Common use of Hazardous Substance Assessments Clause in Contracts

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 6 contracts

Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Tier Reit Inc), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)

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Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 6 contracts

Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.), Credit Agreement (Wheeler Real Estate Investment Trust, Inc.), Credit Agreement (Bluerock Residential Growth REIT, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days three months prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 3 contracts

Samples: Master Credit Agreement (JDN Realty Corp), Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on the Land relating to such Real Estate Vertical Commercial Improvements or such other property dated or updated not more than ninety (90) days three months prior to the inclusion of such Real Estate property in the Collateral, from the an Environmental Engineer, such report to contain no qualifications qualification except those that are acceptable to the Majority Lenders Agent in their reasonable its sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretionAgent.

Appears in 2 contracts

Samples: Master Credit Agreement (Howard Hughes Corp), Master Credit Agreement (Howard Hughes Corp)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateralcalculation of Pool Availability, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateralcalculation of Pool Availability, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 2 contracts

Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety one hundred twenty (90120) days prior to the inclusion of such Real Estate and/or Equity Interests in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole reasonable discretion.

Appears in 2 contracts

Samples: Credit Agreement (Condor Hospitality Trust, Inc.), Credit Agreement (Condor Hospitality Trust, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety one hundred eighty (90180) days prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 2 contracts

Samples: Joinder Agreement (QTS Realty Trust, Inc.), Joinder Agreement (Dupont Fabros Technology, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days three months prior to the inclusion of such Real Estate in the CollateralCollateral unless otherwise approved by the Agent, from the an Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders Banks in their reasonable sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretionMajority Banks.

Appears in 2 contracts

Samples: Loan Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Administrative Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Administrative Agent) concerning Hazardous Substances and asbestos on such Real Estate Property dated or updated not more than ninety sixty (9060) days prior to the inclusion of such Real Estate in the CollateralClosing Date, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders Administrative Agent in their its reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Administrative Agent in its sole reasonable discretion.

Appears in 2 contracts

Samples: Credit Agreement (MVP REIT, Inc.), Credit Agreement (MVP REIT II, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety one hundred twenty (90120) days prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole reasonable discretion.

Appears in 1 contract

Samples: Credit Agreement (Condor Hospitality Trust, Inc.)

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Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days three months prior to the inclusion of such Real Estate in the Collateralcollateral for the Mortgage Loan unless otherwise approved by the Agent, from the an Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders Banks in their reasonable sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretionMajority Banks.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Wellsford Real Properties Inc)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days three months prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders in their reasonable sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 1 contract

Samples: Revolving Credit Agreement (American Real Estate Investment Corp)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateral, from the an Environmental Engineer, such report to contain no qualifications except those that are reasonably acceptable to the Majority Agent and the Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 1 contract

Samples: Credit Agreement (Monogram Residential Trust, Inc.)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days three months prior to the inclusion of such Real Estate in the Potential Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 1 contract

Samples: Loan Agreement (Entertainment Properties Trust)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety sixty (9060) days prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Required Lenders in their reasonable discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Republic Property Trust)

Hazardous Substance Assessments. A hazardous waste site assessment report addressed to the Agent (or the subject of a reliance letter addressed to, and in a form reasonably satisfactory to, the Agent) concerning Hazardous Substances and asbestos on such Real Estate dated or updated not more than ninety (90) days prior to the inclusion of such Real Estate in the Collateral, from the Environmental Engineer, such report to contain no qualifications except those that are acceptable to the Majority Lenders Agent in their reasonable its sole discretion and to otherwise be in form and substance reasonably satisfactory to the Agent in its sole discretion.

Appears in 1 contract

Samples: Term Loan Agreement (Moody National REIT II, Inc.)

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