Common use of Environmental Notifications Clause in Contracts

Environmental Notifications. The Borrower shall notify the Agent, in writing, within five (5) Business Days of any of the following events occurring after the date of this Agreement: (i) Any written notification made by Borrower or any of the Subsidiaries to any federal, state or local environmental agency required under any federal, state or local environmental statute, regulation or ordinance relating to a spill or unauthorized discharge or release of any Hazardous Substance to the environment at, from, or as a result of any operations on, the Rig or other properties and operations owned or operated by the Borrower or any Subsidiary. (ii) Knowledge by an officer of the Borrower or any Subsidiary of receipt of service by Borrower or any Subsidiary of any complaint, compliance order, compliance schedule, notice letter, notice of violation, citation or other similar notice or any judicial demand by any court, federal, state or local environmental agency, alleging (A) any spill, unauthorized discharge or release of any Hazardous Substance to the environment from, or as a result of the operations on, the Rig or other properties owned or operated by the Borrower or any Subsidiary or (B) violations of applicable laws, regulations or permits regarding the generation, storage, handling, treatment, transportation, recycling, release or disposal of Hazardous Substances on or as a result of operations on the Rig or other properties and operations owned or operated by the Borrower or the respective Subsidiary. (iii) It is understood by the parties hereto that the aforementioned notices are solely for the Agent's information, may not otherwise be required by any federal, state or local environmental laws, regulations or ordinances, and are to be considered confidential information by the Banks and the Agent. (iv) The term "environmental agency" as used herein shall include, but not be limited to, the United States Environmental Protection Agency, the United States Coast Guard, the United States Mineral Management Service, the United States Department of Transportation (in its administration of the Hazardous Materials Transportation Act, 49 U.S.C. Sec. 1801, et seq.) and other analogous or similar Governmental Authorities regulating or administering statutes, regulations or ordinances relating to or imposing liability or standards of conduct concerning the generation, storage, use, production, transportation, handling, treatment, recycling, release or disposal of any Hazardous Substance.

Environmental Notifications. The Borrower Borrowers shall notify the Agent, in writing, within five (5) Business Days of any of the following events occurring after the date of this Agreement: (i) Any written notification made by either Borrower or any of the Subsidiaries to any federal, state or local environmental agency required under any federal, state or local environmental statute, regulation or ordinance relating to a spill or unauthorized discharge or release of any Hazardous Substance to the environment at, from, or as a result of any operations on, the Rig Rigs or other properties and operations owned or operated by the Borrower Borrowers or any Subsidiary. (ii) Knowledge by an officer of the Borrower Borrowers or any Subsidiary of receipt of service by either Borrower or any Subsidiary of any complaint, compliance order, compliance schedule, notice letter, notice of violation, citation or other similar notice or any judicial demand by any court, federal, state or local environmental agency, alleging (A) any spill, unauthorized discharge or release of any Hazardous Substance to the environment from, or as a result of the operations on, the Rig Rigs or other properties owned or operated by the Borrower Borrowers or any Subsidiary or (B) violations of applicable laws, regulations or permits regarding the generation, storage, handling, treatment, transportation, recycling, release or disposal of Hazardous Substances on or as a result of operations on the Rig Rigs or other properties and operations owned or operated by the Borrower Borrowers or the respective Subsidiary. (iii) It is understood by the parties hereto that the aforementioned notices are solely for the Agent's information, may not otherwise be required by any federal, state or local environmental laws, regulations or ordinances, and are to be considered confidential information by the Banks and the Agent. (iv) The term "environmental agency" as used herein shall include, but not be limited to, the United States Environmental Protection Agency, the United States Coast Guard, the United States Mineral Management Service, the United States Department of Transportation (in its administration of the Hazardous Materials Transportation Act, 49 U.S.C. Sec. 1801, et seq.) and other analogous or similar Governmental Authorities regulating or administering statutes, regulations or ordinances relating to or imposing liability or standards of conduct concerning the generation, storage, use, production, transportation, handling, treatment, recycling, release or disposal of any Hazardous Substance.

