Common use of No Real Property Interest Conveyed Clause in Contracts

No Real Property Interest Conveyed. Notwithstanding anything to the contrary contained herein, this Agreement shall not result in the conveyance or transfer to Seller, directly or indirectly, expressly or impliedly, or give rise to, any real property right, title, or interest. DRAFTING NOTES: ATTACHMENT X MAY BE REVISED TO ACCOUNT FOR MATTERS SUCH AS THE SPECIFICS OF THE SITE IN QUESTION, SELLER’S FACILITY AND ANY NECESSARY ACCESS ARRANGEMENTS THROUGH COMPANY’S FACILITIES. PROVISIONS OF THE AGREEMENT CONCERNING MATTERS SUCH AS LAND RIGHTS, SCOPE OF INDEMNIFICATION AND DRAWS UPON DEVELOPMENT PERIOD SECURITY OR OPERATING PERIOD SECURITY WILL BE REVISED TO ACCOUNT FOR ATTACHMENT X. EXHIBIT X.1 SITE PLAN [TO BE DETERMINED] 1 Time between step change in frequency and the time to 10 percent of new steady-state value can be used as a proxy for determining this time.

Appears in 4 contracts

Samples: Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement

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