Common use of Physical Properties Clause in Contracts

Physical Properties. The Covol Parties represent and warrant that (i) the proprietary binder sold to PSF shall not be a hazardous material under, and delivery shall comply with, applicable environmental laws and regulations; and (ii) subject to the selection of suitable feedstock, application of the Coal Fuel Technology in the Facility will result in a chemical change similar in all material respects to the chemical change described in the IRS letter ruling received by the Covol Parties, dated September 8, 1995.

Appears in 3 contracts

Samples: License and Binder Purchase Agreement (Covol Technologies Inc), License and Binder Purchase Agreement (Covol Technologies Inc), License and Binder Purchase Agreement (Covol Technologies Inc)

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Physical Properties. The Covol Parties represent and warrant that (i) the proprietary binder sold to PSF BSF shall not be a hazardous material under, and delivery shall comply with, applicable environmental laws and regulations; and (ii) subject to the selection of suitable feedstock, application of the Coal Fuel Technology in the Facility will result in a chemical change similar in all material respects to the chemical change described in the IRS letter ruling received by the Covol Parties, dated September 8, 1995.

Appears in 1 contract

Samples: License and Binder Purchase Agreement (Covol Technologies Inc)

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