COMPLIANCE LIABILITY definition
COMPLIANCE LIABILITY means a breach of Environmental Laws and/or Environmental Permits at or prior to Completion;
COMPLIANCE LIABILITY means any obligation or liability arising as the result of any default, violation or breach by Landlord or its affiliates or previous tenants of the demised premises or adjoining tenants prior to the commencement of the term of this Lease of: (i) environmental Permits and other approvals, consents, licenses, certificates and authorizations applicable to the Private Parcel of the operation of prior tenant's or other occupant's business and activities thereon which are required by Environmental Laws; (ii) any environmental regulatory compliance requirements applicable to the Private Parcel or operations conducted on or from the Private Parcel under Environmental Laws; or (iii) other Environmental Laws. EQUIPMENT FINANCING is defined in SECTION 3.10. EQUIPMENT LESSOR is defined in SECTION 3.10. FORCE MAJEURE shall mean delays or defaults due to war; insurrection; strikes, lockouts; riots; floods; earthquakes; fires; casualties; acts of God; acts of the public enemy; epidemics; quarantine restrictions; unusually severe weather; or other causes beyond the reasonable control of the party obligated to perform (except financial inability). An extension of time for any such cause shall be for the period of the enforced delay and shall commence to run from the time of the commencement of the cause if notice by the party claiming such extension is given to the other party or parties within thirty (30) days after the commencement of the cause. HAZARDOUS MATERIALS means any petroleum, petroleum products, fuel oil, derivatives of petroleum products or fuel oil, explosives, reactive materials, ignitable materials, corrosive materials, hazardous chemicals, hazardous wastes, hazardous substances, extremely hazardous substances, toxic substances, toxic chemicals, radioactive materials, medical waste, biomedical waste, infectious materials and any other element, compound mixture, solution or substance which may pose a present or potential hazard to human health or safety or to the environment. IMPOSITIONS is defined in SECTION 4.01.