Common use of Conservation Restriction Clause in Contracts

Conservation Restriction. Following the issuance of a Certificate of Occupancy, the Applicant agrees to place a perpetual conservation restriction (“CR”) on a minimum of a 6.75 acre portion of the Property. The Applicant agrees that it shall work with the Conservation Commission to develop a plan for invasive species management and that, subject to obtaining all required approvals, it shall be responsible for implementing the invasive species management plan. The parties agree that such CR shall be a “local” CR and shall not be submitted to the State for approval pursuant to M.G.L. c. 184, §§ 31-32.

Conservation Restriction. Following the issuance of a Certificate certificate of Occupancyoccupancy, the Applicant agrees to place a perpetual conservation restriction (“CR”) on a minimum of a 6.75 an approximately acre portion of the Property. The Applicant agrees that it shall work with the Conservation Commission to develop a plan for invasive species management and that, subject to obtaining all required approvals, it shall be responsible for implementing the invasive species management plan. The parties agree that such CR shall be a “local” CR and shall not be submitted to the State for approval pursuant to M.G.L. c. 184, §§ 31-32.