Permian Lease Agreement Sample Contracts

PERMIAN LEASE AGREEMENT between SHARYLAND DISTRIBUTION & TRANSMISSION SERVICES, L.L.C. and SHARYLAND UTILITIES, L.P. December 31, 2017
Permian Lease Agreement • January 5th, 2018 • InfraREIT, Inc. • Real estate investment trusts • Texas

This PERMIAN LEASE AGREEMENT (this “Agreement”) is entered into effective as of December 31, 2017 (the “Effective Date”), between Sharyland Distribution & Transmission Services, L.L.C. (together with its permitted transferees, successors and assigns, “Lessor”), and Sharyland Utilities, L.P. (together with its permitted transferees, successors and assigns, “Lessee”), and, in connection herewith, Lessor and Lessee agree, covenant and contract as set forth in this Agreement. Lessor and Lessee are sometimes referred to in this Agreement as a “Party” or collectively as the “Parties.”

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