ISRA Requirements Sample Clauses

ISRA Requirements. Prior to the Closing Date, the Company shall be responsible for compliance with the requirements of ISRA applicable to this transaction relating to obtaining the necessary approvals for each property subject to ISRA that will allow this transaction to be completed. The Company shall consult with FSI with respect to its ISRA filings and strategy, including allowing FSI to comment on such filing where time permits, and shall provide copies of all correspondence to and from the DEP with respect to ISRA compliance.
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ISRA Requirements. 39.01 The Landlord will not obtain an ISRA Certificate of Non-Applicability, or any other similar certificate. Should such a certificate be required for any reason, the Tenant will assume the Landlord's duty to obtain that certificate. In the event that during the term of this Lease, there shall result in a determination that DEP, or ISRA, or similar compliance is required, the Tenant shall immediately undertake the compliance and cure and thereafter apply to ISRA, or any similar agency, for a Letter of Non-Applicability or other determination that the ISRA requirements have been satisfied, and the Tenant will complete all requirements at its own expense. At the termination of this Lease, the Tenant shall forthwith obtain a determination from ISRA or any similar or replacement requirement, that all matters regarding ISRA or any substitute statute or rule or regulation, whether State or Federal, which may take the place of ISRA or which may otherwise be applicable at that time, whether contemplated or not, have been complied with by the Tenant and the Tenant will cure and repair any defect, damage or other default found, whether or not caused by reason of Tenant's operation or use of The Premises, for it is the intention of the parties that the Landlord shall not be subject to any risk, liability, cost or expense by reason thereof.
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ISRA Requirements. Prior to the Effective Time, the Company shall commence compliance with the requirements of ISRA applicable to this transaction by submitting all required filings for each property subject to ISRA in order to obtain authorizations that will allow the transactions contemplated by this Agreement to be effected pursuant to N.J.S.A. 13:1K-11.2 or pursuant to N.J.S.A. 13:1K-11.5, as the case may be. If the Company is unable to obtain an ISRA authorization for any property subject to ISRA prior to the Effective Time, then the Company shall seek a letter of non-applicability (a "LNA") if, in the reasonable judgment of MergeCo and the Company, there is a reasonable probability of obtaining a LNA in order to effect the transactions contemplated by this Agreement according to the time schedule desired by MergeCo and the Company. If it is determined not to seek a LNA, or an application to seek a LNA is denied, then the Company shall obtain a Remediation Agreement with respect to such property or properties in order to allow the transactions contemplated by this Agreement to be effected. The Company shall consult with MergeCo with respect to its ISRA filings and strategy, including allowing MergeCo to comment on such filings, and shall provide copies of all correspondence to and from the DEP with respect to ISRA compliance. MergeCo shall cooperate with the Company in connection with the ISRA applications and filings by the Company relating to approval and allow the transactions contemplated by this Agreement to be effected in a timely manner, including, without limitation, signing any documents reasonably requested by the Company and providing any information within the possession, custody or control of MergeCo.
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ISRA Requirements. 53 SECTION 5.12 Reports.........................................................53 SECTION 5.13 Stockholders' Meeting...........................................54 SECTION 5.14
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ISRA Requirements. Prior to the Effective Time, the Company shall commence compliance with the requirements of ISRA applicable to this transaction by submitting all required filings for each property subject to ISRA in order to obtain authorizations that will allow the transactions contemplated by this Agreement to be effected pursuant to N.J.S.A. 13:1K-11.2 or pursuant to N.J.S.A. 13:1K-11.5, as the case may be. If the Company is unable to obtain an ISRA authorization for any property subject to ISRA prior to the Effective Time, then the Company shall seek a letter of non-applicability (a "LNA") if, in the reasonable judgment of MergeCo and the Company, there is a reasonable probability of obtaining a LNA in order to effect the transactions contemplated by this Agreement according to the time schedule desired by MergeCo and the Company. If it is determined not to seek a LNA, or an application to seek a LNA is denied, then the Company shall obtain a Remediation Agreement with respect to such property or properties in order to allow the transactions contemplated by this Agreement to be
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ISRA Requirements. Prior to the Clos- ing Date, the Company shall be responsible for compliance with the requirements of ISRA applicable to this transaction relat- ing to obtaining the necessary approvals for each property sub- ject to ISRA that will allow this transaction to be completed. The Company shall consult with FSI with respect to its ISRA filings and strategy, including allowing FSI to comment on such filing where time permits, and shall provide copies of all cor- respondence to and from the DEP with respect to ISRA compli- ance.
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ISRA Requirements. (a) The Parties acknowledge that the facilities located in Leonia and Lyndhurst, New Jersey are subject to ISRA as in effect as of the Closing Date and the transaction contemplated by this Agreement will trigger the ISRA process for the Leonia and Lyndhurst facilities. Seller will assume and perform, at Seller’s sole cost and expense, all obligations, requirements and/or responsibilities under ISRA as in effect as of the Closing Date (including Remedial Action) which are imposed as a result of the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby (the “Seller ISRA Requirements”).
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ISRA Requirements. Prior to the Closing Date, the Company shall comply with the applicable requirements of the New Jersey Industrial Site Recovery Act, N.J.S.A. 13:1K-6 et seq., as amended (“ISRA”), including determining the applicability of and obtaining the necessary approvals for each property subject to ISRA that will allow the transactions contemplated hereby to be completed. The Company shall reasonably consult with Holding with respect to any required ISRA filings and strategy. The Company shall allow Holding to comment on such filings (including any environmental reports provided in connection with such filings) and the Company shall incorporate all reasonable comments provided by Holding. The Company shall provide Holding with copies of all environmental reports and all correspondence to and from the New Jersey Department of Environmental Protection with respect to ISRA compliance.
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Related to ISRA Requirements

  • FINRA Requirements (A) You represent that you are a member in good standing of FINRA, or a non-U.S. bank, broker, dealer, or institution not eligible for membership in FINRA or a Bank.

