Phase I Environmental Site Assessments definition

Phase I Environmental Site Assessments means Phase I environmental reports of the Owned Real Property prepared by a certified environmental testing company.
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Phase I Environmental Site Assessments means (a) the “Southampton Phase I,” dated April, 2012, (b) the “Portsmouth/Chesapeake Phase I,” dated April, 2012, (c) the “Xxxxxxx Phase I,” dated Xxxxx 00, 0000, (x) the “Xxxxxxxxxxx Xxxxx 0,” dated April, 2012, (e) the “Ahoskie Phase I,” dated April, 2012, and (f) the “Amory Phase I,” dated March 14, 2012, prepared by the Environmental Consultants for the Borrower.
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Phase I Environmental Site Assessments as referred to in the ASTM Standards on Environmental Site Assessments for Commercial Real Estate, E 1527-13 (and, if necessary, “Phase II Environmental Site Assessments”), prepared by an independent environmental auditor approved by Lender and delivered to Lender in connection with the Loan and any amendments or supplements thereto delivered to Lender, and shall also include any other environmental reports or assessments delivered to Lender pursuant to this Agreement and the Environmental Indemnity. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the regulations promulgated thereunder. “ERISA Affiliate” means, at any time, each trade or business (whether or not incorporated) that would, at the time, be treated together with Borrower as a single employer under Title IV or Section 302 of ERISA or Section 412 of the Code. “Event of Default” has the meaning set forth in Section 7.1. “Excess Cash Flow Reserve Account” has the meaning set forth in Section 3.9(a). 9
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Examples of Phase I Environmental Site Assessments in a sentence

  • Required appraisals, market studies, pre-construction analyses, physical needs assessments, capital needs assessments and environmental studies (other than Phase I Environmental Site Assessments) shall be completed by professionals approved by the Credit Underwriter.

  • Phase I Environmental Site Assessments to be prepared in accordance with the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process (ASTM Designation E1527-94), a summary of which follows: This ASTM practice is generally considered the industry standard for conducting a Phase I Environmental Site Assessment (ESA).

  • In order to determine the environmental condition of a parcel of real estate, the applicant may be responsible for completing the ASTM E1528-14, Standard Practice for Limited Environmental Due Diligence: Transaction Screen Process; ASTM E1527-13, Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process; or ASTM E2247-08, Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessments for Forestland or Rural Property.

  • As part of the work, the consultant may be asked to conduct Phase I Environmental Site Assessments (ESA) and Phase II ESAs as well as preparation of cleanup plans.

  • BEA Activities include Phase I Environmental Site Assessments (ESAs), Phase II ESAs, and Baseline Environmental Assessments to provide an exemption for the developer and assigns from environmental liability for pre-existing contamination.

  • Additionally, the Department will beginning with the 2013 competitive tax credit cycle, post market studies, Phase I Environmental Site Assessments and property condition assessments on its website.

  • The Company may assign this Agreement (i) as part of the transfer of all or substantially all of its assets or stock (by way of sale, merger or otherwise) to another company; or (ii) to any affiliated or unaffiliated company or entity, and, upon such assignment, the burden and benefit hereof will be upon the assignee.

  • A future possibility is for STEP to concentrate on semantics and structuring of product information like data for the whole product lifecycle.

  • All Phase I Environmental Site Assessments are conducted in accordance with the most current ASTM Standard Practices or US EPA All Appropriate Inquiry rules.

  • Conduct Phase I Environmental Site Assessments (ESAs) and prepare reports presenting the findings, conclusions, and recommendations resulting from the assessments.


