Common use of Handling of Hazardous Substances Clause in Contracts

Handling of Hazardous Substances. Except as set forth on Schedule 9.14, (i) no portion of the real property or other assets of the Company or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (ii) in the course of any activities conducted by the Company, any Subsidiary or the operators of any real property of the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a material adverse effect on the value of properties with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iii) there have been no Releases of Hazardous Substances on, upon, into or from any real property or other assets of the Company or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iv) to the Company's actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the real property or other assets of the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect on the value of, real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; and (v) any Hazardous Substances generated by the Company and its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the Company's knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Synagro Technologies Inc), Credit Agreement (Synagro Technologies Inc)

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Handling of Hazardous Substances. Except as set forth on Schedule 9.14-------------------------------- -------- 9.15, (i) no portion of the any real property or other assets of owned, leased or ---- operated by the Company or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) in the course of any activities conducted by the Company, any Subsidiary or the operators of any real property of owned, leased or operated by the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a except in accordance in all material adverse effect on the value of properties respects with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectapplicable Environmental Laws; (iii) there have been no Releases or threatened Releases of Hazardous Substances on, upon, into or from any real property or other assets of owned, leased or operated by the Company or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of such real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectassets; (iv) to the Company's actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the any real property or other assets of owned, leased or operated by the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect on the value of, any real property or other assets of owned, leased or operated by the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectSubsidiary; and (v) any Hazardous Substances generated by the Company and its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the Company's knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (United Road Services Inc), Credit Agreement (United Road Services Inc)

Handling of Hazardous Substances. Except as set forth on Schedule 9.149.15, (i) no portion of the real property or other assets of the Company or any Subsidiary has been used by the Company or any Subsidiary or, to the best knowledge of the Company, by any third party for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) in the course of any activities conducted by the Company, any Subsidiary or the operators of any real property of the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a except in accordance in all material adverse effect on the value of properties respects with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectapplicable Environmental Laws; (iii) there have been no Releases or, to best knowledge of the Company, threatened Releases of Hazardous Substances onSubstances, upon, into or from any real property or other assets of the Company or any Subsidiary, which Releases singly or in the aggregate might could reasonably be expected to have a material adverse effect on the value of such real property or assets (provided that with an aggregate net book value (respect to any Releases or threatened Releases which occurred prior to the ownership, occupancy or use of such property or assets, as applicable, by the Company or any writedown resulting from any Subsidiary, such representation is given to the best knowledge of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectCompany); (iv) to the Company's actual knowledge, there have been no Releases to the best knowledge of the Company on, upon, from or into any real property in the vicinity of the real property or other assets of the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might could reasonably be expected to have a material adverse effect on the value of, the real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectSubsidiary; and (v) any Hazardous Substances generated by the Company and its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities to the best knowledge of the Company have been and are, to the best of the Company's knowledge, are operating in compliance in all material respects with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Semco Energy Inc), Credit Agreement (Semco Energy Inc)

Handling of Hazardous Substances. Except as set forth on Schedule 9.149.15, (i) no portion of the any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) in the course of any activities conducted by either of the CompanyBorrowers, any Subsidiary or the operators of any real property owned, leased or operated by either of the Company Borrowers or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a except in accordance in all material adverse effect on the value of properties respects with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectapplicable Environmental Laws; (iii) there have been no Releases or threatened Releases of Hazardous Substances on, upon, into or from any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of such real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectassets; (iv) to the Company's Borrowers' actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect on the value of, any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectSubsidiary; and (v) any Hazardous Substances generated by either of the Company and its Borrowers or their Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the Company's Borrowers' knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Handling of Hazardous Substances. Except as set forth on Schedule 9.14SCHEDULE 9.15, (i) no portion of the real property or other assets of the Company Borrower or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) except in the ordinary course of any activities conducted by the Company, any Subsidiary or the operators of any real property business of the Company or any SubsidiaryBorrower and its Subsidiaries and in accordance in all material respects with applicable Environmental Laws, no Hazardous Substances have been generated or are being used on the properties of Borrower or any Subsidiary, except to the extent such properties which might generation or use, individually or in the aggregate, would not reasonably be expected to have a material adverse effect on the value of properties with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iii) there have been no Releases or threatened Releases of Hazardous Substances on, upon, into or from any real property or other assets of the Company Borrower or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of such real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectassets; (iv) to the CompanyBorrower's current, actual knowledgeknowledge without inquiry, there have been no Releases on, upon, from or into any real property in the vicinity of the real property or other assets of the Company Borrower or any Subsidiary which, through soil or groundwater contamination, may have come to be located onon the real property or other assets of Borrower or any Subsidiary, and which might reasonably be expected to have a material adverse effect on the value of, real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; and (v) to the extent any Hazardous Substances generated by the Company Borrower and its Subsidiaries have been transported offsite offsite, such transportation of Hazardous Substances has been performed only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the CompanyBorrower's knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Input Output Inc)

