Environmental Compliance Cost definition

Environmental Compliance Cost means any cost or expense of any nature whatsoever necessary to enable the Property to comply with all applicable Environmental Laws in effect. “Environmental Compliance Cost” shall include all costs necessary to demonstrate that the Property is capable of such compliance.
Environmental Compliance Cost shall include all costs necessary to demonstrate that the Property is capable of such compliance.
Environmental Compliance Cost means any reasonable out-of-pocket cost, fee or expense incurred directly to satisfy any requirement imposed by an Environmental Agency to bring the Property into compliance with applicable Federal, State and local laws and regulations directly relating to the existence on the Property of any Hazardous Material. (g)

Examples of Environmental Compliance Cost in a sentence

  • ENVIRONMENTAL COMPLIANCE COST RECOVERY:The amount calculated at the above rate will be increased under the provisions of the Company's effective Environmental Compliance Cost Recovery Schedule, including any applicable adjustments.

  • Burns is the wealthy owner of the Springfield Nuclear Power Plant and a frequent participant in the popular television show The Simpsons.

  • The result of this updated sensitivity analysis is illustrated in Table 6 below:Table 6Revised CPVRR Analysis Environmental Compliance Cost Forecast Fuel Cost Forecast ENV IENV IIENV IIIHigh($119)($195)($348)Medium($24)($96)($249)Low$76$6($147)Source: EXH 87 Table 6 above shows that in seven of the nine scenarios, the 2017 and 2018 solar projects are cost effective.

  • The City Commission shall by resolution establish the Environmental Compliance Cost Charge.

  • Adjustments: Fuel charge, as contained in Schedule BA-1City Utility Tax or Surcharge, taxes, surcharges, and fees as contained in Schedule BA-2 Environmental Compliance Cost Charge as contained in Schedule BA-3 Payment: Net bills are due when rendered and are delinquent thirty (30) days after the billing date.


More Definitions of Environmental Compliance Cost

Environmental Compliance Cost means any cost or expense of any nature whatsoever necessary to enable the Property to comply with all applicable Environmental Laws in effect. "Environmental Compliance Cost" shall include all costs necessary to demonstrate that the Property is capable of such compliance.
Environmental Compliance Cost means any out-of-pocket cost, fee or expense incurred directly to satisfy any requirement imposed by an Environmental Agency to bring the Property into compliance with applicable Federal, State and local laws and regulations directly relating to the existence on the Property of any Hazardous Material. Buyer hereby acknowledges that it is acquiring the Property subject to the matters disclosed in the Environmental Reports, and Buyer shall at Closing, assume the obligations for, and release Seller from any liability relating to (whether under local, state or federal law), any matters disclosed in the Environmental Reports; provided, however, nothing in the foregoing shall constitute an indemnification by Buyer in favor of Seller for any third party claims with respect to such matters and in the event that any claim is made against Buyer by any governmental agency or any third party based on any violation of environmental laws or any contamination of the Property by Hazardous Materials prior to the Closing Buyer shall be entitled to seek contribution or indemnification from Seller on account thereof in accordance with any applicable laws, rules, regulations or statutes (such rights or remedies in all events being subject to the limitations on liabilities contained in this Agreement, including those set forth in paragraph 9B hereof).
Environmental Compliance Cost means any reasonable out-of-pocket cost, fee or expense incurred directly to satisfy any requirement imposed by an Environmental Agency to bring the Property into compliance with applicable Federal, State and local laws and regulations directly relating to the existence on the Property of any Hazardous Material.
Environmental Compliance Cost means any cost or expense necessary to enable the property to comply with all applicable Environmental Laws; “Environmental Law” shall mean any federal, state or local law or regulation for the protection of human health or the environment or natural resources at any time in effect; and “Hazardous Substance” shall mean any hazardous or toxic substance, pollutant, material or waste which is or becomes identified, listed or regulated as such by or pursuant to any federal, state or local Environmental Law. The Parties shall promptly notify each other of the existence of any threatened or possible claim to which the foregoing indemnifications could apply and shall give such other party a reasonable opportunity to pay or defend the same at its own expense and with counsel of its own selection; provided, however, that Parent, Horizon GP and Horizon LP shall at all times also have the right to participate fully in the defense at their own expense. In the event that Parent, Horizon GP and Horizon LP do not promptly assume the defense or otherwise handle any such matter in accordance with all applicable laws, rules and regulations, Pleasant Lake GP and/or Pleasant Lake LP may do so at Parent, Horizon GP and Horizon LP’s expense. The foregoing obligations to indemnify set forth in Sections 3(g) and 4(a) shall survive the Closing.
Environmental Compliance Cost means any cost, expense or investment of any nature whatsoever (other than those assumed by Purchaser pursuant to Section 1.02(a)(vi) hereof and other than Pre-Closing Environmental Cleanup Liability) necessary to enable the Assets, with normal operation and maintenance, to comply with all applicable (a) Environmental Laws and (b) laws or regulations relating to the use or removal of asbestos or polychlorinated biphenyls, in each case to the extent in effect and requiring compliance as of the Closing and any loss, damage or expense arising from the failure of the Assets so to comply as of the Closing and accruing until such noncompliance is remedied.
Environmental Compliance Cost means any material out‑of‑pocket cost, fine, penalty, fee or expense incurred directly to satisfy any requirement imposed by the U.S. Environmental Protection Agency, the U.S. Department of Transportation, or any instrumentality authorized to regulate substances in the environment which has jurisdiction over the Property to bring the Property into compliance with applicable Environmental Law directly relating to the existence on the Property of any Hazardous Substance. The term "Environmental Law" shall mean (a) the Comprehensive Environmental Response, Compensation and Liability Act of 1980, as amended ("CERCLA"), and (b) any other federal, state or local law, ordinance, rule, or regulation applicable to the Property and establishing liability standards or required action as to emissions, discharges, releases or threatened releases of pollutants, contaminants or 3721766.8 Gardere01 - 10003657v.4 chemicals, or industrial, toxic or other hazardous substances or waste into the ambient air, soil, soil vapor, groundwater, or surface water on or about the Property.
Environmental Compliance Cost means any reasonable out of pocket cost, fee or expense exceeding $2,500 and incurred directly to satisfy any requirement imposed by any governmental agency to bring the Property into compliance with applicable Federal, state and local laws and regulations directly relating to the existence on the Property of any Hazardous Material. Buyer hereby acknowledges that it is acquiring the Property subject to any and all environmental conditions affecting the Property (including, without limitation, any and all matters disclosed in the Environmental Reports) and Buyer shall at Closing, assume the obligations for, and release Seller from any liability relating to (whether under local, state or federal law) any and all environmental conditions affecting the Property (including, without limitation, any and all matters disclosed in the Environmental Reports).