which this representation is made or deemed made on the date of any Extension of Credit have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, ; and there is no (i) contamination by Materials of Environmental Concern at, under or about the Properties Properties, or (ii) violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Company or any of its Subsidiaries on such Properties (the “Business”) ), which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance or non-compliance with any applicable Environmental Laws with regard to any of the Properties or the Business, nor does any Responsible Officer of the Borrower Company have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not to the knowledge of any Responsible Officer of the Company been transported or disposed of from the Properties in violation of, or in a manner or to a location which could that would reasonably be expected to give rise to liability on the part of the Company or any of its Subsidiaries under, any applicable Environmental Law, nor have any Materials of Environmental Concern to the knowledge of any Responsible Officer of the Company been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could would reasonably be expected to give rise to liability on the part of the Company or its Subsidiaries under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of any Responsible Officer of the BorrowerCompany, threatened, under any Environmental Law to which the Borrower Company or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower Company or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, of any applicable Environmental Laws.
Appears in 2 contracts
Samples: Multi Currency Credit Agreement (Harman International Industries Inc /De/), Multi Currency Credit Agreement (Harman International Industries Inc /De/)
Environmental Matters. Except to as set forth on Schedule 5.13,
(a) To the extent that the failure knowledge of the following statements to be true and correct Borrower or except where such violation or liability could not reasonably be expected to have a Material Adverse Effect:
(a) The , the facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to have resulted in liability under, any Environmental Law.
(b) The To the knowledge of the Borrower or except where such violation or contamination could not reasonably be expected to have a Material Adverse Effect, the Properties and all operations of the members of the Consolidated Group at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, by Materials of Environmental Concern at or under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any members of its Subsidiaries the Consolidated Group (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof).
(c) Neither Except where such violation or liability could not reasonably be expected to have a Material Adverse Effect, none of the Borrower nor any members of its Subsidiaries the Consolidated Group has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with arising under Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) To the knowledge of the Borrower or except where such violation or liability could not reasonably be expected to have a Material Adverse Effect, Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give has given rise to liability under, under any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give has given rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending oraction, to the knowledge of the Borrower, threatened, is pending or threatened under any Environmental Law to which any of the Borrower or any Subsidiary members of the Consolidated Group is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements directives outstanding under any Environmental Law with respect to the Properties or the BusinessBusiness which could reasonably be expected to have a Material Adverse Effect.
(f) There To the knowledge of the Borrower or except where such violation or liability could not reasonably be expected to have a Material Adverse Effect, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary members of the Consolidated Group in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, requiring remediation under Environmental Laws.
Appears in 2 contracts
Samples: Multi Year Revolving Credit Agreement (Nucor Corp), 364 Day Revolving Credit Agreement (Nucor Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities Target is currently and properties owned, leased or operated by the Borrower or has been in compliance with all Environmental Laws and has not received from any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which Person any: (i) constitute Environmental Notice or constituted a violation of, Environmental Claim; or (ii) could reasonably be expected written request for information pursuant to give rise to liability under, any Environmental Law, which, in each case, either remains pending or unresolved, or is the source of ongoing obligations or requirements as of the Closing Date.
(b) The Properties Target has obtained and is in material compliance with all Environmental Permits (each of which is disclosed in Section 3.13(b) of the Disclosure Schedules) necessary for the ownership, lease, operation or use of the business or assets of the Target and all operations at the Properties such Environmental Permits are in compliancefull force and effect and shall be maintained in full force and effect by the Target through the Closing Date in accordance with Environmental Law, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there Target is no contamination at, under or about the Properties or violation not aware of any condition, event or circumstance that might prevent or impede, after the Closing Date, the ownership, lease, operation or use of the business or assets of the Target as currently carried out.
