Common use of Phase I Environmental Report Clause in Contracts

Phase I Environmental Report. Lender may at its option obtain, in each instance, at its expense, a new phase I environmental report with respect to the Property, and such reasonable additional environmental studies as may be recommended in such phase I reports.

Appears in 4 contracts

Samples: Deed of Trust (Shelbourne Properties Ii Inc), Deed of Trust, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Ii Inc), Deed of Trust, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Ii Inc)

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Phase I Environmental Report. Lender may at its option obtain, in each instance, at its expense, a new phase I environmental report with respect to the Property, and such reasonable additional environmental studies as may be recommended in such phase I reports.

Appears in 1 contract

Samples: Mortgage, Security Agreement, Financing Statement, Fixture Filing and Assignment of Leases, Rents, and Security Deposits (Shelbourne Properties Iii Inc)

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