Common use of Environmental undertakings Clause in Contracts

Environmental undertakings. 16.11.1 Each Obligor will not, and the Parent will procure that no member of the Group will, other than when duly licensed by the appropriate regulatory authorities, use, generate, store, handle, transport, dump, release, deposit, bury, emit, abandon or place any Dangerous Substance at, on, from or under any property which it owns or occupies if to do so will have a material adverse effect on the ability of the Obligors (taken as a whole) to perform their obligations under the Finance Documents.

Appears in 3 contracts

Samples: Facility Agreement (British American Tobacco p.l.c.), Facilities Agreement (British American Tobacco p.l.c.), Facility Agreement (British American Tobacco p.l.c.)

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Environmental undertakings. 16.11.1 (a) Each Obligor will not, and the Parent will procure that no other member of the Group will, other than when duly licensed by the appropriate regulatory authorities, use, generate, store, handle, transport, dump, release, deposit, bury, emit, abandon or place any Dangerous Substance at, on, from or under any property which it owns or occupies if to do so will could reasonably be expected to have a material adverse effect on the ability of the Obligors (taken as a whole) together to perform their obligations under the Finance Documents.

Appears in 1 contract

Samples: Agreement (Powergen PLC)

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