Environmental Remediation Costs definition
Environmental Remediation Costs means any costs incurred by
Environmental Remediation Costs means all costs and expenses of any Person of actions or activities to (a) clean up or remove or remediate Hazardous Materials, (b) prevent or minimize the movement, leaching or migration of Hazardous Materials, (c) prevent, minimize or mitigate or otherwise respond to the Release or threatened Release of Hazardous Materials, or injury or damage from such Release, or (d) comply with the requirements of any Environmental Laws. Environmental Remediation Costs include, without limitation, costs and expenses payable in connection with the foregoing for reasonable legal, engineering or other consultant services, for investigation, testing, sampling and monitoring (including, without limitation, medical monitoring), for boring, excavation and construction, for removal, modification or replacement of equipment or facilities, for labor and material, and for proper storage, treatment and disposal of Hazardous Materials.
Environmental Remediation Costs means all costs and expenses of actions or activities to (a) clean-up or remove Hazardous Materials from the environment, (b) prevent or minimize the movement, leaching or migration of Hazardous Materials into the environment, (c) prevent, minimize or mitigate the Release or threatened Release of Hazardous Materials into the environment, or injury or damage from such Release, and (d) comply with the requirements of any Environmental Laws. Environmental Remediation Costs include, without limitation, costs and expenses payable in connection with the foregoing for legal, engineering or other consultant services, for investigation, testing, sampling and monitoring, for boring, excavation and construction, for removal, modification or replacement of equipment or facilities, for labor and material, and for proper storage, treatment and disposal of Hazardous Materials.
Examples of Environmental Remediation Costs in a sentence
Buyer shall pay 100% of the first $500,000 of Environmental Remediation Costs.
Sellers shall be responsible for all Environmental Remediation Costs in excess of $1,500,000.
Of the next $1,000,000.00 in Environmental Remediation Costs, Buyer and Sellers shall each pay 50%.
Evolution agrees not to make an exception to the Facility Usage Fee, P&A Costs, the Environmental Remediation Costs, the Flowlines Costs, or the Electricity Costs in the audit that is currently underway for the period from April 2015 through March 2016, or in any future audit, absent manifest error in the relevant calculations.
The Purchaser and its independent, third-party environmental consultants shall not have discovered or identified any Environmental Defects that may reasonably be estimated to represent Environmental Remediation Costs in excess of $15.0 million (including any matters set forth on Schedules 5(g), 5(j), 5(t), 5(w), 5(x), 6(f), 6(i), 6(s), 6(v) and 6(w) of the Seller Disclosure Schedules).
More Definitions of Environmental Remediation Costs
Environmental Remediation Costs means any costs incurred by a developer in the completion of any actions necessary to investigate, clean up, or respond to a known, suspected, or threatened discharge of contaminants, including, as necessary, the preliminary assessment, site investigation, remedial investigation, and remedial action, pursuant to sections 23 through 43 and section 45 of P.L.1993, c.139 (C.58:10B-1 et seq.).
Environmental Remediation Costs means the costs associated with remediating any environmental contamination at the Property.
Environmental Remediation Costs means any liability, obligation, judgment, claim, penalty, fine, cost or expense (including reasonable attorneys’ fees and environmental consultant costs of any kind or nature) or the duty to indemnify, defend, or reimburse any Person with respect to Remedial Activities which are necessary or required to both (i) comply with and fulfill Environmental Laws existing as of the Closing Date (including without limitation any orders of any Governmental Entity and any consent decree, consent agreement or memorandum of understanding with Governmental Entities), and (ii) remediate and/or remove Hazardous Materials to a level compliant with Applicable Levels of Regulatory Concern. Such Remedial Activities shall, at a minimum, be those Remedial Activities necessary to insure that the affected property is not encumbered by any use or deed restriction (1) which is more restrictive than any current use or deed restriction of any kind affecting the Property or (2) which would materially affect the development of the Project.
Environmental Remediation Costs means the actual costs, including, with respect to a site associated with any Former Operation, the reasonable and documented internal allocated costs of Tronox’s Safety and Environmental Affairs unit, provided that such internal allocated costs are calculated in a manner consistent with past practice with respect to such Former Operation and are of the type that has historically been charged against the reserve established for such Former Operation, incurred and paid after the Closing Date by any member of the Tronox Group in connection with (i) the investigation of the physical circumstances surrounding a site associated with a Former Operation or (ii) the clean-up, governmental response, removal or remediation required by any Environmental Laws at a site associated with a Former Operation, in either case arising out of, or related to (x) the presence, Release or threatened Release of any Hazardous Substance occurring prior to the Closing Date, or (y) any circumstance occurring prior to the Closing Date forming the basis of any violation or alleged violation of, or any liability under, any Environmental Law.
Environmental Remediation Costs is defined in Section 6.7.
Environmental Remediation Costs means any costs incurred by an applicant in the completion of any actions necessary to investigate, clean up, or respond to a known, suspected, or threatened discharge of contaminants, including, as necessary, the preliminary assessment, site investigation, remedial investigation, and remedial action, pursuant to N.J.S.A. 58:10B-1 et seq.
Environmental Remediation Costs means the estimated remediation costs to meet applicable environmental clean-up requirements and to conduct any ongoing environmental monitoring and maintenance activities for the following locations: Anniston, Alabama, West Point, Mississippi and ▇▇▇▇, Indiana, with such costs to be determined as follows: