Examples of Seller Environmental Liabilities in a sentence
Seller Environmental Liabilities" shall have the meaning assigned thereto in Section 14.2.
After the Initial Closing Date, with respect to Environmental Liabilities which constitute Excluded Liabilities (the "Seller Environmental Liabilities"), the Buyer will use Commercially Reasonable Efforts not to prejudice or impair the rights of any Seller under Environmental Laws or interfere with the ability of any Seller to contest in appropriate administrative, judicial or other proceedings its liability, if any, for Environmental Claims or Remediation.
Notwithstanding anything to the contrary in this Section 7.7 Buyer and Seller shall cooperate to discharge in accordance with applicable Environmental Laws any removal, Response Actions and similar activities required to address matters that are both Seller Environmental Liabilities and Buyer Environmental and Facilities Liabilities, subject to Buyer’s and Seller’s respective rights to indemnification under Section 8.2(a)(vi) and Section 8.2(b)(iv).
Buyer shall be responsible for all Environmental Liabilities that are not Seller Environmental Liabilities (“Buyer Environmental Liabilities”).
Seller, at Seller's sole choice, may, by timely notice to Buyer, supervise and perform any remediation on any property of Buyer or any property contiguous to a property of Buyer with respect to any Seller Environmental Liabilities for which Seller is responsible for at least 50% of the estimated Environmental Liabilities of such remediation, subject to Buyer's oversight and approval and mutually acceptable access agreements.