Handling of Hazardous Substances. Except as set forth on Schedule SCHEDULE 9.14, (i) no portion of the real property or other assets of the Company or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (ii) in the course of any activities conducted by the Company, any Subsidiary or the operators of any real property of the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a material adverse effect on the value of properties with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iii) there have been no Releases of Hazardous Substances on, upon, into or from any real property or other assets of the Company or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iv) to the Company's actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the real property or other assets of the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect on the value of, real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; and (v) any Hazardous Substances generated by the Company and its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the Company's knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.material

Appears in 1 contract

Samples: Credit Agreement (U S Plastic Lumber Corp)

Handling of Hazardous Substances. Except as set forth on Schedule 9.149.15 as of the Closing Date, (i) no portion of the real property or other assets of the Company or any Subsidiary has been used by the Company or any Subsidiary or, to the best knowledge of the Company, by any third party for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) in the course of any activities conducted by the Company, any Subsidiary or the operators of any real property of the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a except in accordance in all material adverse effect on the value of properties respects with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectapplicable Environmental Laws; (iii) there have been no Releases or, to best knowledge of the Company, threatened Releases of Hazardous Substances onSubstances, upon, into or from any real property or other assets of the Company or any Subsidiary, which Releases singly or in the aggregate might would reasonably be expected to have a material adverse effect on the value of such real property or assets (provided that with an aggregate net book value (respect to any Releases or threatened Releases which occurred prior to the ownership, occupancy or use of such property or assets, as applicable, by the Company or any writedown resulting from any Subsidiary, such representation is given to the best knowledge of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectCompany); (iv) to the Company's actual knowledge, there have been no Releases to the best knowledge of the Company on, upon, from or into any real property in the vicinity of the real property or other assets of the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might would reasonably be expected to have a material adverse effect on the value of, real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; and (v) any Hazardous Substances generated by the Company and its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities to the best knowledge of the Company have been and are, to the best of the Company's knowledge, are operating in compliance in all material respects with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

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Handling of Hazardous Substances. Except as set forth on Schedule 9.149.13 as of the Closing Date, (i) no portion of the real property or other assets asset of the Company or any Subsidiary has been used by the Company or any Subsidiary or, to the best knowledge of the Company, by any third party for the handling, processing, storage or disposal Disposal of any Hazardous Substances Substance except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for any Hazardous Substances Substance is located on any such properties property; (ii) in the course of any activity conducted by the Company, any Subsidiary or the operator of any real property of the Company or any Subsidiary, no Hazardous Substance has been generated or is being used on any such property except in accordance in all material respects with applicable Environmental Laws; (iii) there has been no Release or, to the best knowledge of the Company, threatened Release of any Hazardous Substance upon, into or from any real property or other asset of the Company or any Subsidiary, which might Release singly or in the aggregate with each other such Release would reasonably be expected to have a material adverse effect on the value of such real property or assets asset (provided that with an aggregate net book value (respect to any Release or threatened Release which occurred prior to any writedown resulting from any the ownership, occupancy or use of the foregoing) exceeding $250,000 such property or which otherwise might be reasonably expected to have a Material Adverse Effect; (ii) in the course of any activities conducted asset, as applicable, by the Company, any Subsidiary or the operators of any real property of the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected representation is given to have a material adverse effect on the value of properties with an aggregate net book value (prior to any writedown resulting from any best knowledge of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iii) there have been no Releases of Hazardous Substances on, upon, into or from any real property or other assets of the Company or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectCompany); (iv) to the best knowledge of the Company's actual knowledge, there have has been no Releases Release on, upon, from or into any real property in the vicinity of the any real property or other assets asset of the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might would reasonably be expected to have a material adverse effect on the value of, real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; and (v) any Hazardous Substances Substance generated by the Company and its Subsidiaries have or any Subsidiary has been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities to the best knowledge of the Company have been and are, to the best of the Company's knowledge, are operating in compliance in all material respects with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.. 600198569v6