  • Tax Requirements The Participant is hereby advised to consult immediately with his or her own tax advisor regarding the tax consequences of this Agreement. The Company or, if applicable, any Subsidiary (for purposes of this Section 28, the term “Company” shall be deemed to include any applicable Subsidiary), shall have the right to deduct from all amounts hereunder paid in cash or other form, any Federal, state, local, or other taxes required by law to be withheld in connection with this Award. The Company may, in its sole discretion, also require the Participant receiving shares of Common Stock issued under the Plan to pay the Company the amount of any taxes that the Company is required to withhold in connection with the Participant’s income arising with respect to this Award. Such payments shall be required to be made when requested by the Company and may be required to be made prior to the delivery of any certificate representing shares of Common Stock. Such payment may be made (i) by the delivery of cash to the Company in an amount that equals or exceeds (to avoid the issuance of fractional shares under (iii) below) the required tax withholding obligations of the Company; (ii) if the Company, in its sole discretion, so consents in writing, the actual delivery by the exercising Participant to the Company of shares of Common Stock other than (A) Restricted Stock, or (B) Common Stock that the Participant has not acquired from the Company within six (6) months prior to the date of exercise, which shares so delivered have an aggregate Fair Market Value that equals or exceeds (to avoid the issuance of fractional shares under (iii) below) the required tax withholding payment; (iii) if the Company, in its sole discretion, so consents in writing, the Company’s withholding of a number of shares to be delivered upon the exercise of the Stock Option other than shares that will constitute Restricted Stock, which shares so withheld have an aggregate fair market value that equals (but does not exceed) the required tax withholding payment; or (iv) any combination of (i), (ii), or (iii). The Company may, in its sole discretion, withhold any such taxes from any other cash remuneration otherwise paid by the Company to the Participant. * * * * * * * *

  • ERISA Requirements (a) Borrower will not engage in any transaction which would cause an obligation, or action taken or to be taken under this Loan Agreement (or the exercise by Lender of any of its rights under the Note, this Loan Agreement or any of the other Loan Documents) to be a non-exempt prohibited transaction under ERISA or Section 4975 of the Tax Code.

  • Securities Law Requirements If at any time the Board or Committee determines that issuing Stock pursuant to this Agreement would violate applicable securities laws, the Corporation will not be required to issue such Stock. The Board or Committee may declare any provision of this Agreement or action of its own null and void, if it determines the provision or action fails to comply with applicable securities laws. The Corporation may require Participant to make written representations it deems necessary or desirable to comply with applicable securities laws.

  • Rule 144 Requirements After the earliest of (i) the closing of the sale of securities of the Company pursuant to a Registration Statement, (ii) the registration by the Company of a class of securities under Section 12 of the Exchange Act, or (iii) the issuance by the Company of an offering circular pursuant to Regulation A under the Securities Act, the Company agrees to:

  • Minimum Requirements With respect to the Notes, the Issuers shall not have any obligations with respect to any underwriters or underwritten offering except a single underwritten offering of $270 million or more of Registrable Securities.

  • Compliance with Requirements Any investment program furnished, and any activities performed, by the Manager or by a Sub-Adviser under this Section shall at all times conform to, and be in accordance with, any requirements imposed by: (1) the Act and any rules or regulations in force thereunder; (2) any other applicable laws, rules and regulations; (3) the Declaration of Trust and By-Laws of the Fund as amended from time to time; (4) any policies and determinations of the Board of Trustees of the Fund; and (5) the fundamental policies of the Fund, as reflected in its Registration Statement under the Act or as amended by the shareholders of the Fund.

  • Notification Requirements The Borrowers shall timely give to the Agent and each of the Lenders the following notices:

  • Filing Requirements From the date of this Agreement and until the last to occur of (i) all the Conversion Shares have been resold or transferred by the Subscribers pursuant to a registration statement or pursuant to Rule 144(b)(1)(i), or (ii) none of the Notes and Warrants are outstanding (the date of such latest occurrence being the “End Date”), the Company will (A) cause its Common Stock to continue to be registered under Section 12(b) or 12(g) of the 1934 Act, (B) comply in all respects with its reporting and filing obligations under the 1934 Act, (C) voluntarily comply with all reporting requirements that are applicable to an issuer with a class of shares registered pursuant to Section 12(g) of the 1934 Act, if the Company is not subject to such reporting requirements, and (D) comply with all requirements related to any registration statement filed pursuant to this Agreement. The Company will use its commercially reasonable best efforts not to take any action or file any document (whether or not permitted by the 1933 Act or the 1934 Act or the rules thereunder) to terminate or suspend such registration or to terminate or suspend its reporting and filing obligations under said acts until the End Date. Until the End Date, the Company will continue the listing or quotation of the Common Stock on a Principal Market and will comply in all respects with the Company’s reporting, filing and other obligations under the bylaws or rules of the Principal Market. The Company agrees to timely file a Form D with respect to the Securities if required under Regulation D and to provide a copy thereof to each Subscriber promptly after such filing.

  • Listing Requirements The Company shall not be obligated to deliver any certificates representing any shares until all applicable requirements imposed by federal and state securities laws and by any stock exchanges upon which the shares may be listed have been fully met.

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