Environmental Defects. The term “Environmental Defect” shall mean, with respect to any given Asset (including, without limitation, air, land, soil, surface and subsurface strata, surface water, groundwater, or sediments), a violation of or a condition that can reasonably be expected to give rise to a violation of any Environmental Law in effect before the Closing Date in the jurisdiction in which such Asset is located.
Appears in 7 contracts
Samples: Purchase and Sale Agreement (Bill Barrett Corp), Purchase and Sale Agreement (Vanguard Natural Resources, LLC), Purchase and Sale Agreement (Samson Oil & Gas LTD)
Environmental Defects. The term “"Environmental Defect” " shall mean, with respect to any given Asset (including, without limitation, air, land, soil, surface and subsurface strata, surface water, groundwater, or sediments)Asset, a violation of or a condition that can reasonably be expected to give rise to a violation of any Environmental Law Laws in effect before as of the Closing Date Effective Time in the jurisdiction in which such Asset is located.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Abraxas Energy Partners LP), Purchase and Sale Agreement (High Plains Gas, Inc.)
Environmental Defects. The term “Environmental Defect” shall mean, with respect to any given Asset (including, without limitation, including air, land, soil, surface and subsurface strata, surface water, groundwater, or sediments), a violation of or a condition that can reasonably be expected to give rise to a violation of any Environmental Law in effect before the Closing Notification Date in the jurisdiction in which such Asset is locatedState of Utah.
Appears in 1 contract
Environmental Defects. The term “Environmental Defect” shall mean, with respect to any given Asset (including, without limitation, air, land, soil, surface and subsurface strata, surface water, groundwater, or sediments)Asset, a material violation of or a condition that can reasonably be expected to give rise to a violation of any Environmental Law Laws in effect before as of the Closing Date Effective Time in the jurisdiction in which such Asset is located.
Appears in 1 contract
Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)
Environmental Defects. The term “Environmental Defect” shall mean, means a condition that exists with respect to any given Asset of the property or operations of the Company or any of its Subsidiaries on the property that (including, without limitation, air, land, soil, surface and subsurface strata, surface water, groundwater, i) is identified by the Site Assessment conducted by or sediments), a violation on behalf of or a condition that can reasonably be expected to give rise to a violation of any Environmental Law in effect before the Closing Date in the jurisdiction in which such Asset is located.Buyer and
Appears in 1 contract
Samples: Purchase and Sale Agreement
Environmental Defects. The term “Environmental Defect” shall mean, with respect to any given Asset (including, without limitation, air, land, soil, surface and subsurface strata, surface water, groundwater, or sediments)Asset, a violation of or a condition that can reasonably be expected to give rise to a violation of any Environmental Law Laws in effect before as of the Closing Date Effective Time in the jurisdiction in which such Asset is located.
Appears in 1 contract
Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)