Common use of Hazardous Wastes and Substances Clause in Contracts

Hazardous Wastes and Substances. To the best knowledge of the Borrower, the Borrower and its properties are in compliance with applicable state and federal environmental laws and regulations and the Borrower is not aware of and has not received any notice of any violation of any applicable state or federal environmental law or regulation and there has not heretofore been filed any complaint, nor commenced any administrative procedure, against the Borrower or any of its predecessors, alleging a violation of any environmental law or regulation. Currently and from time to time, the Borrower, in the course of its regular business, may use or generate on a portion of its properties materials which are “Hazardous Materials”, as that term is defined below. The Borrower has and will make a good faith attempt to comply with all applicable statutes and regulations in the use, generation and disposal of such materials. To the best of its knowledge, the Borrower has not otherwise installed, used, generated, stored or disposed of any hazardous waste, toxic substance, asbestos or related material on its properties. For the purposes of this Agreement, the term “Hazardous Materials” shall be defined to include, without limitation, those substances referred to above, as well those substances defined as “hazardous substances” or “toxic substances” in the Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, 42 U.S.C. §9061, et seq., Hazardous Materials Xxxxxxxxxxxxxx Xxx, 00 X.X.X. §0000, et seq., and the Resource Conservation and Xxxxxxxx Xxx, 00 X.X.X. §0000, et seq., or as “hazardous substances,” “hazardous waste” or “pollutant or contaminant” in any other applicable federal, state or local environmental law or regulation. There do not exist upon any property owned by Borrower any underground storage tanks or facilities, and to the knowledge of Borrower, none of such property has ever been used for the treatment, storage, recycling, or disposal of any Hazardous Materials.

Appears in 3 contracts

Samples: Revolving Line of Credit Loan Agreement (Dawson Geophysical Co), Revolving Line of Credit Loan Agreement (Dawson Geophysical Co), Revolving Line of Credit Loan Agreement (Dawson Geophysical Co)

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Hazardous Wastes and Substances. To the best knowledge of the Borrower, the Borrower and its properties are in compliance with applicable state and federal environmental laws and regulations and the Borrower is not aware of and has not received any notice of any violation of any applicable state or federal environmental law or regulation and there has not heretofore been filed any complaint, nor commenced any administrative procedure, against the Borrower or any of its predecessors, alleging a violation of any environmental law or regulation. Currently and from time to time, the Borrower, in the course of its regular business, may use or generate on a portion of its properties materials which are Hazardous Materials, as that term is defined belowhereinafter defined. The Borrower has and will make a good faith attempt to comply with all applicable statutes and regulations in the use, generation and disposal of such materials. To the best of its knowledge, the Borrower has not otherwise installed, used, generated, stored or disposed of any hazardous waste, toxic substance, asbestos or related material (“Hazardous Materials”) on its properties. For the purposes of this Agreement, the term “Hazardous Materials” Materials shall be defined to include, without limitationbut shall not be limited to, those substances referred to above, as well those substances defined as “hazardous substances” or “toxic substances” in the Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, 42 U.S.C. §9061, et seq., Hazardous Materials Xxxxxxxxxxxxxx Txxxxxxxxxxxxx Xxx, 00 X.X.X. §0000, et seq., and the Resource Conservation and Xxxxxxxx Rxxxxxxx Xxx, 00 X.X.X. §0000, et seq., or as “hazardous substances,” “hazardous waste” or “pollutant or contaminant” in any other applicable federal, state or local environmental law or regulation. There do not exist upon any property owned by Borrower any underground storage tanks or facilities, and to the knowledge of Borrower, none of such property has ever been used for the treatment, storage, recycling, or disposal of any Hazardous Materials.

