Release Off-Site. In the event of a Release by Seller, the Contractor or any Subcontractor of a Regulated Material off the Site but related to the Work which is reportable to Governmental Authorities under applicable Environmental Laws, Seller shall be responsible for notifying all applicable federal, state and local regulatory agencies in accordance with Applicable Law or for causing such notification to occur by the party responsible for such action. To the extent required, Seller shall take all appropriate steps consistent with the materials management and emergency response procedures referred to above and Applicable Law for immediate containment of any such Release and Remediation of the affected area.
Appears in 4 contracts
Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement
Release Off-Site. In the event of a Release by Seller, the Contractor or any Subcontractor of a Regulated Material off the Site but related to the Work which is reportable to Governmental Authorities under applicable Environmental Laws, Seller shall be responsible for notifying all applicable federal, state and local regulatory agencies in accordance with Applicable Law or for causing such notification to occur by the party responsible for such action. To the extent required, Seller shall take all appropriate steps consistent with the materials management and emergency response procedures referred to above and Applicable Law for immediate containment of any such Release and Remediation of the affected area.
Appears in 1 contract
Samples: Asset Purchase Agreement
