Harbinger Group Inc.
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SEC Filings

PRE 14A
HRG GROUP, INC. filed this Form PRE 14A on 09/29/1995
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     binding agreements issued or entered into by a Governmental Authority and
     binding upon Seller under any applicable Environmental Laws.

(n)  "Equipment Leases" means the lease agreements covering the compressor
     systems and related equipment used or held for use in the Business.

(o)  "ERISA" means the Employee Retirement Income Security Act of 1974, as
     amended from time to time, and the regulations promulgated and the rulings
     issued thereunder.

(p)  "Excluded Liabilities" shall have the meaning set forth in Section 4.2.

(q)  "GAAP" means as to a particular person, such accounting practice as, in the
     opinion of independent certified public accountants of recognized national
     standing, conforms at the time to generally accepted accounting principles
     in the United States, consistently applied, and which are recognized as
     such by the Financial Accounting Standards Board.

(r)  "Governmental Authority" means any foreign governmental authority, the
     United States of America, any state of the United States, any local
     authority and any political subdivision of any of the foregoing, any multi-
     national organization or body, any agency, department, commission, board,
     bureau, court or other authority of any of the foregoing, or any quasi-
     governmental or private body exercising, or purporting to exercise, any
     executive, legislative, judicial, administrative, police, regulatory or
     taxing authority or power of any nature.

(s)  "Governmental Authorization" means any permit, license, franchise,
     approval, certificate, consent, ratification, permission, confirmation,
     endorsement, waiver, certification, registration, qualification or other
     authorization issued, granted, given or otherwise made available by or
     under the authority of any Governmental Authority or pursuant to any
     Governmental Requirement.

(t)  "Governmental Requirement" means any currently published and applicable
     law, treaty, ordinance, statute, rule, code, regulation, judgment, decree
     or order binding upon Seller, injunction, edict, writ, permit, certificate,
     stipulation, common law or other published and legally enforceable
     requirement of any Governmental Authority.

(u)  "Hazardous Material" means any hazardous, extremely hazardous, or toxic
     substance, material or waste not at a background level (taking into account
     offsite conditions) which is regulated by any Governmental Authority,
     including without limitation any material or substance that is (i) defined
     as a "hazardous substance" under applicable state or local law, (ii) (a)
     crude oil products, including, without limitation, petroleum and (b) solid
     waste as defined under the Environmental Laws; the prior or continued
     presence of which would result in investigation or cleanup responsibility
     of Buyer or Seller under Environmental Laws, (iii) asbestos as regulated by
     CERCLA, (iv) designated as a "hazardous substance" pursuant to section 311
     of the Federal Water Pollution Control Act, as amended, 33 U.S.C. (S)1251
     et seq. (33 U.S.C. (S)1321), (v) defined as a "hazardous waste" pursuant to
     section 1004 of the Resource Conversation and Recovery Act, as amended, 42
     U.S.C. (S)6901 et seq. (42 U.S.C. (S)6901), (vi) defined as a "hazardous
     substance" pursuant to section 101 of the Comprehensive Environmental
     Response, Compensation and Liability Act, as amended, 42 U.S.C. (S)9601 et
     seq. (42 U.S.C. (S)9601) ("CERCLA"), (vii) defined as a "regulated
     substance" pursuant to section 9001 of the Resource Conservation and
     Recovery Act, as amended, 42 U.S.C. (S)6901 et seq. (42 U.S.C. (S)6991)
     ("RCRA") or (viii) otherwise regulated under the Toxic Substances Control
     Act, 15 U.S.C. (S)2601, et seq., the Clean Air Act, as amended, 42 U.S.C.
     (S)7401, et seq., the Hazardous Materials Transportation Act, as amended,
     49 U.S.C. (S)1801, et seq., or the Federal Insecticide, Fungicide and
     Rodenticide Act, as amended, 7 U.S.C. (S)136, et seq; or other Governmental
     Requirement provided, however, the reference to specific statutory or other
     general legal references contained within this definition shall be
     construed as those statutes in effect on the date of this Agreement.

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