Environment Assessments Sample Clauses

Environment Assessments. During the Option Period, Probex, its agents and contractors, shall have the right to enter upon the Property for the purpose of conducting inspections and investigations, preparing surveys and site plans, and performing an environmental assessment of the Property. The environmental assessment may include, but shall not be limited to subsurface soil and water tests, as well as the testing of any underground storage tanks and related equipment upon the Property. Probex shall assume all risks involved in entering upon the Property for the performance of such activities and shall indemnify and hold the Authority harmless from and against all loss or expense by reason of all liability due to bodily injury, death of persons, damage to property sustained by any party or any damage to the Property arising out of or caused by such entry by Probex, its agents or contractors or the negligence of Probex or its agents or contractors in the exercise of any of Probex's rights under this section. Probex, its agents and contractors, shall also have the right to make inquiries into or contact with, governmental agencies concerning potentially hazardous substances on the Property without any liability on the part of Probex, its agents or contractors, to the Authority as a result thereof. 3 Section 2.02.
Sample 1
AutoNDA by SimpleDocs
Environment Assessments. The parties acknowledge that Cavalier has obtained an updated Phase I environmental assessment of the Property and an assessment of the environmental compliance of Wheel House's operations. Wheel House and the Shareholders, at the Shareholders' expense, agree to take or cause to be taken any further environmental assessments requested by Cavalier and to perform all remedial and other action (including the application for a storm water permit and any other environmental permit) requested by Cavalier with respect to such environmental assessments.
Sample 1

Related to Environment Assessments

  • Environmental Assessments Foreclose on or take a deed or title to any commercial real estate without first conducting a Phase I environmental assessment of the property or foreclose on any commercial real estate if such environmental assessment indicates the presence of a Hazardous Substance in amounts which, if such foreclosure were to occur, would be material.

  • Environmental Assessment In connection with its surrender of the Premises, Tenant shall submit to Landlord, at least fifteen (15) days prior to the expiration date of this Lease (or in the event of an earlier termination of this Lease, as soon as reasonably possible following such termination), an environmental Assessment of the Premises by a competent and experienced environmental engineer or engineering firm reasonably satisfactory to Landlord (pursuant to a contract approved by Landlord and providing that Landlord can rely on the Environmental Assessment). If such Environmental Assessment reveals that remediation or Clean-up is required under any Environmental Laws that Tenant is responsible for under this Lease, Tenant shall submit a remediation plan prepared by a recognized environmental consultant and shall be responsible for all costs of remediation and Clean-up, as more particularly provided in Section 5.3, above.

  • Joint Assessment If the Premises are not separately assessed, Lessee's liability shall be an equitable proportion of the Real Property Taxes for all of the land and improvements included within the tax parcel assessed, such proportion to be conclusively determined by Lessor from the respective valuations assigned in the assessor's work sheets or such other information as may be reasonably available.

  • Needs Assessment The determination of whether the Annual Income of a family or individual occupying or seeking to occupy a Qualifying Unit complies with the requirements for Extremely Low-Income Households or Low- to Moderate-Income Households shall be made by the applicable housing authority in the CDBG-DR Program area prior to admission of such family or individual to occupancy of a Qualifying Unit.

  • Risk Assessments a. Risk Assessment - Transfer Agent shall, at least annually, perform risk assessments that are designed to identify material threats (both internal and external) against Fund Data, the likelihood of those threats occurring and the impact of those threats upon the Transfer Agent organization to evaluate and analyze the appropriate level of information security safeguards (“Risk Assessments”).

  • No Joint Assessment Borrower shall not suffer, permit or initiate the joint assessment of any Individual Property with (a) any other real property constituting a tax lot separate from such Individual Property, or (b) any portion of such Individual Property which may be deemed to constitute personal property, or any other procedure whereby the Lien of any taxes which may be levied against such personal property shall be assessed or levied or charged to such Individual Property.

  • Environmental Audits There are no environmental audits, evaluations, assessments, studies or tests relating to the Corporation except for ongoing assessments conducted by or on behalf of the Corporation in the ordinary course.

  • Environmental Audits and Reports As soon as practicable following receipt thereof, copies of all material environmental audits, investigations, analyses and reports of any kind or character, whether prepared by personnel of Company or any of its Subsidiaries or by independent consultants, Government Authorities or any other Persons, with respect to significant environmental matters at any Facility that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect or with respect to any Environmental Claims that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect;

  • Loss Assessment We will pay up to $1000 for your share of loss assessment charged during the policy period against you by a corporation or as- sociation of property owners, when the assess- ment is made as a result of:

  • Environmental and Safety Matters Except as would not have a Material Adverse Effect:

Time is Money Join Law Insider Premium to draft better contracts faster.