Known Environmental Conditions definition

Known Environmental Conditions shall have the meaning set forth in Section 4.20(a).
Known Environmental Conditions means the Release or existence of Total Petroleum Hydrocarbon (defined as any mixture of hydrocarbons that are originally found in or derived from crude oil) in soil, soil vapor, ambient air or groundwater at the Facility as of or prior to the Closing Date.
Known Environmental Conditions has the meaning specified in Section 5.25.

Examples of Known Environmental Conditions in a sentence

  • Nevertheless, the City shall be obligated to commence any Response Actions relating to the Known Environmental Conditions and to continue to pursue and perform such Response Actions to completion in a diligent and commercially reasonable manner.

  • The Parties acknowledge that the Environmental Reports may reveal certain existing Environmental Conditions (the "Known Environmental Conditions") at the Project Site and the possibility for certain Response Actions in connection therewith.

  • The City shall be responsible at its sole expense for remediating all of the Known Environmental Conditions and performing all of the Response Actions therefor, as currently identified in the Environmental Reports and/or as subsequently determined or modified.

  • With respect to the condition(s) relating to the Owned Real Property described in Section 5.25 of the Seller Disclosure Schedule (“Known Environmental Conditions”), Seller shall, at its sole cost and expense, investigate and remediate the Known Environmental Conditions to the extent necessary to obtain a No Further Action Status.

  • Upon Seller obtaining No Further Action Status, Seller shall have no further obligation to investigate or remediate the Known Environmental Conditions unless further investigation or remediation with respect to the Known Environmental Conditions is required by Environmental Law or subsequently is required by a Governmental Entity.


More Definitions of Known Environmental Conditions

Known Environmental Conditions has the meaning provided in SECTION 2(D) hereof.
Known Environmental Conditions means (i) all Environmental Conditions set forth on Schedule 1.2 (which such schedule shall be [*] to include any and all additional Environmental Conditions [*] and (ii) all Environmental Conditions [*] delivered on or prior to [*] pursuant to Section 8.16 and (iii) all Environmental Conditions arising out of or revealed by [*].
Known Environmental Conditions means those certain existing Environmental Conditions depicted in the Environmental Reports that required response or remedial actions in connection therewith.
Known Environmental Conditions means the Release or existence of Total Petroleum Hydrocarbon (defined as any mixture of hydrocarbons that are originally found in or derived from crude oil) in soil, soil vapor, ambient air or groundwater at the Facility as of or prior to the Closing Date. 56 (f)
Known Environmental Conditions means the conditions described on Schedule 1(c).
Known Environmental Conditions means (a) ZML's Environmental Disclosures, and (b) subject to Urban's rights in respect of Section 9(A)(xii) if and to the extent applicable, any conditions existing as of September 3, 1993, which conditions include, but are not limited to, those matters referred to in the Delta Report, the Versar Report, and the Law Report. This Section 9(F) shall survive the Closing without limitation as to time.
Known Environmental Conditions has the meaning set forth in Section 9.2(e)(3).