Bona fide prospective purchaser definition

Bona fide prospective purchaser means a person who acquires ownership of a property after July 1, 2011, and establishes by a preponderance of the evidence that:

Bona fide prospective purchaser means a person who acquires ownership, or proposes to acquire

Bona fide prospective purchaser means a person who acquires ownership, or proposes to acquire ownership, of real property affected by defective drywall.

Examples of Bona fide prospective purchaser in a sentence

• The Yerington mine site is a Comprehensive Environmental Response Compensation and Liability Act (“CERLA”) site, but has not been listed on the National Priorities List.Prior to closing on the property, the Company obtained Bona Fide Prospective Purchaser (“BFPP”) Reasonable Steps letters from the US Environmental Protection Agency (“EPA”), the State of Nevada Department of Environmental Protection (“NDEP”) and the Bureau of Land Management (“BLM”).

• Prior to closing on the property, the Company obtained Bona Fide Prospective Purchaser (“BFPP”) Reasonable Steps letters from the US Environmental Protection Agency (“EPA”), the State of Nevada Department of Environmental Protection (“NDEP”) and the Bureau of Land Management (“BLM”).

• The Yerington Mine Site is a Comprehensive Environmental Response Compensation and Liability Act (“CERLA”) site, but has not been listed on the National Priorities List.Prior to closing on the property, the Company obtained Bona Fide Prospective Purchaser (“BFPP”) Reasonable Steps letters from the US Environmental Protection Agency (“EPA”), the State of Nevada Department of Environmental Protection and the Bureau of Land Management (“BLM”).

• With the issuance of the Notice of Completion, SPS believes it does not have further obligations under the Agreement, except for those as a landowner and as a Bona Fide Prospective Purchaser.

• SPS has a 'Covenant Not to Sue' with the EPA, and believes it qualifies for the 'Bona Fide Prospective Purchaser Defense' to CERCLA liability.

More Definitions of Bona fide prospective purchaser

Bona fide prospective purchaser means a person (or a tenant of a person) who acquires ownership of a facility after October 1, 2009, and establishes each of the following by a preponderance of the evidence:

Bona fide prospective purchaser means a person or a tenant of a person who acquires ownership, or proposes to acquire ownership, of real property after the release of hazardous substances occurred;

Bona fide prospective purchaser means an intentional purchaser of a Contaminated-Site, who had documented their intent to purchase the property in writing and who has offered to pay fair market value for the property in the contaminated state. Any former Owner, former Operator or other Person who is otherwise a Responsible Party or any Person who had more than ten percent (10%) equitable or other legal interest in any property impacted by the Contaminated-Site or any of the operations related to the contamination cannot be considered as a Bona Fide Prospective Purchaser. Parties meeting these requirements above as a Bona Fide Prospective Purchaser may petition the Department prior to property purchase, for a certificate to formalize their exemption status under R.I. Gen. Laws § 23-19.14-7.

Bona fide prospective purchaser means a person who acquired ownership of contaminated real property after January 11, 2002 which the person knew to be contaminated at the time of acquisition and can establish each of the following:

Bona fide prospective purchaser or “BFPP” shall mean a person as described in CERCLA § 101(40).

Bona fide prospective purchaser means an intentional purchaser of a Contaminated- Site, who had documented their intent to purchase the property in writing and who has offered to pay fair market value for the property in the contaminated state. Any former owner, former operator or other Person who is otherwise a Responsible Party or any Person who had more than ten percent (10%) equitable or other legal interest in any property impacted by the Contaminated-Site or any of the operations related to the contamination cannot be considered as a Bona Fide Prospective Purchaser.

Bona fide prospective purchaser means a person that acquires ownership of a property after the effective date of this section and establishes by a preponderance of the evidence that: