Phase II Environmental Reports Sample Clauses

Phase II Environmental Reports. If deemed necessary in the sole judgment of the Agent to further investigate suspected or likely contamination, supplemental environmental reports prepared by qualified consultants of the analysis of core drilling or ground water samples from property, showing no contamination by hazardous materials.
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Phase II Environmental Reports. Probex and Buyer shall have received a Phase II Environmental Report regarding the Real Property to be acquired by this Agreement that is acceptable to Buyer and Probex in their sole discretion.
Phase II Environmental Reports. As soon as practicable, but not ------------------------------ later than September 1, 2000, Borrower shall retain a qualified environmental engineer acceptable to Bank to conduct Phase II environmental assessment studies of the Real Properties (as defined in the SSE Purchase Agreement), the scope of which environmental assessment studies shall be satisfactory to Bank. Borrower shall cause such environmental engineer to deliver to Borrower as soon as reasonably possible and in any event within 120 days after the First Amendment Closing Date, a written report with respect to all such Real Properties disclosing its findings, conclusions and recommendations. Borrower shall also cause such environmental engineer to furnish such written report to Bank concurrently with its furnishing to Borrower. If such report discloses any Hazardous Material claim or other adverse environmental condition on or with respect to any of such Real Properties, or recommends the remediation of any Hazardous Material claim or other adverse environmental condition, Borrower shall immediately notify Seller in writing of the same and, if Seller is or may be liable or otherwise responsible for such Hazardous Material claim or other adverse environmental condition under the SSE Purchase Agreement or otherwise, cause Seller to remediate the same in accordance with all Environmental Laws, all at Seller's sole cost and expense and to Borrower's reasonable satisfaction. Nothing in this Section 3.29 shall negate or ------------ otherwise limit any rights of Bank or any other obligations of Borrower or any Guarantor under this Section 3.29 with respect to any Real Property. ------------
Phase II Environmental Reports. The Phase II Environmental Reports referred to in Section 7.4(g) and cost estimates for any required remediation as provided in Section 7.4(g) shall each have been provided to Sellers.

Related to Phase II Environmental Reports

  • Environmental Report Lender shall have received an Environmental Report (not more than six months old) with respect to the Property that discloses no material environmental contingencies with respect to the Property.

  • Environmental Reports Lender shall have received an environmental report in respect of the Property, in each case reasonably satisfactory to Lender.

  • Preparation of Environmental Reports At the request of the Administrative Agent from time to time if the Administrative Agent reasonably suspects the presence of any Hazardous Materials on any property of the Borrower or its Subsidiaries, provide to the Administrative Agent within sixty (60) days after such request, at the expense of the Borrower, an environmental site assessment report for any Specified Real Estate described in such request, prepared by a nationally recognized environmental consulting firm (or other environmental consulting firm reasonably acceptable to the Administrative Agent), indicating the presence or absence of Hazardous Materials and the estimated cost of any compliance, removal or remedial action in connection with any Hazardous Materials on such properties; without limiting the generality of the foregoing, if the Administrative Agent determines at any time that a material risk exists that any such report will not be provided within the time referred to above, the Administrative Agent may retain an environmental consulting firm to prepare such report at the expense of the Borrower, and such Loan Party hereby grants and agrees to cause any Subsidiary that owns any property described in such request to grant at the time of such request to the Administrative Agent, such firm and any agents or representatives thereof an irrevocable non-exclusive license, subject to the rights of tenants, to enter onto their respective properties to undertake such an assessment.

  • Compliance with Environmental Laws; Environmental Reports (a) Comply, and cause all lessees and other persons occupying Real Property owned, operated or leased by any Company to comply, in all material respects with all Environmental Laws and Environmental Permits applicable to its operations and Real Property; obtain and renew all material Environmental Permits applicable to its operations and Real Property; and conduct all Responses required by, and in accordance with, Environmental Laws; provided that no Company shall be required to undertake any Response to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP.

  • Environmental Reports and Audits As soon as practicable following receipt thereof, copies of all environmental audits and reports with respect to environmental matters at any Facility or which relate to any environmental liabilities of Holdings or its Subsidiaries which, in any such case, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect;

  • Environmental Audits From time to time, as requested by Lender, at the sole expense of Borrower, Borrower shall provide Lender, or its designee, complete access to all of Borrower's facilities for the purpose of conducting an environmental audit of such facilities as Lender or its designees may deem necessary. Borrower agrees to cooperate with Lender with respect to any environmental audit conducted by Lender or its designee pursuant to this Section 5.10.

  • Environmental Audits and Reports As soon as practicable following receipt thereof, copies of all final environmental audits, investigations, analyses and reports of any kind or character, whether prepared by personnel of Holdings or any of its Subsidiaries or by independent consultants, Government Authorities or any other Persons, with respect to significant environmental matters at any Facility that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect or with respect to any Environmental Claims that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

  • Environmental Matters; Environmental Reviews (a) Each Restricted Person will comply in all material respects with all Environmental Laws now or hereafter applicable to such Restricted Person as well as all contractual obligations and agreements with respect to environmental remediation or other environmental matters and shall obtain, at or prior to the time required by applicable Environmental Laws, all environmental, health and safety permits, licenses and other authorizations necessary for its operations and will maintain such authorizations in full force and effect.

  • Environmental Audit If required by the Administrative Agent, reports and other information in form, scope and substance satisfactory to the Administrative Agent and prepared by environmental consultants satisfactory to the Administrative Agent, concerning any environmental hazards or liabilities to which any Credit Party may be subject with respect to such Additional Mortgaged Property; and

  • Environmental Site Assessments Upon request by Landlord during the Term of this Lease, prior to the exercise of any renewal Term and/or prior to vacating the Premises, Tenant will obtain and submit to Landlord an environmental site assessment from an environmental consulting company reasonably acceptable to Landlord.

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