Common use of Response Actions Clause in Contracts

Response Actions. The Company covenants and agrees that if any release or disposal of Hazardous Materials shall occur or shall have occurred on the Property, the Company will cause the prompt containment and removal of such Hazardous Materials and remediation of the Property as necessary to comply in all material respects with all Environmental Laws or to preserve in all material respects the value of the Property.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Nuvox Inc /De/), Securities Purchase Agreement (Gabriel Communications Inc /De/), Securities Purchase Agreement (Gabriel Communications Inc /De/)

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Response Actions. The Company covenants and agrees that if any release or disposal of Hazardous Materials shall occur or shall have occurred on the its Property, the Company will cause the prompt containment and removal of such Hazardous Materials and remediation of the Property as necessary to comply in all material respects with all Environmental Laws or to preserve in all material respects the value of the Property.

Appears in 1 contract

Samples: Securities Purchase Agreement (Nuvox Inc /De/)

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Response Actions. The Company covenants and agrees that if any release Release or disposal of Hazardous Materials Substances shall occur or shall have occurred on the Property, the Company will cause the prompt containment and removal of such Hazardous Materials Substances and remediation of the Property as necessary to comply in all material respects with all Environmental Laws or to preserve in all material respects the value of the PropertyLaws.

Appears in 1 contract

Samples: And Term Loan Agreement (Teradyne Inc)

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