Environmental Cap definition

Environmental Cap has the meaning set forth in Section 23.6(b)(iv).

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Environmental Cap has the meaning ascribed to that term in Section 3.08(a).

Environmental Cap has the meaning set forth in Section 13.4(a)(ii) hereof.

Examples of Environmental Cap in a sentence

The Deductible shall not be applied against or reduce any amounts payable in respect of any of the Retained/Assumed Liabilities or Covered Matter Losses or Special Environmental Losses, and no payments of the Retained/Assumed Liabilities by Seller shall be included in calculating liabilities subject to the Cap, the Cap for Fraud and Other Special Losses, any of the Covered Matters Caps, or the Special Environmental Cap.
Notwithstanding the foregoing, the Environmental Cap will be reduced to $7,500,000.00 on the day immediately following the termination of the Escrow Agreement.
Seller shall not be liable for and, for purposes of calculating Buyer's satisfaction of the Environmental Deductible and Buyer's utilization of the Environmental Cap, indemnifiable Environmental Damages shall not include, any individual Environmental Damage totaling less than (euro)100,000; PROVIDED that for purposes of the foregoing, any series of related Environmental Damages shalL be considered an individual Environmental Damage.
For the avoidance of doubt, it is understood and agreed that this Section 5.11(c), together with Section 5.11(d) below, imposes "line-item" budget expenditure restrictions only with respect to Capital Expenditures (other than Environmental Cap Ex) as set forth above.
Notwithstanding the foregoing, in no event shall the total value of the Shares retained by the Purchaser pursuant to the Stock Holdback Issuance Set-Offs (based upon the value of those Shares on the respective dates of set-off) exceed the Purchaser Cap and the Environmental Cap (each as defined in Section 10.05 hereof.

More Definitions of Environmental Cap

Environmental Cap shall have the meaning set forth in Section 11.6(a)(iii).

Environmental Cap has the meaning set forth in Section 10.02.

Environmental Cap shall have the meaning specified in 11.4(c)(ii).

Environmental Cap has the meaning given such term in Section 5.02(e).

Environmental Cap is defined in Section 2.6(a).

Environmental Cap. 7.15(b) “Equitable Exceptions” § 4.04(a) “ERISA Affiliate” § 4.10(b) “Escrow Agreement” § 8.03(e)

Environmental Cap shall have the meaning set forth in Section 6(C)(4)(a)(iii).