Common use of Hazardous Substance Assessments Clause in Contracts

Hazardous Substance Assessments. The Agent shall have received a hazardous waste site assessment report concerning Hazardous Substances and asbestos on the Mortgaged Properties, dated as of a recent date, from environmental engineers reasonably acceptable to the Agent which report shall have been approved by the Agent and all Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Amerivest Properties Inc), Term Loan Agreement (Amerivest Properties Inc)

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Hazardous Substance Assessments. To the extent requested by the Agent, the Agent shall have received hazardous waste site assessment reports concerning Hazardous Substances (or the threat thereof) and asbestos with respect to the Eligible Unencumbered Properties, from environmental engineers acceptable to the Agent, such reports to be in form and substance satisfactory to the Agent. The Agent shall have received a hazardous waste site assessment report concerning Hazardous Substances and asbestos on the Mortgaged Properties, dated as right to obtain third-party review of a recent date, from environmental engineers reasonably acceptable to the Agent which report shall have been approved by reports at the Agent and all LendersBorrower's expense.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hartman Commercial Properties Reit)

Hazardous Substance Assessments. The Agent shall have received a hazardous waste site assessment report concerning absence of Hazardous Substances and asbestos on the Mortgaged Properties, dated as of a recent date, from environmental engineers reasonably acceptable to the Agent which report shall have been approved by the Agent and all Lendersthe Requisite Banks. 10.14.

Appears in 1 contract

Samples: Loan Agreement (Liberty Property Limited Partnership)

Hazardous Substance Assessments. The Agent shall have ------------------------------- received a hazardous waste site assessment report reports running in favor of the Agent and the Banks concerning Hazardous Substances (or the threat thereof) and asbestos on with respect to the Mortgaged Borrowing Base Properties, dated as of a recent dateno earlier than July 31, 1996, from environmental engineers reasonably acceptable to the Agent which report shall have been approved by Agent, such reports to be in form and substance satisfactory to the Agent and all Lenderseach of the Banks.

Appears in 1 contract

Samples: Credit Agreement (Boston Properties Inc)

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Hazardous Substance Assessments. The Agent shall have received a hazardous waste site assessment report concerning absence of Hazardous Substances and asbestos on the Mortgaged Properties, dated as of a recent date, from environmental engineers reasonably acceptable to the Agent which report shall have been approved by the Agent and all LendersAgent, such approval shall not be unreasonably withheld.

Appears in 1 contract

Samples: Credit Loan Agreement (Koger Equity Inc)

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