Material Environmental Permits definition

Material Environmental Permits has the meaning ascribed to such term in Section 3.12(e).
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Material Environmental Permits means all Permits required under Environmental Law for a Target Company or Company Subsidiary to operate its respective business, except for such Permits the absence of which would not, individually or in the aggregate, reasonably be expected to materially impair the operation of the Business or result in a significant fine.
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Examples of Material Environmental Permits in a sentence

  • The Seller shall use commercially reasonable best efforts, at and as of the Closing, to cause the transfer, reissuance or modification of any Material Permits or Material Environmental Permits to the extent that such is required to cause the Material Permits and Material Environmental Permits to remain in full force and effect in the possession of Reorganized Paragon or any of the Subsidiaries, as the case may be, after the Closing.

  • The Material Environmental Permits have been duly issued to, and maintained and complied with in all material respects by, each Target Company and Company Subsidiary.

  • The Company will maintain in full force and effect all Material Environmental Permits and will be in compliance in all material respects with all other permits, licenses and other authorizations that are required pursuant to Environmental Laws for the occupation of its facilities and the operation of its businesses, without transfer, reissuance or other governmental approval or action.

  • The Company shall reasonably cooperate with the Purchaser in the Purchaser's efforts to transfer or, reissue any Material Permits or Material Environmental Permits.

  • The Material Environmental Permits are all of the Environmental Permits that are necessary under Environmental Laws for the continued conduct of any Hazardous Materials Activity of the Company as such activities are currently being conducted.

  • Schedule 3(i) contains a list of all Material Environmental Permits.

  • The Company has taken all necessary action to maintain all Material Environmental Permits to which it is a party in full force and effect including the submission of timely applications for renewal or reissuance of such Material Environmental Permits.

  • Neither the Purchaser nor any Seller shall be required to incur or be liable for any expenses, costs or obligations in order to transfer, reissue or modify any Material Permits or Material Environmental Permits, except payment of routine affiliation or filing fees.

  • To the Knowledge of Seller, there are no currently existing facts or circumstances that would reasonably be expected to prevent any such Material Environmental Permits from being renewed or reissued under applicable Environmental Laws (as in effect and as interpreted as of the date of this Agreement); provided this representation does not extend to facts or circumstances attributable to or adversely impacted by the operation of the Company after the Closing Date.

  • The Purchaser shall use commercially ---------------- reasonable efforts, at and as of the Closing, to cause the transfer or, reissuance of any Material Permits or Material Environmental Permits to the extent that such is required to cause the Material Permits and Material Environmental Permits (on their present terms and conditions and without modification or enhancement thereof) to remain in full force and effect in the possession of the Purchaser after the Closing.