Common use of Hazardous Wastes, Substances and Petroleum Products Clause in Contracts

Hazardous Wastes, Substances and Petroleum Products. Each Borrower and each Subsidiary of any Borrower has received all permits and filed all notifications necessary to carry on its business; and is in compliance in all respects with all Environmental Control Statutes. No Borrower and no Subsidiary of any Borrower has given any written or oral notice, or failed to give required notice, to the Environmental Protection Agency ("EPA") or any state or local agency with regard to any actual or imminently threatened Release of Hazardous Substances on properties owned, leased or operated by it or used in connection with the conduct of its business and operations. No Borrower and no Subsidiary of any Borrower has received notice that it is potentially responsible for costs of clean-up or remediation of any actual or imminently threatened Release of Hazardous Substances pursuant to any Environmental Control Statute. To the best of each Borrower's knowledge and belief, no real property owned or leased by any Borrower or any Subsidiary of any Borrower is in violation of any Environmental Laws and no Hazardous Substances are present on said real property in violation of applicable law. No Borrower and no Subsidiary of any Borrower has been identified in any litigation, administrative proceedings or investigation as a potentially responsible party for any liability under any Environmental Laws.

Appears in 3 contracts

Samples: Credit Agreement (Eplus Inc), Credit Agreement (Eplus Inc), Credit Agreement (Eplus Inc)

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Hazardous Wastes, Substances and Petroleum Products. Each (i) The Borrower and each Subsidiary of any Borrower has Subsidiary: (i) have received all permits and filed all notifications necessary to carry on its businesstheir respective business(es); and is (ii) are in compliance in all respects with all Environmental Control Statutes. No . (ii) Neither the Borrower and no nor any Subsidiary of any Borrower has given any written or oral notice, or nor has it failed to give required notice, to the Environmental Protection Agency ("EPA") or any state or local agency with regard to any actual or imminently threatened Release of Hazardous Substances on properties owned, leased or operated by it the Borrower or any Subsidiary or used in connection with the conduct of its business and operations. No . (iii) Neither the Borrower and no nor any Subsidiary of any Borrower has received notice that it is potentially responsible for costs of clean-up or remediation of any actual or imminently threatened Release of Hazardous Substances pursuant to any Environmental Control Statute. To the best of each Borrower's knowledge and belief, no . (iv) No real property owned or leased by any the Borrower or any Subsidiary of any Borrower is in violation of any Environmental Laws and Laws, no Hazardous Substances Materials are present on said real property in violation of applicable law. No and neither the Borrower and no nor any Subsidiary of any Borrower has been identified in any litigation, administrative proceedings or investigation as a potentially responsible party for any liability under any Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement (Quad Systems Corp /De/)

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Hazardous Wastes, Substances and Petroleum Products. (i) Each of the Borrower and each Subsidiary of any Borrower the Parent (A) has received all permits and filed all notifications necessary to carry on its business; , and (B) is in compliance in all respects with all Environmental Control Statutes. No Laws. (ii) Neither the Borrower and no Subsidiary of any Borrower nor the Parent has given any written or oral notice, or nor has either failed to give required notice, to the Environmental Protection Agency ("β€œEPA"”) or any state or local agency with regard to any actual or imminently threatened Release release of Hazardous Substances on properties owned, leased or operated by it the Borrower or the Parent or used in connection with the conduct of its their business and operations. No . (iii) Neither the Borrower and no Subsidiary of any Borrower nor the Parent has received notice that it is potentially responsible for costs of clean-up or remediation of any actual or imminently threatened Release release of Hazardous Substances pursuant to any Environmental Control Statute. To the best of each Borrower's knowledge and belief, no Laws. (iv) No real property owned or leased by any the Borrower or any Subsidiary of any Borrower the Parent is in violation of any Environmental Laws and Laws, no Hazardous Substances Materials are present on said real property in violation of applicable law. No and neither the Borrower and no Subsidiary of any Borrower nor the Parent has been identified in any litigation, administrative proceedings or investigation as a potentially responsible party for any liability under any Environmental Laws.

Appears in 1 contract

Samples: Loan and Security Agreement (IEG Holdings Corp)

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