Phase I Environmental Site Assessments. If the Borrower or any other Relevant Party desires to acquire any Processing Plant for consideration in excess of $20,000,000, the Borrower shall, or shall cause such Relevant Party to, provide to the Administrative Agent the results of a Phase I environmental site assessment for such Processing Plant, or such other non-invasive environmental assessment, audit, or test report for such Processing Plant which Administrative Agent shall expressly authorize prior to or within ninety (90) days after the acquisition of such Processing Plant, provided that the Administrative Agent may, in its sole and absolute discretion, elect not to require any such site assessment, audit, or test report that would otherwise be so required.
Phase I Environmental Site Assessments. The Buyer shall have received (i) copies of phase I environmental site assessments for the APT Projects, which do not recommend an invasive phase II environmental site investigation of environmental media and the scope of work of which for the phase I substantially complies with the “Scope of Work” described in the Contract Authorization, and (ii) reliance letters, substantially in the form attached to the Contract Authorization, with respect to such phase I environmental site assessments. The cost and expense of such phase I environmental site assessments shall be borne by the Seller.
Phase I Environmental Site Assessments. A Phase I Environmental Site Assessment or Assessments of the Fee Properties prepared in conformance with the scope and limitations of ASTM Standard Designation E1527-93 and approved by Agent Bank. Any recommended action shall have been completed by Borrowers.
Phase I Environmental Site Assessments. (a) An Environmental Risk Disclosure Questionnaire in the standard form currently used by WFB with respect to real estate secured loans fully completed by Borrower and delivered to Agent Bank.
(b) Borrower hereby confirms the representations contained in Sections 2.1 and 2.2 of the Environmental Certificate are true and correct in all respects, except with respect to the matters disclosed on the Schedule of Significant Litigation.
(c) Agent Bank shall have received evidence of flood insurance coverage for all portions of the Real Property that are located in: (i) an area designated by the Federal Emergency Management Agency as having special flood or mud hazards; and (ii) a community that participates in the National Flood Insurance Program; all in compliance with any applicable regulations of the Board of Governors of the Federal Reserve System.
Phase I Environmental Site Assessments a. A Phase I Environmental Site Assessment or Assessments of the Lawrenceburg Real Property prepared in conformance with the scope and limitations of ASTM Standard Designation E1527-94 and approved by Agent Bank. Any recommended action to resolve any breach of Hazardous Materials Laws shall have been completed by Borrowers.
b. Borrowers shall confirm the representations contained in Sections 2.1 and 2.2 of the Environmental Certificate are true and correct in all respects.
Phase I Environmental Site Assessments a. The Environmental Risk Disclosure Questionnaire dated January 20, 2004, together with Borrower's written statement detailing Borrower's program for dealing with the asbestos-containing material in the ceiling of the motel units therein disclosed.
b. Borrower hereby confirms the representations contained in Sections 2.1 and 2.2 of the Environmental Certificate are true and correct in all respects, except with respect to the matters disclosed on the Schedule of Significant Litigation.
Phase I Environmental Site Assessments. Sellers shall cause the Phase I Environmental Site Assessment for each of the five facilities constituting the LTV Tubular Plants, each prepared by Civil & Environmental Consultants, Inc. and dated June 28, 2002, to be certified to and for the benefit of Buyer and JP Morgan Chase individually and as agent for Buyer's banking group in x xxxxxxexx xx reliance letter substantially in the form of Schedule 8.6(a), and subject to the qualifications set forth on Schedule 8.6(b), specify thereon adherence to ASTM Designation E-1527-00.
Phase I Environmental Site Assessments a. A Phase I Environmental Site Assessment or Assessments of the ACLVI Real Property prepared in conformance with the scope and limitations of ASTM Standard Designation E1527-93 and approved by Agent Bank. Any recommended action shall have been completed by Borrowers.
b. Borrowers hereby confirm the representations contained in Sections 2.1 and 2.2 of the Environmental Certificate are true and correct in all respects.
Phase I Environmental Site Assessments. Upon authorization of the OWNER, ENGINEER will carry out the following steps, as needed, to successfully investigate xxxxxxxxxx sites using EPA Xxxxxxxxxx Assessment Grant Funds. Access Agreements: ENGINEER will assist the OWNER to develop a Site Access Agreement template. Using this template, access to sites will be granted by the property owner and will allow ENGINEER to enter the site for environmental assessment activities.
Phase I Environmental Site Assessments. In order to determine the scope and potential for contamination at each site, ENGINEER will complete comprehensive Phase I ESAs, a process of evaluating a property’s environmental conditions and assessing potential liability for any contamination. ENGINEER will ensure that all Phase I ESAs are compliant with the American Society for Testing and Materials (ASTM) Standard on Environmental Site Assessments for Commercial Real Estate (ASTM E 1527-13) and All Appropriate Inquiry (AAI) rule Phase I ESAs will begin immediately after EDs are approved by the EPA.
