Known Environmental Liabilities definition

Known Environmental Liabilities means those Environmental Liabilities listed on Schedule 1.2(17) relating to events or conditions occurring or arising during the period prior to the Distribution.

Known Environmental Liabilities means the Liabilities listed or described on Schedule 1.01(g) and Schedule 1.01(k), in each case, under the caption “Known Environmental Liabilities.”

Known Environmental Liabilities means the Liabilities listed or described on Sections 1.01(h) and 1.01(l) of the Disclosure Letter, in each case, under the caption “Known Environmental Liabilities.”

Examples of Known Environmental Liabilities in a sentence

• On or before Closing, the Purchaser shall obtain a credit enhancement reasonably acceptable to Seller providing for not less than twenty five million dollars ($25,000,000) of aggregate environmental liability insurance from a reputable national insurance carrier, subject to a general per occurrence deductible of $250,000 with a deductible of up to $1 million for specified Known Environmental Liabilities.

• Nothing in this paragraph shall impact the rights and obligations provided in this Plan with respect to claims arising at any site other than sites included in Known Environmental Liabilities.

• NOTE -- Failure to return damaged/defective Products will void the warranty.

• To the extent ACE contends that the condition was included in the Known Environmental Liabilities and denies coverage, PENAC will either assume the condition as a Known Environmental Liability or, if PENAC does not agree to assume the New Claims, THAN will in good faith take all legal and equitable action, at the sole cost of PENAC, against ACE to compel ACE to provide coverage for such New Claims.

• Subject to the terms and conditions set forth herein, the Purchaser shall, and shall cause each of the Purchaser Indemnified Parties to, use reasonable endeavours to mitigate any Losses for Known Environmental Liabilities and Unknown Environmental Liabilities with respect to which it may be entitled to seek indemnification pursuant to this Clause 10.

More Definitions of Known Environmental Liabilities

Known Environmental Liabilities means all liabilities and Losses arising from or related to the Remediation of Known Pre-Closing Environmental Matters in accordance with Section 7.1 of this Agreement.

Known Environmental Liabilities means the matters identified in Schedule 1.57.

Known Environmental Liabilities means those Environmental Liabilities that (i) arise at any time under Environmental Laws out of a physical condition existing prior to the Closing and arising out of the operation or conduct of the Business prior to the Closing and (ii) are either (A) known to Seller as being an actual, potential, fixed, liquidated, unliquidated, contingent or conditional liability of the Business as a result of written notice received by Seller prior to the Closing from a Governmental Entity or a third party or (B) known to Seller at or prior to Closing as being potential or contingent liabilities after the Closing as a result of action or inaction by Seller occurring prior to the Closing. “Known to Seller,” “to Seller’s Knowledge,” or “to the knowledge of Seller” or similar phrases means in the conscious awareness of any of the following persons: Xxxxx Chess, Xxxx Xxxxxx, Xxxxxx Xxxxxxxx, Xxxxxx Xxxxxxxxx, Xxxxxx Xxxxxxxxxx, Xxxxxx Xxxxxxx or Xxxxx Xxxxxxxx.

Known Environmental Liabilities means, collectively, those (i) matters set forth on Schedule DEF-3 attached hereto, (ii) matters arising prior to the Closing and relating to the Packaged Gas Business or the ownership or operation of the Purchased Assets giving rise to Environmental Liabilities for which Remediation is required by applicable Environmental Law of which the Seller or its Affiliates have actual knowledge and (iii) matters arising prior to the Closing and relating to the Packaged Gas Business or the ownership or operation of the Purchased Assets giving rise to Environmental Liabilities for which Remediation is required by applicable Environmental Law that are expressly identified as actual areas of contamination or areas of concern in any Phase I Report or Phase II Report conducted pursuant to Section 7.27.

Known Environmental Liabilities means all Environmental Liabilities arising from or relating to the environmental matters specifically disclosed on Schedule 1.71.

Known Environmental Liabilities means those items designated as ------------------------------- "Known Environmental Liabilities" on Schedule 3.16.

Known Environmental Liabilities means all Liabilities and Losses arising from or related to any known or discovered Seller Environmental Liabilities as disclosed in Section 3.22 of the Disclosure Schedule.