Common use of Extinguishment Clause in Contracts

Extinguishment. The Grantor and the Foundation recognize that an unexpected change in the conditions surrounding the Subject property may make impossible or impractical the continued use of the Subject Property for conservation purposes and necessitate the extinguishment of this Historic Preservation Agreement. Such an extinguishment must comply with the following requirements:

Appears in 4 contracts

Samples: Historic Preservation Agreement, Historic Preservation Agreement, Historic Preservation Agreement

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Extinguishment. The Grantor Grantors and the Foundation recognize that an unexpected change in the conditions surrounding the Subject property Property may make impossible or impractical the continued use of the Subject Property for conservation purposes and necessitate the extinguishment of this Historic Preservation Agreement. Such an extinguishment must comply with the following requirements:

Appears in 1 contract

Samples: Historic Conservation Servitude

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