Examples of ESA Reports in a sentence
The Purchaser has engaged one or more qualified environmental engineering firms to conduct a Phase I environmental review and issue ESA Reports, copies of which have been provided to the Seller.
For purposes of this Section 7.2(h) only, the NPV cost to the Company shall be calculated using a 3% inflation rate and a 7% discount rate, and shall be based on the lowest, commercially reasonable costs required to address all non-compliance with Environmental Laws identified by the ESA Reports as to contributing to Environmental Costs and Liabilities.
Any physical environmental sampling to be performed in preparation of the ESA Reports must be approved in advance by the Company, which approval shall not be unreasonably withheld, and such request for approval shall be accompanied by an explanation why such sampling is appropriate.
For purposes of this Section 7.2(h) only in the event that the two ESA Reports identify the same issue or issues as contributing to Environmental Costs and Liabilities, the lower of the cost estimates for such issue or issues shall be used to calculate the NPV cost to the Company.
The Target Company has engaged one or more qualified environmental engineering firms to conduct a Phase I environmental review and issue reports to characterize the environmental condition of all Real Property and has made such reports available to the Acquiror (the "ESA Reports").