NORM and Asbestos Clause Samples
The 'NORM and Asbestos' clause addresses the management and responsibility for Naturally Occurring Radioactive Materials (NORM) and asbestos within the scope of a contract. It typically outlines the procedures for identifying, handling, and disposing of these hazardous materials if they are encountered during project activities, and may assign responsibility for compliance with relevant health, safety, and environmental regulations. This clause is essential for ensuring that both parties understand their obligations regarding hazardous substances, thereby minimizing health risks and legal liabilities associated with their presence or disturbance.
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NORM and Asbestos. Some production equipment may contain asbestos or NORM. In this regard, the Parties expressly understand that NORM may affix or attach itself to the inside of ▇▇▇▇▇, materials and equipment as scale or in other forms, that said ▇▇▇▇▇, materials and equipment located on the Lands or included in the Assets described herein may contain NORM and that NORM containing material may have been buried or otherwise disposed of on the Lands. Buyer and Seller also expressly understand that special procedures may be required for the Remediation, removal, transportation and disposal of asbestos or NORM from the Assets and Lands where such material may be found and that, after Closing, Buyer assumes all liability for or in connection with the assessment, containment, removal, Remediation, transportation and disposal of any such materials, in accordance with all existing or future applicable laws, rules, regulations and other requirements of any governmental or judicial bodies having jurisdiction and also with the terms and conditions of all applicable leases and other contracts. For purposes of this Agreement asbestos and NORM contaminated pipe, tubing, well and other equipment and materials that does not meet or exceed actionable levels of contamination or does not meet the requirements for a Non-De Minimus Environmental Defect shall not be an Environmental Defect.
NORM and Asbestos. Some production equipment may contain asbestos and/or naturally-occurring radioactive material (“NORM”). In this regard, Buyer and Seller expressly understand that NORM may affix or attach itself to the inside of ▇▇▇▇▇, materials and equipment as scale or in other forms, that said ▇▇▇▇▇, materials and equipment located on or associated with the Assets or the Wapiti Non-Producing Interests may contain NORM and that NORM-containing material may have been buried or otherwise disposed of on the Assets or the Wapiti Non-Producing Interests. Buyer and Seller also expressly understand that special procedures may be required for the Remediation, removal, transportation and disposal of asbestos or NORM from the Assets or the Wapiti Non-Producing Interests where such material may be found and that, upon Closing and subject to Buyer’s rights in this Article 5, Buyer assumes all liability for or in connection with the assessment, containment, removal, Remediation, transportation and disposal of any such materials, in accordance with all past, present or future applicable laws, rules, regulations and other requirements of any governmental or judicial entities having jurisdiction and also with the terms and conditions of all applicable leases and other contracts.
NORM and Asbestos. The Contract Sum and the Work to be performed hereunder shall include the proper disposal of any naturally occurring radioactive material (“NORM”) or asbestos attributable to the Facilities in accordance with all applicable Laws.
NORM and Asbestos. Some production equipment may contain asbestos and/or NORM. In this regard Buyer and Sellers expressly understand that NORM may affix or attach itself to the inside of ▇▇▇▇▇, materials and equipment as scale or in other forms, that said ▇▇▇▇▇, materials and equipment located on or associated with the Assets may contain NORM and that NORM containing material may have been buried or otherwise disposed of on the Assets. Buyer and Sellers also expressly understand that special procedures may be required for the Remediation, removal, transportation and disposal of asbestos or NORM from the Assets where such material may be found and that, if the Closing occurs, Buyer assumes all liability for or in connection with the assessment, containment, removal, Remediation, transportation and disposal of any such materials, in accordance with all past, present or future applicable laws, rules, regulations and other requirements of any governmental or judicial entities having jurisdiction and also with the terms and conditions of all applicable leases and other contracts.