Common use of Regulated Substances Clause in Contracts

Regulated Substances. Borrower will comply with all laws respecting Regulated Substances and shall not incur any penalties with regards to such Regulated Substances in an amount not to exceed $100,000 of remedial cost, which penalty has not been dismissed or paid within 30 days.

Appears in 2 contracts

Samples: Loan Agreement (Kior Inc), Loan and Security Agreement (Kior Inc)

AutoNDA by SimpleDocs

Regulated Substances. Borrower will comply with all laws respecting Regulated Substances and shall not incur any penalties with regards to such Regulated Substances in an amount not to exceed $100,000 200,000 of remedial cost, which penalty has not been dismissed or paid within 30 days.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kior Inc), Loan and Security Agreement (Kior Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!