Common use of Environmental Defect Value Clause in Contracts

Environmental Defect Value. “Environmental Defect Value” means, with respect to an Environmental Defect, the amount of the Liability and the estimated costs and expenses of Seller (in both cases based on the reasonable proportionate cost to Seller) to Remediate or otherwise cure such Environmental Defect in the lowest cost manner reasonably available, consistent with applicable Environmental Laws, taking into account

Environmental Defect Value. “Environmental Defect Value” means, with respect to an Environmental Defect, means the amount of Remediation Costs required to bring the Liability and Asset subject to the estimated costs and expenses of Seller (in both cases based on the reasonable proportionate cost to Seller) to Remediate or otherwise cure such Environmental Defect in the lowest cost manner reasonably available, consistent into material compliance with applicable Environmental Laws, taking into account.

Environmental Defect Value. “Environmental Defect Value” means, with respect to an Environmental Defect, the amount of the Liability and the estimated costs and expenses of Seller (in both cases based on the reasonable proportionate cost to that would be borne by Seller) to Remediate or otherwise cure such Environmental Defect in the lowest a cost effective manner reasonably available, consistent with applicable Environmental Lawsthe actions and methodology that would be undertaken by a reasonably prudent operator under the circumstances, taking into accountaccount the nature of the Environmental Defect and any subsequent Remediation or cure of the Environmental Defect by Seller within the timeframes permitted under this Agreement.