Environmental Notifications. The Borrower and each Guarantor shall notify the Agent, in writing, Administrative Agent within five (5) Business Days of any of the following events occurring after the date of this Agreement: (i) Any written notification made by Borrower or any of the Subsidiaries Guarantor to any federal, state or local environmental agency required under any federal, state or local environmental statute, regulation or ordinance relating to a spill or unauthorized discharge or release of any Hazardous Substance to the environment at, from, or as a result of any operations on, the Rig or other properties and operations owned or operated by the Borrower or and any SubsidiaryGuarantor. (ii) Knowledge by an officer of the Borrower or any Subsidiary Guarantor of receipt of service by Borrower or any Subsidiary such Guarantor of any complaint, compliance order, compliance schedule, notice letter, notice of violation, citation or other similar notice or any judicial demand by any court, federal, state or local environmental agency, alleging (A) any spill, unauthorized discharge or release of any Hazardous Substance to the environment from, or as a result of the operations on, the Rig or other properties owned or operated by the Borrower or any Subsidiary such Guarantor or (B) violations of applicable laws, regulations or permits regarding the generation, storage, handling, treatment, transportation, recycling, release or disposal of Hazardous Substances on or as a result of operations on the Rig or other properties and operations owned or operated by the Borrower or the respective Subsidiarysuch Guarantor. (iii) It is understood by the parties hereto that the aforementioned notices are solely for the Administrative Agent's and the Lender's information, may not otherwise be required by any federal, state or local environmental laws, regulations or ordinances, and are to be considered confidential information by the Banks Lenders and the Administrative Agent. (iv) The term "environmental agency" as used herein shall include, but not be limited to, the United States Environmental Protection Agency, the United States Coast Guard, the United States Mineral Management Service, the United States Department of Transportation (in its administration of the Hazardous Materials Transportation Act, 49 U.S.C. Sec. 1801, et seq.) ), the Louisiana Department of Natural Resources, the Railroad Commission of the State of Texas, the Texas Natural Resource Conservation Commission and other analogous or similar Governmental Authorities regulating or administering statutes, regulations or ordinances relating to or imposing liability or standards of conduct concerning the generation, storage, use, production, transportation, handling, treatment, recycling, release or disposal of any Hazardous Substance.

Environmental Notifications. The Borrower Borrowers shall notify the Agent, in writing, within five (5) Business Days of any of the following events occurring after the date of this Agreement: (i) Any written notification made by Borrower the Borrowers or any of the Subsidiaries Guarantor to any U.S. or foreign federal, state or local environmental agency required under any federal, state or local environmental statute, regulation or ordinance relating to a spill or unauthorized discharge or release of any Hazardous Substance to the environment at, from, or as a result of any operations on, the Rig Vessels or other properties and operations owned or operated by the Borrower Borrowers or any Subsidiary.the Guarantor; (ii) Knowledge by an officer of the Borrower or any Subsidiary Borrowers of receipt of service by Borrower the Borrowers or any Subsidiary the Guarantor of any complaint, compliance order, compliance schedule, notice letter, notice of violation, citation or other similar notice or any judicial demand by any U.S. or foreign court, federal, state or local environmental agency, alleging (A) any spill, unauthorized discharge or release of any Hazardous Substance to the environment from, or as a result of the operations on, the Rig Vessels or other properties owned or operated by the Borrower Borrowers or any Subsidiary the Guarantor, or (B) violations of applicable laws, regulations or permits regarding the generation, storage, handling, treatment, transportation, recycling, release or disposal of Hazardous Substances on or as a result of operations on the Rig Vessels or other properties and operations owned or operated by the Borrower Borrowers or the respective SubsidiaryGuarantor. (iii) It is understood by the parties hereto that the aforementioned above mentioned notices are solely for the Agent's and the Lenders' information, may not otherwise be required by any U.S. or foreign federal, state or local environmental laws, regulations or ordinances, and are to be considered confidential information by the Banks Agent and the AgentLenders. (iv) The term "environmental agency" as used herein shall include, but not be limited to, the United States Environmental Protection Agency, the United States Coast Guard, the United States Mineral Minerals Management Service, the United States Department of Transportation (in its administration of the Hazardous Materials Transportation Act, 49 U.S.C. Sec. 1801, et seqET SEQ.) and other analogous or similar Governmental Authorities Agencies regulating or administering statutes, regulations or ordinances relating to or imposing liability or standards of conduct concerning the generation, storage, use, production, transportation, handling, treatment, recycling, release or disposal of any Hazardous Substance.