Example ContractsClausesEnvironmental Indemnity
Environmental Indemnity
Environmental Indemnity contract clause examples

Keep any property either owned or operated by Borrowers or their Subsidiaries free of any Environmental Liens or post bonds or other financial assurances sufficient to satisfy the obligations or liability evidenced by such Environmental Liens,

Environmental. As soon as possible and in any event within 15 days after receipt by , a copy of # any notice or claim to the effect that or any of its Subsidiaries is or may be liable to any Person as a result of the release by , any of its Subsidiaries, or any other Person of any toxic or hazardous waste or substance into the environment and # any notice alleging any violation of any Environmental Law by or any of its Subsidiaries, which, in either case, could reasonably be expected to have a Material Adverse Effect.

Environmental. Each Borrower will, and will cause each of its Subsidiaries to,

Environmental Indemnity” shall mean each environmental indemnity made by each Credit Party with Real Property required to be pledged as Collateral in favor of the Administrative Agent for the benefit of the Creditors, in each case in form and substance satisfactory to the Administrative Agent.

Environmental Indemnity Agreement” shall have the meaning provided in Section 5.14.

Environmental Indemnity” shall mean that certain Environmental Indemnity Agreement, dated as of the date hereof, executed by and Guarantor in connection with the Loan for the benefit of , as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Hazardous Substances” shall have the meaning set forth in the Environmental Indemnity.

None of the Target Companies have by Contract assumed, undertaken, or provided an indemnity with respect to any material or potentially material liability of any other Person arising under Environmental Laws and no claim is pending, or to the Knowledge of the Sellers, threatened related to any environmental indemnity obligation.

Contractor Indemnity. Subject to Article 18.3 herein, the Contractor, at its own expense, shall defend, indemnify and hold Customer, its permitted assignees, Customer’s Affiliates and the employees of any of them who have responsibility with respect to the Rivada Program, and their respective Directors, officers, employees, and their contractors, subcontractors, Consultants, and agents for actions taken in their capacities as providers of services with respect to the Rivada Program (collectively, for purposes of this Article 18.1, “Customer Indemnitees”) harmless from any loss, damage, liability or expense (including court costs and legal fees) resulting from damage to property, including but not limited to the property of Customer Indemnitees, and from personal injury, and death, to all persons, including, but not limited to, employees of the Contractor or of its Subcontractors, employees of Customer or Customer’s Affiliates and of all other persons performing any of the Work hereunder, arising from any occurrence caused by any act or omission, negligent or otherwise, of the Contractor, or its subcontractors at any tier, or its directors, officers, employees, agents, or any of them or for which they are legally liable, and at its expense shall defend any actions brought against Customer Indemnitees, or any of them, in connection therewith and shall pay all expenses and satisfy all judgments which may be incurred by or rendered against them or any of them in connection therewith. Customer shall give the Contractor prompt notice of

ADDITIONAL INDEMNITY.Loss to or liability of Director” as used in this Agreement shall include any and all fees and expenses (including attorneys' fees), judgments, fines, penalties and amounts paid in settlement actually and reasonably incurred by Director or his or her spouse in connection with any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, investigative or otherwise (including specifically an action by or in the right of the Corporation) to which Director is, was or at any time becomes a party, or is threatened to be made a party, by reason of the fact that Director is, was or at any time becomes a director, officer, employee or agent of Corporation, or is or was serving or at any time serves at the request of Corporation as a director, officer, employee, trustee, or agent of another corporation, partnership, joint venture, trust or other enterprise.

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