Phase I Environmental Audit Results. The results of any "phase I environmental audit" conducted pursuant to Section 4.10(a)(i) with respect to owned or occupied bank premises shall be reasonably satisfactory to Sovereign; provided, however, that (i) any such environmental audit must be initiated within 45 days of the date of this Agreement, (ii) Sovereign must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k) within 15 days of receiving the results of such environmental audit and (iii) Sovereign may not terminate this Agreement under this Section 5.02(k) unless the results of such audits result in a Material Adverse Effect on ML;
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Samples: Merger Agreement (Sovereign Bancorp Inc), Merger Agreement (Ml Bancorp Inc)
Phase I Environmental Audit Results. The results of any "phase I environmental audit" conducted pursuant to Section 4.10(a)(i4.11(a)(ii) with respect to owned or occupied bank premises shall be reasonably satisfactory to Sovereign; provided, however, that (i) any such environmental audit must be initiated within 45 days of the date of this Agreement, (ii) Sovereign must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k5.02(l) within 15 days of receiving the results of such environmental audit and (iii) Sovereign may not terminate this Agreement under this Section 5.02(k5.02(l) unless the results of such audits result in a Material Adverse Effect on MLEffect;
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Samples: Merger Agreement (Bankers Corp), Merger Agreement (Sovereign Bancorp Inc)
Phase I Environmental Audit Results. The results of any "phase I ----------------------------------- environmental audit" conducted pursuant to Section 4.10(a)(i4.10(a)(ii) with respect to owned or occupied bank premises shall be reasonably satisfactory to Sovereign; provided, however, that (i) any such environmental audit must be initiated within 45 30 days of the date of this Agreement, (ii) Sovereign must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k5.02(l) within 15 days of receiving the results of such environmental audit and (iii) Sovereign may not terminate this Agreement under this Section 5.02(k5.02(l) unless the results of such audits result in a Material Adverse Effect on MLSovereign;
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Phase I Environmental Audit Results. The results of any ----------------------------------- "phase I environmental audit" conducted pursuant to Section 4.10(a)(i4.10(a)(ii) with respect to owned or occupied bank premises shall be reasonably satisfactory to Sovereign; provided, however, that (i) any such environmental audit must be initiated within 45 30 days of the date of this Agreement, (ii) Sovereign must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k5.02(j) within 15 days of receiving the results of such environmental audit and (iii) Sovereign may not terminate this Agreement under this Section 5.02(k5.02(j) unless the results of such audits result in a Material Adverse Effect on ML;Sovereign.
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Phase I Environmental Audit Results. The results of any "phase I environmental audit" conducted pursuant to Section 4.10(a)(i4.11(a)(ii) with respect to owned or occupied bank premises shall be reasonably satisfactory to Sovereignnot, individually or in the aggregate, constitute a Material Adverse Effect; provided, however, that (i) any such environmental audit must be initiated within 45 days of the date of this Agreement, and (ii) Sovereign must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k5.02(l) within 15 days of receiving the results of such environmental audit and (iii) Sovereign may not terminate this Agreement under this Section 5.02(k) unless the results of such audits result in a Material Adverse Effect on ML;audit; and
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Samples: Merger Agreement (Carnegie Bancorp)
Phase I Environmental Audit Results. The results of any "“phase I environmental audit" ” conducted pursuant to Section 4.10(a)(i4.11(a)(ii) with respect to owned or occupied bank premises shall be reasonably satisfactory to SovereignC&N; provided, however, that (i) any such environmental audit must be initiated within 45 30 days of the date of this Agreement, (ii) Sovereign C&N must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k) within 15 days of receiving the results of all such environmental audit audits and (iii) Sovereign C&N may not terminate this Agreement under this Section 5.02(k) unless the results of such audits result in a Material Adverse Effect on ML;C&N; and
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Phase I Environmental Audit Results. The results of any "phase I environmental audit" conducted pursuant to Section 4.10(a)(i4.10(a)(ii) with respect to owned or occupied bank premises shall be reasonably satisfactory to Sovereign; provided, however, that (i) any such environmental audit must be initiated within 45 days of the date of this Agreement, (ii) Sovereign must elect to terminate this Agreement or waive its right to terminate the Agreement under this Section 5.02(k5.02(l) within 15 days of receiving the results of such environmental audit and (iii) Sovereign may not terminate this Agreement under this Section 5.02(k5.02(l) unless the results of such audits result in a Material Adverse Effect on ML;Sovereign; and
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