Hazardous Substance Condition definition

Hazardous Substance Condition means the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous Substance as defined in Paragraph 6.2(a), in, on, or under the Premises.

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Hazardous Substance Condition means the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous Substance, in, on, or under the Premises which requires restoration.

Hazardous Substance Condition means the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous Substance as defined in Paragraph 6.2(a) in, on, or under the Premises.

Examples of Hazardous Substance Condition in a sentence

• In the event of Premises Partial Damage or Premises Total Destruction or a Hazardous Substance Condition for which Lessee is not responsible under this Lease, the Rent payable by Lessee for the period required for the repair, remediation, or restoration of such damage shall be abated in proportion to the degree to which ▇▇▇▇▇▇’s use of the Premises is impaired, but not to exceed the proceeds received from the Rental Value insurance.

• In the event Lessor elects to give a termination notice, Lessee may, within 10 days thereafter, give written notice to Lessor of ▇▇▇▇▇▇’s commitment to pay the amount by which the cost of the remediation of such Hazardous Substance Condition exceeds an amount equal to 12 times the then monthly Base Rent or $100,000, whichever is greater.

• The cost of any such inspections shall be paid by Lessor, unless a violation of Applicable Requirements, or a Hazardous Substance Condition (see paragraph 9.1) is found to exist or be imminent, or the inspection is requested or ordered by a governmental authority.

More Definitions of Hazardous Substance Condition

Hazardous Substance Condition means the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous Substance as defined in Section 10.1, in, on, or under the Premises, that requires repair, remediation, or restoration.

Hazardous Substance Condition means the occurrence or discovery of a condition involving the presence of, or a contamination by, a Hazardous Substance as defined in Paragraph 6.2(a), in, on, or under the

Hazardous Substance Condition means the existence on or under, said Property of a hazardous substance that requires remediation and / or removal and / or to be otherwise mitigated pursuant to applicable law.

Hazardous Substance Condition means the existence on or under, said property of a hazardous substance that requires remediation and/or removal and/or to be otherwise mitigated pursuant to applicable law.

Hazardous Substance Condition means the release or presence of Hazardous Substances into the soils, groundwater, surface water or structures of the Premises at or above such levels or concentrations for which Remediation is required pursuant to Applicable Requirements.

Hazardous Substance Condition means the existence of Hazardous Materials at levels which would require remediation under any Environmental Law.

Hazardous Substance Condition means the presence at, on, beneath, or within any portion of the Premises of any Hazardous Substance and/or any underground or subsurface storage tanks or other similar storage vessel, or any Hazardous Substance and/or underground or subsurface storage tanks or other similar storage vessel affecting any part of the Premises.