Known Environmental Conditions shall have the meaning set forth in Section 4.20(a).

Known Environmental Conditions means the Release or existence of Total Petroleum Hydrocarbon (defined as any mixture of hydrocarbons that are originally found in or derived from crude oil) in soil, soil vapor, ambient air or groundwater at the Facility as of or prior to the Closing Date.

Known Environmental Conditions has the meaning provided in Section 2(d) hereof.

Examples of Known Environmental Conditions in a sentence

Refer to Attachment B, Summary of Known Environmental Conditions.
Furthermore, excluding Known Environmental Conditions, the seller agreed to assume and indemnify the Company for environmental conditions relating to the purchased assets found to be known by seller up to the date of closing of the transaction yet not disclosed to the Company at that time.
Additionally, applicants are required to complete the Applicant Certification of Known Environmental Conditions and submit photographs of the overall property, existing conditions and all proposed improvement areas.
The Parties acknowledge that the Environmental Reports may reveal certain existing Environmental Conditions (the "Known Environmental Conditions") at the Project Site and the possibility for certain Response Actions in connection therewith.
Nevertheless, the City shall be obligated to commence any Response Actions relating to the Known Environmental Conditions and to continue to pursue and perform such Response Actions to completion in a diligent and commercially reasonable manner.

More Definitions of Known Environmental Conditions

Known Environmental Conditions means (i) all Environmental Conditions set forth on Schedule 1.2 [*].

Known Environmental Conditions means Pre-Closing Environmental Conditions that are identified in the Environmental Documents or could be reasonably extrapolated therefrom.

Known Environmental Conditions means any investigation, delineation, sampling, testing, cleanup, natural attenuation, monitoring, reporting, mitigation activity, potable well replacement, vapor mitigation or any other action or activity of any kind related to pollution or contamination of the environment, including any surface or groundwater, potable water, sediment, soil, indoor or outdoor air or any other media, and any nuisance, trespass, vapor intrusion, damage or alleged damage to any real property, personal property or natural resource or harm or alleged harm to human health or safety, or any other condition relating to the Release, use, generation, treatment, storage, introduction, handling, processing, transportation or transfer of any Hazardous Materials at, on, in, under, from or to the Newport Beach Property or the Xxxxxx Ford Property regardless of (a) whether such Release was caused by the Company, its Subsidiaries or predecessors or any other Person, (b) whether or not at the time the facts and circumstances resulting in the contamination or Release occurred were a violation of or created liability under any Environmental Law, and (c) when such a Release occurred prior to the Closing Date, but including the post-Closing migration or degradation of Hazardous Materials that existed at, on, in, under or about the Newport Beach Property or the Xxxxxx Ford Property as of the Closing Date.

Known Environmental Conditions has the meaning specified in Section 5.25.

Known Environmental Conditions means: those items listed on Schedule A, attached hereto, which items violate Environmental Laws; and those items known to Seller but not disclosed to or known by Buyer prior to the Closing Date, which items violate Environmental Laws.

Known Environmental Conditions means all Environmental Conditions, excluding Increased Environmental Construction Costs, disclosed in the Environmental Documents or all Environmental Conditions about which Buyer obtains actual Knowledge of during the Due Diligence Period. For purposes of this Agreement, “Unknown Environmental Conditions” shall mean all other Environmental Conditions, excluding Increased Environmental Construction Costs, that exist at the Property as of the Closing Date. Seller and Buyer have agreed that Seller’s capped aggregate obligation (the “Seller’s Capped Aggregate Exposure”) to Buyer for Unknown Environmental Conditions and Increased Environmental Construction Costs, shall be $250,000 and the parties agree to the following process and allocation of Seller’s maximum liability in connection with Known Environmental Conditions, Unknown Environmental Conditions and Increased Environmental Construction Costs:

Known Environmental Conditions means (a) ZML's Environmental Disclosures, and (b) subject to Urban's rights in respect of Section 9(A)(xii) if and to the extent applicable, any conditions existing as of September 3, 1993, which conditions include, but are not limited to, those matters referred to in the Delta Report, the Versar Report, and the Law Report. This Section 9(F) shall survive the Closing without limitation as to time.