Common use of No Contingent Liability Clause in Contracts

No Contingent Liability. The Borrower and its Subsidiaries have no material contingent liability in connection with any Release or threatened Release of any Hazardous Materials into the environment other than such contingent liabilities which could not reasonably be expected to result in remedial obligations having a Material Adverse Effect, assuming disclosure to the applicable Governmental Authority of all relevant facts, conditions and circumstances, if any, pertaining to such Release or threatened Release.

Appears in 2 contracts

Samples: Credit Agreement (Mercer International Inc.), Credit Agreement (Mercer International Inc.)

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No Contingent Liability. The Borrower and its Material Subsidiaries have no material contingent liability in connection with any Release release or threatened Release release of any Hazardous Materials into the environment other than such contingent liabilities at any one time and from time to time which could not reasonably be expected to result in remedial obligations having a Material Adverse Effect, assuming disclosure to the applicable Governmental Authority of all relevant facts, conditions and circumstances, if any, pertaining to such Release release or threatened Releaserelease.

Appears in 2 contracts

Samples: Term Credit Agreement (Teck Cominco LTD), Bridge Credit Agreement (Teck Cominco LTD)

No Contingent Liability. The To the knowledge of the Borrower, the Borrower and its Subsidiaries have no material contingent liability in connection with any Release release or threatened Release release of any Hazardous Materials into the environment other than such contingent liabilities which could not would reasonably be expected to result in remedial obligations having a Material Adverse Effect, assuming disclosure to the applicable Governmental Authority of all relevant facts, conditions and circumstances, if any, pertaining to such Release release or threatened Releaserelease.

Appears in 1 contract

Samples: Credit Agreement

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No Contingent Liability. The Borrower and its Subsidiaries have no material contingent liability in connection with any Release or threatened Release of any Hazardous Materials into the environment other than such contingent liabilities which could not reasonably be expected to result in remedial obligations having a Material Adverse Effect, assuming disclosure to the applicable Governmental Authority of all relevant facts, conditions and circumstances, if any, pertaining to such Release or threatened Release.

Appears in 1 contract

Samples: Credit Agreement (Universal Security Instruments Inc)

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