Pollution and Other Regulations. (a) Each of the Borrower and its Subsidiaries is in compliance with all applicable Environmental Laws governing its business, except for such failures to comply as could not reasonably be expected to have a Material Adverse Effect, and neither the Borrower nor any of its Subsidiaries is liable for any material penalties, fines or forfeitures for failure to comply with any of the foregoing.
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Samples: Credit Agreement (Diamond S Shipping Inc.), Credit Agreement (Scorpio Bulkers Inc.), Credit Agreement (Scorpio Bulkers Inc.)
Pollution and Other Regulations. (a) Each of the Corporate Guarantor, the Borrower and its their respective Subsidiaries is in compliance with all applicable Environmental Laws governing its business, except for such failures to comply as could not reasonably be expected to have a Material Adverse Effect, and neither the Corporate Guarantor, nor the Borrower nor any of its their respective Subsidiaries is liable for any material penalties, fines or forfeitures for failure to comply with any of the foregoing.
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Pollution and Other Regulations. (a) Each of the Borrower and each of its Subsidiaries is in compliance with all applicable Environmental Laws governing its business, except business for such failures which failure to comply as could not reasonably be expected is likely to have a Material Adverse Effect, and neither the Borrower nor any of its Subsidiaries is liable for any material penalties, fines or forfeitures for failure to comply with any of the foregoing.liable
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