As part of the Phase I Environmental Site Assessment due diligence process, our personnel conduct visual field inspections of all your facilities to determine if known or reasonably ascertainable contamination of surface soils, subsurface soils, and/or groundwater with hydrocarbons or other toxic materials related to the assets existed
Process to confirm quality, status, usability, etc. of tangible assets being acquired
Post-signing/pre-closing (but may also be pre-signing)
Physical inspection of tangible assets
Very important due to typical waiver/disclaimer in agreement