Environmental insurance definition

Environmental insurance means liability insurance for environmental contamination and cleanup that is not otherwise required by state or federal law.
Environmental insurance means the environmental insurance policy conforming with the endorsements, requirements and coverage limits set forth on Exhibit H hereto, issued by an Acceptable Insurance Company.
Environmental insurance is defined in Section 207.10. “Escrow” is defined in Section 202 hereof.

Examples of Environmental insurance in a sentence

  • Only the following costs will be eligible for Brownfields Remediation Tax Assistance: - Environmental studies; i.e. a Phase II Environmental Site Assessment and/or a Phase III Environmental Site Assessment/Remedial Workplan;- Environmental remediation;- Environmental insurance premiums;- Demolition or removal of debris relating to remediation;- Cost of complying with a Certificate of Property Use.

  • Environmental insurance must be obtained for any property acquisition.

  • Environmental insurance policy Environmental insurance policy is measured at the fair value, which represents the present value of the guaranteed funds after the deduction of fees and finance costs.

  • Environmental insurance systems range from very well developed in the US and Finland to rudimentary in Japan and Russia.

  • Environmental insurance in the use of natural resources shall include insurance for the civil liability of natural resource user legal entities and individuals for the damage that may be caused to the environment and third parties in the event of a certain insured casualty.


More Definitions of Environmental insurance

Environmental insurance has the meaning set forth in Section 5(s).
Environmental insurance is defined in Section 207.10.
Environmental insurance means one or more insurance policies, or binders of coverage issued in anticipation of such insurance policies, reasonably satisfactory to Buyer, as to which Buyer and the Project Companies are named insureds (subject to Buyer's obligation in Section 6.11 to include Seller, Seller Parent, WEC, and their Affiliates as named insureds), and providing reasonably acceptable coverages in relation to Environmental Site Conditions; provided, that one or more insurance policies, or binders of coverage, issued pursuant to the indication in Schedule 6.11, shall be deemed to be acceptable insurance policies or binders of coverage.
Environmental insurance has the meaning set forth in Section 3.04.
Environmental insurance has the meaning set forth in Section 5.13 below.
Environmental insurance means the policy of insurance that guarantees the environmental obligations of the Borrower and names the Issuer as an additional insured.
Environmental insurance means that insurance to be acquired by the City as more particularly described in Section 7.4(E) below with limits of not less than $5,000,000 per occurrence, a term of not less than 18 months or 2 years, as determined by the Developer, and a deductible of not more than $50,000 per occurrence naming the City as a named insured, which Environmental Insurance may include, at the City’s option, an extended reporting period of 3 years (a “Tail”) and upon such other terms and conditions as the Developer may reasonably approve, which Environmental Insurance shall be underwritten by such insurer as reasonably approved by the Developer or such other environmental insurance to be acquired by the City as the City and the Developer shall agree to in writing.