Common use of Environmental Hazardous Materials Clause in Contracts

Environmental Hazardous Materials. LICENSOR may, at LICENSOR’S sole discretion, during the removal of LICENSEE’S Facilities in accordance with Section 4, require LICENSEE to conduct an environmental appraisal and report of the property formerly occupied by LICENSEE’S Facilities at LICENSEE’S sole cost and expense. All reports shall be prepared by a LICENSOR approved environmental consultant, to determine if LICENSOR’S property has been environmentally impacted by said Occupancy. All environmental reports, which are prepared subject to this clause, shall be immediately available to LICENSOR by LICENSEE and shall be treated as confidential information by the parties unless disclosure of such environmental reports are required by law. This clause shall survive termination of this Agreement.

Environmental Hazardous Materials. LICENSOR may, at LICENSOR’S sole discretion, during the removal of LICENSEE’S Facilities in accordance with Section 49, require LICENSEE to conduct an environmental appraisal and report of the property formerly occupied by LICENSEE’S Facilities at LICENSEE’S sole cost and expense. All reports shall be prepared by a LICENSOR approved environmental consultant, to determine if LICENSOR’S property has been environmentally impacted by said the Occupancy. All environmental reports, which are prepared subject to this clause, shall be immediately available to LICENSOR by LICENSEE and shall be treated as confidential information by the parties unless disclosure of such environmental reports are is required by law. This clause shall survive termination of this Agreement.