Common use of Relevant Substance Clause in Contracts

Relevant Substance. notify the Agent forthwith upon becoming aware of any Relevant Substance at or brought on to any property owned, leased or occupied by it which is likely to give rise to an Environmental Claim which would have or would be reasonably likely to have a Material Financial Adverse Effect and take or procure the taking of all necessary action to deal with, remedy or remove from such property or prevent the incursion of (as the case may be) that Relevant Substance in order to prevent such an Environmental Claim and in a manner that complies with all applicable requirements of Environmental Law;

Appears in 2 contracts

Samples: Loan Agreement (Telewest Global Inc), Telewest Communications PLC /New/

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Relevant Substance. notify the Facility Agent forthwith upon becoming aware of any Relevant Substance at or brought on to any property owned, leased or occupied by it any member of the Group which is likely to give rise to an Environmental Claim which would have or would be is reasonably likely to have a Material Financial Adverse Effect and take or procure the taking of all necessary action to deal with, remedy or remove from such property or prevent the incursion of (as the case may be) that Relevant Substance in order to prevent such an Environmental Claim and in a manner that complies with all applicable requirements of Environmental Law;

Appears in 1 contract

Samples: Facilities Agreement (Hungarian Telephone & Cable Corp)

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Relevant Substance. notify the Agent forthwith upon becoming aware of any Relevant Substance at or brought on to any property owned, leased or occupied by it any member of the Group which is likely to give rise to an Environmental Claim which would have or would be is reasonably likely to have a Material Financial Adverse Effect and take or procure the taking of all necessary action to deal with, remedy or remove from such property or prevent the incursion of (as the case may be) that Relevant Substance in order to prevent such an Environmental Claim and in a manner that complies with all applicable requirements of Environmental Law;

Appears in 1 contract

Samples: Comcast Uk Cable Partners LTD

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