Environmental Deductible is defined in Section 2.5.

Environmental Deductible has the meaning ascribed to that term in Section 3.06(a).

Environmental Deductible shall have the meaning set forth in Section 9.4.3.

Examples of Environmental Deductible in a sentence

For the avoidance of doubt, it is agreed that the Environmental Deductible shall not apply to any Covered Environmental Losses incurred by any Partnership Group Member related to the matters set forth on Schedule I attached hereto.
For the avoidance of doubt, it is agreed that the Environmental Deductible shall not apply to any Covered Environmental Losses incurred by any Group Member attributable to those locations identified on Schedule B.
It is agreed that the Environmental Deductible shall not apply to any Covered Environmental Losses incurred by any Group Member attributable to those matters identified on Schedule A.
The Purchase Price shall be decreased by the Allocated Value or Defect Value, as applicable, of any Interests excluded from the transactions contemplated herein or conveyed to Buyer with a Title Defect pursuant to Section 5.1.5(iii) to the extent such amount, in the aggregate, exceeds the Title Deductible, or an Environmental Defect pursuant to Section 5.3.4(ii) to the extent such amount, in the aggregate, exceeds the Environmental Deductible.
Buyer shall not assert any claim under the special warranty of title under the Assignment (a) with respect to any matter that Buyer had the right to assert a claim under this Article VI and (b) until such time that the Title Threshold and the Title & Environmental Deductible has been fully satisfied.

More Definitions of Environmental Deductible

Environmental Deductible has the meaning given such term in Section 5.02(d).

Environmental Deductible has the meaning set forth in Section 10.3(l).

Environmental Deductible means $9,500,000.

Environmental Deductible is defined in Section 7.4(a).

Environmental Deductible means five million dollars ($5,000,000).

Environmental Deductible means $10,550,000.

Environmental Deductible is defined in Section 2.1(a)(iii).