definiens: means any claims, judgments, damages ( including punitive damages ), losses, penalties, fines, liabilities, encumbrances, Liens, violations, costs and -60- expenses ( including attorneys and consultants fees ) of investigation, remediation or defense of any matter relating to human health, safety or the Environment of whatever kind or nature by any party, entity or authority, ( A ) which are incurred as a result of ( i ) theexistence of Hazardous Substances in, on, under, at or emanating from any real property presently or formerly owned, operated ormanaged by the Company or any of its past or present Subsidiaries, ( ii ) the offsite transportation, treatment, storage or disposal ofHazardous Substances generated by the Company or any of its past or present Subsidiaries or ( iii ) the violation of anyEnvironmental Laws or ( B ) which arise under the Environmental Laws