Omaha, Nebraska Property Sample Clauses

Omaha, Nebraska Property. Nashua has performed remediation of toluene at the Omaha, Nebraska plant site under the administrative order on consent between the Company and the EPA (Region 7). The clean up was accomplished through the use of a high vacuum dual phase remediation system. The Company is currently working towards a formal site closure with the EPA. The estimated cost for future testing is in the range between $154,000 and $200,000. The environmental reserve for Omaha is $197,000. The EPA has raised the issue of financial assurance in the form of a letter of credit relating to future testing once the site goes to natural attenuation. We believe that this issue was addressed with the EPA in 2003. The Statement of Basis relative to natural attenuation has been approved by the EPA. The Record of Decision was issued by the EPA on September 27, 2007. A Corrective Measures Implementation Work Plan, CMI Health and Safety Plan, CMI Operation and Maintenance Plan and CMI Community Relations Plan were provided to the EPA on December 17, 2007. On July 9, 2008, the EPA issued a letter indicating that it had completed its review of the draft Corrective Measures Implementation (CMI) Work Plan, CMI Operation and Maintenance Plan, CMI Community Relations Plan and CMI Health and Safety Plan. The EPA’s review of the documents did not generate any substantive comments. Final plans were submitted on August 14, 2008. Annual monitoring as outlined in the plan will commence between September and November 2008. The EPA has contacted the Company relative to the issuance of financial assurance via a letter of credit which was required under the original consent decree. It is estimated that the letter of credit will approximate $200,000.
Sample 1
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Omaha, Nebraska Property. Nashua Corporation has performed remediation of tolulene at the Omaha, Nebraska plant site under the administrative order on consent between the Company and the EPA (Region 7). The clean up was accomplished through the use of a high vacuum dual phase remediation system, which has been removed from the site. The Company is currently working towards a formal site closure with the EPA. It appears that a monitored natural attenuation remedy will be the remedy of choice for the EPA with a more active and extensive monitoring program over the next five years. The estimated cost for completion ranges between $203,000 and $484,000. SCHEDULE 9.16 REAL PROPERTY Owned
Sample 1

Related to Omaha, Nebraska Property

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  • Partnership Property All property, real, personal, tangible, intangible, or mixed, acquired by or contributed to the Partnership shall be owned by the Partnership and titled in its name and such property shall not be owned individually by any Partner. Each Partner acknowledges and agrees that the System and all elements thereof, are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Proprietary Marks are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Partnership shall not acquire or own any land or buildings. Any land or buildings used in the Partnership business shall be acquired and owned by the Company or an Affiliate of the Company and leased to the Partnership at reasonable rates and terms, and such land and buildings shall not be Partnership property.

  • Real Property; Personal Property (a) Neither the Company nor any of its Subsidiaries owns any real property.

  • Massachusetts Business Trust With respect to any Fund which is a party to this Agreement and which is organized as a Massachusetts business trust, the term “Fund” means and refers to the trustees from time to time serving under the applicable trust agreement of such trust, as the same may be amended from time to time (the ‘Declaration of Trust”). It is expressly agreed that the obligations of any such Fund hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Fund personally, but bind only the trust property of the Fund as set forth in the applicable Declaration of Trust. In the case of each Fund which is a Massachusetts business trust (in each case, a “Trust”), the execution and delivery of this Agreement on behalf of the Trust has been authorized by the trustees, and signed by an authorized officer, of the Trust, in each case acting in such capacity and not individually, and neither such authorization by the trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually, but shall bind only the trust property of the Trust as provided in its Declaration of Trust.

  • Owned and Leased Real Properties (a) Neither Public Company nor any of its Subsidiaries owns or has ever owned any real property.

  • Cooperative Property The real property and improvements owned by the Cooperative Corporation, that includes the allocation of individual dwelling units to the holders of the Cooperative Shares of the Cooperative Corporation.

  • Real Properties The Company does not have an interest in any real property, except for the Leases (as defined below).

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