Examples of Pre-Closing Environmental Conditions in a sentence
Dispute Between “Sophisticated” Commercial Seller and Buyer Regarding Buyer’s Knowledge of Pre-Closing Environmental Conditions A federal district court in North Carolina, in Metropolitan Group, Inc.
Beginning on the twentieth (20th) anniversary of the Closing Date, SPI’s obligation to defend, indemnify, and hold harmless the Renegy Indemnitees for Pre-Closing Environmental Conditions shall expire, except with regard to Remediation projects then underway.
The term "Pre-Closing Environmental Conditions" shall mean any and all conditions of any Owned Real Property, Leased Real Property, or any other property formerly owned or leased by Gold Xxxx as a part of the Inputs Business, or that is attributable to the operations or properties of Xxxxx X.
The Company acknowledges and agrees that neither Member shall have any obligation to (i) conduct or pay for any voluntary actions with respect to the Pre-Closing Environmental Conditions beyond that necessary for continuation of the applicable property’s use as of the Closing Date or otherwise mandated by applicable Environmental Laws or (ii) accelerate its respective Remediation Programs ahead of any legally mandated schedule.
Valero represents and warrants that, as of the Closing Date, Valero is not actually aware of any Pre-Closing Environmental Conditions for which Valero believes there would be a duty to report on the Closing Date, except to the extent that Mobil has already reported the same to a Governmental Entity.