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 Xxxxxx xxx LouinWagoner.
Phase I Environmental. Site Assessment prepared by ENTRIX, Inc. dated May 2003 for the property located at 0000 Xxxxx Xxxxxxxxx Xxxxxxxxx, Xx. Xxxxx, Xxxxxxxx.
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. Site Assessment Report 1 1 1 As part of the Acquisition Package(s) DR 470.
Phase I Environmental. An environmental assessment, and updates to the assessment of the SGR Property performed at Borrower's expense by a licensed engineer or other environmental consultant satisfactory to Lender stating that:
i. the SGR Property are not located within any area designated as a hazardous substance site by any of the Governmental Authorities; and
ii. 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 SGR Property; and
iii. the SGR Property has 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. 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. A Phase I Environmental Report ordered by Lender and addressed to Lender or subject to a reliance letter in favor of Lender, in form and substance and prepared by an engineer reasonably acceptable to Lender for each proposed Primary Pledged Property.
Phase I Environmental. Site Assessment - Summarize findings and recommendations, when authorized.
Phase I Environmental. Report with respect to the Real Estate prepared by duly licensed or registered environmental engineer satisfactory to Lender (which report shall be ordered by Xxxxxx but paid for by the Borrower) disclosing the Real Estate to be free from any environmental defects except as expressly otherwise disclosed thereby (the "Environmental Report" and the "Disclosed Environmental Defects" respectively);
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.