(c) There has been no Release of Hazardous Materials in contravention of Environmental Law with respect to the Properties business or assets of the Target or any real property currently or formerly owned, operated or leased by the Target, and the Target has not received an Environmental Notice that any real property currently or formerly owned, operated or leased in connection with the business operated by of the Borrower or Target (including soils, groundwater, surface water, buildings and other structure located on any of its Subsidiaries (the “Business”such real property) has been contaminated with any Hazardous Material which could reasonably be expected to materially interfere with result in an Environmental Claim against, or a violation of Environmental Law or term of any Environmental Permit by, the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatenedTarget.
(d) Materials The Target has not retained or assumed, by contract or operation of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability underLaw, any Environmental Law, nor have any Materials liabilities or obligations of Environmental Concern been generated, treated, stored or disposed of at, on or third parties under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding The Target is not aware of or governmental or administrative action is pending orreasonably anticipates, to the knowledge as of the BorrowerClosing Date, threatenedany condition, under any Environmental Law to which event or circumstance concerning the Borrower Release or any Subsidiary is regulation of Hazardous Materials that might, after the Closing Date, prevent, impede or will be named as a party materially increase the costs associated with respect to the Properties ownership, lease, operation, performance or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the Business.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations use of the Borrower business or any Subsidiary in connection with assets of the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsTarget as currently carried out.
Appears in 2 contracts
Samples: Merger Agreement (Solar Integrated Roofing Corp.), Merger Agreement (Ficaar, Inc)
Environmental Matters. Except to the extent that the failure as set forth in Section 7.14 of the following statements to be true Disclosure Letter or as identified in the BarTech Public Filings and correct could not except as would not, individually or in the aggregate, reasonably be expected to have a BarTech Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or Neither BarTech nor any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials has violated or is in violation of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at To BarTech's Knowledge, none of the Properties are in complianceBarTech Facilities or any facility formerly owned, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under leased or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower BarTech or any of its Subsidiaries (contains any Hazardous Materials in amounts exceeding the “Business”) which could levels permitted by applicable Environmental Law or under circumstances that would reasonably be expected to materially interfere with the continued operation of the Properties result in liability under or Business or materially impair the fair saleable value thereofrelating to Environmental Law.
(c) To BarTech's Knowledge, BarTech and its Subsidiaries have not disposed of, arranged to be disposed of, Released, threatened to Release or transported in violation of any applicable Environmental Law or in a manner that would reasonably be expected to result in liability under or relating to Environmental Laws, any Hazardous Materials at, to or from any of the BarTech Facilities or any facility formerly owned, leased or operated by BarTech or any of its Subsidiaries.
(d) There have been no material environmental investigations, studies, audits, tests, reviews or other analyses regarding compliance or noncompliance with, or potential liability under or relating to, any Environmental Law conducted by or on behalf of BarTech, or which are in the custody or control of BarTech, relating to the facilities, business or activities of BarTech or any of its Subsidiaries or any of the BarTech Facilities that have not been made available to USS/Kobe and RES Holding.
(e) Neither the Borrower BarTech nor any of its Subsidiaries has been subject to any Proceedings, is subject to any Order or has received any written notice or other written communication from any Governmental Body or the current or prior owner or operator of violationany BarTech Facilities or any other Person, alleged violation, non-compliance, liability in each case of or with respect to any actual or potential liability regarding environmental matters violation or compliance failure to comply with any Environmental Laws with regard Law or of any actual or threatened obligation to undertake or bear any of the Properties or the Businesscost, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofdamage, expense, liability, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on obligation arising from or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(ef) No judicial proceeding Neither BarTech nor any of its Subsidiaries has contractually assumed any liability or governmental obligation under or administrative action is pending or, relating to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the BusinessLaws.
(fg) There Neither BarTech nor any of its Subsidiaries has been no release or threat of release of Materials of Environmental Concern at or from the Propertiesentered into, or arising from is subject to, any Order or related agreement relating to compliance with Environmental Laws or the operations investigation or remediation of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental LawsHazardous Materials.
