Remedial Costs definition
Examples of Remedial Costs in a sentence
Buyer, at its discretion, may offset Remedial Costs against any payments owing Vendor.
Any Remedial Costs shall be reimbursed to Contractor by Subcontractor within ten (10) days of Subcontractor’s receipt of Contractor’s invoice for such Remedial Costs.
The Amended Sitewide CFDs shall be dedicated solely to the foregoing operation and Remedial Costs and Infrastructure Costs.
The sum of all Title Defect Amounts for Title Defects determined under Section 3.4(a) prior to Closing (except Title Defect Amounts pursuant to Sections 3.5 and 6.9) plus Estimated Environmental Remedial Costs associated with Environmental Defects under Section 3.7, and gas imbalances shall be less than $400,000.
However, the foregoing indemnity obligation shall not apply to any Remedial Costs or Remedial Cost Claim to the extent arising from the negligence or willful misconduct of any Tenant Party, or to the extent resulting from any Hazardous Substance introduced to, produced, stored or generated at the Premises and/or the Property by any Tenant Party.