James J. Periconi, Esq. | April 1, 2008
A typical provision states: “Except as set forth in schedule x.x and except for violations which would not have a Material Adverse Effect, seller is not and has not been in violation of any Environmental Requirements.
Category: Environmental Due Diligence, Real Estate Transactions & Environmental Law |
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Tags: environmental requirements, groundwater contamination, material adverse effect, remediation order, seller relating, soil
James J. Periconi, Esq. | March 30, 2008
Typically the preamble for the representations and warranties will state that they are made to induce the buyer to purchase or the lender to make the loan contemplated. 1. Although buyer prefers seller’s representations and warranties to be absolute, seller will want to make them
Category: Environmental Due Diligence, Real Estate Transactions & Environmental Law |
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Tags: best knowledge, buyer, diligent inquiry, knowledge, lender, loan contemplated, material adverse effect, purchase, seller, sellers, warranties
James J. Periconi, Esq. | March 27, 2008
Material Adverse Effect: In a sale of any ongoing business, one way to address the difficulty of being absolute in the representations and warranties when in fact the parties are not concerned about
Category: Environmental Due Diligence, Real Estate Transactions & Environmental Law |
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Tags: Adverse environment condition, adverse environmental conditional, buyer, damages, environmental requirements, hazardous materials, material adverse effect, real estate, SEC, seller