Phase II testing definition
Examples of Phase II testing in a sentence
Should Buyer desire its own Phase I, Phase II testing or remediation not recommended by a City Phase I or Phase II report, all such investigation, testing and reports shall be at Buyer's sole expense and responsibility.
City’s combined cost for Phase II testing and remediation, if any, cannot exceed the Purchase Price (less sale expenses, outstanding special assessments and other City costs) without City specifically identifying a funding source for environmental activities.
Any such investigation and examination shall be conducted at reasonable times during normal business hours upon reasonable advance notice and under reasonable circumstances so as to limit disruption to or impairment of the Company’s business; provided, however, such investigation and examination shall not include the right to conduct any sampling or testing, including any so-called Phase II testing, of the properties.
While no Phase II testing was required in connection with loan origination, the Firestone lease obligates the tenant to maintain the demised premises in compliance with all laws and ordinances relating to tenant’s use.
All costs and expenses associated with the Phase II testing and report shall be divided equally between the Purchaser and the Seller.
If the cost for Phase II testing or any required remediation renders a project economically infeasible, this Agreement may be canceled at the option of either party and the ▇▇▇▇▇▇▇ Money and Renewal Fee shall be returned by City.
If Purchaser provides such written notice to Seller, Purchaser may order any applicable Phase II testing.
Non-validated assays for use in early stage (up to early Phase II) testing will also require a transfer of technology with direct comparison of samples between laboratories.
Phase II testing usually involves sampling of soil, groundwater, and air, and laboratory analysis to determine whether there is contamination and, if so, its nature and extent.
Rolapitant, which is Phase III ready, demonstrated promising efficacy in Phase II testing for prevention of nausea and vomiting in patients undergoing highly emetogenic chemotherapy.