Environmental Site Assessment definition
Environmental Site Assessment means a Phase I environmental report meeting the requirements of the American Society for Testing and Materials, and, if in accordance with customary industry standards a reasonable lender would require it, a Phase II environmental report, each prepared by a licensed third party professional experienced in environmental matters.
Environmental Site Assessment means an investigation in relation to land to determine the environmental condition of the land, and includes a phase one environmental site assessment or phase two environmental site assessment, both within the meaning of Part XV.1 of the Environmental Protection Act; (“évaluation environnementale de site”)
Environmental Site Assessment. Means, in respect of any Mortgaged Property, a “Phase I assessment” or “Phase II assessment” conducted in accordance with ASTM Standard E 1527-97 or any successor thereto published by the American Society for Testing and Materials Standard.
Examples of Environmental Site Assessment in a sentence
Inspection(s) of the environmental conditions of the Property, such as a Phase I Environmental Site Assessment, which may include, but is not limited to an evaluation of: soil conditions, water quality, and the health of vegetative matter on the Property.
More Definitions of Environmental Site Assessment
Environmental Site Assessment shall have the meaning specified in Exhibit VI.
Environmental Site Assessment means an investigation in relation to land to determine the environmental condition of property, and includes a phase one environmental site assessment and a phase two environmental site assessment;
Environmental Site Assessment means an Environmental Site Assessment as prescribed by the Canadian Standards Association (CSA) Standard Z768 entitled: Environmental Site Assessment, describing a systematic process by which an assessor determines whether a particular property is or may be subject to actual or potential contamination, but does not refer to an Environmental Assessment, as may be required pursuant to the Impact Assessment Act or the Yukon Environmental Socio-Economic Assessment Act.
Environmental Site Assessment shall have the meaning specified in paragraph 30 of the sections of Exhibit VI dealing with Eligible Loans.
Environmental Site Assessment means a Phase I environmental site assessment or a comprehensive site assessment;
Environmental Site Assessment means, with respect to an Individual Property, an assessment by an environmental consultant approved by Lender to determine the presence of hazardous material and/or wastes. Any Environmental Site Assessment shall comply with the Environmental Site Assessment Scope of Work Guidelines previously delivered by Lender to Borrowers, as the same may be amended, modified or supplemented by Lender from time to time.
Environmental Site Assessment means a “Phase 1 Site Assessment” in respect of the Mortgaged Property, performed by an Environmental Auditor in accordance with ASTM Standard 1527-97 as modified by additional requirements of the Agent, if any, and any “Phase 2” environmental site assessment required by the Agent to be undertaken by the Borrower.