Environmental Reserve definition

Environmental Reserve means the reserve to be created by Chemtura Corporation and the Subsidiary Debtors to hold a contribution of Cash from Chemtura Corporation and the Subsidiary Debtors in an amount to be determined by the Bankruptcy Court or agreed to by the Debtors (with the consent of the Creditors’ Committee and the Ad Hoc Bondholders’ Committee, which consent shall not be unreasonably withheld) and the holders of Disputed Environmental Claims, which reserve shall be held for the benefit of holders of Allowed Environmental Claims for distribution according to the procedures set forth in Article IX.

Environmental Reserve means a reserve determined by the Administrative Agent in its sole discretion for costs associated with (a) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (b) exposure to any Hazardous Materials or (c) any Release.

Environmental Reserve means dedicated lands that are provided to a municipality or to the Crown, as the case may be, pursuant to section 185;

Examples of Environmental Reserve in a sentence

• The developer shall install and maintain a temporary construction fence on the private property line with the adjacent Environmental Reserve to protect public lands prior to the commencement of any stripping and grading related to the site and during all phases of construction.

• The developer shall minimize stripping and grading within the Environmental Reserve.

• The developer shall restore, to a natural state, any portions of the Environmental Reserve lands along the boundaries of the plan area that are damaged in any way as a result of this development.

• With the submission of Landscape Construction Drawings, the developer shall include a detailed Restoration Plan including a maintenance schedule for each Environmental Reserve proposed to be affected by any construction.

• Municipal Reserve, Environmental Reserve, School Reserve and Public Utility Lots are not included in the count of lots created.

More Definitions of Environmental Reserve

Environmental Reserve means reserves relating to environmental matters affecting any Eligible Real Property deemed necessary by the Administrative Agent from time to time in its Permitted Discretion.

Environmental Reserve means dedicated lands that are provided to a municipality or to the Crown, as the case may be, pursuant to section 185;(q.1) “financial interest” means a financial interest within the meaning of The Cities Act, The Municipalities Act and The Northern Municipalities Act, 2010, as the case may be;

Environmental Reserve means an environmental reserve as determined in accordance with the Act which is land designated as environmental reserve on a plan of subdivision;

Environmental Reserve or “ER” means a parcel of land, or part of a parcel of land designated as an environmental reserve as defined under Section 664(1) of the Act or an Environmental Reserve Easement. Furthermore:

Environmental Reserve means the amount of One Hundred Fifty Thousand and 00/100 Dollars ($150,000.00) determined in the sole discretion of Bank (as may be amended, modified or restated, from time to time).

Environmental Reserve means land (as per Section 664(1) of the Municipal Government Act) that consists of:

Environmental Reserve means the amount of Fifty Five Thousand and 00/100 Dollars