Laserfiche WebLink
201901173 <br />"CERCLA" means the Comprehensive Environmental Response, Compensation <br />and Liability Act of 1980, as amended by the Superfund Amendments and <br />Reauthorization Act of 1986, 42 U.S.C. §§9601 et seq., and any future amendments. <br />"Environmental Claim" means any investigation, notice, violation, demand, <br />allegation, action, suit, injunction, judgment, order, consent decree, penalty, fine, lien, <br />proceeding or claim (whether administrative, judicial or private in nature) arising <br />(a) pursuant to, or in connection with an actual or alleged violation of, any Environmental <br />Law, (b) in connection with any Hazardous Material, (c) from any abatement, removal, <br />remedial, corrective or response action in connection with a Hazardous Material, <br />Environmental Law or order of a governmental authority, or (d) from any actual or <br />alleged damage, injury, threat or harm to health, safety, natural resources or the <br />environment. <br />"Environmental Law" means any current or future Legal Requirement pertaining <br />to (a) the protection of health, safety and the indoor or outdoor environment, (b) the <br />conservation, management or use of natural resources and wildlife, (c) the protection or <br />use of surface water or groundwater, (d) the management, manufacture, possession, <br />presence, use, generation, transportation, treatment, storage, disposal, Release, threatened <br />Release, abatement, removal, remediation or handling of, or exposure to, any Hazardous <br />Material, or (e) pollution (including any Release to air, land, surface water or <br />groundwater), and any amendment, rule, regulation, order or directive issued thereunder. <br />"Hazardous Material" means any substance, chemical, compound, product, solid, <br />gas, liquid, waste, byproduct, pollutant, contaminant or material which is hazardous or <br />toxic, and includes, without limitation, (a) asbestos, polychlorinated biphenyls and <br />petroleum (including crude oil or any fraction thereof) and (b) any material classified or <br />regulated as "hazardous" or "toxic" or words of like import pursuant to an Environmental <br />Law. <br />"Hazardous Material Activity" means any activity, event or occurrence involving <br />a Hazardous Material, including, without limitation, the manufacture, possession, <br />presence, use, generation, transportation, treatment, storage, disposal, Release, threatened <br />Release, abatement, removal, remediation, handling of or corrective or response action to <br />any Hazardous Material. <br />"Legal Requirement" means any treaty, convention, statute, law, regulation, <br />ordinance, license, permit, governmental approval, injunction, judgment, order, consent <br />decree or other requirement of any governmental authority, whether federal, state, or <br />local. <br />"Material Adverse Effect" means any change or effect that individually or in the <br />aggregate is or is reasonably likely to be materially adverse to (a) the assets, business, <br />operations, income, condition (financial or otherwise) or prospects of Grantor, (b) the lien <br />of any mortgage, deed of trust or other security agreement covering the Mortgaged <br />Premises or any part thereof, (c) the ability of Grantor to perform its obligations under <br />-16- <br />