Clean-Up Standard definition

Clean-Up Standard means the level of Response Action required by either (i) the Governmental Authority having jurisdiction over certain Toxic Materials or Response Action including any remediation or clean up standard set forth in Environmental Laws establishing standards for clean up where Toxic Materials are left in place; or (ii) the Port in its sole discretion, subject to and consistent with the terms of the Agreement and this Exhibit, whichever results in a more stringent clean up standard and which is more protective of human health and the Environment.
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Clean-Up Standard means the lowest cost alternative if such alternative (i) is commercially reasonable and available, and (ii) is acceptable to the Environmental Authority with jurisdiction over such matters and according to applicable Environmental Laws.
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Clean-Up Standard means the standard to which the Environmental, Health and Safety Liabilities must be remediated. This standard includes (i) written confirmation from ODEQ that no further remedial action is required with respect to the Environmental, Health and Safety Liabilities and (ii) evidence that no restrictions have been placed on the Premises which will affect the operation of the Premises, future use of the Property, or current or future improvements located on the Property.
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Examples of Clean-Up Standard in a sentence

  • UNIVERSITY OF GUAM FIELD HOUSE MAIN ARENA RENTAL FEE: Performance day(s) $ Nonperformance day(s) $ Facility overtime $ Ticket Booth $ Locker Room(s) $ Food and Beverage Concession Area *Licensee must obtain Concession Rights* Storage Room(s) $ Main Arena Setup (Standard $750.00) $ Clean-Up (Standard $750.00) $ Air Conditioning ($100.00 per hour) $ Stage, includes skirt ($35.00 per 32 square feet) $ Chairs, includes take-down but not set-up ($1.00 each) $ Tables ($5.00 each) $ Wares and Merchandise .

  • If Landlord achieves the Clean-Up Standard described herein, Landlord may require Tenant to purchase the Premises for the Fair Market Value, determined in accordance with paragraph 26 above, by providing written notice to Tenant.

  • So long as no Event of Default shall have occurred and then be continuing hereunder, Landlord does hereby give and grant to Tenant the option (the “Option”) to purchase the Premises for a purchase price (the “Purchase Price”) equal to $1,500,000.00, provided that in the event Landlord has achieved the Clean-Up Standard, thereafter, the Purchase Price shall be the greater of $1,500,000.00 or the Fair Market Value (as hereafter defined).


More Definitions of Clean-Up Standard

Clean-Up Standard means the level of Response Action required by the Governmental Authority having jurisdiction over Toxic Materials or Response Actions, as more fully described in Section 9.01.080.
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Related to Clean-Up Standard

  • safety standard means the Code of Practice for the Wiring of Premises SANS 10142-1 incorporated in the Regulations;

  • Applicable requirement means all of the following as they apply to emission units in a source requiring an air quality operating permit (including requirements that have been promulgated or approved by the Department or the administrator through rule making at the time of issuance of the air quality operating permit, but have future-effective compliance dates, provided that such requirements apply to sources covered under the operating permit):

  • Applicable Requirements means all applicable federal, state and local laws, regulations, rules, ordinances, codes, decrees, judgments, directives, or judicial or administrative orders, permits, licenses, authorizations, approvals and other duly authorized actions of any federal, state, local or other governmental regulatory or administrative agency, court, commission, department, board, or other governmental subdivision, legislature, rulemaking board, tribunal, or other governmental authority having jurisdiction, NYISO, NYSRC and NPCC requirements, and any applicable reliability standards.