COMPLIANCE LIABILITY definition

COMPLIANCE LIABILITY means a breach of Environmental Laws and/or Environmental Permits at or prior to Completion;
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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.
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Related to COMPLIANCE LIABILITY

  • Lender’s Environmental Liability means any and all losses, liabilities, obligations, penalties, claims, litigation, demands, defenses, costs, judgments, suits, proceedings, damages (including consequential damages), disbursements or expenses of any kind or nature whatsoever (including reasonable attorneys’ fees at trial and appellate levels and experts’ fees and disbursements and expenses incurred in investigating, defending against or prosecuting any litigation, claim or proceeding) which may at any time be imposed upon, incurred by or asserted or awarded against the Administrative Agent, any Lender or any Issuer or any of such Person’s Affiliates, shareholders, directors, officers, employees, and agents in connection with or arising from:

  • Excluded Environmental Liabilities means any and all Environmental Liabilities whether arising before, at or after the Effective Time, to the extent relating to, resulting from, or arising out of the past, present or future operation, conduct or actions of ▇▇▇▇▇▇▇ Retained Business.

  • Compliance Forester means the DNR staff person(s) identified in the Pre-Work Conference who perform the compliance inspections, approve Work, recommend payment to the Contract Manager, and manage the Work Schedule.

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Environmental Liability means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing.