Common use of NORM, Wastes and Other Substances Clause in Contracts

NORM, Wastes and Other Substances. Buyer acknowledges that the Conveyed Interests have been used for exploration, development, and production of oil and gas and that there may be petroleum, produced water, wastes, or other substances or materials located in, on or under the Conveyed Interests or associated with the Conveyed Interests. Equipment and sites included in the Conveyed Interests may contain asbestos, NORM or other Hazardous Substances. NORM may affix or attach itself to the inside of xxxxx, materials, and equipment as scale, or in other forms. The xxxxx, materials, and equipment located on the Conveyed Interests or included in the Conveyed Interests may contain NORM and other wastes or Hazardous Substances. NORM containing material and/or other wastes or Hazardous Substances may have come in contact with various environmental media, including water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation, or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Conveyed Interests. This Section shall not limit Buyer’s remedies under the other terms of this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Exco Resources Inc)

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NORM, Wastes and Other Substances. Buyer Mitsui acknowledges that the Conveyed Interests have been used for exploration, development, development and production of oil and gas and that there may be petroleum, produced water, wastes, wastes or other substances or materials located in, on or under the Conveyed Interests or associated with the Conveyed Interests. Equipment and sites included in the Conveyed Interests may contain asbestos, NORM or other Hazardous Substances. NORM may affix or attach itself to the inside of xxxxx, materials, materials and equipment as scale, or in other forms. The xxxxx, materials, materials and equipment located on the Conveyed Interests or included in the Conveyed Interests may contain NORM and other wastes or Hazardous Substances. NORM containing material and/or or other wastes or Hazardous Substances may have come in contact with various environmental media, including without limitation, water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation, transportation or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Conveyed Interests. This Section shall not limit BuyerMitsui’s remedies under the other terms of this Agreement.

Appears in 2 contracts

Samples: Acquisition and Development Agreement, Acquisition and Development Agreement (SM Energy Co)

NORM, Wastes and Other Substances. Buyer acknowledges that the Conveyed Interests have been used for exploration, development, and production of oil and gas and that there may be petroleum, produced water, wastes, or other substances or materials located in, on or under the Conveyed Interests or associated with the Conveyed Interests. Equipment and sites included in the Conveyed Interests may contain asbestos, NORM or other Hazardous Substances. NORM may affix or attach itself to the inside of xxxxx, materials, and equipment as scale, or in other forms. The xxxxx, materials, and equipment located on the Conveyed Interests or included in the Conveyed Interests may contain NORM and other wastes or Hazardous Substances. NORM containing material and/or other wastes or Hazardous Substances may have come in contact with various environmental media, including water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation, or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Conveyed Interests. This Section Notwithstanding anything herein to the contrary, Buyer shall not limit Buyer’s remedies under be permitted to claim any Environmental Defect on the other terms account of this Agreementthe presence of NORM on the properties underlying the Conveyed Interests, unless such presence of NORM constitutes an Environmental Condition resulting in a violation of Environmental Law.

Appears in 1 contract

Samples: Acquisition Agreement (Swift Energy Co)

NORM, Wastes and Other Substances. Buyer acknowledges that the Conveyed Interests have been used for exploration, development, and production of oil and gas and that there may be petroleum, produced water, wastes, or other substances or materials located in, on or under the Conveyed Interests or associated with the Conveyed Interests. Equipment and sites included in the Conveyed Interests may contain asbestos, NORM or other Hazardous Substances. NORM may affix or attach itself to the inside of xxxxx, materials, and equipment as scale, or in other forms. The xxxxx, materials, and equipment located on the Conveyed Interests or included in the Conveyed Interests may contain NORM and other wastes or Hazardous Substances. NORM containing material and/or other wastes or Hazardous Substances may have come in contact with various environmental media, including water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation, or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Conveyed Interests. This Section shall not limit BuyerXxxxx’s remedies under the other terms of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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NORM, Wastes and Other Substances. Buyer Mitsui acknowledges that the Conveyed Interests have been used for exploration, development, development and production of oil and gas and that there may be petroleum, produced water, wastes, wastes or other substances or materials located in, on or under the Conveyed Interests or associated with the Conveyed Interests. Equipment and sites included in the Conveyed Interests may contain asbestos, NORM or other Hazardous Substances. NORM may affix or attach itself to the inside of xxxxx, materials, materials and equipment as scale, or in other forms. The xxxxx, materials, materials and equipment located on the Conveyed Interests or included in the Conveyed Interests may contain NORM and other wastes or Hazardous Substances. NORM containing material and/or or other wastes or Hazardous Substances may have come in contact with various environmental media, including without limitation, water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation, transportation or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Conveyed Interests. This Section shall not limit BuyerXxxxxx’s remedies under the other terms of this Agreement.

Appears in 1 contract

Samples: Acquisition and Development Agreement

NORM, Wastes and Other Substances. Buyer Purchaser acknowledges that the Conveyed Interests Purchased Assets have been used for exploration, development, development and production of oil and gas and that there may be petroleum, produced water, wastes, wastes or other substances or materials located in, on or under the Conveyed Interests or associated with the Conveyed InterestsPurchased Assets. Equipment and sites included in the Conveyed Interests Purchased Assets may contain asbestos, NORM or other Hazardous Substances. NORM may affix or attach itself to the inside of xxxxx, materials, materials and equipment as scale, or in other forms. The xxxxx, materials, materials and equipment located on the Conveyed Interests Purchased Assets or included in the Conveyed Interests Purchased Assets may contain NORM and other wastes or Hazardous Substances. NORM containing material and/or or other wastes or Hazardous Substances may have come in contact with various environmental media, including without limitation, water, soils or sediment. Special procedures may be required for the assessment, remediation, removal, transportation, transportation or disposal of environmental media, wastes, asbestos, NORM and other Hazardous Substances from the Conveyed Interests. This Section shall not limit Buyer’s remedies under the other terms of this AgreementPurchased Assets.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Viking Energy Group, Inc.)

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