Common use of Petroleum Storage Systems Clause in Contracts

Petroleum Storage Systems. In the event Company constructs a petroleum storage system, Company will pay for all costs of construction, maintenance, repair, and upkeep, all taxes, and all use and occupational permits or licenses required by Federal, State, and local regulations, statutes, codes, or ordinances associated with a petroleum storage system. Company will construct the petroleum storage system in such a manner as will meet all Federal, State, or local requirements, including, but not limited to, the regulations of the FDEP as stated in Chapters 62-761 and 62-762, FAC, the requirements of the Federal Oil Pollution Prevention regulation found in Title 40 of the Code of Federal Regulations Part 112 (40 CFR Part 112), as well as the requirements of the EPC as may be amended or replaced. Upon termination or expiration of this Agreement as provided herein, Company will remove any and all petroleum storage systems and oil-water separators and restore the Premises to condition prior to installation or as approved by the Authority.

Petroleum Storage Systems. SAMPLE In the event Company constructs a petroleum storage system, Company will pay for all costs of construction, maintenance, repair, and upkeep, all taxes, and all use and occupational permits or licenses required by Federal, State, and local regulations, statutes, codes, or ordinances associated with a petroleum storage system. Company will construct the petroleum storage system in such a manner as will meet all Federal, State, or local requirements, including, but not limited to, the regulations of the FDEP as stated in Chapters 62-761 and 62-762, FAC, the requirements of the Federal Oil Pollution Prevention regulation found in Title 40 of the Code of Federal Regulations Part 112 (40 CFR Part 112), as well as the requirements of the EPC as may be amended or replaced. Upon termination or expiration of this Agreement as provided herein, Company will remove any and all petroleum storage systems and oil-water separators and restore the Premises to condition prior to installation or as approved by the Authority.