Environmental Compliance Cost means any material out-of-pocket cost, fee or expense reasonably 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 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 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.
Examples of Environmental Compliance Cost in a sentence
The term "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.
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.
Specifically, Duke Energy Indiana is proposing to eliminate Rider 61 – Integrated Gasification Combined Cycle Generating Facility (“IGCC”), and include the test period costs associated with the Edwardsport IGCC Generating Station in base rates.The Company is proposing to combine the three environmental expense-related riders filed together in the Company’s Environmental Compliance Cost Recovery proceedings, into one consolidated rider.
The term "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.
A 1.0% discount shall apply to taxable fuel as specified in Schedule BA-2 and to the Environmental Compliance Cost Charge as specified in Schedule BA-3.
More Definitions of Environmental Compliance Cost
Environmental Compliance Cost means any cost or expense of any nature whatsoever necessary to enable the Site to comply with all applicable Environmental Laws in effect. “Environmental Compliance Cost” shall include all costs necessary to demonstrate that the Site 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.
Environmental Compliance Cost shall include all costs necessary to demonstrate that the Site 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 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 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 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. Without limitation on any other provision herein, Buyer and Xxxxxxxx specifically acknowledge and agree that they each hereby waive, release and discharge any claim it or they have, might have had, or may have against Seller or Seller's past, present and future employees, partners, directors, officers, shareholders, attorneys, agents and representatives and its and their respective successors and assigns, with respect to the compliance with federal, state or local statutory or common law, ordinance or regulation, including, but not limited to, claims arising under the Comprehensive Environmental Response Compensation Liability Act ("CERCLA"), 42 U.S.C. Section 9601 et seq., California Health and Safety Code Sections 25100 et seq., or any other federal, state and local environmental laws pertaining to the existence or release of hazardous substances from or at the Property or the environmental condition of the Property for claims arising from matters contained in the Environmental Reports and in the Xxxxxxxx Letter. In addition to, and not in limitation of any other indemnification obligations of Buyer set forth in this Agreement (including, without limitation, those set forth in paragraph 8A hereof), Buyer and Xxxxxxxx shall jointly and severally hold harmless, indemnify and defend Seller from and against: (1) any and all claims, expenses, liability, loss, damage or third party claims, known or unknown, in any way arising from or related to matters contained in the Environmental Reports, (2) any and all claims, expense, liability, loss, damage or third party claims, known or unknown, in way arising from or related to matters specified in, or which can be reasonably inferred from, the Xxxxxxxx Letter, and (3) all costs and expenses, including reasonable attorney's fees, incurred by Seller as a result of the foregoing. Any indemnification obligations set forth herein shall be subject to the provisions of paragraph 8C hereof. Buyer and Xxxxxxxx each hereby agree, represent and warrant that the matters released herein are not limited to matters which are known or disclosed, and Buyer and Xxxxxxxx each hereby expressly waive and relinquish any and all r...