Common use of Review of Environmental Laws Clause in Contracts

Review of Environmental Laws. In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Placement Agreement (First Community Bank Corp of America), Placement Agreement (First Community Bank Corp of America), First Community Bank Corp of America

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Review of Environmental Laws. In the ordinary course of its business, the Company conducts a periodic review of the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it identifies and evaluates associated costs and liabilities (including including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in have a Material Adverse Effect.

Appears in 3 contracts

Samples: Purchase Agreement (Parker Drilling Co /De/), Purchase Agreement (Parker Drilling Co /De/), Purchase Agreement (Parker Drilling Co /De/)

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Review of Environmental Laws. In the ordinary course of its business, the Company conducts a periodic review of periodically reviews the effect of Environmental Laws on the business, operations and properties of the Company and its subsidiaries, in the course of which it and periodically identifies and evaluates associated costs and liabilities (including including, without limitation, any capital or operating expenditures required for clean-up, closure of properties or compliance with Environmental Laws or any permit, license or approval, any related constraints on operating activities and any potential liabilities to third parties). On the basis of such review reviews and the amount of its established reserves, the Company has reasonably concluded that such associated costs and liabilities would not, individually or in the aggregate, result in a Material Adverse EffectChange.

Appears in 1 contract

Samples: Placement Agreement (Hersha Hospitality Trust)

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