Environmental Compliance and Procedures Sample Clauses

Environmental Compliance and Procedures. Except as otherwise provided in the ASA, the Buyer and Seller shall each be responsible for (a) complying with all Environmental Laws applicable to the Purchased Assets and the Excluded Assets, respectively, (b) obtaining and maintaining in force all applicable and required permits and approvals under such Environmental Laws and regulations applicable to the Purchased Assets and the Excluded Assets, respectively, and (c) making all required reports and notifications applicable to the Purchased Assets and the Excluded Assets, respectively, required by those laws and regulations. Each Party shall notify the other first verbally and then in writing, of any Release of Hazardous Substances (as defined in the ASA) or any type of remediation activities, relating to the Purchased Assets and/or the Excluded Assets, within 24 hours of occurrence, and shall promptly furnish to the other Party copies of any reports filed with any governmental agencies relating to such releases or remediation. Buyer shall not knowingly take any actions which might reasonably be expected to have a material adverse environmental impact upon the operations of the T&D System without prior written notification and agreement from Seller. Seller shall not knowingly take any actions which might reasonably be expected to have a material adverse environmental impact upon the operations of the Purchased Assets without prior written notification and agreement from Buyer. Compliance with Laws
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Environmental Compliance and Procedures. 11. Each Party shall notify the other Party, verbally, immediately upon discovery of any Release of any hazardous substance by it on the property or facilities of the other Party, or which may migrate to, or adversely impact the property, facilities or operations of, the other Party, and shall promptly furnish to the other Party copies of any reports filed with any governmental agencies addressing such events. Such verbal notification shall be followed by written notification within twenty-four (24) hours. The Party responsible for the Release of any hazardous substance on the property or facilities of the other Party, or which may migrate to, or adversely impact the property, facilities or operations of, the other Party shall be responsible for the reasonable cost of performing any and all remediation or abatement activity and submitting all reports or filings required by environmental laws. Advance written notification (except in emergency situations, in which verbal, followed by written notification, shall be provided as soon as practicable) shall be provided by any Party performing any remediation or abatement activity on the property or facilities of the other Party, or which may adversely impact the property, facilities, or operations of, the other Party. Except in emergency situations, such remediation or abatement activity shall be performed only with the consent of the Party owning the affected property or facilities. The Parties agree to coordinate, to the extent necessary, the preparation of site plans, reports or filings required by law or regulation, including but not limited to Spill Prevention, Control and Countermeasures (SPCC) and Stormwater Pollution Prevention Plans (SWPP) required by any regulatory agency of competent jurisdiction.
Environmental Compliance and Procedures. 3.15.1 Except as otherwise provided in the ASA, the Buyer and Seller shall each be responsible for (a) complying with all Environmental Laws applicable to the Purchased Assets and the Excluded Assets, respectively, (b) obtaining and maintaining in force all applicable and required permits and approvals under such Environmental Laws and regulations applicable to the Purchased Assets and the Excluded Assets, respectively, and (c) making all required reports and notifications applicable to the Purchased Assets and the Excluded Assets, respectively, required by those laws and regulations.
Environmental Compliance and Procedures. 3.19.1 Each Party shall be responsible for complying with all Environmental Laws applicable to it with respect to its facilities or property.
Environmental Compliance and Procedures. The Parties shall comply with (a) all applicable Environmental Laws in meeting all their obligations under this Agreement; and (b) all local notification and response procedures required for all applicable environmental and safety matters which affect the ability of the Parties to meet their respective obligations under this Agreement.
Environmental Compliance and Procedures. During the term of this Agreement, each Party shall notify the other Party first orally and then in writing of any releases of Hazardous Substances, asbestos or lead abatement, or requirements for or commencement of Remediation activities within 24 hours of discovery or initiation or sooner when necessary to permit the other Party to comply with applicable laws or regulations. Except as required by law or any federal or state agency, neither Party shall knowingly take any action referred to in the next preceding sentence which might reasonably be expected to have an adverse effect upon the operations of the Acquired Assets or T&D Assets, as the case may be, of the other Party hereunder without prior written notification and agreement between the Parties. Neither Party shall require the other to modify any physical structures, including containment systems, unless required by law. The Parties agree to coordinate with each other concerning any site regulatory required plans. Each Party shall promptly remove any oil or jet fuel remaining from any tank whose use is discontinued, except that Seller shall have no obligation to remove oil from transformers that are temporarily removed from service. Buyer shall operate, maintain and inspect the cathodic protection systems installed to protect underground tanks from corrosion and shall permit Seller to review records pertaining to those systems. Each Party shall comply in all respects with all Environmental Laws and obtain and maintain all Permits required under all applicable Environmental Laws with respect to the properties that it owns. To the extent necessary, the Parties shall cooperate in all compliance and filings under Environmental Laws. Each Party shall indemnify, hold harmless and defend the other Party, its parent and Affiliates and their respective officers, directors, trustees, employees, contractors, subcontractors and agents, from and against any claims or liability for damage to property, injury to or death of any person or any other liability, including all expenses and reasonable attorney's fees incurred by such Indemnified Party, to the extent caused by any act or omission of the Indemnifying Party, its parent and Affiliates and their respective officers, directors, trustees, employees, contractors, subcontractors or agents that violates the Indemnifying Party's undertakings under this Section 3.19. The indemnification procedures set forth in Section 10.2 shall also be applicable to this Section...
Environmental Compliance and Procedures. 3.15.1 On and after the Closing Date, the Producer and the Company shall each be responsible for (a) complying with all Environmental Laws applicable to the Producer's Generating Facilities and the Company Facilities, respectively. (b) obligating and maintaining in force all applicable and required permits and approvals under such Environmental Laws applicable to the Producer's Generating Facilities and the Company Facilities, respectively, and (c) making all required reports and notifications applicable to the Producer's Generating Facilities and the Company Facilities, respectively, required by those laws and regulations.
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Environmental Compliance and Procedures. 20 4.0 Operations......................................................... 20 4.1 General..................................................... 20 4.2 Generating Station Owners' Operating Obligations............ 21 4.3 Auditing of Accounts, Records and Operational Records....... 23
Environmental Compliance and Procedures. 3.16.1 Each Party shall notify the other Party first verbally and then in writing, of any Release of Hazardous Substances and any type of remediation activities that could adversely affect the other Party's facilities or property or the employees of such other Party or such other Party's contractors, as soon as possible but no later than twenty-four (24) hours of occurrence, and shall promptly furnish to the other Party copies of any reports filed with any governmental agencies covering such events.
Environmental Compliance and Procedures. The Parties shall comply with (a) all applicable Environmental Laws in meeting all their obligations under this Agreement; and (b) all local First Amended and Restated Interconnection Agreement between El Paso Electric Company and Public Service Company of New Mexico 17 notification and response procedures required for all applicable environmental and safety matters which affect the ability of the Parties to meet their respective obligations under this Agreement.
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