Environmental Defect Notice shall have the meaning set forth in Section 12.1(a).
Environmental Defect Notice as defined in Section 5.03.
Environmental Defect Notice is defined in Section 8.2.
Examples of Environmental Defect Notice in a sentence
After receipt of an effective Environmental Defect Notice, Seller shall have the option, but not the obligation, to attempt to cure the Environmental Defect at any time prior to the Closing and to postpone the Closing Date up to thirty (30) days beyond the date set forth in Section 12.01 to facilitate the cure.
Any matters that may otherwise have constituted Environmental Defects, but that are not so described in a timely Environmental Defect Notice complying with this Section 5.03, together with any environmental matter that does not constitute an Environmental Defect, shall be deemed to have been waived by Buyer for all purposes and constitute an Assumed Obligation.
More Definitions of Environmental Defect Notice
Environmental Defect Notice has the meaning set forth in Section 3.17.
Environmental Defect Notice is defined in Section 4.3(a).
Environmental Defect Notice means a written notice of an Environmental Defect that contains the information set forth in Section 5.1(b) made by Buyer to Seller on or before the Defect Notice Date.
Environmental Defect Notice shall have the meaning set forth in Section 6.6(a).
Environmental Defect Notice means a written notice given by Buyer to Seller alleging an Environmental Defect. To be effective, each Environmental Defect Notice must be in writing, received by Seller on or before the expiration of the Environmental Examination Period and satisfy the following conditions precedent: (i) name the affected Asset, (ii) describe the condition that causes the Environmental Defect, (iii) provide reasonable factual substantiation for the Environmental Defect, and (iv) state the Environmental Defect Value. For the purpose of the preceding sentence, “factual substantiation for the Environmental Defect” shall mean reports prepared by, or the basis of tests performed by the Environmental Consultant.
Environmental Defect Notice is defined in Section 8.2. “Environmental Defect Rejection Notice” is defined in Section 8.5. “Environmental Defect Value” is defined in Section 8.2.
Environmental Defect Notice means a written notice given by Buyer to Seller alleging an Environmental Defect. To be effective, each Environmental Defect Notice must be in writing and must satisfy the following conditions precedent: (i) name the affected Asset, (ii) describe the condition that causes the Environmental Defect, (iii) provide reasonable factual substantiation for the Environmental Defect, and (iv) state the estimated cost to remediate as calculated by the Environmental Consultant. To be valid, all Environmental Defect Notices must be received by Seller on or before December 12, 2006 at 5:00 p.m. Mountain Time. For the purpose of the preceding sentence, "factual substantiation for the Environmental Defect" shall mean reports prepared by, or the basis of tests performed by the Environmental Consultant.