Common use of Remediation and Removal Clause in Contracts

Remediation and Removal. Licensee shall promptly undertake all remedial and/or removal actions necessary or appropriate to ensure that any Hazardous Substance Release is eliminated and that any violation of any Environmental Law or environmental provision of this Agreement is cured or corrected. Licensee shall remove, at Licensee's sole expense, all Hazardous Substances for which Licensee is liable under this Agreement or under any Environmental Law and shall restore its Operating Area or other affected property or water to its baseline condition as established in the Baseline Audit. In the event that any remediation or removal required by this Agreement cannot reasonably be completed prior to the termination or expiration of this Agreement, Licensee shall not be in default of its remediation obligations so long as Licensee immediately commences all investigation, containment, remediation and removal activities within thirty (30) days (or sooner if required by Environmental Laws) and diligently and continuously pursues such activities until completion.

Appears in 5 contracts

Samples: License Agreement, License Agreement, License and Use Agreement

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