Appears in 2 contracts
Samples: Master Restructuring Agreement (Republic Technologies International Inc), Master Restructuring Agreement (Rti Capital Corp)
Environmental Matters. Except to the extent that the failure (a) Dynegy and each Subsidiary of the following statements to be true Dynegy has been and correct could is in compliance with all Environmental Laws except for such matters as do not and are not reasonably be expected likely to have have, individually or in the aggregate, a Dynegy Material Adverse Effect:
(a) The facilities and properties owned. There are no past or present facts, leased conditions or operated by circumstances that interfere with the Borrower or conduct of any of its Subsidiaries (their respective businesses in the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts manner now conducted or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, interfere with continued compliance with any Environmental Law, except for any noncompliance or interference that is not reasonably likely to have, individually or in the aggregate, a Dynegy Material Adverse Effect.
(b) The Properties Except for such matters as do not and all operations at the Properties are in compliancenot reasonably likely to have, and have individually or in the last five years been in complianceaggregate, in all material respects with all applicable Environmental Lawsa Dynegy Material Adverse Effect, and there is (i) no contamination at, under judicial or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.
(e) No judicial proceeding administrative proceedings or governmental or administrative action is investigations are pending or, to the knowledge of Dynegy, threatened against Dynegy or its Subsidiaries that allege the Borrowerviolation of or seek to impose liability pursuant to any Environmental Law, threatenedand (ii) there are no past or present facts, conditions or circumstances at, on or arising out of, or otherwise associated with, any current (or, to the knowledge of Dynegy or its Subsidiaries, former) businesses, assets or properties of Dynegy or any Subsidiary of Dynegy, including but not limited to on-site or off-site disposal, release or spill of any Hazardous Materials which facts, conditions or circumstances violate Environmental Law or are reasonably likely to give rise to (x) costs, expenses, liabilities or obligations for any cleanup, remediation, disposal or corrective action under any Environmental Law, (y) claims arising for personal injury, property damage or damage to natural resources, or (z) fines, penalties or injunctive relief.
(c) Neither Dynegy nor any of its Subsidiaries has (i) received any notice of noncompliance with, violation of, or liability or potential liability under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there (ii) entered into any consent decrees decree or other decrees, consent orders, administrative orders order or other orders, is subject to any order of any court or other administrative governmental authority or judicial requirements outstanding tribunal under any Environmental Law with respect or relating to the Properties or the Businesscleanup of any Hazardous Materials, except for any such matters as do not and are not reasonably likely to have a Dynegy Material Adverse Effect.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Laws.
Appears in 2 contracts
Samples: Merger Agreement (Enron Corp/Or/), Merger Agreement (Dynegy Inc /Il/)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and --------------------- properties owned, leased or operated by the Borrower or Company and/or any of its Subsidiaries (the “"Properties”") do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental LawLaw except in either case insofar as such violation or liability, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental Amount.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower Company or any of its Subsidiaries (the “"Business”") which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the aggregate fair saleable value thereofof the Properties.
(c) Neither the Borrower Company nor any of its Subsidiaries has received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower Company or any of its Subsidiaries have knowledge or reason to believe that any such notice will be received or is being threatenedthreatened except insofar as such notice or threatened notice, or any aggregation thereof, does not involve a matter or matters that is or are reasonably likely to result in the payment of a Material Environmental Amount.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that could reasonably be expected to give rise to liability on the part of the Company or any Subsidiary under, any applicable Environmental LawLaw except insofar as any such violation or liability referred to in this paragraph, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental Amount.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the BorrowerCompany, threatened, under any Environmental Law to which the Borrower Company or any Subsidiary is or will be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties or the BusinessBusiness except insofar as such proceeding, action, decree, order or other requirement, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental Amount.
(f) There has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of the Borrower Company or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder Environmental Laws except insofar as any such violation or liability referred to in this paragraph, or any aggregation thereof, is not reasonably likely to result in the payment of a Material Environmental LawsAmount.
