Examples of AOC in a sentence
Except as provided in Section 2.9, Grantor will not be construed to have any obligation to the Town to undertake any activities to enable the Town’s Permitted Uses within the Grantor Property as it relates to the AOC, Restrictive Notice, or other Agencies Requirements.
Pursuant to the terms of the Settlement Agreement, the Town has previously reviewed and conducted due diligence to its satisfaction with respect to the physical and environmental condition of the Grantor Property, suitability of the Grantor Property for the Town’s intended use, Title Matters, and also with respect to the AOC, Comfort/Status Letter, and Agencies Requirements.
The Town will not be construed to have any obligation to Grantor to undertake any activities to enable the Reserved Uses within the Grantor Property as it relates to compliance with the AOC, Restrictive Notice, or other Agencies Requirements.
Nothing in the foregoing will be interpreted to release any such claims or causes of action to the extent Battle North introduces Hazardous Materials to Parcel 11 on or after the Effective Date or Hazardous Materials are exacerbated by Battle North’s negligence or intentional misconduct, or arise out of Battle North’s failure to comply with the Restrictive Notice, the AOC (after any Closing), or Environmental Law with respect to Parcel 11.
Upon demand in writing by the Contractor, the AOC shall, within one year from such demand, reassign the cause of action assigned under this part if the Contractor has been or may have been injured by the violation of law for which the cause of action arose and (a) the AOC has not been injured thereby, or (b) the AOC declines to file a court action for the cause of action.