Environmental Compliance Costs definition

Environmental Compliance Costs means any expenditures, costs, assessments or expenses (including, without limitation, any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, disbursements and expenses of attorneys, experts, personnel and consultants), whether direct or indirect, necessary to cause the operations, real property, assets, equipment or facilities owned, leased, operated or used by the Seller to be in compliance with any and all requirements, as in effect at the Closing Date, of Safety and Environmental Laws, principles of common law concerning pollution, protection of the Environment or health and safety, or Permits issued pursuant to Safety and Environmental Laws; provided, however, that Environmental Compliance Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal maintenance of such real property, assets, equipment or facilities or the replacement of equipment in the normal course of events due to ordinary wear and tear.
Environmental Compliance Costs means only those capital costs incurred by an investor-owned public utility to comply with the emissions limitations set out in G.S. 143-215.107D that exceed the costs required to comply with 42 U.S.C. § 7410(a)(2)(D)(i)(I), as implemented by 40 Code of Federal Regulations § 51.121 (July 1, 2001 Edition), related federal regulations, and the associated State or Federal Implementation Plan, or with 42 U.S.C. § 7426, as implemented by 40 Code of Federal Regulations § 52.34 (July 1, 2001 Edition) and related federal regulations. The term "environmental compliance costs" does not include:
Environmental Compliance Costs means any expenditures, costs, assessments or expenses (including any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, disbursements and expenses of attorneys, experts, personnel and consultants), whether direct or indirect, necessary to cause the operations, real property, assets, equipment or facilities owned, leased, operated or used by the Company to be in material compliance with any and all requirements, as in effect at the Closing Date, of Safety and Environmental Laws, principles of common law concerning pollution, protection of the Environment or health and safety, or Permits issued pursuant to Safety and Environmental Laws; provided, however, that Environmental Compliance Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal maintenance of such real property, assets, equipment or facilities or the replacement of equipment in the normal course of events due to ordinary wear and tear.

Examples of Environmental Compliance Costs in a sentence

  • Estimates of Environmental Compliance Costs by Entity and Technology These estimates of compliance costs raise an important issue for the planning process.

  • Energy Efficiency Cost-Effectiveness Screening: How to Properly Account for ‘Other Program Impacts’ and Environmental Compliance Costs.

  • Natural gas will represent 51.4% of Florida’s energy mix by 2019.123 U.S. Energy Information Administration, Natural Gas Wellhead Price, at: http://tonto.eia.doe.gov/dnav/ng/hist/n9190us3m.htm.124 Progress Energy press release, Progress Energy Estimates Fuel, Nuclear and Environmental Compliance Costs, August 29, 2008, at: www.progress-energy.com/aboutus/news/article.asp?id=19482.

  • Costs that FPL has prudently incurred as a result of the 2015 Consent Agreement (as amended) and 2016 Consent Order are Environmental Compliance Costs that are recoverable pursuant to Section 366.8255.

  • Sectors Included in the Regression Analysis of Environmental Compliance Costs A-6.


More Definitions of Environmental Compliance Costs

Environmental Compliance Costs means any expenditures, costs, assessments or expenses (including any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, disbursements and expenses of attorneys, experts, personnel and consultants), necessary to bring the operations, real property, assets, equipment or facilities owned, leased, operated or used by the Company or any of its Subsidiaries from noncompliance into compliance with any and all requirements of Environmental Laws, principles of common law concerning pollution or protection of the environment, or Permits issued pursuant to Environmental Laws; provided, however, that Environmental Compliance Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal maintenance of such real property, assets, equipment or facilities or the replacement of equipment in the normal course of events due to ordinary wear and tear.
Environmental Compliance Costs means any Losses necessary to cause a company's operations, real property, assets, equipment or facilities to be in compliance with any and all requirements of Environmental Laws or principles of common law relating to pollution, protection of the environment or health and safety.
Environmental Compliance Costs means any cost or expense necessary to enable the affected property to comply with all applicable Environmental Laws.
Environmental Compliance Costs means any expenditures, ------------------------------ costs, assessments or expenses (including, without limitation, any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, disbursements and expenses of attorneys, experts, personnel and consultants), whether direct or indirect, necessary to cause the operations, real property, assets, equipment or facilities owned, leased, operated or used by any of the Merging Parties or by any of their subsidiaries to be in compliance with any and all requirements, as in effect as of the date hereof, of Safety and Environmental Laws, principles of common law concerning pollution, protection of the Environment or health and safety, or Permits issued pursuant to Safety and Environmental Laws; provided, however, -------- ------- that Environmental Compliance Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal maintenance of such real property, assets, equipment or facilities or the replacement of equipment in the normal course of events due to ordinary wear and tear.
Environmental Compliance Costs means any expenditures, costs, ------------------------------ assessments or expenses (including any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, disbursements and expenses of attorneys, experts, personnel and consultants), whether direct or indirect, necessary to cause the operations, real property, assets, equipment or facilities owned, leased, operated or used by the Company or any of its Subsidiaries, or the property of any predecessor of the Company or any of its Subsidiaries, to be in compliance with any and all requirements of Environmental Laws, principles of common law concerning pollution, protection of the environment or health and safety, or Permits issued pursuant to Environmental Laws; provided, however, that Environmental Compliance -------- ------- Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal maintenance of such real property, assets, equipment or facilities or the replacement of equipment in the normal course of events due to ordinary wear and tear.
Environmental Compliance Costs means any expenditures, costs, assessments or expenses (including any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, disbursements and expenses of attorneys, experts, personnel and consultants), whether direct or indirect, necessary to cause the operations, real property, assets, equipment or facilities owned, leased, operated or used by the Company or any of its Subsidiaries to be in compliance with any and all requirements of Environmental Laws, or Permits issued pursuant to Environmental Laws; provided, however, that Environmental Compliance Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal operation or maintenance of such real property, assets, equipment or facilities or the replacement of equipment in the normal course of events due to ordinary wear and tear.
Environmental Compliance Costs means any expenditures, costs, assessments or expenses (including, without limitation, any expenditures, costs, assessments or expenses in connection with the conduct of any Remedial Action, as well as reasonable fees, charges, disbursements and expenses of attorneys, experts, personnel and consultants), whether direct or indirect, necessary to cause the Business or any of the Assets to be in compliance with any and all requirements, as in effect at the Closing Date and with respect to which the Buyer reasonably believes the Business or any of the Assets are obligated to comply, of Environmental Laws, principles of common law concerning pollution, protection of the Environment or health and safety (with respect to health and safety, to the extent relating to the presence of Hazardous Substances or the exposure of individuals to Hazardous Substances), or Permits issued pursuant to Environmental Laws; provided, however, that Environmental Compliance Costs do not include expenditures, costs, assessments or expenses necessary in connection with normal maintenance of the Business or any of the Assets or the replacement of equipment in the normal course of events due to ordinary wear and tear.