Common use of Other States Clause in Contracts

Other States. Outside of New Jersey, NUI Corporation owns, or previously owned, ten properties located in the states of North Carolina, South Carolina, Pennsylvania, New York and Maryland on which MGPs were operated by NUI or by other parties in the past. Two sites (Athens, Pennsylvania; Reidsville, North Carolina) have been sold to third parties, who have agreed to indemnify NUI against environmental liabilities. Of these ten sites, only one site (Elizabeth City, North Carolina) has had any regulatory activity over the past ten years. The Exxxxxxxx City site is subject to an Administrative Consent Order with the North Carolina Department of Environment and Natural Resources (“NCDENR”), dated October 31, 2001, and under such order, the Company has been directly by the NCDENR to enter the formal site investigation stage. Currently, there is only limited information available to assess the potential environmental liability associated with these non-New Jersey sites, and the liability for these sites will remain an uncertainty until a more vigorous environmental assessment is performed. Regarding the Exxxxxxxx City site, experience at other similar sites suggests that the costs for remediation of this site will likely range from $10 to $20 million. There is one other site in North Carolina where investigation and remediation is probable, although no regulatory order exists and there is not currently any basis to reasonably estimate the costs of such actions. For the remaining sites, no basis for liability has been asserted.

Other States. Outside of New Jersey, NUI Corporation owns, or previously owned, ten properties located in the states of North Carolina, South Carolina, Pennsylvania, New York and Maryland on which MGPs were operated by NUI or by other parties in the past. Two sites (Athens, Pennsylvania; Reidsville, North Carolina) have been sold to third parties, who have agreed to indemnify NUI against environmental liabilities. Of these ten sites, only one site (Elizabeth City, North Carolina) has had any regulatory activity over the past ten years. The Exxxxxxxx Xxxxxxxxx City site is subject to an Administrative Consent Order with the North Carolina Department of Environment and Natural Resources (“NCDENR”), dated October 31, 2001, and under such order, the Company has been directly by the NCDENR to enter the formal site investigation stage. Currently, there is only limited information available to assess the potential environmental liability associated with these non-New Jersey sites, and the liability for these sites will remain an uncertainty until a more vigorous environmental assessment is performed. Regarding the Exxxxxxxx Xxxxxxxxx City site, experience at other similar sites suggests that the costs for remediation of this site will likely range from $10 4 to $20 19 million. There is one other site in North Carolina where investigation and remediation is probable, although no regulatory order exists and there is not currently any basis to reasonably estimate the costs of such actions. For the remaining sites, no basis for liability has been asserted.

Other States. Outside of New Jersey, NUI Corporation owns, or previously owned, ten properties located in the states of North Carolina, South Carolina, Pennsylvania, New York and Maryland on which MGPs were operated by NUI or by other parties in the past. Two sites (Athens, Pennsylvania; Reidsville, North Carolina) have been sold to third parties, who have agreed to indemnify NUI against environmental liabilities. Of these ten sites, only one site (Elizabeth City, North Carolina) has had any regulatory activity over the past ten years. The Exxxxxxxx Xxxxxxxxx City site is subject to an Administrative Consent Order with the North Carolina Department of Environment and Natural Resources (“NCDENR”)Resources, dated October 31, 2001, and under such order, the Company has been directly by the NCDENR to enter the formal site investigation stage. Currently, there is only limited information available to assess the potential environmental liability associated with these non-New Jersey sites, and the liability for these sites will remain an uncertainty until a more vigorous environmental assessment is performed. Regarding the Exxxxxxxx Xxxxxxxxx City site, experience at other similar sites suggests that the costs for remediation of this site will likely range from $10 4 to $20 19 million. There is one other site in North Carolina where investigation and remediation is probable, although no regulatory order exists and there is not currently any basis to reasonably estimate the costs of such actions. For the remaining sites, no basis for liability has been asserted.