SMR Properties definition
Examples of SMR Properties in a sentence
The SMR Properties constitute all interests in real property currently used or currently held for use in connection with the Business and which are necessary for the continued operation of the Business as currently conducted.
The Purchaser and its representatives and agents have had and exercised, prior to the date hereof, the right to enter upon the SMR Properties and to make all inspections and investigations of the Business deemed necessary or desirable by the Purchaser.
None of the SMR Companies is conducting, or has undertaken or completed, any investigation or remedial action relating to any release or threatened release of solid, liquid or gaseous materials from manufacturing operations at any of the SMR Properties or at any other site, location or operation, either voluntarily or pursuant to the Order of any Governmental Body or the requirements of any Environmental Law or environmental permit.