Common use of Environmental and Engineering Clause in Contracts

Environmental and Engineering. A “Phase 1” (and, if requested by ▇▇▇▇▇, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to Buyer, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇.

Appears in 8 contracts

Sources: Master Repurchase Agreement (BrightSpire Capital, Inc.), Master Repurchase Agreement (Lument Finance Trust, Inc.), Master Repurchase Agreement (Claros Mortgage Trust, Inc.)

Environmental and Engineering. A “Phase 1” (and, if requested recommended by ▇▇▇▇▇such “Phase 1”, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to BuyerPurchaser, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇Purchaser.

Appears in 7 contracts

Sources: Master Repurchase Agreement (Franklin BSP Real Estate Debt, Inc.), Master Repurchase Agreement (Blackstone Private Real Estate Credit & Income Fund), Master Repurchase Agreement (Franklin BSP Real Estate Debt BDC)

Environmental and Engineering. A “Phase 1” (and, if requested by ▇▇▇▇▇applicable, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to Buyer, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇Buyer.

Appears in 4 contracts

Sources: Master Repurchase Agreement (Terra Property Trust, Inc.), Master Repurchase Agreement (Terra Secured Income Fund 5, LLC), Uncommitted Master Repurchase and Securities Contract Agreement (FS Credit Real Estate Income Trust, Inc.)

Environmental and Engineering. A “Phase 1” (and, if requested by ▇▇▇▇▇applicable, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to BuyerAdministrative Agent, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇Administrative Agent.

Appears in 2 contracts

Sources: Master Repurchase and Securities Contract Agreement (Starwood Credit Real Estate Income Trust), Master Repurchase and Securities Contract Agreement (Starwood Credit Real Estate Income Trust)

Environmental and Engineering. A “Phase 1” (and, if requested by ▇▇▇▇▇applicable, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to BuyerAdministrative Agent, on behalf of Buyers, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇Administrative Agent.

Appears in 2 contracts

Sources: Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.), Master Repurchase and Securities Contract Agreement (Claros Mortgage Trust, Inc.)

Environmental and Engineering. A “Phase 1” (and, if requested by ▇▇▇▇▇applicable, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to Buyer, by an engineer or environmental consultant reasonably approved by ▇B▇▇▇▇.

Appears in 2 contracts

Sources: Master Repurchase and Securities Contract Agreement (FS Credit Real Estate Income Trust, Inc.), Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)

Environmental and Engineering. A “Phase 1” (and, if requested recommended by ▇▇▇▇▇such “Phase 1”, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to BuyerPurchaser, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇the applicable Purchaser.

Appears in 1 contract

Sources: Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)

Environmental and Engineering. A “Phase 1” (and, if requested by ▇B▇▇▇▇, “Phase 2”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to Buyer, by an engineer or environmental consultant reasonably approved by ▇B▇▇▇▇.

Appears in 1 contract

Sources: Master Repurchase Agreement (FS Credit Real Estate Income Trust, Inc.)

Environmental and Engineering. A “Phase 1” (and, if requested recommended by ▇▇▇▇▇such Phase 1, a “Phase 2”) environmental report, an asbestos surveyACM O&M plan, if applicablerecommended by the Phase 1, engineer and an engineering a property condition report, each in form reasonably satisfactory to BuyerPurchaser, by an engineer or environmental consultant reasonably approved by ▇▇▇▇▇Purchaser.

Appears in 1 contract

Sources: Master Repurchase Agreement (Colony NorthStar Credit Real Estate, Inc.)