More Definitions of Phase I Environmental Site Assessments

Phase I Environmental Site Assessments means the Phase I Environmental Site Assessments performed by Cardno ATC on April 21, 2014 for West Lafayette Real Estate and the Mount Vxxxxx Real Estate.
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Phase I Environmental Site Assessments means the Phase I Environmental Site Assessments performed by Cardno ATC on April 21, 2014 for West Lafayette Real Estate and the Mount Vernon Real Estate.
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Phase I Environmental Site Assessments the Phase I Environmental Site Assessments for Xxxxxxx Xxxxxx Company Mill Nos. 2, 5, 6, 8, 9, 10, 11, 12, 15, 17, the Xxxxx Distribution Facility, the Hogansville Distribution Facility and the Xxxxxxx Operations Facility prepared by Strata Environmental in July and August 1996 and the Environmental Due Diligence Memoranda on The Xxxxxxx Xxxxxx Company prepared by Environmental Performance, Inc., dated August 23, 1996 and October 8, 1996.
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Phase I Environmental Site Assessments means (a) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Bxxx Rapids Project Collection Line dated May 4, 2010, (b) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Bxxx Rapids Project Substation dated June 13, 2010, (c) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Bxxxxx Butte Project dated June 15, 2010, (d) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Camp Rxxx Project dated June 14, 2010, (e) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Golden Valley Project dated June 15, 2010, (f) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Mxxxxx Dam Project dated June 15, 2010, (g) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Oregon Trail Project dated June 13, 2010, (h) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Pxxxx'x Ferry Project dated June 14, 2010, (i) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Pilgrim Stage Station Project dated June 13, 2010, (j) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Salmon Falls Project dated June 14, 2010, (k) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Thousand Springs Project dated June 14, 2010, (l) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Tuana Gulch Project dated June 14, 2010, (m) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Yahoo Creek Project dated June 14, 2010 and (n) the Bionomics Environmental, Inc., Phase I Environmental Site Assessment for the Operations and Maintenance Building dated June 16, 2010. 40
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Phase I Environmental Site Assessments means, individually and collectively, all Phase I environmental site assessments received by Buyers from third Persons in relation to the Business as of the date of this Agreement, including but not limited to the following Phase I environmental site assessments prepared by Terracon Consultants, Inc.: (a) Project No. 70147714 Phase I Environmental Site Assessment for the Xxxxxx-Xxxxxxx Funeral Home & Crematory dated February 17, 2014; (b) Project No. 70147715 Phase I Environmental Site Assessment for Xxxxxx Community Funeral Care dated February 11, 2014; (c) Project Xx. XX000000-0 Xxxxx X Environmental Site Assessment for the New Orleans Funeral Home Portfolio dated February 17, 2014; (d) Project Xx. XX000000-0 Xxxxx X Environmental Site Assessment for the Xxxxx-Xxxxxxxxxx-Xxxxx Funeral Home dated February 17, 2014; and (e) Project Xx. XX0000000-0 Xxxxx X Environmental Site Assessment for the Funeral Home Portfolio – Garden of Memories Cemetery dated February 21, 2014.
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Related to Phase I Environmental Site Assessments

  • Phase I Environmental Site Assessment is an assessment of the environmental condition of the Property performed in accordance with the American Society of Testing and Materials (ASTM) Standard E1527-05 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process,” or any successor to such ASTM Standard which is active at the time of the assessment.

  • 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.

  • Site Assessment means an environmental assessment report for the Mortgaged Property prepared at Borrower’s expense by a qualified environmental consultant engaged by Borrower, or by Lender on behalf of Borrower, and approved by Lender, and in a manner reasonably satisfactory to Lender, based upon an investigation relating to and making appropriate inquiries to evaluate the risks associated with Mold and any existence of Hazardous Materials on or about the Mortgaged Property, and the past or present discharge, disposal, release or escape of any such substances, all consistent with the most current version of the ASTM 1527 standard (or any successor standard published by ASTM) and good customary and commercial practice.

  • Phase I Environmental Assessment A “Phase I assessment” as described in, and meeting the criteria of, the ASTM, plus a radon and asbestos inspection.

  • Phase I Environmental Report means a report by an Independent Person who regularly conducts environmental site assessments in accordance with then current standards imposed by institutional commercial mortgage lenders and who has a reasonable amount of experience conducting such assessments.

  • Environmental Assessment means an assessment of the presence, storage or release of any hazardous or toxic substance, pollutant or contaminant with respect to the collateral securing a Shared-Loss Loan that has been fully or partially charged off.

  • Initial Environmental Examination or “IEE” means the initial environmental examination for the Project, including any update thereto, prepared and submitted by the Borrower and cleared by ADB;

  • Environmental Assessment Act means the Environmental Assessment Act, R.S.O. 1990, c.E.18.

