Environmental Affiliate definition

Environmental Affiliate means any agent or employee of any Borrower or any other Relevant Party or any person having a contractual relationship with any Borrower or any other Relevant Party in connection with any Relevant Ship or its operation or the carriage of cargo and/or passengers thereon and/or the provision of goods and/or services on or from any Relevant Ship;
Environmental Affiliate means any partnership, joint venture, trust or corporation in which an equity interest is owned directly or indirectly by the Borrower and, as a result of the ownership of such equity interest, Borrower may have recourse liability for Environmental Claims against such partnership, joint venture, trust or corporation (or the property thereof).
Environmental Affiliate means, with respect to any Person, any other Person whose liability (contingent or otherwise) for any Environmental Claim such Person has retained, assumed or otherwise is liable for (by Law, agreement or otherwise).

Examples of Environmental Affiliate in a sentence

  • The Trustee Board may appoint to the category of Environmental Affiliate individuals with an interest in the environment.

  • These include the Blume Center/Earthquake Engineering Affiliate, Construction Program, Engineering & Environmental Affiliate and Energy Modeling Forum.


More Definitions of Environmental Affiliate

Environmental Affiliate means, with respect to any Person, any other Person whose liability for any Environmental Claim such Person has or may have retained, assumed or otherwise become liable for (contingently or otherwise), either contractually or by operation of law.
Environmental Affiliate means any Person, to the extent the Borrower could reasonably be expected to have liability as a result of the Borrower retaining, assuming, accepting or otherwise being subject to liability for Environmental Claims relating to such Person, whether the source of the Borrower’s obligation is by contract or operation of Government Rule.
Environmental Affiliate means any partnership, or joint venture, trust or corporation in which an equity interest is owned by the Borrower, either directly or indirectly.
Environmental Affiliate means an agent or employee of an Owner or a person in a contractual relationship with an Owner in respect of the Vessel owned by it (including without limitation, the operation of or the carriage of cargo of such Vessel).
Environmental Affiliate means any agent or employee of the Borrower or the Operator or any person having a contractual relationship with the Borrower or the Operator in connection with the Ship or its operation or the carriage of cargo and/or passengers thereon and/or the provision of goods and/or services on or from the Ship;
Environmental Affiliate means any agent or employee of any Borrower, the Commercial Manager, any Technical Manager (other than the Third Party Manager) or any other Group Member or any other person having a contractual relationship with any Borrower, the Commercial Manager, any Technical Manager (other than the Third Party Manager) or any other Group Member in connection with any Relevant Ship or its operation or the carriage of cargo and/or passengers thereon and/or the provision of goods and/or services on or from any Relevant Ship;
Environmental Affiliate means Borrower and any other Person for whom Borrower at any time has any liability (contingent or otherwise) with respect to any claims arising out of the failure of Borrower or such Person to comply with all applicable Environmental Requirements.