definiens: means all Liabilities ( including all removal, remediation, cleanup or monitoring costs, investigatory costs, response cos ts, natural resources damages, property damages, pe rsonal injury damages, costs of compliance with any produc t take back requirements or with any settlement, ju dgment or other determination of Liability and indemnity, -6- contribution or similar obligations and all costs a nd expenses, interest, fines, penalties or other mo netary sanctions in connection therewith ) relating to, ari sing out of or resulting from any ( a ) actual or all eged ( i ) compliance or noncompliance with any Environmen tal Law, ( ii ) generation, use, storage, manufacture, processing, recycling, labeling, handling, possessi on, management, treatment, transportation, distribu tion, emission, discharge or disposal of any Hazardous Ma terial, or ( iii ) presence, Release or threatened Re lease of, or exposure to, any Hazardous Material or ( b ) contract, agreement, or other consensual arrangement pursua nt to which Liability is assumed or imposed with respect to any of the foregoing