Hazardous Substances – Buyer Indemnification Sample Clauses

Hazardous Substances – Buyer Indemnification. Buyer releases and will defend, indemnify, and hold Seller and Seller’s Representatives harmless for, from, and against any response, removal, and/or remedial costs which may be assessed against Buyer, Seller, and/or Seller’s Representatives by any federal or state governmental authorities and/or any other person, whether known or unknown, resulting from or arising out of, whether directly or indirectly, the following: (a) the presence of any Hazardous Substances on the Property; (b) any Hazardous Substance spilled, discharged, and/or otherwise released on or into the Property; and/or (c) Buyer and/or Buyer’s Representatives activities on the Property involving the use, storage, handling, transportation, treatment, disposal, and/or release of any Hazardous Substances. The foregoing indemnity will include, without limitation, all costs and expenses incurred by Seller and/or Seller’s Representatives for attorneys employed to defend any such claim whether before or after initiation of a formal lawsuit or administrative proceeding.
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Hazardous Substances – Buyer Indemnification. Buyer releases and will defend, indemnify, and hold Seller and Seller’s Representatives harmless for, from, and against any response, removal, and/or remedial costs which may be assessed against Buyer, Seller, and/or Seller’s Representatives by any federal or state governmental authorities and/or any other person, whether known or unknown, resulting from or arising out of, whether directly or indirectly, the following: (a) the presence of any Hazardous Substances on the Property; (b) any Hazardous Substance spilled, discharged, and/or otherwise released on or into the Property; and/or (c) Buyer and/or Buyer’s Representatives activities on the Property involving the use, storage, handling, transportation, treatment, disposal, and/or release of any Hazardous Substances. The foregoing indemnity will include, without limitation, all costs and expenses incurred by Seller and/or Seller’s Representatives for attorneys employed to defend any such claim whether before or after initiation of a formal lawsuit or administrative proceeding. The indemnification covenants contained in this Section 6.2 will survive the Closing and will not merge with or into the Deed.
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Related to Hazardous Substances – Buyer Indemnification

  • 342 Hazardous Substances Purchaser shall notify the National Response Center and Contracting Officer of all releases of reportable quantities of hazardous substances on or in the vicinity of Sale Area that are caused by Purchaser’s employees, agents, contractors, Subcontractors, or their employees or agents, directly or indirectly, as a result of Purchaser’s Operations, in accordance with 40 CFR 302.

  • ENVIRONMENTAL WARRANTY, DISCLOSURES AND INDEMNIFICATION To the best of Seller's knowledge, there are no areas of the Property where hazardous substances or hazardous wastes, as such terms are defined by applicable Federal, State, and Local statutes and regulations, have been disposed of, released, or found. No claim has been made against Seller with regard to hazardous substances or wastes as set forth herein, and Seller is not aware that any such claim is current or ever has been threatened. Seller shall inform Buyer, to the best of Seller's knowledge, of any hazardous materials or release of any such materials into the environment, and of the existence of any underground structures or utilities which are or may be present on the Property.

  • Hazardous Substance Hazardous Substance" shall mean any chemical, substance, material, or waste, including without limitation asbestos, PCBs and formaldehyde, that is defined, classified, listed, or designated as hazardous, toxic, or radioactive, or by other similar term, by any federal, state, or local environmental statute, regulation, rule, order, or ordinance presently in effect.

  • Hazardous Substances The words "Hazardous Substances" mean materials that, because of their quantity, concentration or physical, chemical or infectious characteristics, may cause or pose a present or potential hazard to human health or the environment when improperly used, treated, stored, disposed of, generated, manufactured, transported or otherwise handled. The words "Hazardous Substances" are used in their very broadest sense and include without limitation any and all hazardous or toxic substances, materials or waste as defined by or listed under the Environmental Laws. The term "Hazardous Substances" also includes, without limitation, petroleum and petroleum by-products or any fraction thereof and asbestos.

  • Toxic or Hazardous Substance Any substance designated or defined as toxic or hazardous under any “Environmental Law” or that poses a risk to human health or safety, or the environment, and products and materials containing such substance. “

  • Hazardous Material Such Obligor will not, and will not permit any of its Subsidiaries to, use, generate, manufacture, install, treat, release, store or dispose of any Hazardous Material, except in compliance with all applicable Environmental Laws or where the failure to comply could not reasonably be expected to result in a Material Adverse Change.

  • No Hazardous Materials (A) have been disposed of or otherwise released from any Real Property of the Company or any of its Subsidiaries in violation of any Environmental Laws; or

  • Obligation to Notify Owner of Existing Hazardous Materials The Contractor shall immediately notify the Owner and the Design Professional, both orally and in writing, of the presence and location of any physical evidence of, or information regarding the presence of Hazardous Materials at the Site of which it becomes aware. If the Contractor encounters Hazardous Materials on the Site the Contractor shall (i) immediately stop performance of Work or that portion of the Work affected by or affecting such Hazardous Materials; (ii) secure the contaminated area against intrusion; (iii) not disturb or remove the Hazardous Materials; (iv) not proceed, or allow any subcontractor or supplier to proceed, with any Work or other activities in the area affected by such Hazardous Materials until such materials have been properly remediated and until directed in writing to do so by the Owner; and, (v) take any other steps necessary to protect life and health and the surrounding environment. The Contractor shall be entitled to adjustment of the Contract Time and the Contract Sum pursuant to Section 5, Part 2 of these General Conditions in order to compensate for the impact of any required demolition, re-work, shutdown, delay, protection of work, disruption, and start-up resulting from the encountering of such Hazardous Materials on the Site for which the Contractor is not responsible.

  • Hazardous Materials Tenant shall not keep on the Premises any item of a dangerous, flammable or explosive character that might unreasonably increase the danger of fire or explosion on the Premises or that might be considered hazardous or extra hazardous by any responsible insurance company.

  • POSSESSION OF GAS AN INDEMNIFICATION 1. As between the parties hereto, Seller shall be deemed to be in control and possession of the gas deliverable hereunder until it shall have been delivered to Buyer at the Point of Delivery after which Buyer shall be deemed to be in control and possession thereof.

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