Common use of Testing and Reports Clause in Contracts

Testing and Reports. Tenant shall provide to MAC, within ten (10) days of receipt, a copy of any notice regarding a violation of the Environmental Laws arising out of Tenant’s past or present operations on the Leased Property and Airport, a copy of any report, whether in final or draft form, regarding compliance with Environmental Laws or with the presence, use, emission or release of any Environmentally Regulated Substances arising out of Tenant’s past or present operations on the Leased Property and Airport, or a copy of any notice of the emission or release of Environmentally Regulated Substances in violation of the Environmental Laws arising out of Tenant’s past or present operations on the Leased Property and Airport. If MAC has a reasonable basis to believe that Tenant is not meeting the obligations of Section 20.3 [Compliance with Environmental Laws] hereof, MAC may require Tenant to perform reasonable environmental studies or assessments (for example, but not limited to, Phase I or Phase II reports as such terms are generally known on the date of execution of this Lease) on the Leased Property with the written results being delivered to MAC within ten (10) days of their receipt, whether in draft or final form.

Appears in 2 contracts

Sources: Commercial Lease, Lease Agreement