Unknown Conditions definition

Unknown Conditions means (i) Unknown Archaeological Remains, (ii) Unknown Endangered Species and/or (iii) Unknown Facilities.
Unknown Conditions. Contractor accepts no responsibility for any damage resulting from structural or other defects in the property at which the installation is carried out, known or unknown. Buyer is responsible for availability and condition of electrical wiring and receptacles required to power the Safe Air UV LLC™ system. Buyer acknowledges Contractor's products do not correct or cure indoor moisture or mold problems. Contractor shall not be responsible for (a) any damages arising in whole or in part from the discovery of mold in any form, prior to or subsequent to system installation, (b) strikes, fires, accidents, floods, governmental actions or any other causes beyond control of Contractor; or
Unknown Conditions means any other substances which may be discovered in the future and found to have been present on the Real Property prior to the Closing Date in amounts which exceeded the standard set forth in applicable Environmental Laws.

Examples of Unknown Conditions in a sentence

  • Purchaser shall be responsible for the cost and expense of assessment, removal, disposal and/or remediation of Hazardous Materials (the “Remediation Expenses”) arising from Unknown Conditions, up to One Million Five Hundred Thousand and No/100 Dollars ($1,500,000.00) in the aggregate.

  • DIFFERING SITE CONDITIONS 39 21.1 Concealed or Unknown Conditions.

  • Buyer acknowledges the confidential nature of any information developed or obtained by Buyer with regard to the Known Environmental Condition of the Property and the Unknown Conditions.

  • Seller's maximum obligation for Costs pertaining to Unknown Conditions is Two Million Five Hundred Thousand Dollars ($2,500,000) and Seller's maximum obligation for Costs pertaining to Known Conditions and/or Migrating Conditions is Three Million Dollars ($3,000,000).

  • Upon encountering rock or other Unknown Conditions, Contractor will inform Company of such condition and provide Company with cost quote for the drilling or blasting of the affect of other Unknown Condition, which will be subject to Company approval before the commencement of drilling or blasting.

  • Solely for purposes of the due diligence and remediation of Unknown Conditions (hereinafter defined) as otherwise set forth in this Agreement, the Buyer’s intended development will be deemed to be substantially similar to the development plan attached hereto as Exhibit D and incorporated herein by this reference (the “Development Plan”), (the “Intended Development”).

  • Claims for Concealed or Unknown Conditions: If new and unforeseen items of work are discovered, which cannot be covered by any item or combination of items for which there is a Contract Sum, then the Contractor shall notify the Design Professional as quickly as reasonably possible and shall not continue working on the discovered new or unforeseen items without express written permission from the Design Professional.

  • Seller shall not have any responsibility for Unknown Conditions: (i) which are not disclosed to Seller by written Notice within four (4) years after the Closing Date or (ii) after Seller has expended the maximum amount required under this Section.

  • Landlord shall diligently seek to complete such Connector Building Work on or before the Estimated Term Commencement Date for the Connector Building Work (as such date may be extended for Force Majeure, Unknown Conditions or Tenant Delay).

  • Landlord shall diligently seek to complete such Project Site Work on or before the Estimated Term Commencement Date for the Project Site Work (as such date may be extended for Force Majeure (as such term is defined in Section 16.2), Unknown Conditions (as such term is defined in Section 2.8), or Tenant Delay (as such term is defined in Section 5.10(a)).


More Definitions of Unknown Conditions

Unknown Conditions means conditions at the Project site that are (a) subsurface or otherwise concealed physical conditions that differ materially from those indicated in the Landlord’s diligence reports listed on Exhibit T attached hereto, or (b) unknown physical conditions of an unusual nature that differ materially from those ordinarily found to exist and generally recognized as inherent in construction activities of the character provided for pursuant to this Lease; provided, however, that in no event shall the presence of mold or asbestos at the Project be deemed to be an Unknown Condition; the removal and abatement of both of which, unless introduced by Tenant, shall remain Landlord’s obligation (at Landlord’s cost and expense) throughout the Term. Landlord shall remediate or remove any asbestos that is known to be located in the Premises in accordance with, and to the extent required by, Applicable Laws and as part of Landlord’s Work. Following the completion of such remediation, Landlord shall deliver to Tenant a notice containing a complete and unconditional sign off from a licensed independent/ third party engineer, certifying that, in such engineer’s professional opinion, the Premises have been completely remediated and contain no asbestos, all as required by Applicable Law governing the same. In the performance of the work relating to any of said abatement and removal activity throughout the Term, Landlord shall perform the same in a good and workmanlike manner, free of defects, and restore all damage to the portion of the Premises affected thereby to their condition prior to the performance of any such work.

Related to Unknown Conditions

  • Step Down Conditions As of any Distribution Date on which any decrease in any Senior Prepayment Percentage may apply, (i) the outstanding Principal Balance of all Mortgage Loans 60 days or more Delinquent (including Mortgage Loans in REO and foreclosure), averaged over the preceding six month period, as a percentage of the aggregate of the Class Certificate Principal Balances of the Classes of Subordinate Certificates on such Distribution Date, does not equal or exceed 50% and (ii) cumulative Realized Losses with respect to all of the Mortgage Loans do not exceed: · for any Distribution Date on or after the seventh anniversary until the eighth anniversary of the first Distribution Date, 30% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the eighth anniversary until the ninth anniversary of the first Distribution Date, 35% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the ninth anniversary until the tenth anniversary of the first Distribution Date, 40% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, · for any Distribution Date on or after the tenth anniversary until the eleventh anniversary of the first Distribution Date, 45% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date, and · for any Distribution Date on or after the eleventh anniversary of the first Distribution Date, 50% of the aggregate Certificate Principal Balance of the Subordinate Certificates as of the Closing Date.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Litigation Conditions has the meaning set forth in Section 11.3.

  • Specific Conditions means the conditions negotiated and agreed between the Purchaser and the Supplier incorporated into and appearing on the front of the Order including any Specification.

  • Release Conditions mean the following conditions: (i) Company has received the Executive’s executed Release and (ii) any rescission period applicable to the Executive’s executed Release has expired.