Remediation Cost definition

Remediation Cost has the meaning set forth in Section 6.7(b).

Remediation Cost means cost associated with the implementation

Remediation Cost means, the estimated total cost for completing all necessary work plans or removal or remediation actions with respect to any Phase I or Phase II report with respect to real property in which the Company or the Bank holds any interest.

Examples of Remediation Cost in a sentence

• You must attach Form ETC-RCA, Environmental Tax Credit— Remediation Cost Approval, to this form.The credit allowed is 25 percent (.25) of the amount of unreimbursed eligible remediation costs in excess of $100,000 per site.

• If the Parties cannot resolve Disputes relating to the existence and scope of an Environmental Defect or Remediation Cost, as applicable, or the adequacy of Seller’s Environmental Defect curative materials and Remediation actions (the “Environmental Disputed Matters”) on or before Closing, then, subject to Section 5.2(c), the Asset subject to the Environmental Defect and any associated Assets will be conveyed by Seller to Buyer at Closing without any reduction to the Cash Consideration.

• HP and Enterprise agree that the Remediation Obligations at the projects set forth on Schedule 2.3(b)(iii) (Projects with Remediation Obligations and Remediation Cost Trigger) shall be handled in accordance with this Section 7.9.

• As set forth in Section 2.3(c)(vi)(D), once HP has met the Remediation Cost Trigger by expenditures of Allowable Costs arising from Remedial Activities at the projects set forth on Schedule 2.3(b)(iii) (Projects with Remediation Obligations and Remediation Cost Trigger), any additional costs incurred in fulfilling the Remediation Obligations shall become Corporate Liabilities and managed and shared equally in accordance with Section 6.12(c).

• On a quarterly basis, HP shall provide Enterprise with a summary of changes in the costs forecasted by HP for Remedial Activities at each of the projects set forth on Schedule 2.3(b)(iii) (Projects with Remediation Obligations and Remediation Cost Trigger) in a mutually acceptable form and manner, and such information shall be considered HPI Confidential Information in accordance with Section 7.2(b).

More Definitions of Remediation Cost

Remediation Cost means the cost to remedy any Environmental Liability using the most cost effective methods and manner that satisfy applicable Environmental Laws, and which are consistent with the continued use of the affected Assets in the same capacity and for the same purposes as they were being used on the Effective Date.

Remediation Cost means $500,000, which is the amount agreed upon by the parties as the estimated cost to remediate those environmental matters in respect of the Owned Real Property.

Remediation Cost means the cost of the Remedial Work.

Remediation Cost shall have the meaning set forth in Section 5.12 of this Agreement.

Remediation Cost means the cost to remedy or satisfy any Environmental Liability using the most cost effective methods and manner that satisfy applicable Environmental Laws, and which are consistent with the continued use of the affected Assets in the same capacity and for the same purposes as they were being used on the Effective Date.

Remediation Cost has the meaning set forth in Section 17.2 hereof.

Remediation Cost means the cost or expense of the Lowest Cost Response of addressing an Adverse Condition (net of any operating costs that would be incurred even in the absence of the Adverse Condition) or Environmental Claim, including, without limitation, costs of investigation, monitoring, reporting, removal, cleanup, remediation, restoration and correction, fines or penalties, oversight or administrative costs of any Governmental Authority, attorneys' fees and the cost or expense of defense against any Claim and liabilities for any Claim, in each case related to, arising out of, or connected with such Adverse Condition or Environmental Claim.