Audiovox 2012 Annual Report Download - page 241

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Except as could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect:
(a) The facilities and properties owned, leased or operated by the Credit Parties or any of their Subsidiaries (the
“Properties”) do not contain any Materials of Environmental Concern in amounts or concentrations which (i) constitute a
violation of, or (ii) could give rise to liability on behalf of any Credit Party under, any Environmental Law.
(b) The Properties and all operations of the Credit Parties and/or their Subsidiaries at the Properties are in compliance,
and have in the last five years been in compliance, with all applicable Environmental Laws, and there is no contamination at,
under or about the Properties or violation of any Environmental Law with respect to the Properties or the business operated by
the Credit Parties or any of their Subsidiaries (the “ Business”).
(c) Neither the Credit Parties nor their Subsidiaries have received any written or actual notice of violation, alleged
violation, non‑compliance, liability or potential liability on behalf of any Credit Party with respect to environmental matters or
Environmental Laws regarding any of the Properties or the Business, nor do the Credit Parties or their Subsidiaries have
knowledge or reason to believe that any such notice will be received or is being threatened.
(d) Materials of Environmental Concern have not been transported or disposed of from the Properties in violation of,
or in a manner or to a location that could give rise to liability on behalf of any Credit Party under any Environmental Law, and no
Materials of Environmental Concern have been generated, treated, stored or disposed of at, on or under any of the Properties in
violation of, or in a manner that could give rise to liability on behalf of any Credit Party under, any applicable Environmental
Law.
(e) No judicial proceeding or governmental or administrative action is pending or, to the knowledge of the Credit
Parties and their Subsidiaries, threatened, under any Environmental Law to which any Credit Party or any Subsidiary is or will
be named as a party with respect to the Properties or the Business, nor are there any consent decrees or other decrees, consent
orders, administrative orders or other orders, or other administrative or judicial requirements outstanding under any
Environmental Law with respect to the Properties or the Business.
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