Relevant Substances Sample Clauses
The 'Relevant Substances' clause defines which materials, chemicals, or substances are subject to specific terms within the agreement. It typically lists or references substances that are regulated, hazardous, or otherwise significant to the contract’s subject matter, such as those used in manufacturing, construction, or environmental contexts. By clearly identifying these substances, the clause ensures that both parties understand their responsibilities regarding handling, reporting, or restricting the use of such materials, thereby reducing the risk of non-compliance or disputes related to substance management.
Relevant Substances no substance which is capable of causing harm to any living organism or damaging the environment, public health or welfare has been deposited, disposed of, kept, treated, imported, exported, transported, processed, manufactured, used, collected, sorted or produced at any time or is present in the environment (whether or not on property owned, leased, owned, occupied or controlled by any member of the Group) in circumstances which are likely to result in any liability of any member of the Group under Environmental Laws which is materially adverse in relation to the Borrower’s ability to perform its obligations under the Transaction Documents and/or the validity or enforceability of the Transaction Documents;
Relevant Substances promptly upon becoming aware of the same, notify the Facility Agent of (a) the deposit or disposal by or from a Rig of any Relevant Substance in the Environment and (b) any storage, treatment, importation, exportation, transportation, processing, manufacture, usage, collection, sorting or production of any Relevant Substance which is carried out in circumstances which in each case are likely to result in an Environmental Claim against the Borrower, the Rig Owner of that Rig, the Sponsor (but only insofar as the Environmental Claim is in connection with a Rig) or that Rig;
Relevant Substances. It will, and will, in the case of the Parent, procure that each Group Member will, notify the Agent forthwith upon becoming aware of any Relevant Substance at or brought on to any of the properties owned, leased or otherwise occupied by any member of the Group in circumstances which are outside the ordinary course of the business of the relevant Group Member which might be reasonably expected to give rise to any Environmental Claim, and in such cases take or procure the taking of all necessary action to deal with, remedy or remove from such property 44 52 or prevent the incursion of (as the case may be) that Relevant Substance in order to prevent such Environmental Claim and in a manner that complies with all requirements of Environmental Law.
Relevant Substances notify the Lender forthwith upon becoming aware of any Relevant Substance at or brought on to any of its properties which are reasonably likely to give rise to any Environmental Claim, and take or procure to be taken (in each case in a manner that complies with all requirements of Environmental Law) all necessary action to deal with, remedy or remove from such property or (as the case may be) prevent the incursion of that Relevant Substance in order to prevent an Environmental Claim;
Relevant Substances. 44 13.10 Year 2000...........................................................................45 13.11