FERNDALE FACILITY Sample Clauses
FERNDALE FACILITY. Notwithstanding anything to the contrary in the Stock Purchase Agreement, none of the assets, liabilities or obligations relating to or associated with the portion of the Business conducted at 1524 ▇▇▇▇▇▇ ▇▇▇▇, Ferndale, Washington (the "Ferndale Facility") shall be transferred to the Company, including without limitation the 1996 Mack ▇▇▇ctor, 1992 Fruehauf trailer and 1992 utility trailer. Seller, or BFI Waste Systems of North America, Inc., or another subsidiary of Seller shall retain all of the assets and retain or assume and satisfy or discharge all of the obligations and liabilities related to the operation of the Ferndale Facility, and neither Buyer nor Stericycle of Washington nor any of Buyer's other subsidiaries shall assume or be considered to have assumed any of such obligations and liabilities. Buyer shall cooperate with Seller and provide such reasonable non-financial assistance to Seller as Seller may request to satisfy, negotiate the settlement of or prosecute claims associated with the Ferndale Facility. The retention by Seller of the obligations described in this paragraph, and the operation by Seller or a subsidiary of Seller of an on-site autoclave at the Ferndale Facility and the transfer and/or hauling of treated medical waste from the autoclave (but not any related medical waste collection, solicitation of customers or other activities) shall not constitute a violation of the covenant not to compete in Section 6.14
