WATER FACILITY AND ACCESS AGREEMENT NORTH RANCHFacility and Access Agreement • June 24th, 2024 • LandBridge Co LLC • Oil royalty traders • Texas
This WATER FACILITY AND ACCESS AGREEMENT (this “Agreement”) is made and entered into as of October 15, 2021 (the “Effective Date”) by and between DBR Land LLC, a Delaware limited liability company (the “Company”), as lessee of certain lands owned by Delaware Basin Ranches Inc., a Texas corporation (“Landowner”), under the Master Lease (as defined herein), and WaterBridge Stateline LLC, a Delaware limited liability company (“Operator”). The Company and Operator are sometimes referred to herein each individually as a “Party” and collectively as the “Parties”. Capitalized terms used herein that are not defined in the other provisions of this Agreement have the respective meanings set forth in Article I.
