Environmental Audit definition
Environmental Audit means, with respect to each Property, a Phase One environmental site assessment (the scope and performance of which meets or exceeds the then most current ASTM Standard Practice E1527 for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of such Property.
Environmental Audit. As defined in Subsection 8.3(b).
Environmental Audit has the meaning specified in Section 6.13(c).
Examples of Environmental Audit in a sentence
An Environmental Audit may include, where reasonably appropriate, soil, air, surface water and groundwater sampling and testing.
The Environmental Audit will, as relevant, indicate the presence or absence of any such violation, and/or the presence, absence, Release or threat of Release of Hazardous Materials and shall include the estimated cost of any compliance, removal, remedial or other action required to correct any such Event of Default, or violation, and/or to address any such Environmental Liability and/or Environmental Claim.
The Environmental Audit shall be prepared by an environmental consulting firm reasonably acceptable to the Administrative Agent.
More Definitions of Environmental Audit
Environmental Audit means the systematic, documented, periodic and objective evaluation of how well environmental organisation, management and equipment are performing in conserving or preserving the environment;
Environmental Audit means, with respect to each parcel of Land, a Phase I Environmental Assessment, which meets or exceeds ASTM Standard E1527-97 and is dated no more than 60 days prior to the related Closing Date, by an environmental services firm satisfactory to the Funding Parties.
Environmental Audit means any environmental audit, review or testing of the Property performed by Buyer or any third party or consultant engaged by Buyer to conduct such study.
Environmental Audit means a voluntary evaluation of a facility or operation, of an activity at a facility or operation, or of an environmental management system at a facility or operation when the facility, operation, or activity is regulated under state or federal environmental laws, rules, or permit conditions, conducted by an owner or operator, an employee of the owner or operator, or an independent contractor retained by the owner or operator that is designed to identify historical or current noncompliance with environmental laws, rules, ordinances, or permit conditions, discover environmental contamination or hazards, remedy noncompliance or improve compliance with environmental laws, or improve an environmental management system. Once notification is given to the department, an environmental audit shall be completed within a reasonable time not to exceed six months unless an extension is approved by the department based on reasonable grounds.
Environmental Audit means an audit of the Tenant’s activities on the Premises to be commissioned by the Landlord from time to time but not more than once per year;
Environmental Audit means the systematic, documented, periodic and objective evaluation of how well environmental organisation, management and equipment are performing in conserving the environment and its resources;
Environmental Audit means an environmental audit, review or testing of the Property performed by Buyer or any third party or consultant engaged by Buyer to conduct such study.