CERCLIS Clause Samples

CERCLIS the Comprehensive Environmental Response Compensation and Liability Information System maintained by the U.S. Environmental Protection Agency.

CERCLIS the Comprehensive Environmental Response, Compensation and Liability Information System maintained by the U.S. Environmental Protection Agency. CFC: a Person that is a controlled foreign corporation under Section 957 of the Code.

CERCLIS. CERCLIS" shall mean the comprehensive environmental responsive, compensation and liability information system, 42 USC ss. 9619(a).

CERCLIS the Comprehensive Environmental Response Compensation and Liability Information System maintained by the U.S. Environmental Protection Agency. Change in Law: the occurrence, after the date hereof, of (a) the adoption, taking effect or phasing in of any law, rule, regulation or treaty; (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof; or (c) the making, issuance or application of any request, guideline, requirement or directive (whether or not having the force of law) by any Governmental Authority; provided, however, that “Change in Law” shall include, regardless of the date enacted, adopted or issued, all requests, guidelines, regulations, rules, requirements or directives (i) under or relating to the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act, or (ii) promulgated pursuant to Basel III by the Bank of International Settlements, the Basel Committee on Banking Supervision (or any similar authority) or any other Governmental Authority. Change of Control: any event or series of events by which: (a) except as may be permitted under Section 10.2.4 or Section 10.2.5, as applicable, the transfer (in one transaction or a series of transactions) of all or substantially all of the assets of (i) the U.S. Borrower, (ii) the Canadian Borrower or (iii) the U.S. Borrower and its Subsidiaries (taken as a whole), in any such case, to any “person” or “group” (as such terms are used in Sections 13(d)(3) and 14(d) of the Securities Exchange Act of 1934); (b) except as may be permitted under Section 10.2.4, the liquidation or dissolution of either the U.S. Borrower or the Canadian Borrower or the adoption of a plan by the stockholders of either the U.S. Borrower or the Canadian Borrower relating to the dissolution or liquidation of either the U.S. Borrower or the Canadian Borrower; (c) the acquisition by any “person” or “group” (as such terms are used in Sections 13(d)(3) and 14(d) of the Securities Exchange Act of 1934), except for one or more Permitted Holders, of beneficial ownership, directly or indirectly of fifty percent (50%) or more of the voting power of the total outstanding voting stock of the U.S. Borrower; (d) during any period of two (2) consecutive years, individuals who at the beginning of such period constituted the board of directors of the U.S. Borrower (together with any new directors who have been appointed by any Permitted Holder, or whose nomination for election by the stoc...