Common use of Environment Report Clause in Contracts

Environment Report. If requested by Lender, Borrower shall have furnished to Lender, at Borrower's expense, an environmental report and certificate on the Property in form and substance satisfactory to Lender, prepared by an engineer or other expert satisfactory to Lender stating that the Property complies with all applicable provisions and requirements of the "Hazardous Substances" paragraph set forth below.

Appears in 2 contracts

Sources: Investment Agreement (Euroweb International Corp), Construction Loan Agreement (Trex Co Inc)