Common use of Environmental Compliance Matters Clause in Contracts

Environmental Compliance Matters. (i) The Real Estate constitutes all of the real property used or occupied by ADVI; (ii) the Majority Shareholders have inspected the Real Estate and to their Best Knowledge there are no Hazardous Substances incorporated in or deposited, stored or buried at or upon the Real Estate; (iii) the Real Estate has never been used as a waste disposal site or a storage site for petroleum products or chemicals; (iv) no existing structures on the Real Estate contain asbestos; (v) there are not now any underground storage tanks on the Real Estate; (vi) neither ADVI nor any Majority Shareholder has allowed, with the knowledge or consent of ADVI or such Majority Shareholder, any Person occupying the Real Estate to bring Hazardous Substances onto the Real Estate or to process or store any Hazardous Substances on the Real Estate and, to the Best Knowledge of the Majority Shareholders, no Hazardous Substance has been released into the environment by ADVI that may present an imminent and substantial endangerment to human health; (vii) neither ADVI nor any Majority Shareholder is aware of any complaints on file or matters pending in any federal or state environmental protection offices involving any allegation of Hazardous Substances on the Real Estate; and (viii) neither ADVI nor any Majority Shareholder has received notice from any environmental board, agency or authority requiring the removal of any Hazardous Substances or other alleged harmful materials or wastes, or advising of any pending or contemplated search or investigation of the Real Estate or any portion of the Real Estate with respect the removal of any Hazardous Substances or other alleged harmful materials or wastes.

Appears in 1 contract

Samples: Stock Tender and Exchange Agreement (Sitestar Corp)

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Environmental Compliance Matters. (i) The Real Estate constitutes all of the real property used or occupied by ADVINeocom; (ii) Neocom and the Majority Shareholders have inspected the Real Estate and to their Best Knowledge the knowledge of Neocom and the Majority Shareholders, there are no Hazardous Substances incorporated in or deposited, stored or buried at or upon the Real Estate; (iii) to the Best knowledge of Majority Shareholders the Real Estate has never been used as a waste disposal site or a storage site for petroleum products or chemicals; (iv) to the Best knowledge of Majority Shareholders no existing structures on the Real Estate contain asbestosasbestos so as to present an imminent and substantial endangerment to human health to human health or the environment; (v) there are not now any underground storage tanks on the Real Estate; (vi) neither ADVI nor any Majority Shareholder Neocom has not allowed, with the knowledge or consent of ADVI Neocom or such Majority Shareholderany Seller, any Person occupying the Real Estate to bring Hazardous Substances onto the Real Estate or to process or store any Hazardous Substances on the Real Estate and, to the Best Knowledge knowledge of the Majority Shareholders, no Hazardous Substance has been released into the environment by ADVI Neocom that may present an imminent and substantial endangerment to human health; (vii) neither ADVI Neocom nor any Majority Shareholder is aware of any complaints on file or matters pending in any federal or state environmental protection offices involving any allegation of Hazardous Substances on the Real Estate; and (viii) neither ADVI Neocom nor any Majority Shareholder has received notice from any environmental board, agency or authority requiring the removal of any Hazardous Substances or other alleged harmful materials or wastes, or advising of any pending or contemplated search or investigation of the Real Estate or any portion of the Real Estate with respect the removal of any Hazardous Substances or other alleged harmful materials or wastes.

Appears in 1 contract

Samples: Plan and Agreement of Share Exchange (Sitestar Corp)

Environmental Compliance Matters. (i) The Real Estate constitutes Premises constitute all of the real property used or occupied by ADVIany Seller Party or any of their respective Subsidiaries; (ii) the Majority Shareholders Seller and Khantzis have inspected the Real Estate Premises and have no reason to their Best Knowledge believe that there are no may be Hazardous Substances incorporated in or deposited, stored or buried at or upon the Real EstatePremises; (iii) to the Real Estate has best knowledge of Seller and Khantzis, the Premises have never been used as a waste disposal site or a storage site for petroleum products or chemicals; (iv) to the best knowledge of Seller and Khantzis, no existing structures on the Real Estate Premises contain asbestos; (v) to the best knowledge of Seller and Khantzis, there are not now any underground storage tanks on the Real EstatePremises; (vi) neither ADVI no Seller Party nor any Majority Shareholder Subsidiary of any Seller Party has allowed, with the knowledge or consent of ADVI the Seller Party or such Majority Shareholderthe Subsidiary, any Person occupying the Real Estate Premises to bring Hazardous Substances onto the Real Estate Premises or to process or store any Hazardous Substances on the Real Estate Premises and, to the Best Knowledge best knowledge of the Majority ShareholdersSeller and Khantzis, no Hazardous Substance has been released into the environment by ADVI any Seller Party or any Subsidiary of any Seller Party that may present an imminent and substantial endangerment to human health; (vii) neither ADVI Seller nor any Majority Shareholder Khantzis is aware of any complaints on file or matters pending in any federal or state environmental protection offices involving any allegation of Hazardous Substances on the Real EstatePremises; and (viii) neither ADVI Seller nor any Majority Shareholder Khantzis has received notice from any environmental board, agency or authority requiring the removal of any Hazardous Substances or other alleged harmful materials or wastes, or advising of any pending or contemplated search or investigation of the Real Estate Premises or any portion of the Real Estate Premises with respect the removal of any Hazardous Substances or other alleged harmful materials or wastes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Signature Eyewear Inc)

