Common use of NORM Clause in Contracts

NORM. Without affecting Seller's representations and warranties or the provisions of Section 7.3, Buyer acknowledges that some or all of the Operating Assets may contain naturally occurring radioactive materials ("NORM"), and that NORM is an anticipated hazard in oil and gas production operations. Certain of the Operating Assets, including without limitation, pipe and equipment may have deposits that contain NORM. Buyer agrees that it shall cause the Partnership to properly handle and dispose of all materials containing NORM in a safe manner in accordance with all applicable laws and regulations, at their sole risk, liability and expense.

Appears in 4 contracts

Samples: Purchase Agreement (Tesoro Petroleum Corp /New/), Purchase Agreement (Tesoro Petroleum Corp /New/), Purchase Agreement (Tesoro Petroleum Corp /New/)

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NORM. Without affecting Seller's representations and warranties or ---- the provisions of Section 7.3, Buyer acknowledges that some or all of the Operating Assets may contain naturally occurring radioactive materials ("NORM"), and that NORM is an anticipated hazard in oil and gas production operations. Certain of the Operating Assets, including without limitation, pipe and equipment may have deposits that contain NORM. Buyer agrees that it shall cause the Partnership to properly handle and dispose of all materials containing NORM in a safe manner in accordance with all applicable laws and regulations, at their sole risk, liability and expense.

Appears in 3 contracts

Samples: Purchase Agreement (Eex Corp), Purchase Agreement (Eex Corp), Purchase Agreement (Eex Corp)

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NORM. Without affecting Seller's representations and warranties or the ---- provisions of Section 7.3, Buyer acknowledges that some or all of the Operating Assets may contain naturally occurring radioactive materials ("NORM"), and that NORM is an anticipated hazard in oil and gas production operations. Certain of the Operating Assets, including without limitation, pipe and equipment may have deposits that contain NORM. Buyer agrees that it shall cause the Partnership to properly handle and dispose of all materials containing NORM in a safe manner in accordance with all applicable laws and regulations, at their sole risk, liability and expense.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eex Corp)

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