OPA: Grimshaw House - City of Anaheim

“Environmental Laws” means (i) Sections 25115, 25117, 25122.7 or 25140 of the
California Health and Safety Code, Division 20, Chapter 6.5 (Hazardous Waste Control
Law)), (ii) Section 25316 of the California Health and Safety Code, Division 20, Chapter
6.8 (Carpenter-Presley-Tanner Hazardous Substance Account Act), (iii) Section 25501 of
the California Health and Safety Code, Division 20, Chapter 6.95 (Hazardous Materials
Release Response Plans and Inventory), (iv) Section 25281 of the California Health and
Safety Code, Division 20, Chapter 6.7 (Underground Storage of Hazardous Substances),
(v) Article 9 or Article 11 of Title 22 of the California Administrative Code, Division 4,
Chapter 20, (vi) Section 311 of the Clean Water Act (33 U.S.C. §1317), (vii) Section
1004 of the Resource Conservation and Recovery Act, 42 U.S.C. §6901 et seq. (42
U.S.C. §6903) or (viii) Section 101 of the Comprehensive Environmental Response,
Compensation and Liability Act, 42 U.S.C. §9601 et seq.
“Escrow” is defined in Section 304 of this Agreement.
“Escrow Agent” means the escrow agent of the Escrow Company for the Conveyance.
“Escrow Company” means First American Title Insurance Company acting out of its
Santa Ana, California office.
“Escrow Costs ” is defined in Section 304.4 of this Agreement.
“Evidence of Financing” is defined in Section 408.1 of this Agreement.
“Executive Director” means the Executive Director of Agency, or her designee.
“First Gross Sales Revenue Threshold” means the sum of (i) Actual Construction
Costs on the Housing Units, and (ii) Five Million Forty-Eight Thousand Eight Hundred
Dollars ($5,048,800).
“Governmental Requirements” means all laws, ordinances, statutes, codes, rules,
regulations, orders and decrees, of the United States, the State of California, the County
of Orange, the City and of any other political subdivision, agency or instrumentality
exercising jurisdiction over Agency, Developer or the Site.
“Grant Deed” means a grant deed by which Agency will convey the Site substantially in
the form attached hereto as Attachment No. 6 and incorporated herein by this reference.
“Hazardous Materials” means any substance, material, or waste which is or becomes
regulated by any local governmental authority, the State of California, or the United
States Government, including, but not limited to, any material or substance which is (i)
defined as a “hazardous waste”, ”acutely hazardous waste”, “extremely hazardous waste”,
or “restricted hazardous waste” under Section 25115, 25117 or 25122.7, or listed
pursuant to Section 25140 of the California Health and Safety Code, Division 20, Chapter
6.5 (Hazardous Waste Control Law), (ii) defined as a “hazardous substance” under
Section 25316 of the California Health and Safety Code, Division 20, Chapter 6.8
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