Examples of New Jersey Property in a sentence
Buyer shall, and shall cause the Company (post-Closing) to, afford the CSE Holders access to the New Jersey Property after the Closing for the purposes of implementing and/or completing the CSE Holders’ obligations under ISRA and the Remedial Actions.
The CSE Holders shall use commercially reasonable efforts to minimize any adverse impact the performance of the Remedial Actions may have on the Company’s or Buyer’s operation of the Business or use of the New Jersey Property.
Following completion of any phase of Remedial Actions at the New Jersey Property, the CSE Holders shall at their own expense restore the New Jersey Property to a substantially similar condition and state as it was in immediately prior to the commencement of such Remedial Actions, which restoration shall include closing the monitoring well(s) in accordance with all applicable regulations and repairing any damage or disturbance to the New Jersey Property caused by the Remedial Actions.
Whenever a carrier is declared insolvent, the New Jersey Property Liability Insurance Guaranty Association (NJPLIGA) is responsible for the defense of certain suits and payment of certain claims up to $300,000 per claim, after the claimant has exhausted all other insurance coverage.
There are no maintenance arrears owed to the condominium association with respect to the New Jersey Property that must be cured as a condition of assumption.