Cleanup Liability definition
Examples of Cleanup Liability in a sentence
For the purposes of the previous sentence, any Hazardous Materials found in the soil or groundwater on any property currently occupied by the Company shall automatically be deemed to be likely to result in Company Clean-up Liability.
Unless otherwise agreed by the Parties, the indemnifying Party shall assume the defense of the indemnified Claim, Environmental Claim or Environmental Cleanup Liability.
Purchaser agrees that if Seller is unsuccessful in becoming the primary and exclusive signatory, and if Purchaser is otherwise required by law, Purchaser will become a signatory to any consent orders, consent decrees or settlements and will become, and maintain its status as, a signatory to any permits required to be issued after the Closing, in each case to the extent related to Pre-Closing Environmental Claims or Pre-Closing Environmental Cleanup Liability.
Anything herein to the contrary notwithstanding, any Claim Notice hereunder involving Environmental Cleanup Liability or Environmental Claims which, despite Purchaser's reasonable efforts, does not cite, or which mistakenly cites, an Environmental Law, shall not be deemed inadequate, improper or deficient because of such failure or mistake.
Once unocal's Environmental Cleanup Liability is satisfied, Purchaser shall add or substitute its name on any consent order or Workplan and will provide adequate bond letter of credit or other security as determined by the relevant authorities which shall be sufficient to allow Unocal to remove or cancel any such bond, letter of credit or other security it has in effect.
Further, with respect to any Environmental Cleanup Liability that arises in connection with underground storage tanks at any of the Locations that are located in a State that has an underground storage tank remediation reimbursement fund, the liability of the Shareholders for Damages shall be limited to the amounts not reimbursed to E-Z Serve pursuant to such fund.
Notwithstanding any provision of this Agreement or the Escrow Agreement to the contrary, the obligations of each of the Companies and the Shareholder to indemnify and hold MTLM harmless with respect to the Cleanup Liability shall not be limited to the amounts held pursuant to the Cleanup Escrow Agreement.
From and after the Closing, Developer shall defend, indemnify and hold harmless City and the City Parties from and against any and all Environmental Claims, Environmental Cleanup Liability, and/or Environmental Compliance Costs resulting directly from Developer’s violation of Environmental Laws.
The fish damage assessment recommended by Michigan DNR is based on a CERCLA (Comprehensive Environment Response and Cleanup Liability Act of 1980, P.L. 96-510) methodology.
For the purposes of this Agreement, any Loss resulting from a breach of the representation in Section 2.18(a) regarding Company Clean-up Liability shall be subject to this Section 7.2(n).