Common Contracts
2 similar Assignment and Assumption Agreement contracts
STATE OF CALIFORNIA ENVIRONMENTAL PROTECTION AGENCYAssignment and Assumption Agreement • October 29th, 2020 • California
The California Land Reuse and Revitalization Act of 2004 (CLRRA) was enacted by Assembly Bill No. 389, Montanez, on September 23, 2004, and extended and amended by Senate Bill 143, Cedillo, on October 11, 2009. 1 CLRRA provides for an eligible bona fide purchaser (BFP), innocent landowner (ILO), contiguous property owner (CPO) or prospective purchaser in contract to acquire a site (“PP”) to qualify for specified immunities from liability for certain response costs or damage claims under applicable State of California (State) statutes. Under CLRRA, those seeking the immunities provided by the Act are required to enter into an agreement with the Department of Toxic Substances Control (DTSC). By entering into an Agreement, [Insert name of Party entering into CLRRA], meets the CLRRA requirements to enter into such an agreement. CLRRA is a voluntary option afforded to those who qualify and does not alter existing State law regarding liability for releases or discharges of hazardous substanc
STATE OF CALIFORNIA ENVIRONMENTAL PROTECTION AGENCYAssignment and Assumption Agreement • August 20th, 2020 • California
The California Land Reuse and Revitalization Act of 2004 (CLRRA) was enacted by Assembly Bill No. 389, Montanez, on September 23, 2004, and extended and amended by Senate Bill 143, Cedillo, on October 11, 2009.1 CLRRA provides for an eligible bona fide purchaser (BFP), innocent landowner (ILO), contiguous property owner (CPO) or prospective purchaser in contract to acquire a site (“PP”) to qualify for specified immunities from liability for certain response costs or damage claims under applicable State of California (State) statutes. Under CLRRA, those seeking the immunities provided by the Act are required to enter into an agreement with the Department of Toxic Substances Control (DTSC). By entering into an Agreement, [Insert name of Party entering into CLRRA], meets the CLRRA requirements to enter into such an agreement. CLRRA is a voluntary option afforded to those who qualify and does not alter existing State law regarding liability for releases or discharges of hazardous substance
