A Phase I Environmental definition

A Phase I Environmental. Site Assessment Report dated the most recent practical date prior to the Closing Date in form and substance satisfactory to MPT (and a Phase II if recommended by the Phase I Report);
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A Phase I Environmental. Site Assessment Report dated the most recent practical date prior to the Closing Date in form and substance satisfactory to MPT (and a Phase II if recommended by the Phase I Report); Property condition reports for the Land, dated the most recent practical date prior to the Closing Date and in form and substance satisfactory to MPT; A Zoning Compliance Letter/Certificate dated the most recent practical date prior to the Closing Date in form and substance satisfactory to MPT; Tenant Estoppel Certificates in form and substance satisfactory to MPT; Owner's Affidavits in form and substance satisfactory to MPT; The Search Reports dated the most recent practical date prior to the Closing Date in form and substance satisfactory to MPT; A Non-Foreign Affidavit in form and substance satisfactory to MPT; The Lease, together with a Memorandum of Lease Agreement in form and substance satisfactory to MPT; The Assignment of Rents and Leases in substantially the form attached hereto as EXHIBIT 9.2(q); The Security Agreements in substantially the form attached hereto as EXHIBIT 9.2(r); The legal opinions of Xxxxxxx, Xxxxx & Diamond as counsel for the Seller Parties, substantially in the form attached hereto as EXHIBIT 9.2(s) (it being understood and agreed that Seller Parties shall cause Xxxxxx & Thorneburg, LLP to deliver, within two (2) Business Days following the Closing Date, an opinion in form and substance satisfactory to the MPT Parties addressing Indiana law as it relates to the matters opined to in said Xxxxxxx, Xxxxx & Diamond opinion); At the Closing, each Seller Party shall have furnished to the MPT Parties a certificate dated the Closing Date signed by such Seller Party to the effect that all of the representations and warranties of the Seller Parties contained in the Agreement (considered collectively) and each of these representations and warranties (considered individually) remain in all respects true and correct as of the Closing Date as if made on such date and that the Seller Parties have performed and satisfied in all material respects all covenants and conditions required by this Agreement to be performed or satisfied by the Seller Parties on or prior to Closing; All necessary approvals, consents, estoppel certificates and the like of third parties or Governmental Entities to the validity and effectiveness of the transactions contemplated hereby; The Noncompete Agreement substantially in the form attached as EXHIBIT 9.2(v); The Promissory Note; The Rep...
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Examples of A Phase I Environmental in a sentence

  • A Phase I Environmental Site Assessment (ESA) has been conducted on the property.

  • A Phase I Environmental Site Assessment (ESA) is not required for the sale of property.

  • A Phase I Environmental Site Assessment has been conducted on the property.

  • A Phase I Environmental Site Assessment (ESA) is required for the acquisition of property.

  • A Phase I Environmental Site Assessment is not required for the sale of property.

  • A Phase I Environmental Site Assessment prepared in accordance with ASTME 1527-21 and the Agency requirements found in the Submission Guide for Architects is required for all developments.

  • A Phase I Environmental Site Assessment will be conducted by a qualified professional in addressing the toxic sites provision of environmental reviews.

  • A Phase I Environmental Site Assessment (ESA) has been conducted on the property listed above.

  • A Phase I Environmental Site Assessment (ESA) Report shall be prepared in accordance with the most recent ASTM International Standard E1527.

  • A Phase I Environmental Assessment Report was completed by Northgate Environmental Management, Inc., in February 2009.

Related to A Phase I Environmental

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Phase I Environmental Report means a report by an Independent Person who regularly conducts environmental site assessments in accordance with then current standards imposed by institutional commercial mortgage lenders and who has a reasonable amount of experience conducting such assessments.

