Common use of Environmental Audit Clause in Contracts

Environmental Audit. The Borrower shall assess the Property and shall have concluded from the results of such assessment that there is no environmental condition on or affecting the Property that would constitute a violation of any environmental law, statute, regulation, or ordinance.

Appears in 27 contracts

Sources: Construction/Permanent Second Deed of Trust Loan Agreement, Home Construction/Permanent Loan Agreement, Construction/Permanent Second Deed of Trust Loan Agreement

Environmental Audit. The Borrower shall assess the Property and shall have concluded from the results of such assessment that there is no known environmental condition on or affecting the Property that would constitute a violation of any environmental law, statute, regulation, or ordinance.

Appears in 11 contracts

Sources: Forgivable Loan Agreement, Forgivable Loan Agreement, Forgivable Loan Agreement