Appears in 2 contracts
Samples: Loan Agreement (Federal Mogul Corp), 364 Day Revolving Credit Agreement (Federal Mogul Corp)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower and each Subsidiary now or any of its Subsidiaries (in the “Properties”) past do not contain, and to their knowledge have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (iA) constitute or constituted a material violation of, of applicable Environmental Laws or (iiB) could reasonably be expected to give rise to material liability under, any under applicable Environmental Law.Laws;
(b) The Properties To the knowledge of the Borrower and its Subsidiaries, the Borrower and each Subsidiary and their respective properties and all operations at the Properties conducted in connection therewith are in material compliance, and have in the last five years been in material compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) such operations which could reasonably be expected to materially interfere with the continued operation of the Properties such properties or Business or materially impair the fair saleable value thereof.;
(c) Neither the Borrower nor any of its Subsidiaries Subsidiary has received any written notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters matters, Hazardous Materials, or compliance with Environmental Laws with regard to any of the Properties or the Business, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.Laws;
(d) To the knowledge of the Borrower and its Subsidiaries, Hazardous Materials of Environmental Concern have not been transported or disposed of to or from the Properties properties owned, leased or operated by the Borrower or any Subsidiary in violation of, or in a manner or to a location which could reasonably be expected to give rise to material liability under, any applicable Environmental LawLaws, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that could reasonably be expected to give rise to material liability under, any applicable Environmental Law.Laws;
(e) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a potentially responsible party with respect to the Properties such properties or the Businessoperations conducted in connection therewith, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties Borrower, any Subsidiary or such properties or such operations that could reasonably be expected, individually or in the Business.aggregate, to have a Material Adverse Effect; and
(f) There has been no release release, or to the best of the Borrower’s knowledge, threat of release release, of Hazardous Materials of Environmental Concern at or from the Propertiesproperties owned, leased or arising from or related to the operations of operated by the Borrower or any Subsidiary Subsidiary, now or in connection with the Properties or otherwise in connection with the Businesspast, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability underunder Environmental Laws that could reasonably be expected, Environmental Lawsindividually or in the aggregate, to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Allegiance Bancshares, Inc.), Credit Agreement (Allegiance Bancshares, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct could as would not reasonably be expected to have a Material Adverse Effect, to the actual knowledge of each Responsible Officer:
(a) The Each of the facilities and properties owned, leased or operated by the Borrower or any members of its Subsidiaries the Consolidated Group (the “Subject Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to liability under, any Environmental Law.
(b) The Properties and all operations at the Subject Properties are in compliance, and have in the last five years been in compliance, in all material respects compliance with all applicable Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Subject Properties or the business businesses operated by the Borrower or any members of its Subsidiaries the Consolidated Group (the “BusinessBusinesses”) which ), and there are no conditions relating to the Businesses or Subject Properties that could reasonably be expected give rise to materially interfere with the continued operation liability of any member of the Consolidated Group under any applicable Environmental Laws.
(b) None of the Subject Properties contains, or Business has previously contained, any Materials of Environmental Concern at, on or materially impair under the fair saleable value thereofSubject Properties in amounts or concentrations that constitute or constituted a violation of, or could give rise to liability of any member of the Consolidated Group under, Environmental Laws.
(c) Neither None of the Borrower nor any members of its Subsidiaries the Consolidated Group has received any written or verbal notice of of, or inquiry from any Governmental Authority regarding, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or compliance with Environmental Laws with regard to any of the Subject Properties or the BusinessBusinesses, nor does the Borrower any Responsible Officer have actual knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofSubject Properties, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental Law, nor have any Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Subject Properties or any other location, in each case by or on behalf any members of the Consolidated Group in violation of, or in a manner that could would be reasonably be expected likely to give rise to liability of any member of the Consolidated Group under, any applicable Environmental Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the actual knowledge of the Borrowerany Responsible Officer, threatened, under any Environmental Law to which any member of the Borrower or any Subsidiary Consolidated Group is or will be named as a party with respect to the Properties or the Businessparty, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to any member of the Consolidated Group, the Subject Properties or the BusinessBusinesses.
