Environmental Reserve definition

Environmental Reserve means dedicated lands that are provided to a municipality or to the Crown, as the case may be, pursuant to section 185;

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Environmental Reserve means the reserve to be created by Chemtura Corporation and the Subsidiary Debtors to hold a contribution of Cash from Chemtura Corporation and the Subsidiary Debtors in an amount to be determined by the Bankruptcy Court or agreed to by the Debtors (with the consent of the Creditors’ Committee and the Ad Hoc Bondholders’ Committee, which consent shall not be unreasonably withheld) and the holders of Disputed Environmental Claims, which reserve shall be held for the benefit of holders of Allowed Environmental Claims for distribution according to the procedures set forth in Article IX.

Environmental Reserve means the reserve to be created by Chemtura Corporation and the

Examples of Environmental Reserve in a sentence

• The Property Owner shall not use any of the Environmental Reserve or such areas for mooring of or temporary placement or storage of boats, kayaks or any other watercraft, or any of the Property Owner's other property.

• The Property Owner further acknowledges and agrees that none of its guests or other invitees will use the Environmental Reserve or such areas in any such manner, and if any of such guests or invitees do so, the Developer shall be entitled to recover the said sum of $10,000.00 as aforesaid against the Property Owner.

• The Property Owner further acknowledges and agrees that none of its guests or other invitees will use the Environmental Reserve or such areas in any such manner, and if any of such guests or invitees do so, the Developer shall be entitled to recover the said sum of $5,000.00 as aforesaid against the Property Owner.

• The Property Owner shall not use any of the Environmental Reserve or such areas for mooring of or temporary placement or storage of boats, kayaks, or any other watercraft, or any of the Property Owner’s other property.

• On the date hereof, Borrower shall deposit $0 into the Deferred Maintenance and Environmental Reserve Account, which amounts shall be used for payment of costs incurred by Borrower in connection with any deferred maintenance or Remediation required pursuant to this Agreement.

More Definitions of Environmental Reserve

Environmental Reserve means a reserve determined by the Administrative Agent in its sole discretion for costs associated with (a) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (b) exposure to any Hazardous Materials or (c) any Release.

Environmental Reserve means reserves relating to environmental matters affecting any Eligible Real Property deemed necessary by the Administrative Agent from time to time in its Permitted Discretion.

Environmental Reserve or “ER” means a parcel of land, or part of a parcel of land designated as an environmental reserve as defined under Section 664(1) of the Act or an Environmental Reserve Easement. Furthermore:

Environmental Reserve means the amount of One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00) determined in the sole discretion of Bank (as may be amended, modified or restated, from time to time).

Environmental Reserve means an environmental reserve as determined in accordance with the Act which is land designated as environmental reserve on a plan of subdivision;

Environmental Reserve means land dedicated (given) to a municipality during the subdivision process because it is considered un-developable for environmental reasons in accordance with Section 664 of the Municipal Government Act. This may include areas such as wetlands, ravines, drainage courses, steep

Environmental Reserve has the meaning given to such term in Section 3.2(f).