Environmental Indemnification and Hold Harmless Sample Clauses
The Environmental Indemnification and Hold Harmless clause requires one party to compensate and protect the other from losses, damages, or liabilities arising from environmental contamination or violations. Typically, this clause applies to situations where hazardous materials are present on a property, or where activities may result in environmental harm, such as spills or improper waste disposal. Its core function is to allocate the risk of environmental issues, ensuring that the responsible party bears the financial and legal consequences, thereby protecting the other party from unforeseen environmental liabilities.
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Environmental Indemnification and Hold Harmless. Grantor shall indemnify and hold Grantee harmless from any and all claims, demands, judgments, orders, or damages resulting from hazardous substances discharged onto the Property by Grantor, its agents or employees during the term of this Reservation, except for the permitted normal discharge of storm water and process water from the operation of the Tissue Mill and/or the Encogen facility. It is the intent of the parties hereto that Grantor shall be responsible and shall hold Grantee harmless from any hazardous substances that are discharged onto the Property or into Bellingham Bay during the term of this Reservation. The term “hazardous substances,” as used herein, shall mean any substance heretofore or hereafter designated as hazardous under the Resource Conservation and Recovery Act, 42 U.S.C. Sec. 6901 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. Sec. 1257 et seq.; the Clean Air Act, 42 U.S.C. Sec. 2001 et seq.; the Comprehensive Environmental Response Compensation and Liability Act of 2080, 42 U.S.C. Sec. 9601 et seq.; or the Hazardous Waste Cleanup-Model Toxics Control Act, RCW 70.105D, all as amended and subject to all regulations promulgated thereunder.
Environmental Indemnification and Hold Harmless. SELLERS, and their respective successors and assigns (collectively, "Indemnitor"), shall each protect, exonerate, indemnify, defend and hold harmless, for a period of one year from the Closing Date PURCHASER, its employees, directors, officers, agents, heirs, personal representatives, successors and assigns (each individually and all collectively, an "Indemnitee"), from and against any and all liabilities, losses, claims, demands, requests for investigation, remediation or corrective action, penalties, fines, settlements, damages (including foreseeable and unforeseeable consequential damages and punitive damages), response, remedial, or inspection costs, and any expenses (including, without limitation, attorney and consultant fees, laboratory costs, and litigation costs) of whatever kind or nature, known or unknown, contingent or otherwise, which are incurred by or asserted against Indemnitee after the date of Closing this Agreement and which arise prior to Closing from or are alleged to arise from (1) the presence of any Hazardous Materials in, on or under the Business Assets including, without limitation, the improvements thereon and the soils and ground water thereof, (2) the migration of any Hazardous Materials onto the Business Assets from any other property or onto any other property from the Business Assets (3) the disposal or release of Hazardous Materials on, in or under the Business Assets by any person or entity, whether known or unknown, suspected or unsuspected, or foreseen or unforeseen as of the date hereof, (4) the removal, treatment, remediation, or disposal of any Hazardous Materials on or from the Business Assets, and (5) any personal injuries or property damages, real or personal, any violations of any Environmental Law, and any lawsuit brought or threatened, settlement reached, or governmental order arising out of or alleged to arise out of the presence of any Hazardous Materials on, in, or under the Business Assets or the migration of any Hazardous Materials onto any other property from the Business Assets which arise prior to the final Closing of this transaction.
Environmental Indemnification and Hold Harmless. SELLERS, and their respective successors and assigns (collectively, "Indemnitor"), shall each protect, exonerate, indemnify, defend and hold harmless, for a period of one year from the Closing Date PURCHASER, its employees, directors, officers, agents, heirs, personal representatives, successors and assigns (each individually and all collectively, an "Indemnitee"), from and against any and all liabilities, losses, claims, demands, requests for investigation, remediation or corrective action, penalties, fines, settlements, damages (including foreseeable and unforeseeable consequential damages and punitive damages), response, remedial, or inspection costs, and any expenses (including, without limitation, attorney and consultant fees, laboratory costs, and litigation costs) of whatever kind or nature, known or unknown, contingent or otherwise, which are incurred by or asserted against Indemnitee after the date of Closing this Agreement and which arise prior to Closing from or are alleged to arise from (1) the presence of any Hazardous Materials in, on or under the Business Assets including, without limitation, the improvements thereon and the soils and ground water thereof, (2) the migration of any Hazardous Materials onto the Business Assets from any other property or onto any other property from the Business Assets (3) the disposal or release of Hazardous Materials on, in or under the Business Assets by any person or entity, whether known or unknown, suspected or unsuspected, or foreseen or unforeseen as of the date hereof, (4) the removal, treatment, remediation, or disposal of any Hazardous Materials on or from the Business Assets, and (5) any personal injuries or property damages, real or personal, any violations of any Environmental Law, and any lawsuit brought or threatened, settlement reached, or governmental order arising out of or alleged to arise out of the presence of any Hazardous Materials on, in, or under the Business Assets or the migration of any Hazardous Materials onto any other property from the Business Assets which arise prior to the final Closing of this transaction.
Environmental Indemnification and Hold Harmless. Except as otherwise expressly provided in the Purchase and Sale Agreement dated January 20, 2005, between Georgia- Pacific as seller and the Port of Bellingham as buyer, after January 20, 2005, Georgia-Pacific shall indemnify and hold the Port harmless from any and all claims, demands, judgments, orders, or damages resulting from hazardous substances discharged onto the Property by Georgia-Pacific, its employees, contractors or sub-contractors in connection with the demolition or disposal activities contemplated herein. The term “hazardous substances,” as used herein, shall mean any substance heretofore or hereafter designated as hazardous under the Resource Conservation and Recovery Act, 42 U.S.C. Sec. 6901 et seq.; the Federal Water Pollution Control Act, 33 U.S.C. Sec. 1257 et seq.; the Clean Air Act, 42 U.S.C. Sec. 2001 et seq.; the Comprehensive Environmental Response Compensation and Liability Act of 2080, 42 U.S.C. Sec. 9601 et seq.; or the Hazardous Waste Cleanup-Model Toxics Control Act, RCW 70.105D, all as amended and subject to all regulations promulgated thereunder.