(f) There has been no release or or, threat of release of Materials of Environmental Concern at or from the Subject Properties, or arising from or related to the operations (including, without limitation, disposal) of any member of the Borrower or any Subsidiary Consolidated Group in connection with the Subject Properties or otherwise in connection with the BusinessBusinesses, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, of any member of the Consolidated Group under Environmental Laws.
Appears in 2 contracts
Samples: Credit Agreement (Advance America, Cash Advance Centers, Inc.), Credit Agreement (Advance America, Cash Advance Centers, Inc.)
Environmental Matters. Except to the extent that the failure of the following statements to be true and correct for conditions which could not reasonably be expected to have a Material Adverse Effectresult in liabilities in excess of $100,000 in the aggregate:
(a) The facilities and properties owned, leased or operated by the Borrower now or any of its Subsidiaries (in the “Properties”) past do not contain, and to its knowledge have not previously contained, any Hazardous Materials of Environmental Concern in amounts or concentrations which (iA) constitute or constituted a violation of, of applicable Environmental Laws or (iiB) could reasonably be expected to give rise to liability under, any under applicable Environmental Law.Laws;
(b) The Properties Borrower’s properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all applicable Environmental Laws, and there is no contamination at, under or about the Properties such properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) such operations which could reasonably be expected to materially interfere with the continued operation of the Properties such properties or Business or materially impair the fair saleable salable value thereof.,
(c) Neither the The Borrower nor any of its Subsidiaries has not received any notice of violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters matters, Hazardous Materials, or compliance with Environmental Laws with regard to any of the Properties or the BusinessLaws, nor does the Borrower have knowledge or reason to believe that any such notice will be received or is being threatened.;
(d) Hazardous Materials of Environmental Concern have not been transported or disposed of to or from the Properties properties owned, leased or operated by the Borrower in violation of, or in a manner or to a location which could reasonably be expected to give rise to liability under, any Environmental LawLaws, nor have any Hazardous Materials of Environmental Concern been generated, treated, stored or disposed of at, on or under any of the Properties such properties in violation of, or in a manner that could reasonably be expected to give rise to liability under, any applicable Environmental Law.Laws;
(e) No judicial proceeding proceedings or governmental or administrative action is pending pending, or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a potentially responsible party with respect to the Properties such properties or the Businessoperations conducted in connection therewith, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any Environmental Law with respect to the Properties Borrower, and to the knowledge of the Borrower or the Business.such operations; and
(f) There has been no release release, or to the knowledge of the Borrower, threat of release release, of Hazardous Materials of Environmental Concern at or from properties owned, leased or operated by the PropertiesBorrower, now or arising from or related to in the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Businesspast, in violation of, of or in amounts or in a manner that could reasonably be expected to give rise to liability under, under Environmental Laws.
Appears in 2 contracts
Samples: Master Loan and Security Agreement (Oxford Finance Corp), Master Loan and Security Agreement (Oxford Finance Corp)
Environmental Matters. Except (a) The Company and its Subsidiaries are in compliance in all material respects with applicable Environmental Laws (including the possession of, maintenance of, and compliance with Permits required under applicable Environmental Laws for the operation of the business of the Company and its Subsidiaries), except in a manner where the lack of compliance would not result in material liability to the extent Company or its Subsidiaries.
(b) Neither the Company nor any of its Subsidiaries has generated, handled, stored, used, treated, recycled, released, disposed, or transported any Hazardous Substances at any property that the failure Company or any of the following statements to be true and correct could its Subsidiaries has at any time owned, operated, occupied, or leased, except in a manner which would not reasonably be expected to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Borrower or any of its Subsidiaries (the “Properties”) do not contain, and have not previously contained, any Materials of Environmental Concern result in amounts or concentrations which (i) constitute or constituted a violation of, or (ii) could reasonably be expected to give rise to material liability under, any Environmental Law.
