Environmental Services Agreement Sample Clauses

Environmental Services Agreement. Concurrent with the Closing, Buyer shall enter into a services agreement with ATC Associates to carry out the Environmental Work specified in the Remedial Action Plan through and including the issuance of a VCP Certificate of Completion and any other applicable Governmental Closure Document (the “Environmental Services Agreement”). The Environmental Services Agreement shall further provide that Seller shall be a third party beneficiary of the Environmental Services Agreement and shall have rights to enforce the same against the service provider under the Environmental Services Agreement (the “Service Provider”) in the event that Buyer has defaulted on its obligations under this Article 16. The Environmental Services Agreement shall be in a form acceptable to Seller, in Seller’s sole discretion, and shall provide for the performance of all Environmental Work that may be necessary to obtain a VCP Certificate of Completion and any other applicable Governmental Closure Document and shall be amended accordingly in the event further Environmental Work is required by any Government Agency. At the Closing, Seller shall pay, as a credit against the Purchase Price, the amounts owed under the Environmental Services Agreement, up to a maximum amount of $75,000. Upon Closing, Buyer shall and hereby does assume at its sole cost and expense all responsibility for the management and oversight of the Service Provider, performance under the Environmental Services Agreement (except as expressly set forth above) and implementation of the RAP. Any change orders, additional work requirements, or other unforeseen costs associated with the RAP, or otherwise charged by the Service Provider, shall be the sole obligation of Buyer, and Buyer shall indemnify, defend and hold harmless Seller with respect to any matters arising from the Environmental Services Agreement, except with respect to the payment of the unpaid balance due at Closing, as limited above. Without limiting the foregoing, in the event that ATC Associates fails to perform its obligations under the Environmental Services Agreement, then, after the expiration of any applicable notice and/or cure periods thereunder, Buyer shall have the right to enter into a replacement of such Environmental Services Agreement (the “Replacement Environmental Services Agreement”), provided, that, (i) the service provider under the Replacement Environmental Services Agreement must be acceptable to Seller, in Seller’s reasonable discretion, ...
Sample 1Sample 2
AutoNDA by SimpleDocs
Environmental Services Agreement. An Environmental Services Agreement substantially in the form attached hereto as Exhibit 6.6 hereto (the "Environmental Services Agreement"). 7.
Sample 1

Related to Environmental Services Agreement

  • Master Services Agreement This Agreement is a master agreement governing the relationship between the Parties solely with regard to State Street’s provision of Services to each BTC Recipient under the applicable Service Modules.

  • Services Agreement The Company has entered into the Services Agreement with the Sponsor pursuant to which the Sponsor will make available to the Company general and administrative services including office space, utilities and secretarial support for the Company’s use for $10,000 per month, subject to adjustment as provided for in the Services Agreement. Prior to the consummation of a Business Combination, the Company shall not enter into any other arrangement for the provision of such services with any Insider that will require the Company to pay in excess of $10,000 per month for such services.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

  • Administrative Services Agreement The Administrative Services Agreement has been duly authorized, executed and delivered by the Company and is a valid and binding agreement of the Company, enforceable against the Company in accordance with its terms except as the enforceability thereof may be limited by bankruptcy, insolvency, or similar laws affecting creditors’ rights generally from time to time in effect and by equitable principles of general applicability.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • Services Agreements For at least the first twelve (12) months after Closing, the Parties agree that all research, development, and regulatory activities to be performed under the Work Plan (which will be agreed upon in accordance with the Operating Agreement of the Company) shall be conducted by the Parties as in-kind contributions to the Company, except as otherwise provided in the Operating Agreement. Such activities shall be performed pursuant to a services agreement between each of the Parties and the Company, which services agreements shall be included in the Future Related Agreements. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

  • Environmental Monitoring (a) Borrower shall give prompt written notice to Lender of (i) any proceeding or inquiry by any party (including any Governmental Authority) with respect to the presence of any Hazardous Substance on, under, from or about the Property, (ii) all claims made or threatened by any third party (including any Governmental Authority) against Borrower or the Property or any party occupying the Property relating to any loss or injury resulting from any Hazardous Substance, and (iii) Borrower’s discovery of any occurrence or condition on any real property adjoining or in the vicinity of the Property that could cause the Property to be subject to any investigation or cleanup pursuant to any Environmental Law. Upon becoming aware of the presence of mold or fungus at the Property, Borrower shall (i) undertake an investigation to identify the source(s) of such mold or fungus and shall develop and implement an appropriate remediation plan to eliminate the presence of any Toxic Mold, (ii) perform or cause to be performed all acts reasonably necessary for the remediation of any Toxic Mold (including taking any action necessary to clean and disinfect any portions of the Property affected by Toxic Mold, including providing any necessary moisture control systems at the Property), and (iii) provide evidence reasonably satisfactory to Lender of the foregoing. Borrower shall permit Lender to join and participate in, as a party if it so elects, any legal or administrative proceedings or other actions initiated with respect to the Property in connection with any Environmental Law or Hazardous Substance, and Borrower shall pay all reasonable attorneys’ fees and disbursements incurred by Lender in connection therewith.

  • Management Services Agreement The term "Management Services ----------------------------- Agreement" shall mean this Management Services Agreement by and between Practice and Business Manager and any amendments hereto.

  • Transportation Management Tenant shall fully comply with all present or future programs intended to manage parking, transportation or traffic in and around the Building, and in connection therewith, Tenant shall take responsible action for the transportation planning and management of all employees located at the Premises by working directly with Landlord, any governmental transportation management organization or any other transportation-related committees or entities.

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