Common use of TANK TESTING Clause in Contracts

TANK TESTING. As a supplemental to Section 7.2 of the Agreement of Purchase and Sale, Purchaser acknowledges that Seller has installed at certain Properties Veeder Root systems or other equivalent systems to monitor the und▇▇▇▇▇▇nd tanks and lines at such Properties and that Seller desires to deliver to Purchaser the results of such monitoring systems in lieu of the tank testing described in Section 7.2 of the Agreement of Purchase and Sale. Purchaser and Seller agree to discuss in good faith whether the monitoring systems described above are sufficient for determining the tightness of the tanks and lines and whether the tightness tests described in such Section 7.2 are necessary.

TANK TESTING. As a supplemental to Section 7.2 of the Agreement of Purchase and Sale, Purchaser acknowledges that Seller has installed at certain Properties Veeder ▇▇▇▇▇▇ Root systems or other equivalent systems to monitor the und▇▇▇▇▇▇nd underground tanks and lines at such Properties and that Seller desires to deliver to Purchaser the results of such monitoring systems in lieu of the tank testing described in Section 7.2 of the Agreement of Purchase and Sale. Purchaser and Seller agree to discuss in good faith whether the monitoring systems described above are sufficient for determining the tightness of the tanks and lines and whether the tightness tests described in such Section 7.2 are necessary.