Environmental Material definition

Environmental Material means PCBs, asbestos, petroleum and its by-products, any substance that has been designated by any Governmental Entity or by applicable law to be radioactive, toxic, hazardous or otherwise a danger to health or the environment, and all other substances or constituents that are regulated by, or form the basis of liability under, any Environmental Law.

Environmental Material means: (A) any petroleum substance, petroleum product, underground storage tank, underground cistern, radioactive material, asbestos in any form that is or could become friable, urea formaldehyde foam insulation, PCB-containing Material; (B) any Hazardous Substance, Hazardous Material, or any other material, substance, chemical, waste, contaminant or pollutant which is now or hereafter defined as or determined to be hazardous, extremely hazardous, toxic, dangerous, restricted, or a nuisance, or words of similar import, under any Environmental Law; or (C) any other material, substance, chemical, waste, contaminant, pollutant or exposure to which is now prohibited, limited or regulated by any Governmental Authority.

Environmental Material or "Environmental Materials" means pollutants, contaminants, or chemical, industrial, hazardous, or toxic materials or wastes, and including, without limitation, asbestos, or asbestos-containing materials, PCBs, and petroleum, oil or petroleum or oil products or derivatives.

Examples of Environmental Material in a sentence

• Except as set forth in Part 3.24 of the Seller’s Disclosure Schedule, neither Seller, its Affiliates, nor, to the Knowledge of Seller, the operator of any Asset is subject to any Order with respect to any Asset other than Orders that are generally applicable to offshore oil and gas operators or that would not have an Environmental Material Adverse Effect.

• Except to the extent described in Schedule 4.17(d), neither the Seller nor any other Person or entity has arranged for the disposal, treatment or recycling of, or transported for disposal, treatment or recycling, any other Environmental Material from the Leased Property to any other location.

• Company has received any written notice since January 1, 2003 of any civil, criminal, regulatory or administrative action, claim, investigation or other proceeding or suit relating to Environmental Law or Environmental Permits, which would have an Environmental Material Adverse Effect.

• The term "Environmental Material Adverse Effect" means, with respect to the Company, all developments, occurrences or circumstances arising or worsening after the date of execution of the Merger Agreement relating to the Company's compliance with or liability under environmental laws which are reasonably likely to increase the Company's aggregate liabilities and expenses under, or to comply with, environmental laws by greater than $4 million.

• This Environmental Issues Credit is being agreed upon after Purchaser's review of the Environmental Reports and in lieu of the Environmental Escrow or any other resolution of the Environmental Material Defects previously contemplated by the parties.

More Definitions of Environmental Material

Environmental Material means any substance, product, waste or other ---------------------- material of any nature whatsoever (a) which is identified, listed, published or defined as a toxic pollutant or hazardous substance, or is otherwise regulated, restricted or addressed under any Environmental and Safety Requirement or (b) which otherwise has any adverse effect upon human health, natural resources, wildlife or the environment.

Environmental Material means PCBs, asbestos, petroleum and its by-products, any substance that has been designated by any Governmental Entity or by applicable law to be radioactive, toxic, hazardous or otherwise a

Environmental Material means any substance which relates to the Uxxx 0 Site, the Unit 2 Site, the Common Facilities Site or the Solid Waste Landfill Site, the Clover Power Station, Clover Unit 1 or Clover Unit 2 and:

Environmental Material means any substance, product, waste or other ----------------------- material of any nature whatsoever (a) that is or becomes identified, listed, published, or defined as a hazardous substance, hazardous waste, dangerous waste, hazardous material, toxic substance, solid waste (as defined by the Texas Natural Resources Conservation Commission), acutely hazardous waste, extremely hazardous waste, infectious waste, volatile organic compound, waste, air contaminant, air pollutant, or pollutant, under any Environmental Requirement and (b) that is regulated, restricted or addressed under or pursuant to or may give rise to liability under any Environmental Requirement. Notwithstanding anything contained herein to the contrary, Environmental Material shall exclude any material which has been the subject of remediation in, on or under the Real Property pursuant to and in satisfaction of a jurisdictional Governmental Authority program to the extent such jurisdictional authority declares in writing that such remediation has been completed in satisfaction of applicable laws, rules and regulations or that no further action or remediation is required.

Environmental Material means any material (i) that is regulated by an Environmental Law or (ii) the existence of which would give rise to an "unacceptable environmental condition" under Section 501.04 of Part II of the Multifamily Guide of the Federal National Mortgage Association as in effect at the date of determination.

Environmental Material. As defined in Section 2.1(r). "Equipment": All of Seller Corp.'s furniture, equipment, machinery, apparatus, tools, dies, appliances, vehicles, implements, spare parts, supplies and all other tangible personal property of every kind and description (other than the Vehicles and the Inventories) insofar as any of the foregoing relates to the Business. The Equipment includes, without limitation, all of the items listed in Appendix 1.1(c) to the Sellers' Disclosure Letter.

Environmental Material shall include all substances whatsoever which could cause the occurrence of an Environmental Event.