Natural Resource Damages Threshold Amount Sample Clauses

Natural Resource Damages Threshold Amount. If, at any time in the future, the aggregate total amount or value of damages and other relief paid or performed by any one or more of the Parties to or on behalf of any one or more Non-Party NRD Claimant to resolve a Claim or Claims brought, filed, or otherwise asserted by such Non-Party NRD Claimant(s) for Natural Resource Damages equals or exceeds Nine Million Dollars ($9,000,000.00) (the “NRD Threshold Amount”), any Party shall then be entitled, and hereby reserves the right, notwithstanding any release or covenant not to xxx set forth elsewhere in this Agreement, to seek recovery or other appropriate relief from any other Party for damages paid or the value of other relief performed in excess of the NRD Threshold Amount.
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Related to Natural Resource Damages Threshold Amount

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  • Pollution Liability Contractors shall provide proof of pollution liability insurance arising out of all operations of the Contractors and subcontractors, due to discharge, dispersal, release, or escape of contaminants or pollutants into or upon land, the atmosphere or any watercourse or body of water with bodily injury and property damage limits of not less than $1,000,000 per occurrence and $2,000,000 annual aggregate for:

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