Examples of NFA Letter in a sentence
If the Company has not received a NFA Letter for each such detected environmental contamination by twenty (20) days prior to the anticipated Closing Date, then Parent and the Company shall jointly request the Environmental Consultant to furnish them with its best estimate of the remaining costs of assessment and remediation that the Company will incur in each case until a NFA letter will be issued.
The Company, Parent and Acquisition Sub hereby agree that in the event no NFA Letter has been received for any such matter by the Closing Date, they shall proceed to Closing and Parent shall deposit with a mutually satisfactory escrow agent (the "Remediation Escrow Agent") from the Initial Merger Consideration the amount so estimated by the Environmental Consultant plus the costs of the escrow (the "Remediation Escrow").
Notwithstanding the foregoing, as more particularly provided for in Section 4.7(b), upon the end of the Lease Term, should Tenant obtain an NFA Letter, Tenant’s indemnity obligations under this subsection shall be modified as more particularly set forth in Section 4.7(b).
Buyer shall pay Seller the forty-eighth and last payment of $75,000 (the "Balloon Payment") within 30 days of Maker's receipt from Holder of a copy of the NFA Letter (the "NFA Letter Notification").
Notwithstanding the foregoing, as more particularly provided for in Section 4.6(b), upon the end of the Lease Term, should Tenant obtain an NFA Letter, Tenant’s indemnity obligations under this subsection shall be modified as more particularly set forth in Section 4.6(b).
Notwithstanding anything to the contrary herein, Maker and Holder agree that the remaining balance of the Total Payment, inclusive of (i) the Original Principal Amount and (ii) the Interest Component shall be immediately due and payable upon NFA Letter Notification without regard to the actual date thereof and such payment shall be paid by Maker to Lender within 10 days of the NFA Letter Notification.
Buyer further assumes all responsibility with respect to the remediation of the site in accordance with the requirements of the Napa NFA Letter.
The Company, Parent and Acquisition Sub hereby agree that in the event no NFA Letter has been received for any such matter by the Closing Date, they shall proceed to Closing and Parent shall deposit with a mutually satisfactory escrow agent (the “Remediation Escrow Agent”) from the Initial Merger Consideration the amount so estimated by the Environmental Consultant plus the costs of the escrow (the “Remediation Escrow”).
Between the date hereof and the Closing Date, the Company, working with the Environmental Consultant, shall diligently pursue required assessment and remediation activities specified or directed by regulatory agencies having jurisdiction or as otherwise required by applicable Environmental Laws with a view to obtaining from such agencies a "no further action" or "spill inactivation" letter or designation ("NFA Letter") with respect to each such detected environmental contamination.