Examples of Mitigation Land in a sentence
As used herein, the "Mitigation Property" means the Mitigation Land together with: (a) all easements and other rights appurtenant thereto, including the Partnership's interest (if any) in appurtenant water and mineral rights; and (b) the Partnership's entire right, title and interest in and to all governmental permits, entitlements and approvals applicable to the Mitigation Land, and all other contracts or agreements with respect to the Mitigation Land that are approved in writing by Buyer.
The Developers are not precluded from requesting that Tejon convey land in addition to or in lieu of such Mitigation Land; provided, however, that although Tejon shall, in good faith, consider such request, Tejon shall determine whether or not to contribute such land in its sole and absolute discretion.
The Company and Tejon, as appropriate, shall provide non-exclusive access to the Mitigation Land through the Master Project and the Balance of the Ranch, respectively, if such access is required by the appropriate governmental agency; provided, however, that such non-exclusive access shall not in any way materially interfere with or affect the Company’s or Tejon’s ownership, operation, construction or development of the Master Project or the Balance of the Ranch.
The Partnership owns and holds fee simple title to that certain real property comprising approximately 17 gross acres located in the City and County of San Diego ("County") legally described on Exhibit "C" and depicted on Exhibit "D" attached hereto (the "Mitigation Land").
Government Policies and ProgramsVMTReduction Mitigation Land UseAlternative Transportation Travel DemandCarbon Intensity of FuelsVehicle and Network EfficiencyFigure 2.2: General strategies for greenhouse gas mitigation Some of these strategies are currently being employed by a number of the 852 cities that are part of The U.S. Mayors Climate Protection Agreement.
For the avoidance of doubt a Woodland Planting Scheme submitted under this paragraph must always include within its scope the area of the Mitigation Land that is, by virtue of a served Notice of Purchase, becoming Credits Linked Land, and it may (but need not – the matter being entirely at the Mitigation Land Owner’s discretion) include other parts of the Mitigation Land in anticipation of further Notices of Purchase.
The Members intend that the Mitigation Land shall be a portion of the LA County Portion.
If compensation lands will not be identified and a PAR or PAR-like analysis completed within the time period specified for this payment (see verification section at the end of this condition), the project owner shall either provide initial payment calculated at$692 an acre for each phase as identified in Table 1, above, or provide security for each phase, when applicable, to the Energy Commission as set forth in the Compensatory Mitigation Land Funds section below.
Further, the Members acknowledge that the Mitigation Land shall be conveyed subject to a conservation easement in favor of the Conservancy in accordance with the Ranch-Wide Agreement, which conservation easement provides for public access rights.
Tejon shall not receive any credit to its Book Capital Account (or otherwise receive any reimbursement, compensation, or other amounts) as a result of conveying or otherwise granting any rights to any Mitigation Land pursuant to this Section 9.1.