Adverse Environmental Conditions. If a Defect is an Adverse Environmental Condition, then the Defect Value thereof shall be the costs and expenses reasonably necessary to remediate such Adverse Environmental Condition.
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Samples: Purchase and Sale Agreement (Penn Virginia Corp), Purchase and Sale Agreement (Penn Virginia Corp), Purchase and Sale Agreement (Penn Virginia Corp)
Adverse Environmental Conditions. If a Defect is an Adverse Environmental Condition, then the Defect Value thereof shall be the costs and expenses reasonably necessary to investigate, remediate and/or correct such Adverse Environmental ConditionCondition in a manner acceptable to the applicable Governmental Authority and consistent with applicable Environmental Laws.
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