Contingent Release Clause Samples

Contingent Release. So long as GPC has complied with Sections 10.1 and 10.2, respectively, requiring installation of the DH5 Dewatering Building scrubber RTO within eighteen (18) months of the Effective Date (subject to Force Majeure) and the completion of the Additional Pollution Control Projects with a cost of no less than $5 million within five (5) years of the Effective Date (subject to Force Majeure), the Releasing Entities will further release and waive, and covenant not to sue on, all claims, demands, actions, or causes of actions of the types specified in Section 13.4.1 related to air emissions (including odor) arising from the GPC Plant arising after the end of the fifth year following the Effective Date through and including the end of the twelfth year following the Effective Date, except for the claims listed in Section 13.4.2.1 through 13.4.2.4. The interim deadlines set forth in Section 10.2.1 through 10.2.11 are not relevant to the application of the Contingent Release.