  • Environmental Report The environmental audit report or reports with respect to each Mortgaged Property delivered to the related Mortgage Loan Seller in connection with the origination or acquisition of the related Mortgage Loan.

  • Environmental requirements means requirements imposed by applicable Federal, state, and local environmental laws and regulations, including, without limitation, statutes, ordinances, regulations, court orders, consent decrees, administrative orders, or compliance agreements including the Hanford Federal Facility Agreement and Consent Order, consent orders, permits, and licenses; and

  • Adverse Environmental Condition means (i) the existence or the continuation of the existence, of an Environmental Contamination (including, without limitation, a sudden or non-sudden accidental or non-accidental Environmental Contamination), of, or exposure to, any substance, chemical, material, pollutant, Hazardous Substance, odor or audible noise or other release or emission in, into or onto the environment (including without limitation, the air, ground, water or any surface) at, in, by, from or related to any Equipment, (ii) the environmental aspect of the transportation, storage, treatment or disposal of materials in connection with the operation of any Equipment, or (iii) the violation, or alleged violation, of any Environmental Law, permits or licenses of, by or from any governmental authority, agency or court relating to environmental matters connected with any of the Equipment.

  • Environmental Impact Assessment means a systematic examination conducted to determine whether or not a programme, activity or project will have any adverse impacts on the environment;

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Environmental Reports means each and every “Phase I Environmental Site Assessment” (and, if applicable, “Phase II Environment Site Assessment”) as referred to in the ASTM Standards on Environmental Site Assessments for Commercial Real Estate, E 1527-2000 and an asbestos survey, with respect to each Mortgaged Property, prepared by one or more Environmental Auditors and delivered to Lender and any amendments or supplements thereto delivered to Lender.

  • Environmental Hazard means any substance the presence, use, transport, abandonment or disposal of which (i) requires investigation, remediation, compensation, fine or penalty under any Applicable Law (including, without limitation, the Comprehensive Environmental Response Compensation and Liability Act, Superfund Amendment and Reauthorization Act, Resource Conservation Recovery Act, the Occupational Safety and Health Act and provisions with similar purposes in applicable foreign, state and local jurisdictions) or (ii) poses risks to human health, safety or the environment (including, without limitation, indoor, outdoor or orbital space environments) and is regulated under any Applicable Law.

  • Environmental Review means the Federal

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.

  • Environmental Clean-up Site means any location which is listed or proposed for listing on the National Priorities List, the Comprehensive Environmental Response, Compensation and Liability Information System, or on any similar state list of sites relating to investigation or cleanup, or which is the subject of any pending or threatened action, suit, proceeding, or investigation related to or arising from any location at which there has been a Release or threatened or suspected Release of a Hazardous Material.

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Environmental Audit means a Phase One environmental site assessment (the scope and performance of which meets or exceeds ASTM Standard Practice E1527-93 Standard Practice for Environmental Site Assessments: Phase One Environmental Site Assessment Process) of the Property, and, if called for by the Phase One assessment, a Phase Two environmental site assessment.

  • Environmental Harm means serious or material environmental harm or environmental nuisance as defined in the Environmental Protection Xxx 0000 (Qld);

  • Environmental Condition means any condition or circumstance, including the presence of Hazardous Substances which does or would (i) require assessment, investigation, abatement, correction, removal or remediation under any Environmental Law, (ii) give rise to any civil or criminal Liability under any Environmental Law, (iii) create or constitute a public or private nuisance or (iv) constitute a violation of or non-compliance with any Environmental Law.

  • Environmental Conditions means any conditions of the environment, including, without limitation, the work place, the ocean, natural resources (including flora or fauna), soil, surface water, ground water, any actual or potential drinking water supply sources, substrata or the ambient air, relating to or arising out of, or caused by the use, handling, storage, treatment, recycling, generation, transportation, Release or threatened Release or other management or mismanagement of Regulated Substances resulting from the use of, or operations on, the Property.

  • Environmental Complaint shall have the meaning set forth in Section 4.19(d) hereof.

  • Environmental Problem Property A Mortgaged Property or REO Property that is in violation of any environmental law, rule or regulation.