Tank replacement definition

Tank replacement means any modernization or modification of a tank at a site which includes the removal of the existing tank and the installation of a new tank.
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Tank replacement means replacement of one or more stationary storage tanks at an existing retail service station or excavation of 50 percent or more existing retail service station's total underground liquid piping from the stationary storage tanks to the gasoline dispensers.
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Examples of Tank replacement in a sentence

  • The Tenant must purchase the sewage holding tank located within the Site (the “Tank”) for an amount no greater than the original cost to supply and install, and all information relating to Tank replacement or repairs shall be disclosed to the Landlord and verified through receipts.

Related to Tank replacement

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Approved Replacement means, with respect to a Market Quotation, an entity making such Market Quotation, which entity would satisfy conditions (a), (b), (c) and (d) of the definition of Permitted Transfer (as determined by Party B in its sole discretion, acting in a commercially reasonable manner) if such entity were a Transferee, as defined in the definition of Permitted Transfer.

  • Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.

  • Benchmark Replacement means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).