Storage Tank Clause Samples

A Storage Tank clause defines the terms and conditions related to the use, maintenance, and responsibility for storage tanks within the scope of an agreement. It typically outlines who owns or operates the tank, requirements for inspection and maintenance, and procedures for addressing leaks or contamination. For example, the clause may specify that the lessee is responsible for regular inspections and for promptly reporting any issues. The core function of this clause is to allocate responsibility and mitigate risks associated with the storage and handling of potentially hazardous materials.
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Storage Tank. To Seller's knowledge, Schedule 4.23, ------------ together with the Environmental Assessments to be delivered, sets out the past and present underground and above ground tanks at the Facilities.
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Storage Tank. The Aluminum Sulfate shall be delivered and transferred into two (2) Manatee County Water Treatment Plant storage tanks. Tanks are 20,000-gallon capacity ASME grade and have inter-connecting piping to allow for storage/usage flexibility.
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Storage Tank. The anhydrous ammonia shall be delivered and transferred into two
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Storage Tank. The Sellers, at their cost, shall register the 12,000 gallon underground storage tank ("UST") located at the Hospital with KDP Underground Storage Tank Branch, conduct intrusive testing at the site of the UST, shall remove the UST from the Real Property and take appropriate remedial actions with respect to the UST and shall replace the UST with an above-ground 12,000 gallon storage tank suitable for storage of fuel oil or diesel, all prior to Closing. This is a condition to the Buyer's obligation to close the transaction. To the extent such actions have not been taken or paid for by Sellers as of Closing, and Buyer, in its sole discretion, is willing to proceed with the Closing, the cost of same shall be included in the Environmental Remedial Cost.
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Storage Tank. Except as set forth on Schedule 4.24, there is not now and has not been at any time in the past any underground or above-ground storage tank at any Facility where the installation, use, maintenance, repair, testing, closure or removal of such tank was not in compliance with all Environmental Laws and there has been no Release from or rupture of any such tank, including without limitation any Release from or in connection with the filling or emptying of such tank.
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Related to Storage Tank

  • Storage Tanks If storage tanks storing Hazardous Materials located on the Premises or the Project are used by Tenant or are hereafter placed on the Premises or the Project by Tenant, Tenant shall install, use, monitor, operate, maintain, upgrade and manage such storage tanks, maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, properly close any storage tanks, and take or cause to be taken all other actions necessary or required under applicable state and federal Legal Requirements, as such now exists or may hereafter be adopted or amended in connection with the installation, use, maintenance, management, operation, upgrading and closure of such storage tanks. Notwithstanding anything to the contrary contained herein, Tenant shall have no right to use or install any underground storage tanks at the Project.

  • Underground Storage Tanks In accordance with the requirements of Section 3(g) of the D.C. Underground Storage Tank Management Act of 1990, as amended by the District of Columbia Underground Storage Tank Management Act of 1990 Amendment Act of 1992 (D.C. Code § 8-113.01, et seq.) (collectively, the “UST Act”) and the applicable D.C. Underground Storage Tank Regulations, 20 DCMR Chapter 56 (the “UST Regulations”), District hereby informs the Developer that it has no knowledge of the existence or removal during its ownership of the Property of any “underground storage tanks” (as defined in the UST Act). Information pertaining to underground storage tanks and underground storage tank removals of which the D.C. Government has received notification is on file with the District Department of the Environment, Underground Storage Tank Branch, ▇▇ ▇ ▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, telephone (▇▇▇) ▇▇▇-▇▇▇▇. District’s knowledge for purposes of this Section shall mean and be limited to the actual knowledge of ▇▇▇▇▇▇ ▇▇▇▇▇, Property Acquisition and Disposition Division of the Department of Housing and Community Development, telephone no. (▇▇▇) ▇▇▇-▇▇▇▇. The foregoing is set forth pursuant to requirements contained in the UST Act and UST Regulations and does not constitute a representation or warranty by District.

  • Underground Tanks If underground or other storage tanks storing Hazardous Materials located on the Premises or the Project are used by Tenant or are hereafter placed on the Premises or the Project by Tenant, Tenant shall install, use, monitor, operate, maintain, upgrade and manage such storage tanks, maintain appropriate records, obtain and maintain appropriate insurance, implement reporting procedures, properly close any underground storage tanks, and take or cause to be taken all other actions necessary or required under applicable state and federal Legal Requirements, as such now exists or may hereafter be adopted or amended in connection with the installation, use, maintenance, management, operation, upgrading and closure of such storage tanks.

  • Pipelines Developer shall have no interest in the pipeline gathering system, which gathering system shall remain the sole property of Operator or its Affiliates and shall be maintained at their sole cost and expense.

  • Underground Facilities All underground pipelines, conduits, ducts, cables, wires, manholes, vaults, tanks, tunnels, or other such facilities or attachments, and any encasements containing such facilities, including without limitation those that convey electricity, gases, steam, liquid petroleum products, telephone or other communications, cable television, water, wastewater, storm water, other liquids or chemicals, or traffic or other control systems.