Orphan share definition

Orphan share means the percentage share of remedial action costs for a facility that is attributable, under the procedures in 75-10-742 through 75-10-751, to identified but bankrupt or defunct persons who are not an affiliate of any viable person, unless affiliated by stock ownership.
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Orphan share means the percentage share of remedial action costs for a facility that is
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Orphan share means those costs of removal or remedial action at sites with a release or threatened release of hazardous substances, which costs are in excess of amounts included in a cleanup agreement.
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Examples of Orphan share in a sentence

  • OECA concurrence and consultations 25BACKGROUND Orphan share compensation was introduced in the third round of Superfund reforms.

  • Orphan share compensation is not available for either work or cost recovery at:1) Federal facilities (See footnote #2, page 2 of the work policy);2) “Owner/operator only” sites--sites where every PRP is liable as a current or former owner and/or operator, (i.e., “chain-of-title” sites where the only PRPs identified by the Region are owners or operators and there are no generators or transporters).

  • Orphan share state special revenue account --reimbursement of claims -- payment of department costs.

  • Orphan share compensation can be provided to PRPs who agree to perform the response action at an operable unit (OU) for a site.

  • A party that had the opportunity to proceed in negotiations with EPA after having received a settlement 1 Orphan share compensation may be available in RD/RA negotiations for work at non-NPL sites where PRPs agree to certain conditions.

  • Orphan share compensation offers are subject to the adequacy of cleanup program funding, and eligibility requirements under the policies.

  • Orphan share state special revenue account -- reimbursement of claims -- payment27 of department costs.

  • Orphan share state special revenue account -- reimbursement of claims -- payment26 of department costs.

  • Orphan share compensation is not available at sites where there are no orphan parties, Federal facilities, sites where every PRP is liable as a current or former owner and/or operator and the region has not identified any generator/transporter (i.e. Aowner-operator only@ sites), or sites where PRPs are performing work pursuant to a UAO, unless such parties are willing to convert the UAO to a CD.

  • The remaining 1,515,041 hVIVO option holders selected Choice 2 and exchanged to 3,742,147 Open Orphan share options.


More Definitions of Orphan share

Orphan share means the percentage share of remedial action costs for a facility that is attributable, under the procedures in 75-10-742 through 75-10-751, to identified but bankrupt or defunct persons who are not
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Orphan share means that share of liability for the costs of response
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Orphan share means that share of liability for the costs of response actions apportioned to responsible persons who are insolvent or cannot be identified or located. The department may adopt regulations to further define a process to determine when a responsible person cannot be identified or located.
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Orphan share means the percentage of the total response costs at the Wells Waste Oil Disposal Site attributable to parties who are deemed bankrupt, dissolved, insolvent, or no longer in business or whose current identity or location can not be determined, as determined and certified by a person assuming liability for total response costs, for the purposes of determining the price at which it is willing to settle with those Responsible Parties who desire to settle and sign a consent decree relating to payment of the Responsible Parties’ share of the total response costs at the Wells Waste Oil Disposal Site.
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Orphan share means the percentage share of response costs for a facility that the orphan share administration agrees or the allocation review panel determines is not reasonably allocable to any person that may be liable under section 12 using the criteria in subsection (10).
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Orphan share means the share of liability for the costs of response action that is attributable to the activities of persons who are defunct or insolvent, as determined pursuant to Section 25390.5.
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Related to Orphan share

  • Share means a share of the Common Stock, as adjusted in accordance with Section 13 of the Plan.

  • Common Share means one share of the common stock of the Company.

  • Time share means either a time-share estate or a time-share use plus its incidental benefits;

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Ordinary Share means a Class A Ordinary Share or a Class B Ordinary Share;

  • Preferred Share means a share of capital stock of the General Partner now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • sub-unit means, with respect to any currency other than euro, the lowest amount of such currency that is available as legal tender in the country of such currency and, with respect to euro, means one cent.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Fund Share means the share, unit, or other evidence of ownership in a Permissible Investment.

  • Fractional Share means a fractional share in the ICAV issued in accordance with Section 12.5.

  • Participating Share or “Share” means the Participating Shares of no par value in the

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.