Common use of Environmental Assessments Clause in Contracts

Environmental Assessments. Foreclose on or take a deed or title to any real estate other than single-family residential properties without first conducting an ASTM 1527-05 Phase I Environmental Site Assessment of the property that satisfies the requirements of the all appropriate inquiries standard of CERCLA §101(35)(“Phase I Assessment”), 42 U.S.C. §9601(35) and evaluates the possibility of Hazardous Substances in indoor air and building materials, or foreclose on or take a deed or title to any real estate other than single-family residential properties if such environmental assessment indicates the presence of Hazardous Substances or other materials regulated under Environmental Laws.

Appears in 5 contracts

Samples: Merger Agreement (Peoples Federal Bancshares, Inc.), Merger Agreement (Independent Bank Corp), Merger Agreement (Independent Bank Corp)

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Environmental Assessments. Foreclose Except for foreclosures in process as of the date of this Agreement, foreclose on or take a deed or title to any real estate other than single-family residential properties without first conducting an ASTM 1527-05 13 Phase I Environmental Site Assessment of the property that satisfies the requirements of the all appropriate inquiries standard of CERCLA §101(35)(“Phase § 101(35) (“Phase I Assessment”), 42 U.S.C. §§ 9601(35) and evaluates the possibility of Hazardous Substances in indoor air and building materials), or foreclose on 54 or take a deed or title to any real estate other than single-family residential properties if such environmental assessment indicates the presence of Hazardous Substances or other materials regulated under Environmental LawsLaws or any other material environmental issue.

Appears in 2 contracts

Samples: Merger Agreement (Independent Bank Corp), Merger Agreement (Independent Bank Corp)

Environmental Assessments. Foreclose Except for foreclosures in process as of the date of this Agreement, foreclose on or take a deed or title to any real estate other than single-family residential properties without first conducting an ASTM 1527-05 13 Phase I Environmental Site Assessment of the property that satisfies the requirements of the all appropriate inquiries standard of CERCLA §101(35)(“Phase § 101(35) (“Phase I Assessment”), 42 U.S.C. §§ 9601(35) and evaluates the possibility of Hazardous Substances in indoor air and building materials), or foreclose on or take a deed or title to any real estate other than single-family residential properties if such environmental assessment indicates the presence of Hazardous Substances or other materials regulated under Environmental Laws.

Appears in 2 contracts

Samples: Merger Agreement (Independent Bank Corp), Merger Agreement (Independent Bank Corp)

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Environmental Assessments. Foreclose on or take a deed or title to any real estate other than single-family residential properties without first conducting an ASTM 1527-05 Phase I Environmental Site Assessment of the property that satisfies the requirements of the all appropriate inquiries standard of CERCLA §101(35)(“Phase 101(35) (“Phase I Assessment”), 42 U.S.C. §9601(35) and evaluates the possibility of Hazardous Substances in indoor air and building materials, or foreclose on or take a deed or title to any real estate other than single-family residential properties if such environmental assessment indicates the presence of Hazardous Substances or other materials regulated under Environmental Laws.

Appears in 1 contract

Samples: Merger Agreement (Mayflower Bancorp Inc)

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