Common use of Release of Hazardous Substances Clause in Contracts

Release of Hazardous Substances. Lessee shall give prompt notice to Lessor of any release of Hazardous Substances on, at or from the Leased Premises that occur during the Term. Lessee shall promptly take all necessary or required steps to contain or remediate (or both) any such release and provide any notifications required by applicable Laws (including Environmental Laws). If Lessor reasonably believes at any time that Lessee is failing to contain or remediate, in compliance with all applicable Laws (including Environmental Laws), any release arising from Lessee’s operations on, at or from the Leased Premises, Lessor may provide written notice to Lessee of such non-compliance and, if Lessee thereafter fails to take appropriate action to remedy or correct such non-compliance within 30 days after receipt of such written notice, Lessor may, without further notice to Lessee, take such actions for Lessee’s account. Within 30 days following the date Lessor delivers to Lessee evidence of payment for any actions taken by Lessor in accordance with this Section 5.4, Lessee shall reimburse Lessor all amounts paid by Lessor on Lessee’s behalf.

Appears in 6 contracts

Samples: Site Lease Agreement (Westlake Chemical Partners LP), Site Lease Agreement (Westlake Chemical Partners LP), Site Lease Agreement (Westlake Chemical Partners LP)

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