Common use of Use of Property and Facilities; Environmental Laws Clause in Contracts

Use of Property and Facilities; Environmental Laws. The Borrower and its Subsidiaries shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower or any Subsidiary of the Borrower, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 8 contracts

Samples: Year Revolving Credit Agreement (Transocean Inc), Day Revolving Credit Agreement (Transocean Inc), Assignment Agreement (Noble Corp)

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Use of Property and Facilities; Environmental Laws. The -------------------------------------------------- Borrower and its Subsidiaries shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower or any Subsidiary of the Borrower, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Transocean Sedco Forex Inc), Revolving Credit Agreement (Transocean Inc), 364 Day Credit Agreement (Transocean Sedco Forex Inc)

Use of Property and Facilities; Environmental Laws. The Borrower shall and shall cause each of its Subsidiaries shall to, comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower or any Subsidiary of the Borrowerits Subsidiaries, where the failure to comply could is reasonably be expected likely to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit and Note Purchase Agreement (Todco), Note Agreement (R&b Falcon Corp), Note Agreement (Transocean Sedco Forex Inc)

Use of Property and Facilities; Environmental Laws. The Borrower and its Subsidiaries shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower or any Subsidiary of the Borrower, where the failure to comply could is reasonably be expected likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Secured Credit Agreement (Transocean Offshore Inc), Secured Loan Agreement (Transocean Sedco Forex Inc)

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Use of Property and Facilities; Environmental Laws. The Borrower and its Subsidiaries shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower or any Subsidiary of the Borrower, except where the failure to comply could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Transocean Inc)

Use of Property and Facilities; Environmental Laws. The ------------------------------------------------------ Borrower and its Subsidiaries shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower or any Subsidiary of the Borrower, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Transocean Inc)

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