Common use of Inspections and Environmental Clause in Contracts

Inspections and Environmental. Following Grantor’s execution of this Agreement, Grantee shall be entitled to conduct inspections of the Easement Property at its own expense. If Grantee determines a Phase I environmental site assessment or other assessment or investigation is necessary, then Grantee may conduct such studies prior to closing. Grantee is not responsible for pre-existing environmental contamination or liabilities. With respect to any property with past or present commercial or industrial use, or which is adjacent to the Easement Property, or which is suspected of having underground tanks or hazardous contaminants, Grantor shall provide by separate writing information identifying what, if any, underground tanks and/or hazardous materials other than incidental demolition or household wastes have been deposited or stored on the Easement Property. If Grantor fails to provide such separate writing, or if Xxxxxxx’s studies show the existence of such materials under this Agreement, Grantee shall have no obligation to acquire the Easement Property. Grantor shall remove any such hazardous materials and any containers at Grantor’s own expense and provide certification from the appropriate agency that the Easement Property has been cleared of such contaminants prior to closing.

Inspections and Environmental. Following Grantor’s execution of this Agreement, Grantee shall be entitled to conduct inspections of the Easement Property at its own expense. If Grantee determines a Phase I environmental site assessment or other assessment or investigation is necessary, then Grantee may conduct such studies prior to closing. Grantee is not responsible for pre-existing environmental contamination or liabilities. With respect to any property with past or present commercial or industrial use, or which is adjacent to the Easement Property, or which is suspected of having underground tanks or hazardous contaminants, Grantor shall provide by separate writing information identifying what, if any, underground tanks and/or hazardous materials other than incidental demolition or household wastes have been deposited or stored on the Easement Property. If Grantor fails to provide such separate writing, or if XxxxxxxGrantee’s studies show the existence of such materials under this Agreement, Grantee shall have no obligation to acquire the Easement Property. Grantor shall remove any such hazardous materials and any containers at Grantor’s own expense and provide certification from the appropriate agency that the Easement Property has been cleared of such contaminants prior to closing.