Implementing Cleanup. If Seller elects to cleanup, cure and remediate an Environmental Defect after Closing pursuant to Section 8.2.1(ii), Seller shall not unreasonably interfere with the normal operation of the Assets and shall select the means and methods of effecting the cleanup, cure and remediation in accordance with applicable Environmental Laws, applicable industry standards, and any applicable agreement. IN CONNECTION WITH ACCESSING THE ASSETS TO PERFORM SUCH ACTIVITIES, AND EXCEPT TO THE EXTENT THAT SUCH CLAIMS ARE CAUSED BY THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF ANY MEMBER OF THE BUYER GROUP, SELLER WAIVES AND RELEASES ALL CLAIMS AGAINST BUYER GROUP FOR INJURY TO, OR DEATH OF PERSONS, OR DAMAGE TO PROPERTY INCURRED OR DIRECTLY CAUSED BY SELLER OR ITS REPRESENTATIVE IN CONNECTION WITH THE PERFORMANCE OF SUCH ACTIVITIES AND SELLER AGREES TO INDEMNIFY, DEFEND AND HOLD HARMLESS BUYER GROUP FROM AND AGAINST ALL SUCH CLAIMS.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Magnum Hunter Resources Corp)