Underground Storage Tank insured section F Underground storage tank means any tank and associated piping and appurtenance which tank has more than 10% of its volume below ground.
Underground Storage Tank. Seller has informed Buyer, and Buyer acknowledges, that the Property includes [__] operational [__] gallon underground tank[s] used for the storage of diesel fuel. Buyer acknowledges, subject to Buyer’s right to perform Due Diligence pursuant to this Agreement and to terminate this Agreement pursuant to the foregoing paragraph, that it is a material factor in Seller’s acceptance of the Purchase Price that Buyer agree to accept said tank with the Property. 4.7
Underground Storage Tank. Notwithstanding anything in this Lease to the contrary, Tenant shall have the right, at Tenant’s sole cost and expense, but without payment of any additional rent under the Lease, to use the four thousand (4,000) gallon underground diesel storage tank originally installed under the Real Property by a prior tenant of the Building (the “UST”), the electrical generator originally installed on the roof of the Building by such prior tenant (the “Generator”) and related equipment, including, but not limited to, fuel lines, electrical lines and electrical power connections and meters to service the Premises (collectively referred to herein, including the UST and the Generator, as the “UST and Generator Equipment”) subject to, and in accordance with, the terms and conditions contained in this Section 5.06.
Underground Storage Tank. Run-Off Carrier: Zurich Policy Term: October 1, 2010 to April 1, 2014 Policy No.: USC 9425950 01 Coverages: Protects owners and operators of underground storage tanks (USTs) by providing financial resources to pay for cleanup of spills and/or leaks from their tanks. Limits: $2,000,000 Each Claim 2,000,000 Total for All Claims Deductibles: $5,000 Each Claim
Underground Storage Tank. In accordance with the requirements of the D.C. Underground Storage Tank Management Act of 1990, as amended by the District of Columbia Underground Storage Tank Management Act of 1990 Amendment Act of 1992 (D.C. Code 6-995.1 et seq.) (the “Underground Act”), and the D.C. Underground Storage Tank Regulations, 20 DCMR Chapters 55-68 (the “Regulations”), the Seller hereby informs the Purchaser that the Seller has no knowledge of the existence of any “underground storage tank,” as that term is defined in the Underground Act and the Regulations, on the Property.
Underground Storage Tank. The Seller knows of two underground storage tank located on the Property. The provisions of this Section shall survive Closing. The representations and warranties contained in this Section shall be true and correct on the Effective Date and the Closing Date. The Seller shall indemnify and hold the Buyer harmless from any damages sustained by the Buyer that were caused by the Seller’s material breach of any of the above representations and warranties, but only if the claim for indemnification is made within nine (9) months after the Closing Date.
Underground Storage Tank. Buyer's confirmation that the underground storage tank located near the Sears store will either be removed or sealed prior to the Closing Date in accordance with applicable law.
Underground Storage Tank. Buyer and Seller shall each make a good faith reasonable effort to agree on plans for the removal or sealing of the underground storage tank located near the Sears store in accordance with applicable law.
Underground Storage Tank. Buyer's and Seller's satisfactory resolution of the issues regarding the removal or sealing of the underground storage tank located near the Sears store in accordance with applicable law.
Underground Storage Tank. Seller has informed Buyer, and Buyer acknowledges, that the Property includes one (1) operational 10,000 gallon underground tank used for the storage of diesel fuel. Buyer acknowledges, subject to Buyer’s right to perform Due Diligence pursuant to this Agreement and to terminate this Agreement pursuant to the foregoing paragraph, that it is a material factor in Seller’s acceptance of the Purchase Price that Buyer agree to accept said tank with the Property. 5. Seller’s Covenants. Between the Effective Date and the Closing Date: 5.1
