Common use of Seller’s Right to Remediate Clause in Contracts

Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt (at Seller’s (and not the Company’s) sole cost) to Remediate any alleged Environmental Defect at any time before Closing. Seller will be deemed to have adequately completed the Remediation upon receipt of a certificate or approval from the applicable Governmental Authority that the Remediation has been implemented to the extent necessary to comply with existing Laws or Buyer’s approval of the Remediation (which may be granted or withheld in Buyer’s sole discretion).

Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt (at Seller’s (and not the Company’sCompany Entities’) sole cost) to Remediate any alleged Environmental Defect at any time before Closing. Seller will be deemed to have adequately completed the Remediation upon receipt of a certificate or approval from the applicable Governmental Authority that the Remediation has been implemented to the extent necessary to comply with existing Laws or Buyer’s approval of the Remediation (which may be granted or withheld in Buyer’s sole discretion).

Seller’s Right to Remediate. Seller shall have the right, but not the obligation, to attempt (at Seller’s their (and not the Company’s) sole cost) to Remediate any alleged Environmental Defect at any time before Closing. Seller will be deemed to have adequately completed the Remediation upon receipt of a certificate or approval from the applicable Governmental Authority that the Remediation has been implemented to the extent necessary to comply with existing Laws or Buyer’s approval of the Remediation (which may be granted or withheld in Buyer’s sole discretion).