Environmental Covenants definition
Examples of Environmental Covenants in a sentence
City expressly advises Developer that the Developer Parcel is subject to certain Environmental Covenants of record and a Declaration of Restrictions recorded June 20, 2013 as 2013-00043376 ▇▇▇▇▇▇▇▇▇▇ County Records.
The Declaration of Environmental Restriction and ------------------------- Other Environmental Covenants and Conditions in the form of the attached Exhibit "B".
Each party’s obligation to indemnify the other under Section 21 and Tenant’s Environmental Covenants under Section 25 shall survive the termination or expiration of this Lease.
The Port may draw upon the Financial Assurance at any time to satisfy any of the unfulfilled obligations under, to remedy any violation of, or to pay damages for violation of the Environmental Covenants.
The obligations and rights of Komag and Company with respect to (i) Seller's Retained Environmental Liabilities and (ii) the representations made in Section 3.22 hereof (collectively the "Environmental Covenants") are in addition to, independent from, and severable from the rights and obligations of the Parties under all other provisions of this Agreement.
Seller acknowledges that the VRAP No Further Action Assurance and/or Certificate of Completion may provide that liability is conditioned on recording of such documents and on adopting and recording activity and use limitations in the form of an Environmental Covenant pursuant to the Uniform Environmental Covenants Act, 38 M.R.S.A. § 3001 et seq., which shall be drafted by Buyer.
The Environmental Covenants shall survive the sale, transfer, assignment, or hypothecation of any ownership interest in a party benefited hereby or obligated hereunder and the sale, transfer, assignment, or hypothecation of the Acquired Assets or any Media Business Facility, or any portion thereof or interest therein, by Komag to any Person.
If there is a dispute over whether a particular Environmental Condition existed before the Closing Date or the scope or adequacy of any Remediation required under the Environmental Covenants, the parties agree to attempt to resolve the matters in dispute within sixty days from the date either party gives notice of the dispute to the other.
The Landlord’s and the Tenant’s indemnity obligation under Section and Tenant’s Environmental Covenants under Section shall survive the termination or expiration of this Lease.
This Environmental Covenant is executed pursuant to the Pennsylvania Uniform Environmental Covenants Act, Act No. 68 of 2007, 27 Pa. C.S. §§ 6501 – 6517 (UECA).