Phase I Environmental Audit definition

Phase I Environmental Audit means an evaluation of real property for purposes of environmental analysis performed solely on the basis of historical records without invasive sampling or drillings from such property.

Phase I Environmental Audit means a phase-I environmental audit for certain Subprojects to be carried out by a Participating Entity according to the procedures specified in the Environmental Framework;

Phase I Environmental Audit means a report prepared by an Environmental Consultant in accordance with the requirements of standard Z768-01, “Phase I Environmental Site Assessment”, published by the Canadian Standards Association, as amended, at the date of the Phase I Environmental Audit;

Examples of Phase I Environmental Audit in a sentence

• CONTAMINATION ISSUES: The submitted Phase I Environmental Audit did not identify a history of on-site contamination, nor were any obvious signs of contamination observed on site inspections.

• If Purchaser exercises its right to terminate this Contract pursuant to Section 4.02, then Purchaser shall provide Seller with a copy of any appraisals, surveys, engineering, Phase I Environmental Audit, Phase II Environmental Audit, or other written inspection or test report or summary prepared by any third party in connection with Purchaser’s inspection of the Property.

• If the Phase I Environmental Audit is not reasonably satisfactory to Buyer, Buyer shall immediately advise Seller in writing.

• Prior to open space conveyance to the County, a Phase I, Environmental Audit of the lands proposed for dedication shall be performed by the applicant as part of the site plan approval for the project.

• Accordingly, SFMTA is hereby advised that Hazardous Materials (as herein defined) may be present on or near the Premises, including, those Hazardous Materials described in: Draft Phase I Environmental Audit, 1399 Marin Street Site, AGS, Inc., March 1999., a copy of which has been made available to SFMTA.

More Definitions of Phase I Environmental Audit

Phase I Environmental Audit means an assessment of Seller's compliance with Environmental Laws relative to the Assets consisting of examination of Seller's files and public documents, interviews of personnel of Seller and of other appropriate persons and visual inspection of the Assets.

Phase I Environmental Audit means a visual and documentary assessment of (a) Environmental Matters pertaining to any of the Companies and the Subsidiary, (b) the Company Property, and (c) compliance with Environmental Laws by the Companies and the Subsidiary. The Phase I Environmental Audit may include, without limitation, examination of the Companies' and the Subsidiary's files and public documents, interviews of personnel of the Companies and the Subsidiary and of other appropriate persons, visual inspection of Company Property and other properties (subject to restrictions on access), and review of NORM and asbestos surveys known to the Companies and the Subsidiary, but shall not include invasive sampling or testing.

Phase I Environmental Audit means an assessment of HSRTW's compliance with Environmental Laws relative to the Ownership Interests consisting of examination of HSRTW's files and public documents, interviews of personnel and former personnel of HSRTW and of

Phase I Environmental Audit means a review consistent with custom and practice in the industry in the United States (with respect to acquisitions) for such Phase I audits for the purposes of determining whether the Company complies with Environmental Law and whether there exists any condition or circumstance with respect to the headquarters or distribution center of the Company which requires or will require cleanup, removal or other remedial action under Environmental Law on the part of the Company. Such audit may include some or all of the following, as determined by the reasonable professional judgment of the person retained by Buyer to perform such Phase I Environmental Audit:

Phase I Environmental Audit. (as defined in the Illinois Environmental Protection Act) certified to Borrower and Lender and setting forth an asbestos evaluation and other environmental investigations of the Property and the areas surrounding the Property. Such testing and investigation shall be performed by an "environmental professional" (as defined in the Illinois Environmental Protection Act) acceptable to Lender in a manner satisfactory to Lender.

Phase I Environmental Audit means an assessment of Seller's compliance with Environmental Laws relative to the Purchased Assets consisting of examination of Seller's files and public documents, interviews of personnel of Seller and of other appropriate persons visual inspection of the Purchased Assets and NORM surveys.

Phase I Environmental Audit means that certain Phase I Environmental Site Assessment prepared by Consolidated Technologies, Inc. and dated June, 1997, a copy of which is attached hereto as Exhibit C.