(b) The Properties and all operations at the Properties are in compliance, and have in the last five years been in compliance, in all material respects with all under applicable Environmental Laws or noncompliance with Environmental Laws, and there is no contamination at, under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by the Borrower or any of its Subsidiaries (the “Business”) which could reasonably be expected to materially interfere with the continued operation of the Properties or Business or materially impair the fair saleable value thereof.
(c) Neither the Borrower Company nor any of its Subsidiaries has generated, handled, stored, used, treated, recycled, released, disposed, transported, or exposed any employee or any third party to, Hazardous Substances in violation of applicable Environmental Laws, except in a manner which would not reasonably be expected to result in material liability under applicable Environmental Laws or noncompliance with Environmental Laws.
(d) Neither the Company nor any of its Subsidiaries has received written notice of, is a party to, or, to the Knowledge of the Company is the subject of any notice of violationLegal Proceeding alleging, alleged violation, non-compliance, liability any Liability or potential liability regarding environmental matters responsibility under or compliance noncompliance with Environmental Laws with regard or seeking to impose any financial responsibility for any investigation, cleanup, removal, containment, or other remediation or compliance under applicable Environmental Laws. To the Knowledge of the Properties or the BusinessCompany, nor does the Borrower have knowledge or reason to believe that any such notice will be received or there is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation ofno reasonable basis for, or in a manner or to a location which could circumstances that are reasonably be expected likely to give rise to liability underto, any Environmental Law, nor have such Legal Proceeding by any Materials of Environmental Concern been generated, treated, stored Governmental Entity or disposed of at, on or under any of the Properties in violation of, or in a manner third party that could reasonably be expected to would give rise to any material liability under, or obligation on the part of the Company and its Subsidiaries taken as a whole. Neither the Company nor any of its Subsidiaries has entered into any agreement or consent order with any Governmental Entity or third party imposing material liability or obligation regarding alleged Liability or responsibility under or noncompliance with applicable Environmental LawLaws.
(e) No judicial proceeding The Company has delivered or governmental made available to Parent all environmental audits, environmental assessments, and closure reports in the Company’s possession, custody, or administrative action is pending or, to the knowledge of the Borrower, threatened, under any Environmental Law to which the Borrower or any Subsidiary is or will be named as a party control with respect to the Properties any real property currently or the Businessformerly owned, nor are there any consent decrees or other decrees, consent orders, administrative orders or other ordersoperated, or other administrative or judicial requirements outstanding under leased by the Company, any Environmental Law and all purchase and sale agreements with respect to any real property currently or formerly owned, and any and all material documents relating to the Properties Company’s compliance with the WEEE Directive and the European Union RoHS Directive. To the Knowledge of the Company, there are no facts or circumstances likely to prevent or delay the Businessability of the Company to comply, when required, with the WEEE Directive and the European Union RoHS Directive. The Company has verified with its suppliers that all products that the Company or its Subsidiaries have acquired, or plan on acquiring, from such suppliers will comply with the European Union RoHS Directive as of July 1, 2006. Section 3.17(e) of the Company Disclosure Schedule lists all products of the Company and each Subsidiary which are subject to the European Union RoHS Directive and identifies which products comply with the European Union RoHS Directive as of the Closing Date.
(f) There has been no release or threat For purposes of release of Materials of Environmental Concern this Section 3.17, “material liability” shall mean an economic effect with a value equal to at or from the Properties, or arising from or related to the operations of the Borrower or any Subsidiary in connection with the Properties or otherwise in connection with the Business, in violation of, or in amounts or in a manner that could reasonably be expected to give rise to liability under, Environmental Lawsleast $100,000 (One Hundred Thousand U.S. Dollars).
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Samples: Merger Agreement (Sirenza Microdevices Inc), Merger Agreement (Micro Linear Corp /Ca/)