definiens: means all federal, state and local laws ( including common laws ), rules, regulations, ordinances, orders and decrees of any Governmental Entity now in existence relating to pollution or theprotection of human health, safety or the environment of any jurisdiction in which the applicable party hereto owns or 24operates assets or conducts business or owned or operated assets or conducted business ( whether or not through a predecessorentity ) ( including, without limitation, ambient air, surface water, groundwater, land surface, subsurface strata, natural resourcesor wildlife ), including, without limitation, laws and regulations relating to Releases or threatened Releases of HazardousMaterials or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport orhandling of solid waste or Hazardous Materials, and any similar laws, rules, regulations, ordinances, orders and decrees of anyforeign jurisdiction in which the applicable party hereto owns or operates assets or conducts business ; ( B ) means ( x ) any petroleum or petroleum products, radioactive materials(including naturally occurring radioactive materials ), asbestos in any form that is or could become friable, urea formaldehydefoam insulation, polychlorinated biphenyls or transformers or other equipment containing polychlorinated biphenyls, ( y ) anychemicals, materials or substances which are now defined as or included in the definition of or or words of similar import, under any Environmental Law and ( z ) any otherchemical, material, substance or waste, exposure to which is now prohibited, limited or regulated under any EnvironmentalLaw in a jurisdiction in which the Company or any of the Subsidiaries operates