Phase I Environmental Reports definition

Phase I Environmental Reports shall have the meaning set forth in Section 7.2.1.
Sample 1Sample 2
Phase I Environmental Reports means those environmental site assessments conducted by Professional Service Industries, Inc., dated January 24, 2006, related to each of the Acquired Facilities. SCHEDULE 2.1
Sample 1
Phase I Environmental Reports means each such Phase I Environmental Report, collectively.
Sample 1

Examples of Phase I Environmental Reports in a sentence

  • Our induction package ensures that staff at The Beacon are aware of indicators and how to report concerns and how to contact other agencies if required, supported by the Multi Agency Support Team.

  • Phase I Environmental Reports can be contracted directly by the sponsor in all cases.

  • Administrative Agent shall be satisfied with the results of the environmental due diligence it has conducted, if any, with respect to any real property owned and/or leased by Borrower, including without limitation the Phase I Environmental Reports, if any, ordered by or on behalf of Administrative Agent.

  • At its sole cost and expense, Bidder shall have the right, but not the obligation, to perform desk-top/NEPA Phase I Environmental Reports for any of the Tower Sites (any such report is referred to herein as an "Optional Bidder Phase I Report" and such reports are referred to collectively herein as the "Optional Bidder Phase I Reports").

  • Administrative Agent shall have received Phase I Environmental Reports with respect to each Borrowing Base Property in form and substance reasonably satisfactory to Administrative Agent.

  • Within 30 days of the date hereof, THCI shall deliver to the Acquirors Phase I Environmental Reports for each Property.

  • RMHP has no Knowledge of any matters that could give rise to Environmental Liabilities that would reasonably be expected to have a Material Adverse Effect that is not disclosed or identified in Schedule 4.9. RMHP has reviewed the Buyer Phase I Environmental Reports with respect to the Maine Hydro Projects and states that it has no Knowledge of any material factual inaccuracies in the descriptions of the Sites and the Projects in such reports.

  • U.S. Hydro Sellers have reviewed the Buyer Phase I Environmental Reports with respect to the U.S. Hydro Projects state that (i) they have no Knowledge of any material factual inaccuracies in the descriptions of the Sites and the Projects in such reports; and (ii) there are no real estate assets acquired by the U.S. Hydro Project Companies not reflected in the Title Commitments.

  • Purchaser agrees to pay for the costs of the Phase I Environmental Reports when such costs come due and Purchaser's obligation for said costs shall survive the Closing and delivery of the Deeds or termination of this Agreement.

  • The due diligence process will include, but shall not limited to, obtaining third party reports as are customary for the given property type and location which will include, without limitation, engineering studies, Phase I Environmental Reports, appraisals and background and credit checks.


More Definitions of Phase I Environmental Reports

Phase I Environmental Reports means those reports specified in Section 7.1.17.
Sample 1
Phase I Environmental Reports means those certain environmental reports written and delivered by ERAtech Environmental, Inc. of Dayton, Ohio, dated May 26, 1994 and March 26, 1996, each with respect to the Apartment Complex.
Sample 1
Phase I Environmental Reports means that certain environmental report written and delivered by Astex Environmental Services, Inc., dated August 12, 1996, with respect to the Apartment Complex.
Sample 1

Related to Phase I Environmental Reports

  • 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.

  • 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.

  • 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 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.

  • 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;

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

  • 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.

  • 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;

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

  • Environmental Review means the Federal

  • 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.

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

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

  • 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 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 Information means any information in written, visual, aural, electronic or any other material form on:

  • 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 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.

  • 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.

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