Common use of Periodic Review of Costs of Environmental Compliance Clause in Contracts

Periodic Review of Costs of Environmental Compliance. In the ordinary course of its business, the Transaction Entities conduct a periodic review of the effect of Environmental Laws on the business, operations and properties of the Transaction Entities and their subsidiaries, in the course of which they identify and evaluate associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Transaction Entities have reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, have a Material Adverse Effect.

Periodic Review of Costs of Environmental Compliance. In the ordinary course of its business, the Transaction Entities conduct Partnership conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Transaction Entities Partnership and their its subsidiaries, in the course of which they identify it identifies and evaluate evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Transaction Entities have Partnership has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, have result in a Material Adverse EffectChange.

Periodic Review of Costs of Environmental Compliance. In the ordinary course of its their business, the Transaction Entities conduct a periodic review of the effect of Environmental Laws on the business, operations and properties of the Transaction Entities and their subsidiaries, in the course of which they identify and evaluate associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its their established reserves, the Transaction Entities have reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, have a Material Adverse Effect, except as otherwise disclosed in the General Disclosure Package and the Prospectus.

Periodic Review of Costs of Environmental Compliance. In the ordinary course of its business, the Transaction Entities conduct Partnership conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Transaction Entities and their subsidiariesDelek Parties, in the course of which they identify it identifies and evaluate evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third partiesparties under Environmental Laws). On the basis of such review and the amount of its established reserves, the Transaction Entities have Partnership has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, have result in a Material Adverse EffectChange, except as otherwise disclosed in the Offering Memorandum.

Periodic Review of Costs of Environmental Compliance. In the ordinary course of its business, the Transaction Entities conduct a periodic review of the effect of Environmental Laws on the business, operations and properties of the Transaction Entities and their subsidiaries, in the course of which they identify it identifies and evaluate evaluates associated costs and liabilities (including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Transaction Entities have reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, have a Material Adverse Effect.