Common use of Transfers of Enrolled Property by Participants to Third Parties Clause in Contracts

Transfers of Enrolled Property by Participants to Third Parties. Participants may transfer ownership of Enrolled Property to a third party before or after a listing decision. If a Participant chooses to transfer ownership of Enrolled Property to a third party, participation in the CCAA will only continue if the transferee is a Participant or elects to become a Participant through execution of a new CI. If the transferee is not a Participant and the Covered Species are not listed, the transferee may enroll in the CCAA as described in the Enrollment section. If the transferee is not a Participant and one or more of the Covered Species are listed, the transferee may sign a new CI within 30 days of acquiring the Enrolled Property. All terms and conditions of the CCAA and CI will be assumed by the new Participant. The new Participant must provide CEHMM with the information described in the Enrollment section (Section 1.A). Transferors, and transferees that are Participants, are responsible for revising GIS shapefiles and lists of Enrolled Property to reflect transfers of Enrolled Property in annual updates provided to CEHMM in accordance with section 1.A, Enrollment.

Transfers of Enrolled Property by Participants to Third Parties. Participants may transfer ownership of Enrolled Property to a third party before or after a listing decision. If a Participant chooses to transfer ownership of Enrolled Property to a third party, participation in the CCAA will only continue if the transferee is a Participant or elects to become a Participant through execution of a new CI. If the transferee is not a Participant and the Covered Species are not listed, the transferee may enroll in the CCAA as described in the Enrollment section. If the transferee is not a Participant and one or more of the Covered Species are listed, the transferee may sign a new CI within 30 days of acquiring the Enrolled Property. All terms and conditions of the CCAA and CI CI, including any applicable Habitat Conservation Fee schedule associated with the Enrolled Property, will be assumed by the new Participant. The new Participant must provide CEHMM with the information described in the Enrollment section (Section 1.A). Transferors, and transferees that are Participants, are responsible for revising GIS shapefiles and lists of Enrolled Property to reflect transfers of Enrolled Property in annual updates provided to CEHMM in accordance with section 1.A, Enrollment.

Transfers of Enrolled Property by Participants to Third Parties. Participants may transfer ownership of Enrolled Property Lands to a third party before or after a listing decision. If a Participant chooses to transfer ownership of Enrolled Property Land to a third party, participation in the CCAA CCA will only continue if the transferee is a Participant or elects to become a Participant through execution of a new CICP. If the transferee is not a Participant and the Covered Species are not listed, the transferee may enroll in the CCAA CCA as described in the Enrollment section. If the transferee is not a Participant and one or more of the Covered Species are listed, the transferee may sign a new CI CP within 30 days of acquiring the Enrolled PropertyLands. All terms and conditions of the CCAA CCA and CI CP will be assumed by the new Participant. The new Participant must provide CEHMM with the information described in the Enrollment section (Section 1.A). Transferors, and transferees that are Participants, are responsible for revising GIS shapefiles and lists of Enrolled Property Land to reflect transfers of Enrolled Property Land in annual updates provided to CEHMM in accordance with section 1.A, Enrollment.