Environmental Land Use Restriction definition
Examples of Environmental Land Use Restriction in a sentence
Such remediation shall be in a manner which does not require use restriction, such as an Environmental Land Use Restriction ("ELUR"), unless such ELUR does not limit or impair the Buyer's operation of Business after the Closing or materially increase the cost of the Business' operations.
The Lease Option granted hereunder is exclusive to the Grantee, and in no event will the Owner, during the Option Period, grant a license, easement, Environmental Land Use Restriction, option, leasehold, or other rights or limitations affecting the Property to any person, utility, or other entity seeking, directly or indirectly, to develop the Property for solar energy purposes or any other use that would impair solar energy development.
The Ground Lease granted hereunder is exclusive to the Lessee, and in no event will the Owner grant a license, easement, Environmental Land Use Restriction, option, leasehold, or other rights or limitations affecting the Leased Premises to any person, utility, or other entity seeking, directly or indirectly, to develop the Leased Premises for solar energy purposes or any other use that would impair solar energy development.
The Former Company Stockholders shall pay, on a several basis (but not joint), all reasonable third-party costs, fees and expenses incurred in connection with obtaining the Environmental Land Use Restriction at the Company’s East Hartford facility.
L.C. shall record an Environmental Land Use Restriction (“ELUR”) and a Soil Management Plan (“SMP”) restricting groundwater use and preventing unauthorized soil disturbance at the Property, in a form approved by the Department in the Land Evidence Records for the Town of Westerly.
This network of groundwater profile locations, bedrock boreholes, and overburden monitoring ▇▇▇▇▇ proposed in the November 2, 2015 scope of work was designed based on interpretations of dissolved-phase impacts at the network of existing monitoring ▇▇▇▇▇ and off-property investigations on Lot 23 as part of prior Environmental Land Use Restriction (ELUR) efforts.
For so long as Operating Company leases the CT Property, Buyer shall cause Operating Company not to conduct any activity that is in violation of or inconsistent with any deed restriction or Environmental Land Use Restriction (“ELUR”) recorded against the CT Property with the approval and consent of the owner of the CT Property and the CTDEP or Seller’s LEP.
The Former Company Stockholders shall pay, on a several basis (but not joint), all reasonable third-party costs, fees and expenses incurred in connection with obtaining the Environmental Land Use Restriction at the Company’s East Hartford facility to the extent not already paid or accrued immediately prior to the Effective Time.
Prepare and file an Environmental Land Use Restriction (ELUR) as may be necessary to achieve compliance with Transfer Act requirements.