PRECLOSING ENVIRONMENTAL LIABILITIES

PRECLOSING ENVIRONMENTAL LIABILITIES. Means, in connection with the Business or the Real Property, any written notice, claim, demand, action, suit, complaint, proceeding or other communication by any Person or Government Authority alleging liability or potential liability (including but not limited to liability for investigatory costs, cleanup costs, governmental response costs, natural resource damages, property damages, personal injuries, fines or penalties) arising out of, relating to, based on or... resulting from circumstances which, as of the Closing Date, exist and form the basis of any violation or alleged violation of any Environmental Laws, including the presence, Release or threatened Release of any Hazardous Substance. View More