Common use of Phase II Work Clause in Contracts

Phase II Work. Within 5 Business Days of receipt of a final Phase I Assessment, Chemical shall notify O.A.K. whether it plans to conduct a Phase II environmental assessment (a "Phase II Assessment") of the Investigated Property, which may include the procurement and analysis of samples of soil, groundwater, surface water, air, or any other environmental medium. All Phase II Assessments shall be at Chemical's sole expense. Chemical shall furnish a copy of the written scope of work for the Phase II Assessment to O.A.K. prior to commencing the Phase II Assessment. The Phase II Assessment may be conducted in more than one phase, provided that all phases shall be completed by the earlier of (i) 25 Business Days after the parties agree upon the work plan, and (ii) 10 Business Days prior to the Closing. Chemical shall provide O.A.K. with a copy of its final Phase II Assessment for the Investigated Property.

Phase II Work. Within 5 Business Days of receipt of a final Phase I Assessment, Chemical Purchaser shall notify O.A.K. Company whether it plans to conduct a Phase II environmental assessment (a "“Phase II Assessment"”) of the Investigated any Company Real Property, which may include the procurement and analysis of samples of soil, groundwater, surface water, air, or any other environmental medium. All Phase II Assessments shall be at Chemical's Purchaser’s sole expense. Chemical Purchaser shall furnish a copy of the written scope of work for the Phase II Assessment to O.A.K. Company prior to commencing the Phase II Assessment. The Phase II Assessment may be conducted in more than one phase, ; provided that all phases shall be completed by the earlier of (i) 25 Business Days after the parties agree upon the work plan, and (ii) 10 Business Days prior to the Closing. Chemical Purchaser shall provide O.A.K. Company with a copy of its any final Phase II Assessment for the Investigated of any Company Real Property.

Phase II Work. Within 5 Business Days of receipt of a final Phase I Assessment, Chemical Purchaser shall notify O.A.K. Company whether it plans to conduct a Phase II environmental assessment (a "Phase II Assessment") of the Investigated Property, which may include the procurement and analysis of samples of soil, groundwater, surface water, air, or any other environmental medium. All Phase II Assessments shall be at ChemicalPurchaser's sole expense. Chemical Purchaser shall furnish a copy of the written scope of work for the Phase II Assessment to O.A.K. Company prior to commencing the Phase II Assessment. The Phase II Assessment may be conducted in more than one phase, provided that all phases shall be completed by the earlier of (i) 25 Business Days after the parties agree upon the work plan, and (ii) 10 15 Business Days prior to the Closing. Chemical Purchaser shall provide O.A.K. Company with a copy of its final Phase II Assessment for the Investigated Property.

Phase II Work. Within 5 Business Days of receipt of a final Phase I Assessment, Chemical Purchaser shall notify O.A.K. Company whether it plans to conduct a Phase II environmental assessment (a "Phase II Assessment") of the Investigated any Company Real Property, which may include the procurement and analysis of samples of soil, groundwater, surface water, air, or any other environmental medium. All Phase II Assessments shall be at ChemicalPurchaser's sole expense. Chemical Purchaser shall furnish a copy of the written scope of work for the Phase II Assessment to O.A.K. Company prior to commencing the Phase II Assessment. The Phase II Assessment may be conducted in more than one phase, ; provided that all phases shall be completed by the earlier of (i) 25 Business Days after the parties agree upon the work plan, and (ii) 10 Business Days prior to the Closing. Chemical Purchaser shall provide O.A.K. Company with a copy of its any final Phase II Assessment for the Investigated of any Company Real Property.