Common use of Extinguishment Clause in Contracts

Extinguishment. If circumstances arise in the future that render the purposes of this Conservation Easement impossible to accomplish, this Conservation Easement can only be terminated or extinguished, in whole or in part, by judicial proceedings in a court of competent jurisdiction.

Appears in 4 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (NRG Yield, Inc.), Conservation Easement Deed

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Extinguishment. If circumstances arise in the future that render the purposes preservation of Conservation Values, [include this phrase only if there are jurisdictional wetlands: including wetland functions and services,] or other Purposes of this Conservation Easement impossible to accomplish, this Conservation Easement can only be terminated or extinguished, in whole or in part, by judicial proceedings in a court of competent jurisdiction.

Appears in 3 contracts

Samples: Conservation Easement, In Lieu Fee Enabling Instrument, In Lieu Fee Enabling Instrument

Extinguishment. If circumstances arise in the future that render the preservation of Conservation Values, or other purposes of this Conservation Easement impossible to accomplish, this Conservation Easement can only be terminated or extinguished, in whole or in part, by judicial proceedings in a court of competent jurisdiction.

Appears in 1 contract

Samples: Conservation Easement Deed

Extinguishment. If circumstances arise in the future that render the preservation of Conservation Values, [include this phrase only if there are jurisdictional wetlands: including wetland functions and values,] or other purposes of this Conservation Easement impossible to accomplish, this Conservation Easement can only be terminated or extinguished, in whole or in part, by judicial proceedings in a court of competent jurisdiction.

Appears in 1 contract

Samples: Conservation Easement

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Extinguishment. If circumstances arise in the future that render the purposes Purpose of this Conservation Easement impossible to accomplish, this Conservation Easement can only be terminated or extinguished, in whole or in part, by judicial proceedings in a court of competent jurisdiction.

Appears in 1 contract

Samples: Professional Services Agreement

Extinguishment. If circumstances arise in the future that which render the purposes Purpose of this Conservation Easement impossible to accomplish, this Conservation Easement can only be terminated or extinguished, whether in whole or in part, by judicial proceedings in a court of competent jurisdiction, and the amount of any proceeds to which Holder shall be entitled, after the satisfaction of prior claims, shall be determined in accordance with New York State law at the time.

Appears in 1 contract

Samples: Conservation Easement

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