Retained Sites definition
Examples of Retained Sites in a sentence
There is no condemnation or other proceeding in eminent domain, pending or, to the Knowledge of TDCC, threatened affecting the Retained Sites or any portion thereof or interest therein, including the Transferred Facilities thereon.
For the avoidance of doubt, as part of the Restructurings, Parent shall cause its Affiliates (i) to transfer the ownership of all Business Assets located at the Leased Sites to the Transferred Companies (or, upon Buyer’s reasonable request, at Closing to Buyer or its designated Affiliates); and (ii) exclude the Retained Sites and the Retained Companies from the Assets of the Transferred Companies.
During the Solutia Payment Period, the Environmental Committee shall be entitled to review the books and records of Solutia at reasonable times and upon prior written notice to ensure the proper allocation of costs between Retained Sites and Shared Sites.
With respect to any matter arising under Clauses 12.7 to 12.9, including in the event of any dispute between the Parties, each Party undertakes to provide promptly to the other all relevant documentation or other information in that Party’s possession or control in connection with the Retained Sites or Transferred Sites (including any data in relation to Pre-Closing Contamination or any site wide remediation), which is reasonably requested by the other Party [***].
In connection with Environmental Remediation at the Retained Sites and Legacy Sites, Solutia shall provide Monsanto with the reasonable use of Solutia property and Monsanto shall provide Solutia with the reasonable use of Monsanto property, for management of material generated by such Environmental Remediation; provided, that such use of property will not have a material adverse impact on Solutia and/or Monsanto, as the case may be.