Appears in 3 contracts

Samples: Revolving Line of Credit Loan Agreement (Dawson Geophysical Co), Revolving Line of Credit Loan Agreement (Dawson Geophysical Co), Revolving Line of Credit Loan Agreement (Dawson Geophysical Co)

Hazardous Wastes and Substances. To the best knowledge of the Borrower, the Borrower and its properties are in compliance with applicable state and federal environmental laws and regulations and the Borrower is not aware of and has not received any notice of any violation of any applicable state or federal environmental law or regulation and there has not heretofore been filed any complaint, nor commenced any administrative procedure, against the Borrower or any of its predecessors, alleging a violation of any environmental law or regulation. Currently and from time to time, the Borrower, in the course of its regular businessbusiness (oil and gas exploration and production), may use or generate on a portion of its properties materials which are Hazardous Materials, as that term is defined belowhereinafter defined. The Borrower has and will make a good faith attempt to comply with all applicable statutes and regulations in the use, generation and disposal of such materials. To the best of its knowledge, the Borrower has not otherwise installed, used, generated, stored or disposed of any hazardous waste, toxic substance, asbestos or related material ("Hazardous Materials") on its their properties. For the purposes of this Agreement, the term “Hazardous Materials” Materials shall be defined to include, without limitationbut shall not be limited to, those substances referred to above, as well those substances defined as "hazardous substances" or "toxic substances" in the Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, 42 U.S.C. §9061ss.9061, et seq., Hazardous Materials Xxxxxxxxxxxxxx XxxTransportation Act, 00 X.X.X. §000049 U.S.C. ss.1802, et seq., and the Resource Conservation and Xxxxxxxx XxxRecovery Act, 00 X.X.X. §000042 U.S.C. ss.6901, et seq., or as "hazardous substances,” “" "hazardous waste" or "pollutant or contaminant" in any other applicable federal, state or local environmental law or regulation. There To the knowledge of Borrower, there do not exist upon any property owned by Borrower any underground storage tanks or facilities, and to the knowledge of Borrower, none of such property has ever been used for the treatment, storage, recycling, or disposal of any Hazardous Materials.

Appears in 1 contract

Samples: Loan Agreement (Key Energy Group Inc)

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Hazardous Wastes and Substances. To the best knowledge of Borrower the Borrower, the Borrower and its properties are Mortgaged Property is in compliance with applicable material state and federal environmental laws and regulations and the Borrower is not aware of and has not received any notice of any violation of any applicable state or federal environmental law or regulation and to the knowledge of Borrower there has not heretofore been filed any complaint, nor commenced any administrative procedure, against the Borrower Borrower, or any of its their predecessors, that is pending and that has not been otherwise resolved, alleging a violation of any environmental law or regulationregulation with respect to the Mortgaged Property. Currently and from time to time, In the Borrower, in the course of its regular business, event Borrower may use or generate on a portion of its properties materials which are Hazardous Materials, as that term is defined below. The hereinafter defined, Borrower has and will make a good faith attempt to comply with all applicable statutes and regulations in the use, generation and disposal of such materials. To the best of its knowledge, the Borrower has not otherwise installed, used, generated, stored or disposed of any hazardous waste, toxic substance, asbestos or related material ("Hazardous Materials") on its propertiesthe Mortgaged Property. For the purposes of this Agreement, the term “Hazardous Materials” Materials shall be defined to include, without limitationbut shall not be limited to, those substances referred to above, as well those substances defined as "hazardous substances" or "toxic substances" in the Comprehensive Environmental Response Compensation and Liability Act of 1980, as amended, 42 U.S.C. §9061, et seq., Hazardous Materials Xxxxxxxxxxxxxx XxxTransportation Act, 00 X.X.X. §000049 U.S.C. 1802, et seq., and the Resource Conservation and Xxxxxxxx XxxRecovery Act, 00 X.X.X. §000042 U.S.C. 6901, et seq.q., or as "hazardous substances,” “" "hazardous waste" or "pollutant or contaminant" in any other applicable federal, state or local environmental law or regulation. There do not exist upon any property owned by Borrower the Mortgaged Property any underground storage tanks or facilities, and to the best knowledge of Borrower, none of such property the Mortgaged Property has ever been used for the treatment, storage, recycling, or disposal of any Hazardous Materials.

Appears in 1 contract

Samples: Credit Agreement (Amen Properties Inc)

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