Specified Environmental Liabilities definition

Specified Environmental Liabilities means reasonable costs and expenses that are actually incurred (including reasonable costs and expenses actually incurred by any Seller Entity or the Acquired Subsidiary) in connection with any Remediation of any Specified Environmental Matters required by Environmental Laws and any Governmental Entity having jurisdiction.
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Specified Environmental Liabilities means the Environmental Liabilities specified on Schedule XV, together with each Party’s proportionate share of any such Liability allocated to each Party as set forth therein.
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Specified Environmental Liabilities means all Liabilities relating to, arising out of or resulting from any Hazardous Materials, Hazardous Materials Laws or contract or agreement relating to environmental, health or safety matters (including all removal, remediation or cleanup costs, investigatory costs, response costs, natural resources damages, property damages, personal injury damages, costs of compliance with any product take-back requirements or with any settlement, judgment or other determination of Liability and indemnity, contribution or similar obligations), in each case, occurring or existing prior to December 15, 2020, and all costs and expenses, interest, fines, penalties or other monetary sanctions in connection therewith.
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Examples of Specified Environmental Liabilities in a sentence

  • Notwithstanding any provision to the contrary herein, Schedule XV sets forth a list of Specified Environmental Liabilities and, for each such Specified Environmental Liability (except as otherwise noted on Schedule XV), the proportionate share of the total Liability that is allocated to each Party.

  • All Specified Environmental Liabilities shall, for the purposes of the limitations in this Section 10.5(b)(i)(B), apply towards determining the Seller’s total Liability under Section 10.1(f), regardless of whether such Liabilities are incurred before or after the Closing, incurred by the Seller or the Buyer (or any of their respective Affiliates) or subject to any indemnification claim by any Buyer Indemnified Person.

  • Notwithstanding any provision to the contrary herein, Schedule XV sets forth a list of Specified Environmental Liabilities and, for each such Specified Environmental Liability, the proportionate share of the total Liability that is allocated to each Party.


More Definitions of Specified Environmental Liabilities

Specified Environmental Liabilities means the Liabilities set forth on Section A(28) of the Seller's Disclosure Schedule.
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Specified Environmental Liabilities means any Liabilities under Environmental Laws arising from: (a) the former Harleysville site; (b) the Sandoval Zinc Company; (c) former operations in Bensalem, Pennsylvania or Trenton, New Jersey, or (d) exposure to asbestos or asbestos-containing material in connection with Seller or its Affiliates (but not the Company).
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Specified Environmental Liabilities means those Environmental Liabilities of the Acquired Companies, whether arising before, on, or after the Closing Date, relating to or arising from the matters set forth on Schedule 1.1(i).
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Specified Environmental Liabilities means any Liabilities under Environmental Laws arising from: (a) the former Harleysville site; (b) the Xxxxxxxx Zinc Company; (c) former operations in Bensalem, Pennsylvania or Trenton, New Jersey, or (d) exposure to asbestos or asbestos-containing material in connection with Seller or its Affiliates (but not the Company).
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Related to Specified Environmental Liabilities

  • Environmental Liabilities means all liabilities, monetary obligations, losses, damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand, or Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action.

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Company or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.

  • Environmental Action means any action, suit, demand, demand letter, claim, notice of non-compliance or violation, notice of liability or potential liability, investigation, proceeding, consent order or consent agreement relating in any way to any Environmental Law, Environmental Permit or Hazardous Materials or arising from alleged injury or threat of injury to health, safety or the environment, including, without limitation, (a) by any governmental or regulatory authority for enforcement, cleanup, removal, response, remedial or other actions or damages and (b) by any governmental or regulatory authority or any third party for damages, contribution, indemnification, cost recovery, compensation or injunctive relief.