Costs of Remediation definition

Costs of Remediation means all losses, amounts paid in settlement, investigation, removal, remediation, monitoring and reporting costs and expenses, Taxes, claims, Damages, Liabilities, obligations, judgments, settlements and out-of-pocket costs (including, without limitation, costs of investigation or enforcement), expenses and attorneys' fees including, without limitation, fees for services of attorneys, consultants, contractors, experts, engineers and laboratories, and all other out-of-pocket costs, incurred in connection with investigation, characterization, remediation, monitoring, reporting or mitigation, arising out of or related to the presence or Release of any Hazardous Materials existing as of or prior to the Closing Date at, on, or emanating from any of the Leased Property or any real property at or to which the Company, any Subsidiary or predecessor of any of the foregoing disposed, Released, transported, stored, emitted, treated, or arranged to dispose of Hazardous Materials prior to the Closing Date including, without limitation, off-site liability under any Environmental Law arising from or in connection with transportation, treatment, storage, disposal, Release, or arranging for disposal of Hazardous Materials.

Costs of Remediation means all losses, amounts paid in settlement, remediation, monitoring and reporting costs and expenses, Taxes, claims, damages, punitive damages, consequential damages, treble damages, Liabilities, obligations, Judgments, settlements and out-of-pocket costs (including, without limitation, costs of investigation or enforcement), expenses and attorneys' fees including, without limitation, fees for services of attorneys, consultants, contractors, experts, engineers and laboratories, and all other out-of-pocket costs, incurred in connection with investigation, characterization, remediation, monitoring, reporting or mitigation, primarily relating to the Business and arising out of or related to the presence or Release of any Hazardous Materials existing as of or prior to the Closing Date at, on, or emanating from any of the Business Real Property, Leased Business Real Property or any real property at or to which Seller, any Subsidiary or predecessor of any of the foregoing disposed, Released, transported, stored, treated, or arranged to dispose of Hazardous Materials prior to the Closing Date including, without limitation, off-site Liability under any Environmental Law arising from or in connection with transportation, treatment, storage, disposal, Release, or arranging for disposal of Hazardous Materials.

Costs of Remediation means [for the purposes of section 47 of the Act] all costs of remediation and includes, without limitation,

Examples of Costs of Remediation in a sentence

• Lessee shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless each of the Indemnified Parties from and against any and all Losses, including, but not limited to, all Costs of Remediation (whether or not performed voluntarily), arising out of or in any way relating to any Environmental Laws, Hazardous Materials, Regulated Substances, USTs, or other environmental matters concerning the Properties.

• Lessee shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless each of the Indemnified Parties from and against any and all Losses, including, but not limited to, all Costs of Remediation (whether or not performed voluntarily), arising out of or in any way relating to any Environmental Laws, Hazardous Materials, Regulated Substances, above or below ground storage tanks, or other environmental matters concerning the Properties.

• If the Environmental Arbitrator decides that such Cost of Remediation is reasonably likely to exceed $10,000,000, Seller may terminate this Agreement, unless the Sterling Parties unconditionally agree to pay all Costs of Remediation of Post-Closing Actions in excess of $10,000,000.

• Lessee shall, at its sole cost and expense, protect, defend, indemnify, release and hold harmless each of the Indemnified Parties from and against any and all Losses, including, but not limited to, all Costs of Remediation (whether or not performed voluntarily), arising out of or in any way relating to any Environmental Laws, Hazardous Materials, Regulated Substances, above or below ground storage tanks, or other environmental matters concerning the Property, to the extent caused by or through Lessee.

• ORD Declaring Surplus the 7 Ash-Remediated Proptys on the "Project New Ground" Sale List; Auth Real Estate Div to Market & Dispose of said Parcels; Waiving Sec 122.429 (Uses of Proceeds from Surplus Land Sales) of Chapt 122 (Public Propty), Ord Code, to allow Net Sale Proceeds to be Deposited into the Contamination Assessmt Fund for Future Approp to Offset the Costs of Remediation Efforts.

More Definitions of Costs of Remediation

Costs of Remediation refers to all Damages arising out of or related to (i) those items listed or referred to on Schedule 5.21 to the Company Disclosure Letter or the Financial Statements; (ii) the presence of any Hazardous Materials existing at any Owned Real Property or Leased Property at or to which the Company disposed, transported, stored, treated or arranged to dispose Hazardous Materials (including, without limitation, off-site liability under any Environmental Law arising from or in connection with transportation, treatment, storage disposal, or arranging for disposal of Hazardous Materials; and (iii) the Release of any Hazardous Materials) from any of such property, including, without limitation, fees for services of attorneys, consultants, contractors, experts and laboratories, and all other out-of-pocket costs, incurred in connection with investigation, characterization, remediation or mitigation thereof.

Costs of Remediation means all losses, amounts paid in settlement, investigation, removal, remediation, monitoring and reporting costs and expenses, Taxes, claims, Damages, Liabilities, obligations, judgments, settlements and out-of-pocket costs (including, without limitation, costs of investigation or enforcement), expenses and attorneys’ fees including, without limitation, fees for services of attorneys, consultants, contractors, experts, engineers and laboratories, and all other out-of-pocket costs, net of any Tax benefit actually realized, incurred in connection with investigation, characterization, remediation, monitoring, reporting or mitigation, arising out of or related to the presence or Release of any Hazardous Materials existing as of or prior to the Closing Date at, on, or emanating from any of the Owned Real Property, Leased Property or any real property at or to which the Company, any Subsidiary or predecessor of any of the foregoing disposed, Released, transported, stored, emitted, treated, or arranged to dispose of Hazardous Materials prior to the Closing Date including, without limitation, off-site liability under any Environmental Law arising from or in connection with transportation, treatment, storage, disposal, Release, or arranging for disposal of Hazardous Materials.

Costs of Remediation refers to all Damages arising out of or related to (i) those items listed or referred to on Schedule 4.32; (ii) the presence of any Hazardous Materials existing as of the Closing Date at any Owned Real Property or Leased Property at or to which the Company disposed, transported, stored, treated or arranged to dispose Hazardous Materials prior to the Closing Date (including, without limitation, off-site liability under any Environmental Law arising from or in connection with transportation, treatment, storage disposal, or arranging for disposal of Hazardous Materials; and (iii) the Release of any Hazardous Materials) on or before the Closing Date from any of such property, including, without limitation, fees for services of attorneys, consultants, contractors, experts and laboratories, and all other out-of-pocket costs, incurred in connection with investigation, characterization, remediation or mitigation thereof.

Costs of Remediation means any and all present and future costs of remediation, as defined under the EMA, that any person has incurred or may incur, in remediating Contamination, including but not limited to any costs they incur in the future for remediation of the Property; and

Costs of Remediation refers to all out-of-pocket costs arising out of or related to the presence of any Hazardous Materials existing as of the Closing Date at any of the Leased Real Property, including, without limitation, fees for services of attorneys, consultants, contractors, experts and laboratories, and all other out-of-pocket costs, incurred in connection with investigation, characterization, remediation or mitigation thereof.

Costs of Remediation means the direct costs of implementing the Remediation on a net present value, after-tax basis.

Costs of Remediation means all out of pocket costs of investigation, characterization, removal or remediation of Hazardous Materials, including, without limitation, consultants, contractor and laboratory fees. For purposes of this Agreement "Reasonably Necessary Costs of Remediation" means those Costs of Remediation which are (i) consistent with custom and good business practice and (ii) consistent with the most cost-effective means allowable by all applicable governmental agencies.