Active Facility definition
Examples of Active Facility in a sentence
Upon Seller's completion of any drilling or installation of any equipment to perform Remedial Action Work at any Active Facility, Seller shall restore the surrounding surface of such Active Facility affected by such drilling or installation to substantially the same condition which existed prior to such drilling or installation.
On Purchaser's reasonable request, Seller shall assist Purchaser in explaining such information to any lender or insurer of Purchaser or to any prospective purchaser of an Active Facility.
On Seller's request and at Seller's cost, Purchaser will record in the appropriate governmental records any declaration or agreement of restrictive covenant to impose use restrictions necessary to implement an Exposure Restriction required by Remedial Action Work at any Active Facility.
The indemnification obligations of Seller under this Agreement shall also not apply to the extent that such indemnification is dependent on access to an Active Facility for Remedial Action Work and Seller or its contractors are not provided such access.
Exposure Restrictions shall run with the land for the benefit of the Seller Entities and shall bind Purchaser, its successors, assigns and all future owners of such Active Facility, and their respective directors, officers, employees, contractors, agents, representatives, lessees, licensees, invitees, and any user or occupant of all or any portion of such Active Facilities, and shall continue after the Sign-Off Date, unless and until released as set forth in this Section.
Promptly upon Seller's completion of Remedial Action Work at any Active Facility, and to the extent permitted by Environmental Law, Seller shall decommission all monitoring wells and remove all equipment installed by Seller to perform such Rem▇▇▇▇▇ Action Work, and restore the surface of the Active Facility to substantially the same condition which existed immediately prior to such removal.
Marketplace Partner will pay PointClickCare the fees set forth in Appendix A for each Active Facility in accordance with the terms of this Agreement.
Without prejudice to the generality of Clauses 6.1 and 6.2, for the purpose of monitoring the amount of Flexibility Services delivered from a Flexible Unit, the Provider shall include minute by minute data associated with each Active Facility covering a period of time satisfactory to the Company in the Performance Report.
Promptly upon Seller's completion of Remedial Action Work at any Active Facility, and to the extent permitted by Environmental Law, Seller shall decommission all monitoring ▇▇▇▇▇ and remove all equipment installed by Seller to perform such Remedial Action Work, and restore the surface of the Active Facility to substantially the same condition which existed immediately prior to such removal.
The terms and provisions of this Agreement shall survive the Closing of this transaction and the filing of record of the Deed for any Active Facility.