Phase I Environmental Sample Clauses
A Phase I Environmental clause requires a formal assessment of a property's environmental condition, typically before a real estate transaction or development project. This assessment involves a review of records, site inspections, and interviews to identify potential or existing environmental contamination, such as hazardous materials or historical land use issues. The core function of this clause is to protect parties from unforeseen environmental liabilities and ensure compliance with environmental regulations, thereby reducing the risk of costly remediation or legal disputes.
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Phase I Environmental. Study of the Property prepared by a registered professional engineer with such study being certified to Lahaina. Shareholder or Seller/Property or Retained Supporting Services Shares Condition of Release Documents -------- ------ -------------------- --------- Taste of Country/Exit N/A (Cash a. General Warranty Deed in favor of Accent, executed by 17 Purchase) Ora ▇▇▇▇▇▇ ▇▇▇ LouinWagoner.
Phase I Environmental. Site Assessment prepared by ENTRIX, Inc. dated June 2003 for the property located at ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇.
Phase I Environmental. Site Assessment Report 1 1 1 As part of the Acquisition Package(s) DR 470.
Phase I Environmental. CGV shall have conducted a Phase I Environmental assessment on the premises occupied by AAG and the results of such assessment shall be acceptable to CGV in its sole discretion.
Phase I Environmental. An environmental assessment of the Property performed at Borrower's expense by a licensed engineer or other environmental consultant satisfactory to Lender stating that:
a. the Property are not located within any area designated as a hazardous substance site by any of the Governmental Authorities; and
b. no hazardous or toxic wastes or other materials or substances regulated, controlled, or prohibited by any federal, state, or local environmental laws, including but not limited to asbestos, are located on the Property; and
c. the Property have not been cited or investigated in the past for any violation of any such laws, regulations, or ordinances. If the environmental assessment shall reveal any condition unacceptable to Lender, the same shall constitute an Event of Default hereunder and in addition to all remedies available to Lender, Lender shall be relieved of any obligation to fund any sums hereunder. If the environmental assessment recommends, or if Lender so requests, in its sole and absolute discretion, a Phase II audit, additional testing or remedial action, Borrower, at its sole cost and expense shall promptly conduct such additional audits and testing and/or complete such remedial action. Lender may require the Borrower to provide evidence that all necessary actions have been taken to remove any hazardous substance contamination and/or to restore the site to a condition acceptable to Lender and all Governmental Authorities.
Phase I Environmental. Study of the Property prepared by a registered professional engineer with such study being certified to Lahaina. Shareholder or Seller/Property or Retained Supporting Services Shares Condition of Release Documents -------- ------ -------------------- --------- Davi▇ ▇▇▇ate/Exit 17 N/A (Cash a. General Warranty Deed in favor of Accent, executed Purchase) by Ethe▇ ▇. ▇▇▇i▇ ▇▇▇▇▇ ▇▇▇ Mild▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇e▇ ▇▇ Co-Executors of the Last Will and Testament of Will▇▇ ▇▇▇▇▇ ▇▇▇▇▇.
Phase I Environmental. Study of the Property prepared by a registered professional engineer with such study being certified to Lahaina.
Phase I Environmental. Site Assessment - Summarize findings and recommendations, when authorized.
Phase I Environmental. Purchaser may, at its expense, obtain an update to its Phase I Environmental Assessment for the Property prepared in accordance with ASTM Standards by an environmental engineer approved, in writing, by Purchaser. Purchaser may conduct additional environmental studies of the Property, at Purchaser’s sole cost and expense.
Phase I Environmental. Bionova U.S. shall have been provided not later than the date on which the Company's preliminary Proxy Statement is first transmitted to the Securities and Exchange Commission with a Phase I environmental review (or its equivalent according to the applicable standards in the country where the property is located), in form and content reasonably satisfactory to Bionova U.S., with respect to all material real estate owned, leased or operated by the Company or any Company Subsidiary (other than leased real estate used exclusively for executive office purposes); provided that to the extent that the Company or any Company Subsidiary has obtained a Phase I environmental review (or its equivalent) on any such material property in the 18-month period prior to the date of this Agreement, it shall not be required to obtain an updated version thereof, subject to the reasonable acceptability of the form and content thereof to Bionova U.S.