Phase I Environmental Report Clause Samples

Phase I Environmental Report. Parent shall have received a Phase I Environmental Report from an independent environmental consulting or engineering firm, and such report shall not have disclosed environmental concerns and liabilities which, in the reasonable estimation of such firm, are reasonably likely to exceed $100,000 to cure or remediate (and if such firm does not give an estimated amount, then in the reasonable estimation of Parent);

Phase I Environmental Report. Upon the occurrence of an Event of Default, the Lessee at Lessor’s request shall furnish to the Lessor a current Phase I environmental assessment report for the Leased Property (and such other reports that may be reasonably required or recommended under such report) dated, commenced and completed no earlier than forty-five (45) days from and after the date of occurrence of the Event of Default and in form and substance reasonably satisfactory to the Lessor, from an environmental consultant selected by the Lessee and approved by the Lessor as to the environmental conditions with respect to the Leased Property. The obligations of the Lessee under this Section 18.6 shall survive the termination of this Lease.

Phase I Environmental Report. Lender may at its option obtain, in each instance, at its expense, a new phase I environmental report with respect to the Property, and such reasonable additional environmental studies as may be recommended in such phase I reports.

Phase I Environmental Report. A report of a phase I environmental site assessment of the Property (“Phase I”) conducted by B▇▇▇▇ Intertec Corporation dated February 1, 2017, which discloses no existing or potential hazardous waste or environmental concerns with respect to the Property.

Phase I Environmental Report. Borrower shall provide to Lender a Phase I Environmental Assessment Report with respect to the Subdivision prepared by an environmental engineer acceptable to Lender, and in form and substance acceptable to Lender, in Lender's sole and absolute discretion.

Phase I Environmental Report. The conclusions contained in any Phase I Environmental Report obtained by Sub (at its expense) prior to Closing relating to the real property owned by Company shall be satisfactory to Parent.

Phase I Environmental Report. The City may require Developer to provide the City with a Phase I Environmental Report for the Property. If required by the City, Developer shall also provide the City with a Phase II and/or Phase III Environmental Report for the Property. Such environmental reports shall be prepared by a certified environmental engineer and the costs of City review of such reports shall be paid by Developer. In the event the Phase I Environmental Report reflect encumbrances or conditions, which would make the public dedications unacceptable, the City shall notify the Developer, who shall cure or otherwise remove or subordinate said encumbrances to the satisfaction of the City prior to the recordation of the Subdivision Plat.

Phase I Environmental Report. Purchaser shall have obtained a Phase I Environmental Report on the Real Property and operations of Sellers satisfactory in form and substance to Purchaser in its sole discretion.

Phase I Environmental Report. S & S shall have the right, but not the obligation, to conduct a Phase I environmental study report (the “Phase I”) of the Northern Line prior to the Closing. If S & S elects to obtain the Phase I, it shall obtain the Phase I at its sole cost and expense and shall immediately provide Sellers a copy of the Phase I upon receiving the Phase I. The Parties shall mutually select the party that will provide the Phase I. S & S shall have thirty (30) days from the date S & S executes this Agreement to accept or reject the results of the Phase I, and if S & S does not terminate this Agreement within thirty (30) days from executing this Agreement, the Phase I and/or any Condition to Closing related to the Phase I shall be deemed satisfied.