Phase II Report definition

Phase II Report means an investigation and written report conducted by an environmental professional that further evaluates a REC identified in a Phase I Report or other transaction screen process for the purpose of providing additional information regarding the nature and extent of environmental contamination associated with a REC.

Phase II Report has the meaning set forth in Section 6.7(a).

Phase II Report means shall have the meaning given in Section 3.1.33 of the Disbursement Agreement.

Examples of Phase II Report in a sentence

• Outputs of Phase II: Report II will include the detailed design of the ‘selected solution for the island including: the Main Report; the Bill of Quantities and Cost Estimate; Technical Report (Detailed Drawings) Final version of the Detailed Design will support preparation of the Tender Documents for the selection of contractors.Phase III: Tender Documents & Selection of ContractorsTender DocumentsThe Consultants will prepare tender documents accordingly including the following.

• Buyer shall engage a geologist or professional engineer who is licensed by the State of California and who is not an affiliate of Buyer or Seller (the "Environmental Consultant"), to perform the subsurface investigation and prepare and certify the Phase II Report.

• A signed SBIR/STTR Phase II Report Cover Page must be submitted to the SBIR Program Office upon commencement of the grant.

• The SBIR/STTR Phase II Report Cover Page will cover the entire performance period of the grant (http://www.nsf.gov/eng/iip/sbir/Forms/index.jsp).

• Escrow Holder shall prorate the cost of the Phase II Report at the closing so that Buyer and Seller share equally up to $15,000 of the total cost of the Phase II Report.

More Definitions of Phase II Report

Phase II Report shall have the meaning set forth in Section 10.7.

Phase II Report shall have the meaning assigned to such term in Section 8.1(a) hereof.

Phase II Report. (as defined in the Acquisition Agreement) with respect to the issue of "Potentially Remediable On-Site Conditions" (as defined in the Acquisition Agreement), pursuant to the approval right provided to the Company in the Second Amendment to Stock Purchase Agreement, without Lender's prior written consent, which consent shall not unreasonably be withheld.

Phase II Report means that certain draft Phase II Environmental Site Assessment dated April 10, 2020, prepared by Pinnacle Engineering, Inc. as Pinnacle Project EM20202009.

Phase II Report has the meaning specified in Section 5.8 of this Agreement.

Phase II Report shall have the meaning set forth in SECTION 6.6.

Phase II Report means the final Phase II Environmental Assessment Report issued by the Environmental Consultant with respect to the USTs located in, under or at the Leased Property located at the Millcreek Property.