Common use of No Environmental Liability Clause in Contracts

No Environmental Liability. On the Effective Date, except to the extent set forth in the Environmental Settlement Documents, the First Amended Plan or Schedule 8(b)(xv) attached hereto, the Company shall have no material liabilities or material obligations under any environmental, health or safety Laws arising out of or related to facts, events or circumstances occurring or in existence prior to the Effective Date.

No Environmental Liability. On the Effective Date, except to the extent set forth in the Environmental Settlement Documents, the First Amended Plan or Schedule 8(b)(xv8(b)(xvi) attached hereto, the Company shall have no material liabilities or material obligations under any environmental, health or safety Laws arising out of or related to facts, events or circumstances occurring or in existence prior to the Effective Date.