Common use of Remedial Actions Relating to Hazardous Materials Activities Clause in Contracts

Remedial Actions Relating to Hazardous Materials Activities. Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate any Xxxardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities except when, and only to the extent that, Borrowers' or such Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Grand Canal Shops Mall Construction LLC)

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Remedial Actions Relating to Hazardous Materials Activities. The Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate axxxx any Xxxardous Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event the Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, the Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities Governmental Instrumentalities except when, and only to the extent that, the Borrowers' or such Subsidiary's ’s liability with respect to such Hazardous Materials Activity is being contested in good faith by the Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Construction Loan Agreement (Las Vegas Sands Corp)

Remedial Actions Relating to Hazardous Materials Activities. Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean 107 up or abate xxxxx any Xxxardous Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities except when, and only to the extent that, Borrowers' or such Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Grand Canal Shops Mall Construction LLC)

Remedial Actions Relating to Hazardous Materials Activities. The Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate xxxxx any Xxxardous Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, the Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities Governmental Instrumentality except when, and only to the extent that, the Borrowers' or such Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by the Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Corp)

Remedial Actions Relating to Hazardous Materials Activities. Borrowers Borrower shall promptly undertake, and shall cause each of their its Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate any Xxxardous Materials Hazardous Materialx Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers Borrower or any of their its Subsidiaries undertake undertakes any such action with respect to any Hazardous Materials, Borrowers Borrower or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities except when, and only to the extent that, Borrowers' Borrower's or such Subsidiary's liability with respect to such Hazardous Materials Activity is being diligently contested in good faith and by Borrowers appropriate proceedings by Borrower or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Winsloew Furniture Inc)

Remedial Actions Relating to Hazardous Materials Activities. Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate xxxxx any Xxxardous Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities except when, and only to the extent that, Borrowers' or such Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Inc)

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Remedial Actions Relating to Hazardous Materials Activities. The Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate any Xxxardous Hazardous Materials Activity on, under or about any Facility anx Xxxility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, the Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities Governmental Instrumentality except when, and only to the extent that, the Borrowers' or such Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by the Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Inc)

Remedial Actions Relating to Hazardous Materials Activities. The Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate any Xxxardous Hazardous Materials Activity on, under or about any Facility Xxxxlity that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, the Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities Governmental Instrumentality except when, and only to the extent that, the Borrowers' or such Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by the Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Corp)

Remedial Actions Relating to Hazardous Materials Activities. The Borrowers shall promptly undertake, and shall cause each of their Subsidiaries promptly to undertake, any and all investigations, studies, sampling, testing, abatement, cleanup, removal, remediation or other response actions necessary to remove, remediate, clean up or abate xxxxx any Xxxardous Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to an Environmental Claim. In the event the Borrowers or any of their Subsidiaries undertake any such action with respect to any Hazardous Materials, the Borrowers or such Subsidiary shall conduct and complete such action in compliance with all applicable Environmental Laws and in accordance with the policies, orders and directives of all federal, state and local governmental authorities Governmental Instrumentalities except when, and only to the extent that, the Borrowers' or such Subsidiary's ’s liability with respect to such Hazardous Materials Activity is being contested in good faith by the Borrowers or such Subsidiary.

Appears in 1 contract

Samples: Construction Loan Agreement (Las Vegas Sands Inc)

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