Environmental Obligations definition

Environmental Obligations has the meaning specified in Section ------- 3.12. ----

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Environmental Obligations means all present and future Legal Requirements and Permits concerning land use, public health, safety, welfare or the environment, including, without limitation, the Resource Conservation and Recovery Act (42 U.S.C. Section 6901 et seq.), as amended, and the Comprehensive Environmental Response, Compensation, and Liability Act (42 U.S.C. Section 9601 et seq.), as amended.

Environmental Obligations has the meaning specified in Section 10.4.

Examples of Environmental Obligations in a sentence

• Notwithstanding any term or provision contained herein or in the Loan Documents, the Environmental Obligations are unconditional.

• Indemnitors shall be fully and personally liable for the Environmental Obligations hereunder, and such liability shall not be limited to the original principal amount of the Loan.

• Indemnitors agree that they shall each be jointly and severally liable for the performance of the Environmental Obligations and all other obligations of Indemnitors contained in this Indemnity Agreement.

• The Company is conducting and at all times has conducted its business and operations, and has occupied, used and operated the Premises and all other real property and facilities presently or previously owned, occupied, used or operated by the Company, in compliance with all Environmental Obligations and so as not to give rise to Liability under any Environmental Obligations or to any impact on the Company's business or activities.

• The obligations set forth herein, including, without limitation, Indemnitors' obligation to pay Expenses hereunder, are collectively referred to as, the "Environmental Obligations".

More Definitions of Environmental Obligations

Environmental Obligations. As such term is defined in Section 6.7.

Environmental Obligations has the meaning specified in Section 3.12.

Environmental Obligations means any and all Claims (including, whenever used in this definition, Third Party Claims and Government Claims and any further Claims arising from Third Party Claims and Government Claims) , and Warranty Claims relating to Environmental Laws or Remediation; Claims relating to the presence, release, emission or discharge of Hazardous Materials, pollution, contaminants or other regulated substances in or into the air, surface water, ground water, soil, land surface, subsurface strata, soil vapor or otherwise in the Environment or indoor environment, including obligations relating to investigating, testing, sampling, assessing, monitoring and Remediation of such Hazardous Materials, pollution, contaminants or other regulated substances as required by any applicable laws; Claims for cleanup, Remediation, removal, response or other actions or damages, contribution, indemnification, cost recovery, compensation or injunctive relief pursuant to any demand or Claim based on any Environmental Law, in each case whether or not such Claims are associated with Decommissioning Obligations.

Environmental Obligations means the obligations and covenants of Operator, from and after the date this Agreement takes effect, not to undertake, cause, suffer, or permit any condition or activity at, on or in the vicinity of the Property which constitutes a nuisance or which results in a violation of or liability under any environmental Laws;

Environmental Obligations means, except for Plugging and Abandonment, any Losses or obligations arising from the following occurrences, conditions, events and activities on or related to the Assets, regardless of whether resulting from acts or omissions prior to the Effective Time or the Closing Date, or the condition of the Assets at Closing: (i) any condition, environmental pollution or contamination with respect to the air, land, soil, surface, subsurface strata, surface water, ground water, or sediments, (ii) underground injection activities and waste disposal; or (iii) necessary remediation, and the cost of such remediation, or any control, assessment, or compliance with respect to any pollution, contamination or condition which causes an Asset to not be in compliance with an Environmental Law, the Leases or other applicable contractual requirement.

Environmental Obligations means and includes all of the following, regardless of the sole, joint or concurrent negligence, breach of contract, breach of warranty, strict liability, regulatory liability, statutory liability, or other fault or responsibility of any Person:

Environmental Obligations means responsibility and liability for any of the following occurrences, events, conditions, and activities on, related to, or attributable to the condition of the Assets: