Common use of Reopening Clause in Contracts

Reopening. The signatories acknowledge that in the event that the activity and use limitations provided below fail to serve their intended purpose—including the prevention of exposure to contamination—could result in the Department reopening its review and regulatory oversight of the contaminant condition on the property as provided under the terms of this covenant, IC chapter 455I, and applicable Department administrative rules.

Appears in 3 contracts

Samples: Environmental Covenant, Environmental Covenant, Environmental Covenant

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Reopening. The signatories acknowledge that in the event that failure of the activity and use limitations provided below fail to serve their intended purpose—purpose including the prevention of contamination exposure to contamination—could result in the Department reopening its review and regulatory oversight regulation of the contaminant condition on the property as provided under the terms of this covenant, IC chapter chapters 455B and 455I, and applicable Department administrative rules.

Appears in 2 contracts

Samples: Environmental Covenant, Environmental Covenant

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