Hazardous Substances or Wastes definition

Hazardous Substances or Wastes. Any toxic substance, hazardous substance, contaminant, waste, pollutant or other similar product or substance that may pose a threat to the environment or human health safety, as defined in Environmental Laws.

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Hazardous Substances or Wastes includes but is not limited to any and all substances (whether solid, liquid or gas) defined, listed, or otherwise classified as pollutants, hazardous wastes, hazardous substances, hazardous materials, extremely hazardous wastes, or words of similar meaning or regulatory effect under any present or future Environmental Laws or that may have a negative impact on human health or the environment including, but not limited to, petroleum and petroleum products, asbestos and asbestos-containing materials, polychlorinated biphenyls, lead, radon, radioactive materials, flammables, explosives and mold.

Hazardous Substances or Wastes hazardous substances" as defined in the Spill Act or "hazardous substances" or "hazardous wastes" as such terms are defined in N.J.A.C. 7:1-3.3, other than petroleum products.

Examples of Hazardous Substances or Wastes in a sentence

• The Borrower shall promptly shall advise the Bank in writing of and with respect to any pending or threatened claim, demand or action by any governmental authority or third party relating to any Hazardous Substances or Wastes affecting the Mortgaged Property of which the Borrower has actual knowledge or the discovery of any Hazardous Substances or Wastes in violation of applicable law at the Mortgaged Property or on any real property adjoining or in the vicinity of the Mortgaged Property.

• The Mortgagor promptly shall advise the Mortgagee in writing or and with respect to any pending or threatened claim, demand or action by any governmental authority or third party relating to any hazardous substances or wastes affecting the Mortgaged Property or the discovery of any Hazardous Substances or Wastes on the Mortgaged Property or any real property adjoining or in the vicinity of the Mortgaged Property.

• Borrower will not, and will not permit any tenant or other occupant of the Mortgaged Property to, store, use, generate, treat or dispose of any Hazardous Substances or Wastes (each term being defined in the Environmental Indemnity Agreement) on the Mortgaged Property in violation of any applicable federal, state or local laws or regulations.

• Landlord covenants not to discharge any Hazardous Substances or Wastes, in forms and amounts as may be prohibited or regulated, upon the Demised Premises or any adjacent lands.

• The Mortgagee shall have the right to join in or participate in any legal proceedings or actions initiated in collection with any Hazardous Substances or Wastes directly or indirectly affecting the Mortgaged Property.

• To the knowledge of the ▇▇▇▇ Entities, no ▇▇▇▇ Entity or Tenant has stored, generated, transported, released, disposed of or used any toxic or Hazardous Substances or Wastes in, at, on, about or under the Property, in violation of Environmental Laws.

• The Mortgagee shall have the right, but not the obligations, to join in or participate in any legal proceedings or actions initiated in connection with any Hazardous Substances or Wastes directly or indirectly affecting the Mortgaged Property.

• Anything to the contrary contained herein or in the Lease notwithstanding, Sublessor warrants and represents that Sublessor has not placed or installed, or permitted to be placed or installed, in the Demised Premises any Hazardous Substances or Wastes.

• The Seller hereby indemnifies and holds the Buyer harmless of, from and against any and all liability, loss or damage suffered or incurred as a result of a claim, demand, cost or judgment in favor of a third party, including, without limitation, any governmental authority, arising from the deposit, storage, disposal, burial, dumping, injecting, spilling, leaking, or other placement or release in or on the Property of Hazardous Substances or Wastes first occurring during the Seller's period of ownership.

• The Borrower shall promptly shall advise the Bank in writing of and with respect to any pending or threatened claim, demand or action by any governmental authority or third party relating to any Hazardous Substances or Wastes affecting the property of which the Borrower has actual knowledge or the discovery of any Hazardous Substances or Wastes in violation of applicable law at the property or on any real property adjoining or in the vicinity of the property.

More Definitions of Hazardous Substances or Wastes

Hazardous Substances or Wastes means any substance identified as a hazardous substance or waste in the Comprehensive Environmental Response Compensation and Liability Act of 1980 (commonly known as "CERCLA"), as amended, the Superfund Amendment and Reauthorization Act (commonly known as "SARA"), the Resource Conservation and Recovery Act (commonly known a▇ "▇CRA") or any applicable similar federal or state legislation regulating hazardous or dangerous materials and substances.

Hazardous Substances or Wastes as used herein means any material, waste or other substance, whether solid, liquid or gaseous, which is defined as a hazardous substance, hazardous waste, toxic substance or toxic waste in any Environmental Laws.

Hazardous Substances or Wastes means any substance that (i) is or contains asbestos, urea formaldehyde foam insulation, polychlorinated biphenyls, petroleum or petroleum-derived substances or wastes, radon gas or related materials, (ii) requires investigation, removal or remediation under any Environmental Law, or is defined, listed or identified as a "hazardous waste" or "hazardous substance" thereunder, or (iii) is toxic, explosive, corrosive, flammable, infectious, radioactive, carcinogenic, mutagenic, or otherwise hazardous and is regulated by any Governmental Authority or Environmental Law.