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"Hazardous Materials" means any substance, material or waste which is or
<br />becomes regulated by any federal, state or local governmental authority, and includes
<br />without limitation (i) petroleum or oil or gas or any direct or indirect product or by-
<br />product thereof; (ii) asbestos and any material containing asbestos; (iii) any substance,
<br />material or waste regulated by or listed (directly or by reference) as a "hazardous
<br />substance", "hazardous material", "hazardous waste", "toxic waste", "toxic pollutant",
<br />"toxic substance", "solid waste" or "pollutant or contaminant" in or pursuant to, or
<br />similarly identified as hazardous to human health or the environment in or pursuant to,
<br />the Toxic Substances Control Act [15 U.S.C. Section 2601, et seq.]; the Comprehensive
<br />Environmental Response, Compensation and Liability Act [42 U.S.C. Section 9601, et
<br />seq.], the Hazardous Materials Transportation Authorization Act [49 U.S.C. Section
<br />5101, et seq.], the Resource Conservation and Recovery Act [42 U.S.C. Section 6901,
<br />et seq.], the Federal Water Pollution Control Act [33 U.S.C. Section 1251], the Clean Air
<br />Act [42 U.S.C. Section 7401, et seq.], the California Underground Storage of Hazardous
<br />Substances Act [California Health and Safety Code Section 25280, et seq.], the
<br />California Hazardous Substances Account Act [California Health and Safety Code
<br />Section 25300, et seq.], the California Hazardous Waste Act [California Health and
<br />Safety Code Section 25100, et seq.], the California Safe Drinking Water and Toxic
<br />Enforcement Act [California Health and Safety Code Section 25249.5, et seq.], and the
<br />Porter-Cologne Water Quality Control Act [California Water Code Section 13000, et
<br />seq.]. as they now exist or are hereafter amended, together with any regulations
<br />promulgated thereunder; (iv) any substance, material or waste which is defined as such
<br />or regulated by any "Superfund" or "Superlien" law, or any Environmental Law; or (v)
<br />any other substance, material, chemical, waste or pollutant identified as hazardous or
<br />toxic and regulated under any other federal, state or local environmental law, including
<br />without limitation, asbestos, polychlorinated biphenyls, petroleum, natural gas and
<br />synthetic fuel products and by-products.
<br />"Environmental Law" means all federal, state or local statutes, ordinances,
<br />rules, regulations, orders, decrees, judgments or common law doctrines, and provisions
<br />and conditions of permits, licenses and other operating authorizations regulating, or
<br />relating to, or imposing liability or standards of conduct concerning (i) pollution or
<br />protection of the environment, including natural resources; (ii) exposure of persons,
<br />including employees and agents, to any Hazardous Material (as defined above) or other
<br />products, raw materials, chemicals or other substances; (iii) protection of the public
<br />health or welfare from the effects of by-products, wastes, emissions, discharges or
<br />releases of chemical substances from industrial or commercial activities; (iv) the
<br />manufacture, use or introduction into commerce of chemical substances, including
<br />without limitation, their manufacture, formulation, labeling, distribution, transportation,
<br />handling, storage and disposal; or (iv) the use, release or disposal of toxic or hazardous
<br />substances or Hazardous Materials or the remediation of air, surface waters,
<br />groundwaters or soil, as now or may at any later time be in effect, including but not
<br />limited to the Toxic Substances Control Act [15 U.S.C. 2601, et seq.]; the
<br />Comprehensive Environmental Response, Compensation and Liability Act [42 U.S.C.
<br />Section 9601, et seq.], the Hazardous Materials Transportation Authorization Act [49
<br />U.S.C. Section 5101, et seq.], the Resource Conservation and Recovery Act [42 U.S.C.
<br />6901, et seq.], the Federal Water Pollution Control Act [33 U.S.C. Section 1251], the
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