Due Diligence – Environmental, ADA Clause Samples

Due Diligence – Environmental, ADA. Buyer has the right to obtain environmental inspections of the Seller Phase I Environmental Site Assessment, Phase II Environmental Site Assessment (compliant with most current version Seller

Due Diligence – Environmental, ADA. Buyer has the right to obtain environmental inspections of the 518 Property including Phase I and Phase II Environmental Site Assessments, as applicable. Seller Buyer will order or provide 519 Phase I Environmental Site Assessment, Phase II Environmental Site Assessment (compliant with most current version 520 of the applicable ASTM E1527 standard practices for Environmental Site Assessments) and/or , 521 at the expense of Seller Buyer (Environmental Inspection). In addition, ▇▇▇▇▇, at ▇▇▇▇▇’s expense, may also conduct an 522 evaluation whether the Property complies with the Americans with Disabilities Act (ADA Evaluation). All such inspections and 523 evaluations must be conducted at such times as are mutually agreeable to minimize the interruption of Seller’s and any Seller’s 524 tenants’ business uses of the Property, if any. 525 If Buyer’s Phase I Environmental Site Assessment recommends a Phase II Environmental Site Assessment, the Environmental 526 28 days, as will Inspection Resolution Resolution days (Extended Environmental Inspection 527 Termination Deadline) and if such Extended Environmental Inspection Termination Deadline extends beyond the Closing Date, the 528 Closing Date will be extended a like period of time. In such event, Seller Buyer must pay the cost for such Phase II 529 Environmental Site Assessment. 530 Notwithstanding Buyer’s right to obtain additional environmental inspections of the Property in this § 10.6.4, Buyer has the 531 Right to Terminate under § 25.1, on or before Environmental Inspection Termination Deadline, or if applicable, the Extended 532 Environmental Inspection Termination Deadline, based on any unsatisfactory results of Environmental Inspection, in ▇▇▇▇▇’s sole 533 subjective discretion. 534 Buyer has the Right to Terminate under § 25.1, on or before ADA Evaluation Termination Deadline, based on any 535 unsatisfactory ADA Evaluation, in ▇▇▇▇▇’s sole subjective discretion.

Due Diligence – Environmental, ADA. Buyer has the right to obtain environmental inspections of the 294 Property including Phase I and Phase II Environmental Site Assessments, as applicable. SELLER will order or provide Phase I 295 Environmental Site Assessment, Phase II Environmental Site Assessment (compliant with most current version of the applicable 296 ASTM E1527 standard practices for Environmental Site Assessments) at SELLER’S expense (Environmental Inspection). 297 If Buyer’s Phase I Environmental Site Assessment recommends a Phase II Environmental Site Assessment, the Environmental 298 Inspection Termination Deadline will be extended by 60 days (Extended Environmental Inspection Objection Deadline) and if 299 such Extended Environmental Inspection Objection Deadline extends beyond the Closing Date, the Closing Date will be extended 300 a like period of time. In such event, SELLER must pay the cost for such Phase II Environmental Site Assessment. 301 Notwithstanding Buyer’s right to obtain additional environmental inspections of the Property in this § 10.6.4., ▇▇▇▇▇ has the 302 Right to Terminate under § 24.1., on or before Environmental Inspection Termination Deadline, or if applicable, the Extended 303 Environmental Inspection Objection Deadline, based on any unsatisfactory results of Environmental Inspection, in ▇▇▇▇▇’s sole 304 subjective discretion. 305 Buyer has the Right to Terminate under § 24.1., on or before ADA Evaluation Termination Deadline, based on any 306 unsatisfactory ADA Evaluation, in ▇▇▇▇▇’s sole subjective discretion.