Common use of Assignee Deemed a Forest Owner After Transfer Clause in Contracts

Assignee Deemed a Forest Owner After Transfer. Once a Property Interest has been Transferred, the Assignee shall be deemed to be a "Forest Owner" under this Agreement, be subject to the Forest Owner Obligation and require any future party holding, owning or acquiring a Property Interest to assume the Forest Owner Obligation in accordance with this Section 7.

Appears in 2 contracts

Samples: Restrictive Covenant and Project Implementation Agreement, Project Implementation Agreement

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Assignee Deemed a Forest Owner After Transfer. Once a Property Interest has been Transferred, the Assignee shall be deemed to be a "Forest Owner" under this Agreement, be subject to the Forest Owner Obligation and require any future party holding, owning or acquiring a Property Interest to assume the Forest Owner Obligation in accordance with this Section 76.

Appears in 1 contract

Samples: Project Implementation Agreement

Assignee Deemed a Forest Owner After Transfer. Once a Property Interest has been Transferred, the Assignee shall be deemed to be a "Forest Owner" under this Agreement, be subject to the Forest Owner Obligation Agreement and require any future party holding, owning or acquiring a Property Interest to assume the Forest Owner Obligation this Agreement in accordance with this Section 7.

Appears in 1 contract

Samples: Covenant and Project Implementation Agreement

Assignee Deemed a Forest Owner After Transfer. Once a Property Interest has been Transferred, the Assignee shall be deemed to be a "Forest Owner" under this Agreement, be subject to the Forest Owner Obligation and require any future party holding, owning or acquiring a Property Interest to assume the Forest Owner Obligation in accordance with this Section 76.7.

Appears in 1 contract

Samples: Project Implementation Agreement

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Assignee Deemed a Forest Owner After Transfer. Once a Property Interest has been Transferred, the Assignee shall be deemed to be a "Forest Owner" under this Agreement, be subject to the Forest Owner Obligation Agreement and require any future party holding, owning or acquiring a Property Interest to assume the Forest Owner Obligation this Agreement in accordance with this Section 7.7.β€Œ

Appears in 1 contract

Samples: Covenant and Project Implementation Agreement

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