Phase I Environmental Audit Sample Clauses

Phase I Environmental Audit. Permit Sovereign, if Sovereign elects to do so, at its own expense, to cause a "phase I environmental audit" to be performed at any physical location owned or occupied by Bankers or any Bankers Subsidiary on the date hereof;

Phase I Environmental Audit. During the Term, Buyer may conduct (or have conducted on its behalf by an environmental auditor) a Phase I environmental audit of the Real Property, subject to the terms and conditions of Sections 7.4.2 and 7.6 below.

Phase I Environmental Audit. Buyer may obtain at its own expense, as soon as practicable, but in any event within thirty (30) days of the date of this Agreement, Phase I reports pursuant to ASTM Standard E 1527-97 or other standard environmental assessments (the "Environmental Reports") with respect to any properties owned or leased by the Company from and environmental engineering firm selected by Buyer. Buyer acknowledges and agrees that the Company leases all its real property and, as a result, Buyer's ability to obtain such Environmental Reports may be limited. If Buyer elects to obtain such Environmental Reports, Buyer shall, promptly (but in no event later than five (5) business days) after receipt thereof, provide a copy of such Environmental Reports to the Company.

Phase I Environmental Audit. Permit First Star, if First Star elects to do so, at First Star's own expense, to cause a "phase I environmental audit" to be performed at any physical location owned or occupied by NSB on the date hereof. In the event that such "phase 1 environmental audit" reveals a Violation or Condition that would have a Material Adverse Effect, First Star may, without any further obligation hereunder, terminate this Agreement.

Phase I Environmental Audit. KNBT shall permit NPB, if NPB elects to do so, at its own cost and expense, to cause a “phase I environmental audit” to be performed at any physical location owned or occupied by KNBT or any KNBT Subsidiary. NPB must commence a “phase I environmental audit” within thirty (30) days of the date of this Agreement or NPB's right to perform such an audit shall be waived.

Phase I Environmental Audit. FC Bancorp shall permit ACNB to the extent it so elects within ninety (90) days of the date of this Agreement, at its own expense, to cause a “Phase I Environmental Audit” to be performed at any physical location owned or occupied by FC Bancorp or any of its Subsidiaries on the date hereof.

Phase I Environmental Audit. MNB shall permit Fidelity to the extent it so elects within ninety (90) days of the date of this Agreement, at its own expense, to cause a “Phase I Environmental Audit” to be performed at any physical location owned or occupied by MNB or any of its Subsidiaries on the date hereof, provided that Fidelity or its designated contractor conducts such Phase I Environmental Audit in a manner which so as not to interfere unreasonably with normal operations and customer and employee relationships of MNB or any of its Subsidiaries. 

Phase I Environmental Audit. Graystone and Tower shall permit Tower or Graystone, if Tower or Graystone elects to do so, at its own expense, to cause a “Phase I Environmental Audit” to be performed at any physical location owned or occupied by the other party or any of its Subsidiaries on the date hereof.

Phase I Environmental Audit. PRFS shall permit CMTY, if CMTY elects to do so, at its own cost and expense, to cause a “Phase I environmental audit” to be performed at any physical location owned or occupied by PRFS or any PRFS Subsidiary; provided that CMTY shall obtain, with the assistance of PRFS, any consents or approvals required by any landlord that leases any such physical location to PRFS or a PRFS Subsidiary.

Phase I Environmental Audit. Permit PSB, if PSB elects to do so, at its own expense, to cause a "phase I environmental audit" to be performed at any physical location owned or occupied by FBKP or any FBKP Subsidiary on the date hereof;