Common use of Conservation Reserve Program Clause in Contracts

Conservation Reserve Program. Buyer acknowledges that certain parts of the subject property are subject to a Conservation Reserve Program Contract “CRP Contract”. Buyer acknowledges and agrees that Buyer has been provided with a copy of the CRP Contract. Buyer agrees to accept title subject to the CRP Contract. If Buyer shall cause the early termination of the CRP Contract, buyer shall reimburse Seller for any penalties or fines imposed on Seller for such early termination. Buyer’s obligation shall survive the Closing of the transaction contemplated in this Contract and will not merge with the provision of any closing documents.

Conservation Reserve Program. Buyer acknowledges that certain parts of the subject property are subject to a Conservation Reserve Program Contract “CRP Contract”. Buyer Xxxxx acknowledges and agrees that Buyer Xxxxx has been provided with a copy of the CRP Contract. Buyer Xxxxx agrees to accept title subject to the CRP Contract. If Buyer shall cause the early termination of the CRP Contract, buyer shall reimburse Seller for any penalties or fines imposed on Seller for such early termination. Buyer’s obligation shall survive the Closing of the transaction contemplated in this Contract and will not merge with the provision of any closing documents.