Common use of Environmental undertakings Clause in Contracts

Environmental undertakings. 16.11.1 Each Obligor will not, and the Parent will procure that no member of the Group will, other than when duly licensed by the appropriate regulatory authorities, use, generate, store, handle, transport, dump, release, deposit, bury, emit, abandon or place any Dangerous Substance at, on, from or under any property which it owns or occupies if to do so will have a material adverse effect on the ability of the Obligors (taken as a whole) to perform their obligations under the Finance Documents. 16.11.2 Each Obligor will, and the Parent will procure that each member of the Group will, comply in all respects (consistently with the manner in which similar businesses operating in the relevant jurisdiction comply) with: (A) all applicable Environmental Laws; and (B) the terms of all Environmental Approvals necessary for the ownership and operation of its facilities and businesses as owned and operated from time to time, if failure to do so will have a material adverse effect on the ability of the Obligors (taken as a whole) to perform their obligations under the Finance Documents.

Appears in 3 contracts

Samples: Revolving Credit Facility Agreement (British American Tobacco p.l.c.), Revolving Credit Facility (British American Tobacco p.l.c.), Term Loan Agreement (British American Tobacco p.l.c.)

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Environmental undertakings. 16.11.1 (a) Each Obligor will not, and the Parent will procure that no other member of the Group will, other than when duly licensed by the appropriate regulatory authorities, use, generate, store, handle, transport, dump, release, deposit, bury, emit, abandon or place any Dangerous Substance at, on, from or under any property which it owns or occupies if to do so will could reasonably be expected to have a material adverse effect on the ability of the Obligors (taken as a whole) together to perform their obligations under the Finance Documents. 16.11.2 (b) Each Obligor will, and the Parent will procure that each other member of the Group will, comply in all respects (consistently with the manner in which similar businesses operating in the relevant jurisdiction comply) with: (Ai) all applicable Environmental Laws; and (Bii) the terms of all Environmental Approvals necessary for the ownership and operation of its facilities and businesses as owned and operated from time to time, if failure to do so will could reasonably be expected to have a material adverse effect on the ability of the Obligors (taken as a whole) together to perform their obligations under the Finance Documents.

Appears in 1 contract

Samples: Term and Revolving Credit Facility (Powergen PLC)

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