Minimum Cleanup Standard definition

Minimum Cleanup Standard shall have the meaning set forth in Section 8.3(b) hereof.
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Minimum Cleanup Standard means the least stringent standard acceptable under all Environmental Laws (as such laws are in effect upon the completion of the Remediation) and all Governmental Authorities with jurisdiction or, if no such standard has been adopted, promulgated or imposed by the applicable Governmental Authority or by Environmental Laws (as such laws are in effect upon the completion of the Remediation) as of the date such Remediation is being conducted, the standard to which the parties, in good faith agree; provided, however, that in no event shall the Minimum Cleanup Standard at or below a standard for which (i) Buyer or the Transferred Subsidiaries would be required to impose or implement controls or restrictions which would impair the use of the affected property as used as of the Closing Date, (ii) for which additional Remediation would be required in the future to achieve and maintain compliance with Environmental Laws or to meet the requirements of Governmental Authorities, as such Environmental Laws and requirements exist as of the date of the completion of the Remediation; or (iii) which does not fully resolve any liability of Buyer Indemnitees and the Transferred Subsidiaries with respect to such matter; provided, further, that with respect to any Remediation at any property leased by the Transferred Subsidiaries, the Minimum Cleanup Standard shall also meet the requirements of the landlord/lessor of such property.
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Minimum Cleanup Standard means the least stringent standard acceptable under applicable Environmental Laws. Seller shall not be responsible for Losses with respect to Pre-Closing Environmental Liabilities as a result of the aggravation or exacerbation of any Pre-Closing Environmental Liability resulting from any negligence of the Purchaser, any agent or invitee after the Closing Date. It is intended that the scope of the indemnity for Pre-Closing Environmental Liabilities with respect to the time period prior to the Seller's acquisition of the Business from Harrxx Xxxporation shall be no greater than the indemnity given by Harrxx Xxxporation to Seller in the Harrxx Xxxeement; provided however that any failure of Harrxx xx pay or failure of Harrxx xx agree to their responsibility with respect to a claim between Seller and Harrxx xxxll not be dispositive of any claim under this Agreement. Notwithstanding any other -48- 55 provision of this Section 8.3(b) or of the Agreement, and notwithstanding any response which Harrxx xxx give Seller regarding Seller's claims against Harrxx xxxer the Harrxx Xxxeement, it is understood that Purchaser shall be entitled under Section 8.2 of the Agreement to indemnification from Seller for any and all costs to negotiate or to document with a Governmental Authority a response to the requirements of any Governmental Authority to address, or to obtain, install or modify, but not operate, any equipment needed to comply with the requirements of any Governmental Authority to address: (1) wastewater discharges having pH of less than 5.0 as described in a December 1, 2000 letter from the United States Environmental Protection Agency to Seller; (2) treatment in the wastewater treatment plant of fluoride in the wastewater; or (3) treatment of suspended solids in wastewater as described in a December 5, 2000 letter from the Mountaintop Area Joint Sanitary Authority to Seller.
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More Definitions of Minimum Cleanup Standard

Minimum Cleanup Standard means the least stringent standard ------------------------ acceptable under all Environmental, Health and Safety Requirements (for this purpose as in effect upon completion of the Remediation) and all enforceable requirements of governmental authorities with jurisdiction ("Governmental Authorities") or, if no such standard has been adopted, ------------------------ promulgated or imposed by the applicable Governmental Authority or by Environmental, Health and Safety Requirements (for this purpose as in effect upon the completion of the Remediation) as of the date such Remediation is being conducted, the standard to which the parties, in good faith, agree; provided, however, that in none of the foregoing cases shall the Minimum Cleanup Standard be at or below a standard for which (A) Buyer or the Company would be required to impose or implement controls or restrictions which would impair the use of the affected property as used as of the Closing Date, (B) for which additional Remediation would be required in the future to achieve and maintain compliance with Environmental, Health and Safety Requirements or to meet the requirements of Governmental Authorities, as such Environmental, Health and Safety Requirements and requirements exist as of the date of the completion of the Remediation or (C) which does not fully resolve any liability of the Buyer Indemnitees with respect to such matter; provided further that with respect to any Remediation at any property leased by the Company, the Minimum Cleanup Standard shall also meet the requirements of the landlord/lessor of such property.
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Minimum Cleanup Standard means the least stringent standard acceptable under all Environmental, Health and Safety Requirements (for this purpose as in effect upon completion of the Remediation) and all enforceable requirements of governmental authorities with jurisdiction (“Governmental Authorities”) or, if no such standard has been adopted, promulgated or imposed by the applicable Governmental Authority or by Environmental, Health and Safety Requirements (for this purpose as in effect upon the completion of the Remediation) as of the date such Remediation is being conducted, the standard to which the parties, in good faith, agree; provided, however, that in none of the foregoing cases shall the Minimum Cleanup Standard be at or below a standard for which (A) Buyer or the Company would be required to impose or implement controls or restrictions which would impair the use of the affected property as used as of the Closing Date, (B) for which additional Remediation would be required in the future to achieve and maintain compliance with Environmental, Health and Safety Requirements or to meet the requirements of Governmental Authorities, as such Environmental, Health and Safety Requirements and requirements exist as of the date of the completion of the Remediation or (C) which does not fully resolve any liability of the Buyer Indemnitees with respect to such matter; provided further that with respect to any Remediation at any property leased by the Company, the Minimum Cleanup Standard shall also meet the requirements of the landlord/lessor of such property.
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Related to Minimum Cleanup Standard

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at xxxxxxx.xxx/xxxx. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Condition has the meaning set forth in Annex I.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • safety standard means the Code of Practice for the Wiring of Premises SANS 10142-1 incorporated in the Regulations;

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Year 2000 Compliance has the meaning set forth in section 17.29 of the Management Agreement.

  • PJM Region Reliability Requirement means, for purposes of the Base Residual Auction, the Forecast Pool Requirement multiplied by the Preliminary PJM Region Peak Load Forecast, less the sum of all Preliminary Unforced Capacity Obligations of FRR Entities in the PJM Region; and, for purposes of the Incremental Auctions, the Forecast Pool Requirement multiplied by the updated PJM Region Peak Load Forecast, less the sum of all updated Unforced Capacity Obligations of FRR Entities in the PJM Region.

  • Reliability Standard means a requirement to provide for reliable operation of the bulk power system, including without limiting the foregoing requirements for the operation of existing bulk power system facilities, including cybersecurity protection, and the design of planned additions or modifications to such facilities to the extent necessary for reliable operation of the bulk power system, but shall not include any requirement to enlarge bulk power system facilities or to construct new transmission capacity or generation capacity.

  • Extension Minimum Condition means a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Disturbance Control Standard or “DCS” shall mean the reliability standard that sets the time limit following a disturbance within which a balancing authority must return its Area Control Error to within a specified range.

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • State minimum standards means minimum requirements

  • Minimum Essential Coverage has the meaning given in the Affordable Care Act, 26 U.S.C. §5000A(f).

  • Minimum Necessary means the least amount of PHI necessary to accomplish the purpose for which the PHI is needed.

  • Minimum Standards means standards of practice that interpret the legal definition of nursing as well as provide criteria against which violations of the law can be determined.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

  • Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.

  • Minimum Extended Summer Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Extended Summer Demand Resources and Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Extended Summer Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Limited Demand Resource Reliability Target for the PJM Region in Unforced Capacity]. For an LDA, the Minimum Extended Summer Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Limited Demand Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.