Phase I ESAs definition

Phase I ESAs has the meaning set forth in Section 5.5(a).
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Phase I ESAs means those Phase I Environmental Site Assessments performed at the Properties in accordance with the scope and recommendations of the ASTM Phase I Standard.
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Phase I ESAs means those Phase I Environmental Site Assessments performed at the Properties in accordance with the scope and recommendations
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Examples of Phase I ESAs in a sentence

  • Phase I Environmental Site Assessments (Phase I ESAs) meeting the requirements of the latest ASTM standard (ASTM E1527-13, to be updated to -21).

  • The interview is a required standard component of Phase I ESAs and will include general questions regarding past and/or current operations, with an emphasis of practices related to storage and/or use of hazardous materials and/or petroleum products.

  • Phase I ESAs identify whether or not a recognized environmental condition1 exists.

  • Sellers will bear the costs of the Phase I ESAs and the Phase II ESAs. Sellers will provide Buyer with a copy of all Phase I ESAs and Phase II ESAs prepared by the Environmental Consultant in connection with this transaction.

  • The Phase I ESAs, however, shall not include testing of any environmental medium, or any materials, of any structure on any real property without the express written approval of ECS, which approval shall not be unreasonably withheld.

  • To date, the initial $1,000,000 EPA Assessment grant used to create the WAM program, plus the FY12 $500,000 grant, has allowed DNR to perform 26 Phase I ESAs, 21 Phase II ESAs, and nine limited site investigations on 33 different properties.

  • In the event that the final Project Site is at any time changed as permitted by this Agreement to include one or more parcels that are not covered by then-existing Phase I ESAs prepared pursuant to this Section, Seller shall thereafter promptly conduct one or more Phase I ESAs on such additional parcel or parcels.

  • Such Phase I ESAs have been provided to Buyers without any representations or warranties of any nature as to their accuracy, completeness or reliability.

  • The City anticipates conducting up to ten Phase I ESAs for hazardous substances sites and up to ten Phase I ESAs for petroleum sites.

  • Task 3 – Site Inventory and Characterization (Phase I and II ESAs): $107,500 Total ($102,750 Federal Funding + $5,000 Cost Share) • $12,000 Contractual: Phase I ESAs. The City plans to complete 2 Phase I ESAs on Historic Smelter Area Properties 11 and 15 at an average cost of $6,000/each.


More Definitions of Phase I ESAs

Phase I ESAs shall have the meaning specified in Section 7.1(a).
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Related to Phase I ESAs

  • 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.

  • 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.

  • 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.

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

  • 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.