Significance Threshold definition

Significance Threshold means a level of environmental change in any monitored parameter which, if reached, would result in a significant adverse effect.

Significance Threshold means a level of environmental change in any monitored parameter that would result in a significant adverse impact.

Significance Threshold means a level of environmental change in any monitored parameter which, if reached, would result in significant adverse effects.Add this definitionRationale: This is a key concept for the Response Framework described in Part I, Item 6. The wording provides a clear and relevant definition for this Licence. The wording is consistent with the wording used by the Mackenzie Valley Land and Water Board in its recent issuance of a Renewal Water Licence for the Snap Lake Diamond Mine.

Examples of Significance Threshold in a sentence

• Except as set forth in Section 3.08 of the Disclosure Schedule or as would not result in a Loss to the Business that exceeds the Significance Threshold, the Seller has conducted and continues to conduct the Business in accordance with all Laws and Governmental Orders applicable to the Business and has obtained all necessary Governmental Approvals to conduct the Business as presently conducted.

• The Seller owns or possesses from each appropriate Governmental Authority all permits, licenses, authorizations, approvals, quality certifications, franchises or rights issued by any Governmental Authority that are necessary to conduct the Business as presently conducted, except where the failure to obtain or have such permits would not result in a Loss to the Business that exceeds the Significance Threshold (collectively “Permits”).

More Definitions of Significance Threshold

Significance Threshold means an amount of $127,500.