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Contaminated Property definition

Contaminated Property means a Property or Properties that have been the subject of a Phase Two Environmental Site Assessment conducted in accordance with Part XV.1 of the Environmental Protection Act, RSO 1990, c E.19 the results of which confirm that there are contaminant levels in the soil and/or groundwater in excess of applicable standards for that type and location of property as set out in the “Soil, Ground Water and Sediment Standards for Use Under Part XV.1 of the Environmental Protection Act” issued by the Ministry of the Environment (as it was then) dated April 15, 2011.
Contaminated Property means any real property owned, leased, or held by the Failed Bank
Contaminated Property shall have the meaning given to that term in Paragraph (e) of Article 10 hereof.

Examples of Contaminated Property in a sentence

  • Title to Contaminated Property should not be acquired, and businesses that use Hazardous Substances or are located on Contaminated Property should not be taken over, unless despite the risk of incurring liability as an owner or operator, a prudent lender would do so based on the estimated net recovery.

  • Lenders must obtain SBA’s prior written consent before taking title to Contaminated Property or taking over the operation of a business that uses Hazardous Substances or is located on Contaminated Property regardless of whether the Borrower owns the Property.

  • A summary of the department's brownfield-related efforts and activities within the Office of Brownfield Remediation and Development established pursuant to subsections (a) to (f), inclusive, of section 32-9cc in the preceding state fiscal year, except for activity under the Special Contaminated Property Remediation and Insurance Fund program.

  • The Department of Economic and Community Development (DECD) and the Department of Environmental Protection (DEP) jointly administer the new Special Contaminated Property Remediation and Insurance Fund (SCPRIF).

  • Contaminated Property Equipment/supplies that have been exposed to toxic or radioactive materials, chemicals or other waste products which render them unsafe for use.


More Definitions of Contaminated Property

Contaminated Property means property that has been or is currently disposed of in
Contaminated Property means any inhabitable property that has been used to manufacture methamphetamine and has been assessed as containing methamphetamine contamination;
Contaminated Property. ’ means a property located in the study area that is, or may be, subject to remediation pursuant to Chapter 6.10 (commencing with Section 25401) of Division 20 .
Contaminated Property shall have the meaning ascribed to such term in SECTION 7.1(b) herein. "Estimated Plan Cost" shall have the meaning ascribed to such term in SECTION 7.1(a) herein.
Contaminated Property means real property in a project area that is:
Contaminated Property means a property located in the study area that is, or may be, subject to remediation pursuant to Chapter
Contaminated Property as used in these guidelines, means property contaminated by hazardous chemicals.