  • Adverse Environmental Condition shall refer to (i) the existence or the continuation of the existence, of an Environmental Emission (including, without limitation, a sudden or non-sudden accidental or non-accidental Environmental Emission), of, or exposure to, any substance, chemical, material, pollutant, Contaminant, odor or audible noise or other release or emission in, into or onto the environment (including, without limitation, the air, ground, water or any surface) at, in, by, from or related to any Equipment, (ii) the environmental aspect of the transportation, storage, treatment or disposal of materials in connection with the operation of any Equipment or (iii) the violation, or alleged violation of any statutes, ordinances, orders, rules regulations, permits or licenses of, by or from any governmental authority, agency or court relating to environmental matters connected with any Equipment.

  • Initial Environmental Examination or “IEE” means an initial environmental examination for a Subproject, including any update thereto, prepared and submitted by the Borrower pursuant to the requirements set forth in the EARF and cleared by ADB;

  • Operating Environment means, collectively, the platform, environment and conditions on, in or under which the Software is intended to be installed and operate, as set forth in the Statement of Work, including such structural, functional and other features, conditions and components as hardware, operating software and system architecture and configuration.

  • Environmental Site Assessment means a Phase I environmental report meeting the requirements of the American Society for Testing and Materials, and, if in accordance with customary industry standards a reasonable lender would require it, a Phase II environmental report, each prepared by a licensed third party professional experienced in environmental matters.

  • Production Environment means a logical group of virtual or physical computers comprised within the Cloud Environment to which the Customer will be provided with access and use the purchased Cloud Application(s) in production and for its generally marketed purpose.

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Natural environment means the air, land and water, or any combination or part thereof, of the Province of Ontario; (“environnement naturel”)

  • ICT Environment means the Authority System and the Contractor System. “Information” has the meaning given under section 84 of the FOIA.

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • the Environmental Statement means the document certified as the environmental statement by the Secretary of State for the purposes of the Order;

  • Environmental Assessment means an assessment of the presence, storage or release of any hazardous or toxic substance, pollutant or contaminant with respect to the collateral securing a Shared-Loss Loan that has been fully or partially charged off.

  • Materials of Environmental Concern any gasoline or petroleum (including crude oil or any fraction thereof) or petroleum products or any hazardous or toxic substances, materials or wastes, defined or regulated as such in or under any Environmental Law, including asbestos, polychlorinated biphenyls and urea-formaldehyde insulation.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Environmental Assessment Act means the Environmental Assessment Act, R.S.O. 1990, c.E.18.

  • Site Assessment means a Site Assessment as defined in Paragraph 10(c).

  • Customer Environment means Customer’s data network/equipment and premises environment.

  • Processes with Significant Environmental Aspects means the Equipment which, during regular operation or if not properly operated or maintained, may cause or are likely to cause an adverse effect.

  • Insured Environmental Event As defined in Section 3.07(d).

  • Environmental requirements means requirements imposed by applicable Federal, state, and local environmental laws and regulations, including, without limitation, statutes, ordinances, regulations, court orders, consent decrees, administrative orders, or compliance agreements including the Hanford Federal Facility Agreement and Consent Order, consent orders, permits, and licenses; and

  • Environmental Conditions means any conditions of the environment, including, without limitation, the work place, the ocean, natural resources (including flora or fauna), soil, surface water, ground water, any actual or potential drinking water supply sources, substrata or the ambient air, relating to or arising out of, or caused by the use, handling, storage, treatment, recycling, generation, transportation, Release or threatened Release or other management or mismanagement of Regulated Substances resulting from the use of, or operations on, the Property.

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Material of Environmental Concern means and includes pollutants, --------------------------------- contaminants, hazardous wastes, and toxic, radioactive, caustic or otherwise hazardous substances, including petroleum, its derivatives, by-products and other hydrocarbons, or any substance having any constituent elements displaying any of the foregoing characteristics.

  • Environmental Report The environmental audit report or reports with respect to each Mortgaged Property delivered to the related Mortgage Loan Seller in connection with the origination or acquisition of the related Mortgage Loan.

  • Environmental Audit means, with respect to each Property, a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of such Property.