Environmental Events definition

Environmental Events. (“EE”) means the total number of reportable quantities and water deviations.

Environmental Events shall have the meaning set forth in Section 9.3(b) hereof.

Environmental Events. (“EE”) means the total number of reportable quantities and water deviations. • Reportable quantities are releases of substances during a 24-hour period that exceed a federal, state or local reporting threshold. ◦ Reportable quantity is an event or contemporaneous combination of events during at 24-hour period that results in a release that exceeds a reportable quantity or quantities of a EPCRA/CERCLA compound as defined in the EPA List of Lists or a release that exceeds any other federal, state or local reporting threshold. Federally permitted releases and continuous releases defined in 40 CFR §302.6 and §302.8 are not considered reportable quantities under this measure. ◦ A reportable quantity is counted by event or contemporaneous combination of events, not by the number of individual reports that are filed or number of compounds which exceed their reportable quantity. Events are considered contemporaneous if they occur within 24-hours or when a common cause results in one or more reportable quantities during contiguous or overlapping 24-hour periods. • Water deviations are exceedances of a NPDES-based permit limit, wastewater bypasses and sheens to water of the United States. ◦ The number of deviations is based on the number of individual permit limits exceeded irrespective of the number of causal events attributed to the deviation. However, a continuance of an ongoing permit limit deviation would not be double-counted if it were contemporaneous with a prior deviation and/or event. ◦ Oil sheens and reportable quantities to water are only counted once as a water deviation environmental event. A single event that results in multiple reportable quantities and/or when a water deviation is also a regulatory reportable quantity is not “double-counted” and will only be considered one Environmental Event.

Examples of Environmental Events in a sentence

• Company Performance: Environmental Health & Safety (EH&S) Measures – 25% EH&S measures are as follows (see Appendix F for definitions): • Personal Safety – Total Recordable Injury Rate (TRIR); • Process Safety – Process Safety Incident Rate (PSIR); and • Environmental Events (EE).

• Total environmental incidents will still include Top Level Environmental Events (federally reportable releases and permit exceedances).Cash FlowCash Flow represents the amount of cash generated by business operations.

• For the avoidance of doubt, this representation is not intended to address Seller’s Knowledge of liabilities or obligations which are Environmental Events, which are covered in Section 6 of this Agreement.

• Company Performance: Environmental Health & Safety (EH&S) Measures – 25% EH&S measures are as follows (see appendix F for definitions): • Personal Safety – Total Recordable Injury Rate (TRIR); • Process Safety – Process Safety Incident Rate (PSIR); and • Environmental Events (EE).

• For purposes hereof, a "Reportable Environmental Event" ------------------------------ shall mean an Environmental Event with respect to which the Remediation Costs could reasonably be expected to exceed $1 million, or, when added to the remaining Remediation Costs for all other then existing Environmental Events, could reasonably be expected to exceed $5 million.

• For the purposes of this Section 25, all Environmental Events shall be rebuttably presumed to have occurred prior to the Title Divestment Date, which presumption may only be rebutted by clear and convincing evidence.

More Definitions of Environmental Events

Environmental Events has the meaning specified in Section 5.14(c);