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

Remedial Actions Relating to Hazardous Materials Activities. Company shall promptly undertake, and shall cause each of its Restricted 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 abatx xxx Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a risk of giving rise to a Material Environmental Claim. In the event Company or any of its Restricted Subsidiaries undertakes any such action with respect to any Hazardous Materials, Company or such Restricted 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 Governmental Entities except when, and only to the extent that, Company's or such Restricted Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Company or such Restricted Subsidiary.

Appears in 1 contract

Samples: Term Loan Agreement (Oxford Health Plans Inc)

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Remedial Actions Relating to Hazardous Materials Activities. Company shall promptly undertake, and shall cause each of its Restricted 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 abatx xxx 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 a Material an Environmental Claim. In the event Company or any of its Restricted Subsidiaries undertakes any such action with respect to any Hazardous Materials, Company or such Restricted 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 Governmental Entities federal, state and local governmental authorities except when, and only to the extent that, Company's or such Restricted Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Company or such Restricted Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Zilog Inc)

Remedial Actions Relating to Hazardous Materials Activities. Company Borrowers shall promptly undertake, and shall cause each of its Restricted 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 abatx xxx abate any Hazardous Materials Activity Xxxxvity on, under or about any Facility that is in violation of any Environmental Laws or that presents a material risk of giving rise to a Material an Environmental Claim. In the event Company Borrowers or any of its Restricted their Subsidiaries undertakes undertake any such action with respect to any Hazardous Materials, Company Borrowers or such Restricted 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 Governmental Entities federal, state and local governmental authorities except when, and only to the extent that, Company's Borrowers' or such Restricted Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Company Borrowers or such Restricted Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Inc)

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Remedial Actions Relating to Hazardous Materials Activities. Company shall promptly undertake, and shall cause each of its Restricted 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 abatx xxx xxxxx any Hazardous Materials Activity on, under or about any Facility that is in violation of any Environmental Laws or that presents a risk of giving rise would reasonably be expected to have a Material Environmental ClaimAdverse Effect. In the event Company or any of its Restricted Subsidiaries undertakes any such action with respect to any Hazardous Materials, Company or such Restricted 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 Governmental Entities federal, state and local governmental authorities except when, and only to the extent that, Company's or such Restricted Subsidiary's liability with respect to such Hazardous Materials Activity is being contested in good faith by Company or such Restricted Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

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