Environment Compliance. (a) The Company and each of its subsidiaries are currently in compliance with all Environmental Laws (as defined below) applicable to its business or the Facilities (as defined below) and has obtained all permits, consents, approvals, authorizations, registrations, certificates and licenses ("Environmental Permits") required under or issued pursuant to Environmental Laws necessary in order to conduct the Company's and its subsidiaries' business as now conducted or to effect the transactions contemplated by the Investment Documents. All such Environmental Permits are in full force and effect, the Company and each of its subsidiaries are in material compliance therewith and neither the Company nor any subsidiary has received any notice of pending or threatened proceedings to revoke, suspend or deny the renewal of any Environmental Permit. (b) No lien has been imposed on or asserted against the Facilities or other property of the Company or any subsidiary under any Environmental Laws by any Governmental Entity (as defined below) arising from or in connection with the presence, use, Release (as defined below), removal, abatement or remediation of Hazardous Materials (as defined below). (c) There is not now nor to the Company's knowledge has there ever been located at any of the Facilities any underground storage tanks, subsurface disposal units, surface impoundments, lagoons, landfills, disposal sites, areas or vessels used or intended for the treatment, storage or disposal of Hazardous Materials. (d) As used in this agreement the following terms shall have the following meanings:
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Sources: Stock Purchase Agreement (Ac Humko Corp), Stock Purchase Agreement (Bionutrics Inc)