Examples of Environmental Indemnification Claim in a sentence
As long as Alliant owns or operates a HAC Facility, Alliant shall properly maintain any Institutional Controls or Engineering Controls installed or employed at a HAC Facility in connection with any Remedial Action undertaken by Alliant, subject or potentially subject to an Environmental Indemnification Claim under this Environmental Agreement.
On the second anniversary of the Closing Date (the “Environmental Indemnity Escrow Termination Date”), the Escrow Agent shall deliver the Environmental Indemnity Shares, less any of such shares applied in satisfaction of an Environmental Indemnification Claim and any of such shares related to an Environmental Indemnification Claim that is then unresolved, to each recipient in the same proportions as initially deposited in escrow.
Notwithstanding the foregoing, the Deductible shall not apply to Losses that arise out of (i) a breach of the representations and warranties in Section 1.13(c)(iv) or Section 2.3, or (ii) an Environmental Indemnification Claim, each of which shall be indemnifiable as to all Losses that so arise from the first dollar thereof.
City has caused this Agreement to be executed by its Chief Administrative Officer, and Xxxxxx has caused the same to be executed by its appropriate and authorized officers.
In no event shall any Response Action conducted by the Seller with respect to an Environmental Indemnification Claim exceed the activities reasonably required to address the Environmental Indemnification Claim in accordance with, and to the extent required by, Environmental Law.
As used herein, “Basic Indemnification Claim” means an Indemnification Claim other than a Tax Indemnification Claim or an Environmental Indemnification Claim.
The Buyer shall promptly notify the Seller in writing of the existence of any potential Environmental Indemnification Claim (which notice shall comport with Section 10.5 hereof if applicable).
The Seller will reimburse the Buyer or its Affiliates for Losses for the costs of defending against such Environmental Indemnification Claim, including reasonable attorneys’ fees and expenses, and any other Losses the Buyer or its Affiliates have incurred relating to or arising out of the Environmental Indemnification Claim to the extent provided in this Article X.
Any Remedial Action, or any part thereof, subject or potentially subject to an Environmental Indemnification Claim under this Environmental Agreement, shall be performed in a workmanlike manner, consistent with all applicable professional standards and in a cost effective manner not exceeding industry cost standards for comparable work.
The failure of an Indemnified Party to notify the Indemnifying Party of a Third Party Claim, Environmental Indemnification Claim or any claim for indemnification for a breach of the representations and warranties in Section 4.16 or pursuant to Section 11.1(a)(3) or 11.1(a)(4) within the Claim Period shall not relieve the Indemnifying Party of any liability that the Indemnifying Party may have with respect to such claim except to the extent the Indemnifying Party is actually prejudiced by such failure.