Appears in 1 contract

Samples: Term Loan Agreement (Semco Energy Inc)

Handling of Hazardous Substances. Except as set forth on Schedule 9.148.15, (i) no portion of the any real property or other assets of owned, leased or operated by the Company Borrower or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) in the course of any activities conducted by the CompanyBorrower, any Subsidiary or the operators of any real property of owned, leased or operated by either the Company Borrower or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a except in accordance in all material adverse effect on the value of properties respects with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectapplicable Environmental Laws; (iii) there have been no Releases or threatened Releases of Hazardous Substances on, upon, into or from any real property or other assets of owned, leased or operated by the Company Borrower or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of such real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectassets; (iv) to the CompanyBorrower's actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the any real property or other assets of owned, leased or operated by either the Company Borrower or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect on the value of, any real property or other assets of owned, leased or operated by either the Company Borrower or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectSubsidiary; and (v) any Hazardous Substances generated by either the Company and Borrower or its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the CompanyBorrower's knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Mechanical Technology Inc)

Handling of Hazardous Substances. Except as set forth on Schedule 9.148.15, to the Borrower's knowledge, (i) no portion of the any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws Laws; and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectproperties; (ii) in the course of any activities conducted by either of the CompanyBorrowers, any Subsidiary or the operators of any real property owned, leased or operated by either of the Company Borrowers or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a except in accordance in all material adverse effect on the value of properties respects with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectapplicable Environmental Laws; (iii) there have been no Releases or threatened Releases of Hazardous Substances on, upon, into or from any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of such real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effectassets; (iv) to the Company's Borrowers' actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect Material Adverse Effect on the value of, any real property or other assets owned, leased or operated by either of the Company Borrowers or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse EffectSubsidiary; and (v) any Hazardous Substances generated by either of the Company and its Borrowers or their Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, and delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the Company's Borrowers' knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Handling of Hazardous Substances. Except as set forth on Schedule 9.14, (i) no portion of the real property or other assets of the Company or any Subsidiary has been used for the handling, processing, storage or disposal of Hazardous Substances except in accordance in all material respects with applicable Environmental Laws and no underground tank or other underground storage receptacle for Hazardous Substances is located on such properties which might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (ii) in the course of any activities conducted by the Company, any Subsidiary or the operators of any real property of the Company or any Subsidiary, no Hazardous Substances have been generated or are being used on such properties which might reasonably be expected to have a material adverse effect on the value of properties with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iii) there have been no Releases of Hazardous Substances on, upon, into or from any real property or other assets of the Company or any Subsidiary, which Releases singly or in the aggregate might reasonably be expected to have a material adverse effect on the value of real property or assets with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; (iv) to the Company's actual knowledge, there have been no Releases on, upon, from or into any real property in the vicinity of the real property or other assets of the Company or any Subsidiary which, through soil or groundwater contamination, may have come to be located on, and which might reasonably be expected to have a material adverse effect on the value of, real property or other assets of the Company or any Subsidiary with an aggregate net book value (prior to any writedown resulting from any of the foregoing) exceeding $250,000 or which otherwise might be reasonably expected to have a Material Adverse Effect; and (v) any Hazardous Substances generated by the Company and its Subsidiaries have been transported offsite only by properly licensed carriers and, to the best of the Company's knowledge, delivered only to treatment or disposal facilities maintaining valid permits as required under applicable Environmental Laws, which transporters and facilities have been and are, to the best of the Company's knowledge, operating in compliance with such permits and applicable Environmental Laws, except to the extent that failure to do so would not, individually or in the aggregate, have a Material Adverse Effect.. 44 52

Appears in 1 contract

Samples: Credit Agreement (Synagro Technologies Inc)

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