Common use of Environmental and Engineering Clause in Contracts

Environmental and Engineering. Buyer shall have received a “Phase I” (and, if recommended by the Phase I, a “Phase II”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to Buyer, by an engineer and an environmental consultant, approved by Buyer in its reasonable discretion.

Environmental and Engineering. To the extent in Seller’s possession, Buyer shall have received a “Phase I” (and, and if recommended by the Phase I, a Phase “Phase II”) environmental report, an asbestos survey, if applicable, and an engineering report, each in form reasonably satisfactory to Buyer, by an engineer and an environmental consultant, approved by Buyer in its reasonable discretion.