Common use of Conservation Easements Permitted Clause in Contracts

Conservation Easements Permitted. Nothing in this Agreement shall prevent Grassland Owner from encumbering the Property with a subsequent conservation easement pursuant to California Civil Code Sections 815 et seq. or other similar statutory scheme, provided that any changes to ownership of the GHG reductions related to the Grassland Project are in accordance with Section 7 of this Agreement.

Appears in 3 contracts

Samples: Project Implementation Agreement, Project Implementation Agreement, Project Implementation Agreement

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Conservation Easements Permitted. Nothing in this Agreement shall prevent Grassland Owner from encumbering the Property with a subsequent conservation easement pursuant to California Civil Code Sections 815 et seq. or other similar statutory scheme, scheme provided that any changes to ownership of the GHG reductions related obligations owing to the Grassland Project are in accordance with Section 7 of Reserve under this AgreementAgreement and the Access Easement shall remain senior to any subsequent conservation easement.

Appears in 1 contract

Samples: Covenant and Project Implementation Agreement

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