Environmental Audit Report Sample Clauses

Environmental Audit Report. Prior to any Advance in respect of a Construction Project, the Co-Borrower shall have delivered to Lender and Lender shall have approved a written report prepared by a consultant or other person acceptable to Lender relating to the presence of Hazardous Materials in, on or around such Property, and confirming that all Hazardous Materials described in such report have been mitigated in accordance with the requirements of any applicable government agency.
Sample 1
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Environmental Audit Report. You shall have received an Officer's Certificate of the Company attaching a copy of the Environmental Audit Reports listed on Item 4.25 of Schedule II and certifying that (a) such copy is a true, correct and complete copy thereof, (b) such Environmental Audit Reports are the only such reports that has been conducted regarding the Company's operations within the twelve (12) months preceding the Closing Date, and (c) such reports have not been amended, modified or retracted in any respect prior to or on the Closing Date. Such reports shall be in form and substance reasonably satisfactory to you and show that the Mortgaged Property is free from any material amounts of Hazardous Materials, except for such uses which are in compliance in all material respects with applicable federal, state and local environmental laws, regulations and ordinances governing the Mortgaged Property.
Sample 1
Environmental Audit Report. At Lender’s request, an environmental assessment, verification, or report will be provided to Lender regarding the Property that is acceptable solely to the Lender which reflects Loan Agreement that no hazardous waste, toxic substances, or other hazardous materials have contaminated the Property or, if the Property has been so contaminated, that it has been satisfactorily cleaned up in accordance with all Environmental Laws. The Lender shall be fully authorized to discuss all aspects of such assessment, verification or report with the engineering firm.
Sample 1
Environmental Audit Report. Prior to any Advance in respect of a Parcel, the Co-Borrower owning such Parcel shall have delivered to Lender and Lender shall have approved a written report prepared by a consultant or other person acceptable to Lender relating to the presence of Hazardous Materials, if any, in, on or around the respective Parcel(s), and confirming that all Hazardous Materials described in such report have been mitigated in accordance with the requirements of any applicable government agency.
Sample 1
Environmental Audit Report. A favorable "Phase 1" unedited environmental audit covering the Property from an independent environmental engineering firm satisfactory to the Lender which reflects that no hazardous waste, toxic substance, or other pollutants have contaminated the Property or, if the Property has been so contaminated, that it has been satisfactorily cleaned up in accordance with all Environmental Laws. The Lender shall be fully authorized to discuss all aspects of the audit with the engineering firm.
Sample 1
Environmental Audit Report. (1) Six (6) months preceding the expiration of the Term, the Tenant shall provide to the Landlord, at the Tenant’s cost and expense, an independent environmental audit report, in form and substance and from qualified experts Approved by the Landlord, regarding the environmental condition of the Demised Premises. Upon the request of the Landlord at any time during the Term, where the Landlord on reasonable grounds (such grounds to be communicated to the Tenant at the time of the Landlord's request) has reason to believe that Hazardous Materials have been Released on the Demised Premises and has elected not to conduct its own environmental tests and inspections, the Tenant shall provide to the Landlord an independent environmental audit report, in form and substance and from qualified experts Approved by the Landlord, regarding the environmental condition of the Demised Premises. The Tenant shall be responsible for the cost of any such reports requested by the Landlord and shall remove from the Demised Premises any Hazardous Materials, unless: (i) the reports indicate that no Hazardous Materials have been Released on the Demised Premises, or (ii) the reports indicate the existence of any Hazardous Materials at or on the Demised Premises that (A) were not noted in the Tenant’s Environmental Report, or (B) are the Landlord’s Hazardous Materials; in which event the Landlord shall be responsible for the cost of any such reports and, if applicable, shall remove from the Demised Premises such Landlord’s Hazardous Materials in accordance with the requirements set out in herein.
Sample 1
Environmental Audit Report. The Bank shall have received an environmental site assessment or environmental audit report on the Virginia Real Property from an engineer or other qualified environmental expert selected by the Bank, which appraisal shall be satisfactory to the Bank in all respects.
Sample 1
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Environmental Audit Report. Purchaser shall have received an Environmental Audit Report with respect to each parcel of the Property (a total of four (4) reports), each of which shall be in form and substance reasonably satisfactory to Purchaser.
Sample 1

Related to Environmental Audit Report

  • Environmental Audit If required by the Administrative Agent, reports and other information in form, scope and substance satisfactory to the Administrative Agent and prepared by environmental consultants satisfactory to the Administrative Agent, concerning any environmental hazards or liabilities to which any Credit Party may be subject with respect to such Additional Mortgaged Property; and

  • Environmental Audits There are no environmental audits, evaluations, assessments, studies or tests relating to the Corporation except for ongoing assessments conducted by or on behalf of the Corporation in the ordinary course.

  • Environmental Audits and Reports As soon as practicable following receipt thereof, copies of all final environmental audits, investigations, analyses and reports of any kind or character, whether prepared by personnel of Holdings or any of its Subsidiaries or by independent consultants, Government Authorities or any other Persons, with respect to significant environmental matters at any Facility that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect or with respect to any Environmental Claims that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

  • Environmental Report Lender shall have received an Environmental Report (not more than six months old) with respect to the Property that discloses no material environmental contingencies with respect to the Property.

