Cleanup Contractor definition
Examples of Cleanup Contractor in a sentence
Borrower shall diligently pursue the prevailing professional standards of quality, performance and timeliness that Cleanup Contractor would normally deliver for its third-party clients.
Borrower shall diligently seek to achieve timely and cost-effective performance by Cleanup Contractor under each GMP Agreement.
Borrower shall not terminate Cleanup Contractor unless Cleanup Contractor is simultaneously replaced with a Satisfactory Replacement Cleanup Contractor.
A GMP Agreement that requires Cleanup Contractor to Remediate all Identified Environmental Risks.
CCC will be responsible only for restoration of areas after the Cleanup Contractor has completed excavation and backfilling.
Borrower shall continue, and DMB shall cause Cleanup Contractor to continue, to allocate to such activities at least the same level of staffing and other resources (as determined by Subordinated Lender in Subordinated Lender's reasonable judgment) as were allocated thereto before the New Loan Termination.
All $40,000.00 of the Cost Share will be directed towards cleanup activities and the contractual agreement with the Cleanup Contractor.
If, in the judgment of the Incident Commander, such opportunity has been adequately provided, considering the conditions, the Incident Commander may authorize additional clean-up operations be carried out, if appropriate, by (1) the City/Town Public Works Department in which the incident occurred, (2) County Public Works for incidents in the unincorporated area, (3) California Department of Transportation for incidents on a State highway, or (4) a licensed Hazardous Waste Clean-up Contractor.
Borrower shall not waive, modify, amend, terminate or release Cleanup Contractor's obligations under any GMP Agreement, or to replace Cleanup Contractor, without Subordinated Lender's consent.
Notwithstanding anything to the contrary contained in this paragraph, the commencement of an involuntary case or other proceeding against the Cleanup Contractor shall not constitute an Event of Default under this Agreement, if within thirty (30) days after the commencement of such proceeding, Borrower has procured a Satisfactory Replacement Cleanup Contractor.