Common use of Licensee’s Liability for Environmental Costs Clause in Contracts

Licensee’s Liability for Environmental Costs. Except as expressly provided in this Agreement, Licensee shall be liable for all Environmental Costs arising under this Agreement. Any Environmental Cost for which Licensee is obligated under this Agreement shall be paid by Licensee on or before the date such Environmental Costs are due. Any Environmental Cost incurred by, paid by or assessed against the County, for which Licensee is responsible under this Agreement, shall be paid by Licensee within thirty (30) days after the date of written notice or invoice from the County, together with interest at the rate of 1.5 percent per month from the date the expense was incurred by the County. The County shall promptly notify Licensee of any Environmental Costs for which Licensee is liable. If the County negligently fails to promptly notify Licensee of an Environmental Cost for which Licensee is liable, and if Licensee does not have actual knowledge of the Environmental Cost, Licensee’s obligation to pay interest shall be excused for that part of the delay beyond the date the Environmental Cost is incurred, paid or assessed attributable to the County’s negligence.

Appears in 4 contracts

Samples: License and Use Agreement, License and Use Agreement, License and Use Agreement

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