SP Facility definition
Examples of SP Facility in a sentence
Within the context of the sale of the DF Manufacturing Business, Schering-Plough desires to sell, transfer and assign to Buyer, and Buyer desires to purchase from Schering-Plough all right, title and interest of Schering-Plough in and to (i) the real property and (ii) assets comprising the SP Facility.
At Closing, Buyer shall assume all environmental obligations and liabilities of Buyer and/or Schering-Plough, whether known or unknown, fixed, contingent or otherwise, related to the SP Facility or the DF Manufacturing Business and arising before, on or after the Closing Date.
Buyer undertakes not to remove the retained samples and stability testing samples located at the SP Facility as long as the Stability Testing Services Agreement is in effect.
Prior to the Closing Date and with the prior consent of Seller (which consent shall not be unreasonably withheld, delayed, or conditioned), Buyer shall be authorized to conduct any environmental testing or study on the SP Facility site where the DF Manufacturing Business is operated so as to complete the Transaction.
Buyer acknowledges that it has conducted a reasonable due diligence investigation, for a transaction of this nature, including without limitation, all examination of the materials provided by Seller and on site examination of the Acquired Assets and DF Manufacturing Business and SP Facility as desired by Buyer.
The aggregate purchase price for the SP Facility shall be an amount equal EUR 762,000 to be paid by Buyer in accordance with the provisions of the Deed of Sale.
At Closing, Schering-Plough and Buyer shall execute a notarial deed of sale (the “Deed of Sale”) substantially in the form attached hereto as Exhibit T, in order for Schering-Plough to sell, transfer, convey and deliver to Buyer, and in order for Buyer to purchase, accept, acquire and assume the full ownership (pleine propriété) of all of Schering-Plough’s right, title and interest in and to all of the real property and assets comprised in the SP Facility.
Buyer acknowledges that it has conducted to its satisfaction, its own independent investigation of the DF Manufacturing Business and the SP Facility and, in making the determination to proceed with the transactions contemplated by this Agreement, Buyer has relied on the results of its own independent investigation and the representations and warranties contained in this Agreement.
Except as set forth in this Section 2.1, purchases of Newsprint in excess of Purchaser’s Annual Tonnage Commitment and/or changes in allotments for each SP Facility will be subject to the mutual agreement of Purchaser and SP.
NPDES No.(Type)PA0112747 SP Facility Name & AddressMahaffey Borough Municipal AuthorityCounty &MunicipalityClearfield County Mahaffey BoroughStream Name (Watershed #)West Branch Susquehanna River 8BNOTICES 6161 Southwest Region: Water Management Program Manager, 400 Waterfront Drive, Pittsburgh, PA 15222-4745.