Common use of Management of Hazardous Substances Clause in Contracts

Management of Hazardous Substances. AMD or its Representatives, at its or their own expense, shall be solely responsible for the proper Handling of any Hazardous Substances associated with the Remediation Activities, and shall pay all fees and taxes and sign all waste manifests for any Hazardous Substances generated in connection with any Remediation Activity. AMD shall immediately notify FASL upon learning of any Release of a Hazardous Material at the Property that results from or is related to AMD’s or its Representatives’ access to and/or use of the Property (including any Remediation Activity) and shall promptly provide FASL copies of any notices, reports, documents or other communications to or from any Governmental Authority or other Person concerning any such Release. Such notification shall be made verbally within twenty-four (24) hours, and in writing within seventy-two (72) hours, of AMD’s knowledge of any such Release. AMD shall be solely responsible, at its own expense, for the proper cleanup, removal and/or remedy of any such Release in accordance with applicable Environmental Law, and shall indemnify and hold the AMD Protected Persons harmless from, and defend them against, any Losses arising out of or in any way related to any such Release.

Appears in 2 contracts

Sources: Remediation Agreement, Remediation Agreement (Spansion Inc.)