All Appropriate Inquiries definition

All Appropriate Inquiries or “AAI” means the process of

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All Appropriate Inquiries. (AAI) means the standards and practices set forth in 40 CFR

All Appropriate Inquiries has the meaning set forth in Section 6.10.

Examples of All Appropriate Inquiries in a sentence

Buyer shall have made All Appropriate Inquiries concerning each Current Company Facility and shall have obtained a Phase I and, if necessary, a Phase II with respect to each Current Company Facility for which Buyer has exercised its rights under Section 6.10 hereof, in each case in a form which allows Buyer to rely on such reports.
Sellers hereby grant Buyer and agents of Buyer all access to each Current Company Facility and to any individual representatives of Sellers which is or may be needed by or for Buyer to undertake All Appropriate Inquiries regarding each Current Company Facility.
Commerce may undertake any investigatory activity to insure the Environmental Audit conforms to the standards for Phase I environmental assessments issued by the American Society for Testing and Materials (“ASTM”) or the Standards and Practices for All Appropriate Inquiries published by U.S. EPA at 70 Fed.
Buyer’s performance of All Appropriate Inquiries shall include but not be limited to, performance by or for Buyer, at Buyer’s sole cost, of any of the actions described in this Section 6.10.
The environmental consultant(s) shall use the practices in ASTM standard E1527-05 “Standard Practices for Environmental Site Assessment: Phase I Environmental Site Assessment Process,” or EPA's All Appropriate Inquiries Final Rule.
The CAR shall utilize the practices in ASTM standard E1527-13 “Standard Practices for Environmental Site Assessment: Phase I Environmental Site Assessment Process,” or EPA's All Appropriate Inquiries Final Rule (40 CFR 312).
An Environmental Audit in compliance with the All Appropriate Inquiries Final Rule or the American Society for Testing and Materials (ASTM) Designation E 1527-05 showing that no Pollutant (except as agreed and accepted by Lender) is present above, on, in or under the Project, and all reports, data and other information produced in connection with the Tests.
All Appropriate Inquiries (AAI) final reports produced with funding from this agreement must comply with 40 C.F.R. Part 312 and must, at a minimum, include the information below.
Phase I Environmental Site Assessment (BIO-WEST, Inc.) The purpose of the assessment is to identify potential environmental concerns in accordance with the requirements of the Standards and Practices for All Appropriate Inquiries, Final Rule 40 CFR Part 312; American Society for Testing and Materials (ASTM) Practice E1527-13.
Commerce may undertake any investigatory activity to insure the Environmental Audit conforms to the standards for Phase I environmental assessments issued by the American Society for Testing and Materials ("ASTM") or the Standards and Practices for All Appropriate Inquiries published by U.S. EPA at 70 Fed.

More Definitions of All Appropriate Inquiries

All Appropriate Inquiries or "AAI" means the process of conducting due diligence or an ASTM Phase I Environmental Site Assessment to

All Appropriate Inquiries means the process of evaluating a property’s environmental conditions and assessing the likelihood of any contamination in compliance with the All Appropriate Inquiries Final Rule at 40 CFR 312.

All Appropriate Inquiries means, for purposes of ECL 27-1323(4)(c):

All Appropriate Inquiries or “AAI” means the process of evaluating a property’s environmental conditions and assessing the likelihood of any contamination. Every Phase I environmental assessment must be conducted in compliance with the All Appropriate Inquiries Final Rule at 40 CFR Part 312.

All Appropriate Inquiries or "AAI" means the process of conducting due diligence or an ASTM Phase I Environmental Site Assessment to determine prior uses and ownership of a property and assess conditions at the property that may be indicative of Releases or threatened Releases of hazardous substances at, on, in, or to the property as defined by 40

All Appropriate Inquiries under CERCLA §7.36‌ The “all appropriate inquiries” (AAI) rule is CERCLA’s counterpart to a BEA conducted under Part 201. See 42 USC 9601. The requirements for conducing AAI are found at 40 CFR 312.2, which incorporates the American Society for Testing and Materials (ASTM) 1527–97 and the procedures of the American Society for Testing and Materials (ASTM) 1527–00, both entitled “Standard Practice for Environmental Site Assessment: Phase 1 Environmental Site Assessment Process.” The AAI rule is discussed more fully in Chapter 8. In practice, compliance with Part 201’s BEA requirements will satisfy the AAI rule under CERCLA as the standards for completing AAI are similar to the standards for preparing BEA. In addition, DNRE and EPA have a Memorandum of Understanding in place that implies that EPA will not take enforcement action against an owner or operator who complies with Part 201’s BEA and Section 20107a due care requirements. In order to obtain liability protection under CERCLA, in addition to performing AAI, a buyer must be a “bona fide prospective purchaser” and enter into a prospective purchaser agreement with the EPA. In order to qualify as a bona fide prospective purchaser, a buyer must: (i) not have caused contamination on the property; (ii) performed all appropriate inquiries into the past uses of the property; (iii) undertake due care activities; and (iv) cooperate with those responsible to conduct response activities. 42 USC 9601. A bona fide prospective purchaser cannot be affiliated with any other person that is potentially liable for conducting response costs. Compliance with Part 201’s BEA requirements generally alleviates the need to enter into a prospective purchaser agreement with EPA. 42 USC 9601. Appendix -- Forms‌