Environmental Permit Clause Samples
An Environmental Permit clause requires one or both parties to obtain and maintain all necessary environmental permits, licenses, or approvals relevant to the activities covered by the agreement. This typically applies to operations that may impact the environment, such as construction, manufacturing, or waste disposal, and obligates the responsible party to comply with applicable environmental laws and regulations. The core function of this clause is to ensure legal compliance and minimize environmental liability, thereby protecting both parties from regulatory penalties or project delays due to missing or invalid permits.
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Environmental Permit. 26 ERISA................................ 19
Environmental Permit. “Environmental Permit” shall mean any Governmental Authorization required under or issued, granted, given, authorized by or made pursuant to Environmental Law.
Environmental Permit. In the event that the Indiana Department of Environmental Management shall not have issued the relevant permit or permits on or before December 30, 1996 necessary for the construction and/or operation of each of:
(a) the Coke Plant, and
(b) any facility constructed by Cokenergy in connection with the obligations of Cokenergy under that certain Tolling Agreement, dated of even date herewith, between Purchaser and Cokenergy, on terms and conditions satisfactory to Seller, or Purchaser shall have determined in its discretion that such permit or permits will not be issued by December 30, 1996 and notified Seller thereof in writing; then neither Seller nor Purchaser shall have any further obligation under this Coke Purchase Agreement, this Coke Purchase Agreement shall terminate and be of no further force and effect, and Purchaser will promptly reimburse Seller for any and all costs and fees actually incurred by Seller on or before the date of such termination; it being understood that if this Coke Purchase Agreement is terminated pursuant to this Section 14.4 after November 12, 1996 and on or before December 20, 1996, the amount due Seller by Purchaser will be $*****; if this Coke Purchase Agreement is terminated pursuant to this Section 4.4 after December 20, 1996, the amount due Seller by Purchaser shall be equal to the amount necessary for Seller to fulfill its obligation to reimburse Raytheon for the following:
(1) all work performed by Raytheon on or before December 30, 1996, pursuant to its Engineering, Procurement and Construction Contract with Seller;
(2) cancellation fees payable by Raytheon to vendors as a result of the termination of the Engineering, Procurement and Construction Contract after December 20, 1996 and on or before December 30, 1996; and
(3) a management fee equal to ***** percent (*****%) of the sum of the amounts in (1) and (2) above. On or before November 12, 1996, Seller will provide Purchaser with the calculation of such amount.
Environmental Permit. Section 8.10
Environmental Permit. The Environmental Impact Assessment (EIA) report concerning the Project was approved by the Department of Environment (DOE) in September 2010.
Environmental Permit. The Company shall, and the Stockholders shall cause the Company to, apply for an obtain a letter of approval from the Tennessee Department of Environment and Conservation (the “TDEC”) with respect to the environmental remediation to be conducted set forth on Schedule 4.29(d). To the extent such approvals are not obtained from TDEC within six (6) months after Closing, the Company shall have the right to terminate the Lease Agreement in Parent’s sole discretion and elect to relocate the operations of the Company from the current facility at its convenience, with no further obligations on the part of the Company or the Parent under the Lease Agreement and no penalty incurred with respect to such termination of the Lease Agreement. The Company shall, and the Stockholders shall cause the Company to, apply for any required transfers of any Permits and other governmental authorizations set forth on Schedule 4.16 and Schedule 4.29(b), as requested by the Parent.
Environmental Permit. The Environmental Impact Assessment (EIA) Report for the Project was approved by the Department of Environment, Ministry of Environment and Forest of Bangladesh in October 2012.
Environmental Permit. 4.14 ERISA........................................................... 4.13(a) ERISA Affiliate................................................. 4.13(a) ESPP............................................................ 2.3(c) Exchange Act.................................................... 4.7(a) Exchange Fund................................................... 2.2(a) Foreign Antitrust Laws.......................................... 3.3(d) GAAP............................................................ 4.7(a) Governmental Authority.......................................... 3.3(d) Hazardous Materials............................................. 4.14
Environmental Permit. Section 7.10 ERISA........................................................................................
Environmental Permit. The Environmental Impact Assessment (EIA) report related to this Project, including the additional component, was approved by the Ministry of the Environment of the Republic of Iraq in December 2017.