Phase I Report Sample Clauses

Phase I Report. Within thirty (30) days prior to the expiration or sooner termination of the Term, Tenant, at its expense, shall cause a so-called "Phase I" environmental inspection to be performed and a report in respect thereof to be prepared and delivered to both Landlord and Tenant to determine whether any Cleanup Activity is required, Landlord and Tenant agreeing that the responsibility for the Cleanup Activity shall be determined by the preceding provisions of this Section.
AutoNDA by SimpleDocs
Phase I Report. The Administrative Agent shall have received a phase-I environmental report with respect to each parcel composing the owned Real Property located in New Jersey (the environmental consultants retained for such reports, the scope of the reports, and the results thereof of which shall be reasonably satisfactory to Administrative Agent).
Phase I Report. 45 SECTION 5.04.
Phase I Report. For the thirty-day period beginning on the date hereof, Seller shall cooperate with Buyer so that Buyer can promptly obtain (at Buyer's expense) a Phase I Environmental Site Assessment Report prepared consistent with ASTM Standard 1527-00 concerning the Leased Premises from an environmental engineering firm acceptable to Buyer that shall confirm, in a manner reasonably satisfactory to Buyer, the non-existence of any Hazardous Materials on or about the Leased Premises or any violation of Environmental Laws. Any audit report beyond a Phase I Report shall be conducted by Buyer only with the prior written consent of Seller.
Phase I Report. A copy of the final Phase I Report together with a reliance letter from the issuer of the Phase I Report, in form and substance satisfactory to the Collateral Agent, authorizing the Administrative Agent, the Collateral Agent and the Lenders to rely on such Phase I Report to the same extent as if it had been addressed directly to and prepared on behalf of such parties.
Phase I Report. 63 Policies ................................................................................................. 8 Policy ................................................................................................... 8 Premises ................................................................................................. 1
AutoNDA by SimpleDocs
Phase I Report. Prior to the commencement of any proceeding to foreclose the lien of this Mortgage, Mortgagee shall obtain, at Mortgagor's expense, a new Phase I environmental report with respect to the Mortgaged Property, and such additional environmental studies as may be recommended by such Phase I report.
Phase I Report. Cooperate fully with the consultant retained by the Agent to provide it with a Phase I environmental report with respect to the Texas PP&E (the cost of which shall be borne by the Borrower).
Time is Money Join Law Insider Premium to draft better contracts faster.