Common use of Seller's Retained Environmental Liabilities Clause in Contracts

Seller's Retained Environmental Liabilities. Seller shall retain and be solely responsible for the following matters (collectively, “Retained Environmental Liabilities”): Environmental Liabilities in connection with Off-Site Disposal Activities performed by Seller prior to the Closing Date.

Appears in 2 contracts

Samples: Terminals Sale and Purchase Agreement (Sunoco Logistics Partners Lp), Terminal Sale and Purchase Agreement (Sunoco Logistics Partners Lp)

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Seller's Retained Environmental Liabilities. Seller shall retain and be solely responsible for the following matters (collectively, "Retained Environmental Liabilities”): ): (a) Environmental Liabilities in connection with Off-Site Disposal Activities performed by Seller prior to the Closing Date; and (b) Any criminal fines, criminal penalties or criminal judgments relating to any Environmental Conditions existing prior to the Closing.

Appears in 2 contracts

Samples: Terminals Sale and Purchase Agreement, Terminals Sale and Purchase Agreement (Global Partners Lp)

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Seller's Retained Environmental Liabilities. Seller shall retain and be solely responsible for the following matters (collectively, “Retained Environmental Liabilities”): Environmental Liabilities in connection with Off-Site Disposal Activities performed by Seller prior to the Closing Date.. -26- TERMINAL SALE AND PURCHASE AGREEMENT (ARCADIA) EXECUTION VERSION

Appears in 1 contract

Samples: Terminal Sale and Purchase Agreement (Sunoco Logistics Partners Lp)

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