Common use of Action under Environmental Laws Clause in Contracts

Action under Environmental Laws. Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties to a condition in compliance with applicable Environmental Laws.

Appears in 6 contracts

Samples: Loan Agreement (Exagen Diagnostics Inc), Loan and Security Agreement (Tandem Diabetes Care Inc), Loan Agreement (Exagen Diagnostics Inc)

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Action under Environmental Laws. The Borrower shall, and shall cause each of its Material Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or propertiesthe Premises, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties the Premises to a condition in compliance with applicable Environmental Laws.

Appears in 3 contracts

Samples: Credit Agreement (Cadence Design Systems Inc), Day Credit Agreement (Cadence Design Systems Inc), Credit Agreement (Cadence Design Systems Inc)

Action under Environmental Laws. Borrower shall, and shall cause each of its Subsidiaries to, upon a Responsible Officer becoming aware of the presence of any Hazardous Materials or the existence of any material environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all commercially reasonable actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties to a condition in compliance with applicable Environmental Laws.

Appears in 2 contracts

Samples: Term Loan Agreement (Raindance Technologies Inc), Term Loan Agreement (Raindance Technologies Inc)

Action under Environmental Laws. Borrower shallwill, and shall will cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or propertiesthe Premises, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties the Premises to a condition in compliance with applicable Environmental Laws.

Appears in 2 contracts

Samples: Credit Agreement (Unified Western Grocers Inc), Credit Agreement (Certified Grocers of California LTD)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence release of any Hazardous Materials or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and to restore their respective businesses, operations or and properties to a condition condition, in each case, in material compliance with applicable Environmental Laws.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (ArcherDX, Inc.), Credit Agreement and Guaranty (ArcherDX, Inc.)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence release of any Hazardous Materials or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all commercially reasonable actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and to restore their respective businesses, operations or and properties to a condition condition, in each case, in material compliance with applicable Environmental Laws.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Zymergen Inc.), Credit Agreement and Guaranty (Zymergen Inc.)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance (in a manner not in material compliance with applicable law) or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or propertiesthe Premises, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties the Premises to a condition in compliance with applicable Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement (Genus Inc)

Action under Environmental Laws. Borrower shallwill, and shall win cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or propertiesthe Premises, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties the Premises to a condition in compliance with applicable Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement (Unified Western Grocers Inc)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence release of any Hazardous Materials or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and to restore their respective businesses, operations or and properties to a condition in compliance with applicable Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement (Thimble Point Acquisition Corp.)

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Action under Environmental Laws. The Borrower shallwill, and shall will cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or propertiesthe Premises, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties the Premises to a condition in compliance with applicable Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement (Watkins Johnson Co)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence release of any Hazardous Materials or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties to a condition in compliance in all material respects with applicable Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Apyx Medical Corp)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence release of any Hazardous Materials or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or properties, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and to restore their respective businesses, operations or and properties to a condition condition, in each case, to the extent required by, and in material compliance with with, the applicable Environmental Laws.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Invitae Corp)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or propertiesthe Premises, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties the Premises to a condition in compliance with applicable Environmental LawsLaws except where the failure to take such action would not result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (California Microwave Inc)

Action under Environmental Laws. The Borrower shall, and shall cause each of its Subsidiaries to, upon becoming aware of the presence of any Hazardous Materials Substance other than Hazardous Substances customarily used in businesses such as Borrower's, which Hazardous Substances are used in strict compliance with all applicable Environmental Laws, or the existence of any environmental liability under applicable Environmental Laws with respect to their respective businesses, operations or propertiesthe Premises, take all actions, at their cost and expense, as shall be necessary or advisable to investigate and clean up the condition of their respective businesses, operations or properties, including all required removal, containment and remedial actions, and restore their respective businesses, operations or properties to a condition in compliance with applicable Environmental Laws.reasonably

Appears in 1 contract

Samples: Credit Agreement (Chalone Wine Group LTD)

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