Common use of Hazardous Substances Carriers Clause in Contracts

Hazardous Substances Carriers. All Hazardous Materials generated at any and all property of the Obligors as and from the acquisition and/or occupation of such properties by the relevant Obligor: (i) which have been treated, transported, stored and disposed of by an Obligor, have been so treated, transported or disposed of only in accordance with all Environmental Laws applicable to them, except to the extent the failure to treat, transport, store or dispose of any such Hazardous Materials could not reasonably be expected to have a Material Adverse Effect; and (ii) which have been treated, transported, stored and disposed of by third parties, have, to the Borrower’s Knowledge, been so treated, transported or disposed of only in accordance with all Environmental Laws applicable to them, except to the extent the failure to treat, transport, store or dispose of any such Hazardous Materials could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Pretium Resources Inc.)

Hazardous Substances Carriers. All Hazardous Materials generated at any and all property of the Obligors as and from the acquisition and/or occupation of such properties by the relevant Obligor: (i) which have been treated, transported, stored and disposed of by an Obligor, have been so treated, transported or disposed of only in accordance with all Environmental Laws applicable to them, except to the extent the failure to treat, transport, store or dispose of any such Hazardous Materials could not reasonably be expected to have a Material Adverse Effect; and and (ii) which have been treated, transported, stored and disposed of by third parties, have, to the Borrower’s Knowledge, been so treated, transported or disposed of only in accordance with all Environmental Laws applicable to them, except to the extent the failure to treat, transport, store or dispose of any such Hazardous Materials could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Pretium Resources Inc.)