Environmental Compliance Matters. (i1) The Real Estate constitutes all of the real property used or occupied by ADVI; (ii) the Majority Shareholders have Dynacs has inspected the Dynacs Real Estate Property and has no reason to their Best Knowledge believe that there are no may be Hazardous Substances incorporated in or deposited, stored or buried at or upon the any Dynacs Real EstateProperty; (iii2) to the knowledge of Dynacs, no Dynacs Real Estate Property has never ever been used as a waste disposal site or a storage site for petroleum products or chemicals; (iv3) to the knowledge of Dynacs, no existing structures on the any Dynacs Real Estate Property contain asbestos; (v4) to the knowledge of Dynacs, there are not now any underground storage tanks on the any Dynacs Real EstateProperty; (vi5) neither ADVI Dynacs nor any Majority Shareholder Subsidiary of Dynacs has allowed, with the knowledge or consent of ADVI Dynacs or such Majority Shareholderthe Subsidiary, any Person occupying the any Dynacs Real Estate Property to bring Hazardous Substances onto the any Dynacs Real Estate Property or to process or store any Hazardous Substances on the any Dynacs Real Estate Property and, to the Best Knowledge knowledge of the Majority ShareholdersDynacs, no Hazardous Substance has been released into the environment by ADVI Dynacs or any of its Subsidiaries that may present an imminent and substantial endangerment to human health; (vii6) neither ADVI nor any Majority Shareholder Dynacs is not aware of any complaints on file or matters pending in any federal or state environmental protection offices involving any allegation of Hazardous Substances on the any Dynacs Real EstateProperty; and (viii7) neither ADVI nor any Majority Shareholder Dynacs has not received notice from any environmental board, agency or authority requiring the removal of any Hazardous Substances or other alleged harmful materials or wastes, or advising of any pending or contemplated search or investigation of the Dynacs Real Estate Property or any portion of the Dynacs Real Estate Property with respect the removal of any Hazardous Substances or other alleged harmful materials or wastes.

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Dynacs Inc)

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Environmental Compliance Matters. (ia) The Real Estate constitutes Premises constitute all of the real property now or previously used or occupied by ADVIthe Issuer or its predecessors; (iib) the Majority Issuer and/or the Shareholders have inspected the Real Estate Premises and have no reason to their Best Knowledge believe that there are no may be Hazardous Substances incorporated in or deposited, stored or buried at or upon the Real EstatePremises; (iiic) the Real Estate has Premises have never been used as a waste disposal site or a storage site for petroleum products or chemicals; (ivd) no existing structures on the Real Estate Premises contain asbestos; (ve) there are not now any underground storage tanks on the Real EstatePremises; (vif) neither ADVI nor any Majority Shareholder the Issuer has allowed, with the knowledge or consent of ADVI or such Majority Shareholder, not knowingly allowed any Person occupying the Real Estate Premises to bring Hazardous Substances onto the Real Estate Premises or to process or store any Hazardous Substances on the Real Estate Premises and, to the Best Knowledge of the Majority ShareholdersIssuer, no Hazardous Substance has been released into the environment by ADVI the Issuer that may present an imminent and substantial endangerment to human health; (viig) neither ADVI the Issuer nor any Majority Shareholder is the Shareholders are aware of any complaints on file or matters pending in any federal or state environmental protection offices involving any allegation of Hazardous Substances on the Real EstatePremises; and (viiih) neither ADVI the Issuer nor any Majority Shareholder has the Shareholders have received notice from any environmental board, agency or authority requiring the removal from the Premises of any Hazardous Substances or other alleged harmful materials or wastes, or advising of any pending or contemplated search or investigation of the Real Estate Premises or any portion of the Real Estate Premises with respect the removal of any Hazardous Substances or other alleged harmful materials or wastes.

Appears in 1 contract

Samples: Stock Purchase Agreement (Symposium Telecom Corp)

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