Past Response Costs definition
Examples of Past Response Costs in a sentence
EPA alleges that Respondent is a responsible party pursuant to Section 107(a) of CERCLA, 42 U.S.C. § 9607(a), and is liable for EPA’s Past Response Costs incurred at or in connection with the Site.
If any amounts due to EPA under Paragraph 11 (Payment by Settling Parties for Past Response Costs) are not paid by the required date, Settling Parties shall be in violation of this Settlement Agreement and shall pay to EPA, as a stipulated penalty, in addition to the Interest required by Paragraph 16 (Interest on Late Payments), $______ per violation per day that such payment is late.
If any Settling Party fails to make any payment required by Paragraph 11 (Payment by Settling Parties for Past Response Costs) by the required due date, Interest shall continue to accrue on the unpaid balance through the date of payment.
Within 30 days after the Effective Date, Respondents shall pay EPA, in reimbursement of Past Response Costs in connection with the Site, $_____.
Except as specifically provided in Section VIII (Reservations of Rights by EPA), EPA covenants not to sue or take administrative action against Settling Parties pursuant to Section 107(a) of CERCLA, 42 U.S.C. § 9607(a), to recover Past Response Costs.