Phase I Environmental Site Assessment definition

Phase I Environmental Site Assessment means a Phase I environmental property assessment of the Assets that satisfies the basic assessment requirements set forth under the current ASTM International Standard Practice for Environmental Site Assessments (Designation E1527-13) or any other visual site assessment or review of records, reports or documents.
Phase I Environmental Site Assessment means an investigation of the existing and past uses of a site for the purpose of identifying all potential areas of concern at a site at which substances may have been Released to the environment.
Phase I Environmental Site Assessment or “Phase I” means an investigation performed in accordance with ASTM International’s Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process (E 1527), as amended.

Examples of Phase I Environmental Site Assessment in a sentence

  • A Phase I environmental site assessment (or update of a previous Phase I and or Phase II environmental site assessment) and, with respect to certain Mortgage Loans, a Phase II environmental site assessment (collectively, an “ESA”) meeting ASTM requirements conducted by a reputable environmental consultant in connection with such Mortgage Loan within 12 months prior to its origination date (or an update of a previous Exh.


More Definitions of Phase I Environmental Site Assessment

Phase I Environmental Site Assessment means an assessment of a site to identify potential or known areas of envi- ronmental contamination. This assessment may include review- ing records, interviewing persons, and conducting physical inspections of the site.
Phase I Environmental Site Assessment is defined in Section 4.2.
Phase I Environmental Site Assessment has the meaning set forth in Section 5.05.
Phase I Environmental Site Assessment means a Phase I environmental property assessment of the Assets that satisfies the basic assessment requirements set forth under the current ASTM International Standard Practice for Environmental Site Assessments (Designation E1527-13). For the avoidance of doubt, a Phase I Environmental Site Assessment does not include soil or groundwater sampling or subsurface or other invasive testing of any kind.
Phase I Environmental Site Assessment means an environmental site assessment as defined in ASTM standard E-1527-05.
Phase I Environmental Site Assessment. (Phase I ESA) means an AAI compliant Phase I ESA conducted by an Environmental Professional in accordance with the most recently adopted standard for a Phase I ESA established by ASTM International, currently ASTM E1527-21. (See also 40 CFR § 312.20.)
Phase I Environmental Site Assessment means a Phase I environmental site assessment as that term is used in the American Society for Testing and Materials standard;