designations by S&P definition
designations by S&P or "1", "2" and "3" designations by Moody's). If a Rating Agency does not have a Secured Rating outstanding and in effect on any day, then there exists no Designated Rating by such Rating Agency for such day. "Environmental Claim" means any allegation, notice of violation, ------------------- claim, demand, or order by any governmental authority or any Person for any damage or for fines, penalties or restrictions, resulting from or based upon (i) the existence of a Release of, or exposure to, any Hazardous Material, in, into or onto the environment at, in, by, from or related to any facility, (ii) the use, handling, transportation, storage, treatment or disposal of Hazardous Materials in connection with the operation of any facility, or (iii) the violation of any Environmental Laws. "Environmental Laws" means all Laws relating to environmental ------------------ matters, including, without limitation, those relating to fines, orders, injunctions, penalties, damages,
designations by S&P or "1", "2" and "3" designations by Moody's). If a Rating Agency does not have a Secured Rating outstanding and in effect on any day, then there exists no Designated Rating by such Rating Agency for such day. "Environmental Claim" means any allegation, notice of violation, ------------------- claim, demand, or order by any governmental authority or any Person for any damage or for fines, penalties or restrictions, resulting from or based upon (i) the existence of a Release of, or exposure to, any Hazardous Material, in, into or onto the environment at, in, by, from or related to any facility, (ii) the use, handling, transportation, storage, treatment or disposal of Hazardous Materials in connection with the operation of any facility, or (iii) the violation of any Environmental Laws. "Environmental Laws" means all Laws relating to environmental ------------------ matters, including, without limitation, those relating to fines, orders, injunctions, penalties, damages, contribution, cost recovery compensation, losses or injuries resulting from the Release or threatened Release of Hazardous Materials and to the generation, use, storage, transportation, or disposal of Hazardous Materials, in any manner applicable to Company or any of its Subsidiaries or any of their respective properties, including, without limitation, the Comprehensive Environmental Response, Compensation, and Liability Act ( 42 U.S.C. Subsection 9601 et seq. ), the Hazardous -- ---- Material Transportation Act ( 49 U.S.C . Subsection 1801 et seq. ), the -- ---- Resource Conservation