Common use of Environmental Reports/Remediation Clause in Contracts

Environmental Reports/Remediation. Sellers shall pay for the cost of the Phase I environmental assessments for the Facilities, or, at the option of Purchaser, for any existing Phase I environmental assessments to be certified to Purchaser for reliance by Purchaser thereon.

Appears in 1 contract

Samples: Purchase Agreement and Agreement (Alterra Healthcare Corp)

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Environmental Reports/Remediation. Sellers shall pay for the cost of the Phase I environmental assessments assessment for the Facilities, or, at the option of Purchaser, Facilities and for any existing additional assessments recommended in the original Phase I environmental assessments to be certified to Purchaser for reliance by Purchaser thereonassessment.

Appears in 1 contract

Samples: Purchase Agreement (Omega Healthcare Investors Inc)

Environmental Reports/Remediation. Sellers shall pay for the cost of the Phase I environmental assessments for the respective Facilities, or, at the option of Purchaser, for any existing additional assessments recommended in the original Phase I environmental assessments, and for the cost of the Environmental Remediation agreed upon by the parties and as described on Schedule 1.12 hereto. Sellers shall cause the Phase I environmental assessments and any additional assessments or reports provided by Sellers to be certified to the Purchaser for reliance by Purchaser thereon.

Appears in 1 contract

Samples: Facilities Purchase Agreement (Integrated Health Services Inc)

Environmental Reports/Remediation. Sellers shall pay for the cost of the Phase I environmental assessments for the respective Facilities, or, at the option of Purchaser, for any existing additional assessments recommended in the original Phase I environmental assessments, and for the cost of the remediation agreed upon by the parties as set forth on Schedule 1(b). Sellers shall cause the Phase I environmental assessments and any additional assessments or reports provided by Sellers to be certified to Purchaser for reliance by Purchaser thereon.

Appears in 1 contract

Samples: Purchase Agreement (Integrated Health Services Inc)

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Environmental Reports/Remediation. Sellers shall pay for the cost of the Phase I environmental assessments for the respective Facilities, or, at the option of Purchaser, for any existing additional assessments recommended in the original Phase I environmental assessments, and for the cost of the Environmental Remediation agreed upon by the parties and as described on Schedule 1.11 hereto. Sellers shall cause the Phase I environmental assessments and any additional assessments or reports provided by Sellers to be certified to the Purchaser for reliance by Purchaser thereon.

Appears in 1 contract

Samples: Facilities Purchase Agreement (Monarch Properties Inc)

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