Examples of Past Response Costs in a sentence
If any amounts due to EPA under Paragraph 11 (Payment by Settling Party for Past Response Costs) are not paid by the required date, Settling Party 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 14 (Interest on Late Payments), $1,500 per violation per day that such payment is late.
If the Settling Party fails to make the payment required by Paragraph 11 (Payment by Settling Parties for Past Response Costs) by the required due date, Interest shall begin to accrue again on the unpaid balance through the date of payment.
Except as specifically provided in Section VIII (Reservations of Rights by EPA), EPA covenants not to sue or take administrative action against Settling Party pursuant to Section 107(a) of CERCLA, 42 U.S.C. § 9607(a), to recover Past Response Costs.