  • Environmental Assessment Buyer shall have the right for a period commencing upon execution of this Agreement by both parties and ending on November 28, 2012, to conduct an environmental assessment of the Assets, at Buyer’s sole risk, liability and expense. Seller shall make available to Buyer, during the environmental assessment period described above, Seller’s historical files regarding prior operations on the Assets, and provide Buyer and its representatives with reasonable access to the Assets to conduct the environmental assessment. Buyer shall provide Seller three (3) days prior written notice of a desired date(s) for such assessment and Seller shall have the right to be present during any assessment and, if any testing is conducted pursuant to Seller’s express prior written consent, Seller may require splitting of all samples. Notwithstanding any other provision of this Agreement to the contrary, Buyer shall not have the right to drill any test, monitor or other xxxxx or to extract samples of any air, soil, water or other substance from the Assets without Seller’s express prior written consent. If Buyer proposes a reasonable request to drill a test well or extract a sample pursuant to a systematic and customary procedure for the assessment of the environmental condition of the Assets and Seller refuses to grant its consent to such a well or sampling, then Buyer shall have the right, for a period of seventy-two (72) hours following notification of Seller’s refusal to consent, to deliver written notice to Seller of Buyer’s election to exclude from this transaction the portion of the Assets affected by such proposed test well or sample, and the Purchase Price shall be adjusted accordingly by the Allocated Value of such portion of the Assets so excluded. Under no circumstances whatsoever shall Seller ever be obligated to grant its consent to any such test xxxxx or sampling proposed by Buyer, and Buyer’s sole and exclusive remedy for any refusal by Seller to grant its consent shall be the limited right contained in the preceding sentence to exclude the affected Assets from the transactions contemplated by this Agreement. If Buyer fails to exercise the right to exclude such Assets by written notice to Seller delivered prior to the expiration of the seventy-two hour period described above, then Buyer shall be conclusively deemed to have waived such right and shall be obligated to purchase the affected Assets without conducting such testing or sampling or any adjustment of the Purchase Price unless otherwise provided in this Agreement.

  • Final Audit Report Contractor shall promptly submit to the State a copy of any final audit report of an audit performed on Contractor’s records that relates to or affects this Contract or the Work, whether the audit is conducted by Contractor or a third party.

  • Audit Report Audits will be conducted as provided by the Single Audit Act Amendments of 1996 and OMB Circular A-133. The Department of Justice and Department of the Treasury reserve the right to conduct periodic random audits. Under penalty of perjury, the undersigned officials certify that they have read and understand their obligations under the Equitable Sharing Agreement and that the information submitted in conjunction with this Document is an accurate accounting of funds received and spent by the Agency under the Justice and/or Treasury Guides during the reporting period and that the recipient Agency is in compliance with the National Code of Professional Conduct for Asset Forfeiture. The undersigned certify that the recipient Agency is in compliance with the nondiscrimination requirements of the following laws and their Department of Justice implementing regulations: Title VI of the Civil Rights Act of 1964 (42 U.S.C. § 2000d et seq.), Title IX of the Education Amendments of 1972 (20 U.S.C. § 1681 et seq.), Section 504 of the Rehabilitation Act of 1973 (29 U.S.C. § 794), and the Age Discrimination Act of 1975 (42 U.S.C. § 6101 et seq.), which prohibit discrimination on the basis of race, color, national origin, disability, or age in any federally assisted program or activity, or on the basis of sex in any federally assisted education program or activity. The Agency agrees that it will comply with all federal statutes and regulations permitting federal investigators access to records and any other sources of information as may be necessary to determine compliance with civil rights and other applicable statutes and regulations. judgment, or determination that the Agency discriminated against any person or group in violation of any of the federal civil rights statutes listed above; or (2) has the Agency entered into any settlement agreement with respect to any complaint filed with a court or administrative agency alleging that the Agency discriminated against any person or group in Signature: Name: XXXX XXXX XXXXXX Title: COMMANDER Date: E-mail: xxxx.xxxxxx@xxx.xx.xxx

  • Environmental Reports Lender shall have received an environmental report in respect of the Property, in each case reasonably satisfactory to Lender.

  • Environmental Assessments Foreclose on or take a deed or title to any commercial real estate without first conducting a Phase I environmental assessment of the property or foreclose on any commercial real estate if such environmental assessment indicates the presence of a Hazardous Substance in amounts which, if such foreclosure were to occur, would be material.

  • Annual Audit Report On or before July 31 of each year, beginning with July 31, 2002, Servicer shall, at its own expense, cause a firm of independent public accountants (who may also render other services to Servicer), which is a member of the American Institute of Certified Public Accountants, to furnish to the Seller and Master Servicer (i) year-end audited (if available) financial statements of the Servicer and (ii) a statement to the effect that such firm has examined certain documents and records for the preceding fiscal year (or during the period from the date of commencement of such Servicer's duties hereunder until the end of such preceding fiscal year in the case of the first such certificate) and that, on the basis of such examination conducted substantially in compliance with the Uniform Single Attestation Program for Mortgage Bankers, such firm is of the opinion that Servicer's overall servicing operations have been conducted in compliance with the Uniform Single Attestation Program for Mortgage Bankers except for such exceptions that, in the opinion of such firm, the Uniform Single Attestation Program for Mortgage Bankers requires it to report, in which case such exceptions shall be set forth in such statement. 27. A new Section 5.07 is hereby added to the Master Servicing Agreement to read as follows:

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