Phase I ESA
Phase I Environmental Site Assessment is a non-invasive environmental diligence review for recognized environmental conditions. It is a standard transaction step and can determine whether deeper Phase II testing is needed before closing or development.
Read definition →MSA
Master Services Agreement is the umbrella contract governing the relationship between provider and customer. Specific orders, service schedules, SLAs, data center rules, and pricing exhibits often sit under the MSA.
Read definition →Phase II ESA
Phase II Environmental Site Assessment uses sampling or testing to investigate potential contamination identified in Phase I or other diligence. It can affect purchase terms, remediation obligations, lender comfort, and development schedule.
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