Conservation Purposes. This Conservation Easement is intended to protect the water quality of the New York City watersheds, and to protect agricultural and forestry lands by limiting the form, location, and density of development and promoting good stewardship by the implementation of Whole Farm Plans.
Conservation Purposes. Grantee agrees that it will hold this scenic, open space and historic preservation easement “exclusively for conservation purposes” as that term is defined in the Internal Revenue Code of 1986 and the implementing Treasury regulations as they may be amended from time to time. As a minimum, these provisions require that Grantee not transfer this scenic, open space and historic preservation easement for monetary consideration, other property or services and that Grantee undertake to assure that the historic preservation purposes intended to be accomplished in this scenic open space and historic preservation easement are in fact accomplished. These covenants shall be administered solely by Grantee, its successors in interest or assigns; and in all subsequent conveyances of the Premises, Grantee its successors in interest or assigns, shall be the sole party entitled to administer these covenants. Notwithstanding the foregoing, Grantee may assign or transfer its interests in this scenic, open space and historic preservation easement, or its responsibility for monitoring and inspecting the premises for compliance with the terms hereof, to any entity of local, state or federal government, or to any publicly supported charity, whose purposes include, inter alia, the preservation of historically important land areas and historic structures and who possess the resources to enforce the terms of this scenic, open space and historic preservation easement.
Conservation Purposes. IRS Reg. Sec. 1.170A-14(d)(1) ! Preservation of land areas for outdoor recreation by, or the education of the general public. " Protection of a relatively natural habitat of fish, wildlife or plants, or similar ecosystem. # Preservation of certain open space (including farm and forestland). $ Preservation of historically important land area or certified historic structure.
Conservation Purposes. It is the purpose of this Easement that the Property be held, used, managed and maintained forever predominantly in its open and natural condition, for public outdoor recreation and education and to prevent any use of the Property that will significantly impair or interfere with the Conservation Values (collectively the “Conservation Purposes”). In achieving the herein described Conservation Purposes Holder confirms that it is the intent of this Easement to permit the continuation of such uses of the Property as may be conducted consistent with the perpetual protection of the Conservation Values protected herein.
Conservation Purposes. MHT agrees that it will hold this Easement exclusively for conservation purposes i.e., that it will not transfer this Easement whether or not for consideration. However, subject to the provisions of any applicable federal law, MHT may assign or transfer its interest in this Easement to a governmental unit or organization which qualifies at the time of the transfer as an eligible donee of this Easement under any pertinent provisions of federal law.
Conservation Purposes. Notwithstanding the limitations on subdivision set forth in section 9.1, Landowner may sell or convey to the State of New York or to a qualified conservation organization (as defined in ECL Article 49, title 3), a portion of the Property in fee, or sell, convey, or grant to the State of New York or a qualified conservation organization any other rights in all or a portion of the Property, including additional conservation easement interests and recreational rights.
