De Minimis Amounts

Example Definitions of "De Minimis Amounts"
De Minimis Amounts. Any Hazardous Substance either (a) being transported on or from the Property or being stored for use by Borrower or its tenants on the Property within a year from original arrival on the Property in connection with Borrower's current operations or (b) being currently used by Borrower or its tenants on the Property, in either case in such quantities and in a manner that both (i) does not constitute a violation or threatened violation of any Environmental Law or require any reporting or... disclosure under any Environmental Law and (ii) is consistent with customary business practice for such operations in the state where the Property is located View More
De Minimis Amounts. Any Hazardous Substance either (a) being transported on or from the Property or being stored for use by Borrower Indemnitor or its tenants tenant on the Property within a year from original arrival on the Property in connection with Borrower's Indemnitor's current operations or (b) being currently used by Borrower Indemnitor or its tenants tenant on the Property, in either case in such quantities and in a manner that both (i) does not constitute a violation or threatened violation of any... Environmental Law or require any reporting or disclosure under any Environmental Law and (ii) is consistent with customary business practice for such operations in the state where the Property is located located. View More
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