Initial Environmental Report definition

Initial Environmental Report means the Phase 1 environmental report delivered to the Administrative Agent in accordance with Section 5.01(e)(xvii) of the Original Credit Agreement.
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Initial Environmental Report has the meaning given thereto in Section 3.1(xi).
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Initial Environmental Report means the report attached hereto as Exhibit G, as it may be supplemented by pre- or post-construction sampling, performed in accordance with methodologies approved in advance by the Port Authority.
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Examples of Initial Environmental Report in a sentence

  • Notwithstanding the foregoing, the BRI Partnership may not disapprove or object to any matter disclosed by the Environmental Inspection that was disclosed in the Initial Environmental Report.

  • Should the BRI Partnership decide, in its sole judgment, during the period up to and including October 1, 1997 (the "Due Diligence Period") that the Initial Environmental Report is unsatisfactory, the BRI Partnership shall have the right to terminate this Agreement by giving written notice of its election to do so on or before the last day of the Due Diligence Period, and upon the giving of such notice this Agreement shall be of no further force or effect.

  • The Developer Lessor shall, no later than forty-five (45) days before the delivery of the Property, whether by virtue of expiration of the lease or termination prior to the vacancy thereof, provide a report prepared by a specialized engineer or by a first-rate specialized environmental appraisal firm (whose report shall comply with the same assumptions and analyses made by the Initial Environmental Report described in item 17.1.1 – Initial Environmental Report) (the “Delivery Environmental Report”).


More Definitions of Initial Environmental Report

Initial Environmental Report means the Modified Phase I ESA of Surface Properties Controlled by Addixxxxx Xxxing (a Division of Addixxxxx Xxxerprises, Inc.), Tennessee Mining, Inc., Bowie Resources, Ltd., and Ikerx-Xxxxx Xx., Inc. by Marsxxxx Xxxxxx & Xssociates, dated September 23, 1997.
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Initial Environmental Report means the environmental report relating to the Project Area prepared by Pilko & Associates, Inc., dated as of June 2004.
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Initial Environmental Report means the report attached hereto, hereby made a part hereof and marked “Exhibit I” entitled “Xxxx X. Xxxxxxx International Airport Terminal 6 Baseline Subsurface Investigation” and dated October, 1999.
Sample 1

Related to Initial Environmental Report

  • 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.

  • 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.

  • 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;

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

  • Environmental Reports means each and every “Phase I Environmental Site Assessment” (and, if applicable, “Phase II Environment Site Assessment”) as referred to in the ASTM Standards on Environmental Site Assessments for Commercial Real Estate, E 1527-2000 and an asbestos survey, with respect to each Mortgaged Property, prepared by one or more Environmental Auditors and delivered to Lender and any amendments or supplements thereto delivered to Lender.

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

  • 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.

  • 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.

  • Material Environmental Amount an amount payable by the Borrower and/or its Subsidiaries in excess of $5,000,000 for remedial costs, compliance costs, compensatory damages, punitive damages, fines, penalties or any combination thereof.

  • 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.

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

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.

  • Supplemental Report means a Supplemental Report delivered by the Issuer to Treasury pursuant to the Definitive Agreement.

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

  • major environmental rule means a rule the specific intent of which is to protect the environment or reduce risks to human health from environmental exposure and that may adversely affect in a material way the economy, a sector of the economy, productivity, competition, jobs, the environment, or the public health and safety of the state or a sector of the state.

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

  • Environmental Hazard means any substance the presence, use, transport, abandonment or disposal of which (i) requires investigation, remediation, compensation, fine or penalty under any Applicable Law (including, without limitation, the Comprehensive Environmental Response Compensation and Liability Act, Superfund Amendment and Reauthorization Act, Resource Conservation Recovery Act, the Occupational Safety and Health Act and provisions with similar purposes in applicable foreign, state and local jurisdictions) or (ii) poses risks to human health, safety or the environment (including, without limitation, indoor, outdoor or orbital space environments) and is regulated under any Applicable Law.

  • 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.

  • 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;

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

  • Environmental impact statement means a detailed written statement as required by section 102(2)(C) of the Act.

  • Environmental Review means the Federal

  • Covered Environmental Losses means all environmental losses, damages, liabilities, claims, demands, causes of action, judgments, settlements, fines, penalties, costs and expenses (including, without limitation, costs and expenses of any Environmental Activity, court costs and reasonable attorney’s and experts’ fees) of any and every kind or character, by reason of or arising out of:

  • Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2016, prepared internally by the Borrower.

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Environmental Harm means serious or material environmental harm or environmental nuisance as defined in the Environmental Protection Xxx 0000 (Qld);