Common use of Section Eighteen Clause in Contracts

Section Eighteen. Both CAMPOSOL and VIRU undertake to perform this Master Agreement in strict compliance with the statutory regulations in force and applicable environmental safety and protection standards, including but not limited to domestic legislation, international agreements executed by Peru or which are applicable, as well as any policy implemented or established on such matter by CAMPOSOL and VIRU. This obligation applies to the workers and/or employees and subordinates of CAMPOSOL and VIRU, as well as to their contractors, subcontractors, and subsidiaries. To that end, the parties undertake to carry out all the actions that are necessary to ensure such performance. In addition, both CAMPOSOL and VIRU undertake to employ the best practices and technology available in the market to minimize any risk against the environment. In the event either party becomes aware of the possible existence of damages to the environment, and without prejudice to the adoption of the measures required to mitigate such damages as soon as possible, it shall immediately notify the other party.