Common Contracts
1 similar Settlement Agreement contracts
24584 Federal Register / Vol. 72, No. 85 / Thursday, May 3, 2007 / NoticesSettlement Agreement • January 6th, 2022
Agreement, the Settling Party will pay the entire proceeds of an insurance claim in the amount of $672,397 to EPA and NJDEP and transfer title to the Property to EPA. The Settling Party will remit 85% of the insurance proceeds to EPA and 15% of the proceeds to NJDEP. In exchange, EPA will grant a covenant not to sue or take administrative action against the Settling Party for reimbursement of past or future response costs pursuant to Section 107(a) of CERCLA.
