Common use of Satisfactory Environmental Assessment Clause in Contracts

Satisfactory Environmental Assessment. To the extent that any Environmental Assessment or additional testing conducting pursuant to Section 6.15 hereof reflects the existence of conditions contrary to any representation or warranty in this Agreement, either (i) Sellers shall have completed the remediation of such conditions in accordance with Section 6.15 hereof, or (ii) Buyer shall have provided notice to Sellers of Buyer's election to proceed to Closing with the proration to the Purchase Price specified in Section 6.15 hereof.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Sinclair Broadcast Group Inc), Asset Purchase Agreement (Sinclair Broadcast Group Inc), Asset Purchase Agreement (Entercom Communications Corp)

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Satisfactory Environmental Assessment. To the extent that any the ------------------------------------- Environmental Assessment or additional testing conducting conducted pursuant to Section 6.15 8.5 hereof reflects the existence of conditions contrary to any representation or warranty in this Agreement, either (i) Sellers Seller shall have completed the remediation of such conditions in accordance with Section 6.15 hereof, 8.5 hereof or (ii) Buyer shall have provided notice to Sellers Seller of Buyer's election to proceed to Closing with the proration to the Purchase Price specified in Section 6.15 8.5 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

Satisfactory Environmental Assessment. To the extent that any the Environmental Assessment or additional testing conducting conducted pursuant to Section 6.15 8.5 hereof reflects the existence of conditions contrary to any representation or warranty in this Agreement, either (i) Sellers Seller shall have completed the remediation of such conditions in accordance with Section 6.15 hereof, 8.5 hereof or (ii) Buyer shall have provided notice to Sellers Seller of Buyer's election to proceed to Closing with the proration to the Purchase Price specified in Section 6.15 8.5 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

Satisfactory Environmental Assessment. To the extent that any the Environmental Assessment or additional testing conducting conducted pursuant to Section 6.15 4.6 hereof reflects the existence of conditions contrary to any representation or warranty in this Agreement, either (i) Sellers shall have completed the remediation of such conditions in accordance with Section 6.15 hereof, 5.6 hereof or (ii) Buyer shall have provided notice to Sellers of Buyer's election to proceed to Closing with the proration to the Purchase Price specified in Section 6.15 4.6 hereof.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Beasley Broadcast Group Inc)

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Satisfactory Environmental Assessment. To the extent that any the Environmental Assessment or additional testing conducting conducted pursuant to Section 6.15 9.5 hereof reflects the existence of conditions contrary which could subject the owner of parcels of the Real Property to liability of any representation or warranty in this Agreementkind under any Environmental Law, either (i) Sellers Seller shall have completed the remediation of such conditions in accordance with Section 6.15 hereof, 9.5 hereof or (ii) Buyer shall have provided notice to Sellers Seller of Buyer's election to proceed to Closing with the proration to the Purchase Price specified in Section 6.15 9.5 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

Satisfactory Environmental Assessment. To the extent that any the Environmental Assessment or additional testing conducting conducted pursuant to Section 6.15 9.6 hereof reflects the existence of conditions contrary to any representation or warranty in this Agreement, either (i) Sellers Seller shall have completed the remediation of such conditions in accordance with Section 6.15 hereof, 9.6 hereof or (ii) Buyer shall have provided notice to Sellers Seller of Buyer's election to proceed to Closing with the proration to the Purchase Price specified in Section 6.15 9.6 hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Beasley Broadcast Group Inc)

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