Conservation Property definition
Examples of Conservation Property in a sentence
The inability to carry on any or all of the uses permitted on the Conservation Property, or the unprofitability of doing so, shall not impair the validity of this Conservation Easement or be considered grounds to terminate it or alter its terms.
The obligation of the Association to maintain the Conservation Property is set forth in the Declaration, which shall be attached as Exhibit C prior to final plat approval.
It is the understanding of the parties that Grantor intends to transfer the Conservation Property to the Town of Winthrop.
Whenever all or part of the Conservation Property is taken in the exercise of eminent domain so as to abrogate the restrictions imposed by this Conservation Easement, Grantor and Grantee shall join in appropriate actions at the time of such taking to recover the full value of the taking and all incidental or direct damages resulting from the taking, which proceeds shall be divided in accordance with the proportionate value of Grantor’s and Grantee’s interests as specified above.
They intend to form a committee which will include representatives of Grantee to manage the Conservation Property.
Grantor shall give Grantee at least fourteen (14) days prior notice of intention to transfer any interest in the Conservation Property and shall provide a copy of the deed or instrument of conveyance to Grantee.
In the event that the Conservation Property is owned by persons in common or joint ownership, agreement or approval of a majority interest of such owners shall be deemed to be the agreement or approval of all of the owners of the Conservation Property.
Developer agrees to develop and maintain the Conservation Property as set forth in the Maintenance Plan in accordance with the Maintenance Plan and this Maintenance Agreement.
Grantor retains all responsibilities of ownership of the Conservation Property and, as such, shall bear all costs of every kind relating to the ownership, operation, maintenance, use, taxation or otherwise with respect to the Conservation Property.
All of the covenants, terms, conditions, restrictions and agreements set forth in this Conservation Easement shall be binding upon, and inure to the benefit of, the parties hereto and their respective personal representatives, heirs, successors and assigns and shall continue as a servitude running in perpetuity with the Conservation Property.