Known Environmental Liability definition

Known Environmental Liability means any Liability under Environmental Laws related to the Taft, Louisiana facility arising from (a) any Proceeding pending or threatened on or before the date hereof, (b) any Release of or any exposure of any Person to any Hazardous Materials at, on, in, to, from or under the Owned Real Property identified on or before the date hereof, including the subsequent migration of such Hazardous Materials from the Owned Real Property, (c) any environmental fact or condition that occurred or existed and is identified on or before the date hereof, and (d) any violation of Environmental Law or Environmental Authorization by the Business or Seller that occurred on or before the date hereof, until such violation is resolved pursuant to the terms of Article 11, in each case of (a) through (d), only to the extent identified on Schedule 1.1(a).

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Known Environmental Liability shall include (i) any "Loss" (as defined in Section 11.1) arising from a claim by a third party, including a governmental entity, that relates to any matter or condition listed on Schedule 3.6

Known Environmental Liability. (as defined in Section 1.7(g));

Examples of Known Environmental Liability in a sentence

• Any Known Environmental Liability Losses relating to or resulting from a Known Environmental Liability that is not the subject of an Environmental Claim Notice issued prior to the expiration of the Known Liability Indemnity Period shall be deemed to constitute Assumed Liabilities with effect from the expiration of the Known Environmental Liability Indemnity Period and the Seller shall have no Liability under this Agreement for such Losses thereafter.

• Any Losses relating to or resulting from a Known Environmental Liability that is not the subject of an Environmental Claim Notice issued prior to the expiration of the Known Liability Indemnity Period shall be deemed to constitute Assumed Liabilities with effect from the expiration of the Known Environmental Liability Indemnity Period and the Environmental Indemnifying Parties shall have no liability under this Agreement for such Losses thereafter.

• In such applicable circumstances, the Purchaser shall assign to the Seller all rights it has under the lease and at Law to recover from the lessor any losses relating to the Known Environmental Liability in question.

More Definitions of Known Environmental Liability

Known Environmental Liability means the Liabilities set forth on Schedule 2.22 and Schedule 11.2.

Known Environmental Liability means any Liability under Environmental Laws related to the Taft, Louisiana facility arising from

Known Environmental Liability shall have the meaning set forth in Section 4.20(i) of this Agreement.