Well Rights Sample Clauses

Well Rights. Xxxxxx agrees to supply required information to Buyer about the well. Buyer understands that if 73 the well to be transferred is a “Small Capacity Well” or a “Domestic Exempt Water Well” used for ordinary household purposes, 74 Buyer must, prior to or at Closing, complete a Change in Ownership form for the well. If an existing well has not been registered 75 with the Colorado Division of Water Resources in the Department of Natural Resources (Division), Buyer must complete a 76 registration of existing well form for the well and pay the cost of registration. If no person will be providing a closing service in 77 connection with the transaction, Buyer must file the form with the Division within sixty days after Closing. The Well Permit # is 78 .
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Well Rights. If any water well is to be transferred to Buyer, Seller agrees to supply required 59 information about such well to Buyer. Buyer understands that if the well to be transferred is a Small Capacity Well or a Domestic 60 Exempt Water Well used for ordinary household purposes, Buyer shall, prior to or at Closing, complete a Change in Ownership 61 form for the well. If an existing well has not been registered with the Colorado Division of Water Resources in the Department of 62 Natural Resources (Division), Buyer shall complete a registration of existing well form for the well and pay the cost of 63 registration. If no person will be providing a closing service in connection with the transaction, Buyer shall file the form with the 64 Division within sixty days after Closing. The Well Permit # is . 65 2.5.4.3. Water Stock Certificates: 66 67 68 2.5.4.4. Water Tap Sewer Tap 69 Note: Buyer is advised to obtain, from the provider, written confirmation of the amount remaining to be paid, if any, time 70 and other restrictions for transfer and use of the tap. 71 2.5.4.5. Other Rights: 72 74 2.6. Exclusions. The following items are excluded (Exclusions): 75
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Well Rights. The Well Permit # is . 319 13.5.4. Water Stock Certificates. The water stock certificates are as follows: 320 321 322 323 324 325 13.6. Growing Crops. The following growing crops: 326 327 328 329 330
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Well Rights. Deeded Water Rights. The following legally described water rights: 303 None 304 Xxxxxx agrees to convey any deeded water rights by a good and sufficient 305 deed at Closing.
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Well Rights. Deeded Water Rights.
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Well Rights. Xxxxxx agrees to supply required information to Buyer about the well. Buyer understands that if 106 the well to be transferred is a “Small Capacity Well” or a “Domestic Exempt Water Well” used for ordinary household purposes, 107 Buyer must, prior to or at Closing, complete a Change in Ownership form for the well. If an existing well has not been registered 108 with the Colorado Division of Water Resources in the Department of Natural Resources (Division), Buyer must complete a 109 registration of existing well form for the well and pay the cost of registration. If no person will be providing a closing service in 110 connection with the transaction, Buyer must file the form with the Division within sixty days after Closing. The Well Permit # is 111 . 112 2.7.4. Water Stock. The water stock to be transferred at Closing are as follows: 113 114 115 116 2.7.5. Conveyance. If Buyer is to receive any rights to water pursuant to § 2.7.2. (Other Rights Relating to Water), 117 § 2.7.3. (Well Rights), or § 2.7.4. (Water Stock Certificates), Xxxxxx agrees to convey such rights to Buyer by executing the applicable 118 legal instrument at Closing.
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Well Rights. 311 13.5.1 Deeded Water Rights. The following legally described water rights: 312 approximately 4.43 shares of UVWUA irrigation water. 313 Xxxxxx agrees to convey any deeded water rights by a good and sufficient 314 deed at Closing.
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Related to Well Rights

  • Mineral Rights It is agreed and understood that all rights under the soil, including but not limited to water, gas, oil, and mineral rights shall be transferred by the Seller to the Buyer at Closing.

  • Preemptive Rights (a) In the event that the Purchaser Beneficially Owns at least 20% of the aggregate number of shares of NewCo Common Stock then outstanding, if NewCo engages in any transaction involving the direct or indirect sale or issuance of Covered Securities by NewCo and such sale or issuance would cause the Purchaser to Beneficially Own less than 20% of the aggregate number of outstanding shares of NewCo Common Stock immediately following such sale or issuance, the Purchaser will be afforded the opportunity to acquire from NewCo, for the same price and on the same terms as such Covered Securities are offered, up to an amount (the “Amount”) necessary to enable the Purchaser to own 20% of the aggregate number of outstanding shares of NewCo Common Stock immediately following such sale or issuance; provided, that, if the transaction at issue is an acquisition, merger or other business combination involving a Third Party by NewCo in which NewCo issues or sells Covered Securities as consideration for the transaction, such Covered Securities shall be deemed to be offered at the per share purchase price implied from the transaction terms as of the time of entry into the agreement for such transaction; provided, further, that, if such per share purchase price is not reasonably ascertainable, the per share purchase price shall be deemed to be the trading price of the NewCo Common Stock at the close of the business on the day immediately prior to the public disclosure or announcement of such transaction. (b) If NewCo proposes to engage in a transaction involving the direct or indirect sale or issuance of Covered Securities described in Section 8.12(a) above, NewCo will first submit written notice (the “Notice of Preemptive Rights”) to the Purchaser disclosing the terms of the proposed sale or issuance transaction (which notice will set forth all material terms, including price, number of securities or aggregate principal amount, as applicable, and the type of securities to be sold or issued). The Notice of Preemptive Rights will include an offer to the Purchaser to purchase up to the Purchaser’s Amount of such Covered Securities on terms and conditions, including price, not less favorable to the Purchaser than those on which NewCo proposes to sell such Covered Securities to the third party or parties. Such offer as set forth in the Notice of Preemptive Rights will remain open for a period of at least 15 Business Days after the Notice of Preemptive Rights is delivered, prior to the expiration of which period the Purchaser may accept such offer by written notice to NewCo setting forth the number of Covered Securities that the Purchaser intends to purchase. The consummation of such purchase by the Purchaser shall be conditioned on the simultaneous or prior consummation of the sale described in the Notice of Preemptive Rights. Nothing herein shall prohibit NewCo’s consummation of the sale set forth in the Notice of Preemptive Rights to third parties prior to the sale of Covered Securities to the Purchaser hereunder as long as NewCo has provided Purchaser the required notice hereunder and the Purchaser is simultaneously with or promptly after such consummation provided the opportunity to purchase the amount of Covered Securities that it would have been entitled to purchase if such issuance had occurred at the same time. (c) Any Covered Securities covered by a Notice of Preemptive Rights which are not purchased by the Purchaser pursuant to Section 8.12(b) may be sold by NewCo to a third party or parties at any time within 180 days following the expiration of the 15 Business Day period specified in Section 8.12(b); provided that each of the price and the other terms and conditions of such sale are not more favorable to such third parties than as set forth in the Notice of Preemptive Rights. For the avoidance of doubt, any sale or issuance of Covered Securities other than in compliance with this Section 8.12(c) will require delivery of a new Notice of Preemptive Rights.

Most Referenced Clauses

Most Referenced Definitions