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

Remedial Actions Relating to Hazardous Materials Activities. Company and Holdings shall, in compliance with all applicable Environmental Laws, 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 xxxxx any Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws which violation could reasonably be expected to have a Material Adverse Effect or that presents a risk arising from an Environmental Claim that could reasonably be expected to result in a Material Adverse Effect, provided, however, that Company shall not be precluded from contesting in good faith any such alleged violation of Environmental Law or Environmental Claim.

Appears in 4 contracts

Samples: Intercreditor Agreement (SafeNet Holding Corp), Intercreditor Agreement (SafeNet Holding Corp), Assignment and Assumption (SafeNet Holding Corp)

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Remedial Actions Relating to Hazardous Materials Activities. Company Borrower and Holdings shall, in compliance with all applicable Environmental Laws, 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 xxxxx any Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws which violation could would reasonably be expected to have a Material Adverse Effect or that presents a risk arising from an Environmental Claim that could would reasonably be expected to result in a Material Adverse Effect, provided, however, that Company Borrower shall not be precluded from contesting in good faith any such alleged violation of Environmental Law or Environmental Claim.. AM 27446811.10 63

Appears in 1 contract

Samples: Credit Agreement (IntraLinks Holdings, Inc.)

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Remedial Actions Relating to Hazardous Materials Activities. Company and Holdings shall, in compliance with all applicable Environmental Laws, promptly undertake, and shall cause each of 509265-1822-13506-Active.15159325.22 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 xxxxx any Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws which violation could would reasonably be expected to have a Material Adverse Effect or that presents a risk arising from an Environmental Claim that could would reasonably be expected to result in a Material Adverse Effect, provided, however, that Company shall not be precluded from contesting in good faith any such alleged violation of Environmental Law or Environmental Claim.

Appears in 1 contract

Samples: Credit Agreement (IntraLinks Holdings, Inc.)

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