Common use of Notice of Environmental Matters Clause in Contracts

Notice of Environmental Matters. Without limiting the provisions of clause (h) above, promptly after receipt thereof, the Company will deliver to the Purchaser notice of its receipt of all pleadings, orders, complaints, indictments, or other written communications alleging a condition that would reasonably be expected to require the Company to undertake or to contribute to a cleanup or other response under any environmental law, or that seeks material penalties, damages, injunctive relief, or criminal sanctions related to alleged violations of any environmental law, or that makes any material claim for personal injury or property damage as a result of environmental factors or conditions or that, if adversely determined, could otherwise have a material adverse effect on the Company.

Appears in 4 contracts

Samples: Bond Purchase Agreement (Artesian Resources Corp), Bond Purchase Agreement (Artesian Resources Corp), Bond Purchase Agreement (Artesian Resources Corp)

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Notice of Environmental Matters. Without limiting the provisions of clause (h) above, promptly after receipt thereof, the Company will deliver to the Purchaser notice of its receipt of all pleadings, orders, complaints, indictments, or other written communications alleging a condition that would reasonably be expected to require the Company to undertake or to contribute to a cleanup or other response under any environmental lawEnvironmental Law, or that seeks material penalties, damages, injunctive relief, or criminal sanctions related to alleged violations of any environmental lawEnvironmental Law, or that makes any material claim for personal injury or property damage as a result of environmental factors or conditions or that, if adversely determined, could otherwise have a material adverse effect on the Company.

Appears in 1 contract

Samples: Bond Purchase Agreement (Artesian Resources Corp)

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