Surface Use Rights definition
Examples of Surface Use Rights in a sentence
Each Surface Sale Notice shall include a description of those portions of the Surface Use Rights that will be sold pursuant to such proposed sale.
Notwithstanding anything herein to the contrary, any Party may sell any Surface Use Rights held by such Party; provided, however, such Party shall provide the other Parties with written notice of such intention on or before forty-five (45) days prior to the date such sale is to be consummated (a “Surface Sale Notice”).
The Parties shall comply with reasonable requirements with respect to operations or activities that utilize Surface Use Rights.
The Parties shall cooperate to reach a mutually agreeable arrangement regarding the use of all other surface facilities with respect to their respective Surface Use Rights set forth in Section 5.1.
Within thirty (30) days of Gas Party’s and/or Coal Party’s receipt of a Surface Assignment Notice, Gas Party and/or Coal Party, as applicable, shall have the right to deliver a Surface Easement Request to the Section 4.1(a) Representative of the Party proposing such Assignment with respect to the Surface Rights that are subject to such Surface Assignment Notice in order to exercise such Party’s Surface Use Rights described above.
For the further avoidance of doubt, any new easements that are necessary or required in connection with such relocation shall, to the extent practicable, be granted free of charge pursuant to the Surface Use Rights herein granted.
If the Surface Use Rights to be granted are on surface acquired by Grantor after the Execution Date, Grantee shall, prior to delivery of the Easement, pay to Grantor fair market value of the surface that is associated with the Surface Use Rights to be granted to Grantee.
If the Surface Use Rights to be granted are on surface acquired by Grantor after the Effective Date hereof, Grantee shall, prior to delivery of the Easement, pay to Grantor fair market value of the surface that is associated with the Surface Use Rights to be granted to Grantee.
Gas Party and Coal Party shall comply with reasonable requirements of the other such Party, as applicable, with respect to operations or activities that utilize Surface Use Rights involving the other Party’s Surface Rights and with applicable regulatory requirements.
Long Beach’s current surface and use easements will be exchanged for relocated easements which include: • Surface Use Rights for Present Facilities.