Definition of Storm Pre-Closing Environmental Liabilities


Storm Pre-Closing Environmental Liabilities means any Environmental Liabilities arising or resulting from (a) any violation of Environmental, Health and Safety Requirements by Storm or its Affiliates in connection with the operation of the Storm Subsea Business or the Storm Transferred Assets prior to the Closing Date; (b) any Release or presence of Hazardous Substances on, at, in, under or from any Storm Owned Real Property or any Storm Leased Real Property to the extent such Release occurred or such presence existed prior to the Closing Date; or (c) any disposal or arrangement for disposal of Hazardous Substances prior to the Closing Date by Storm or its Affiliates at any third-party landfill or other third-party disposal location in connection with the operation of the Storm Subsea Business.
Sample 1