Wind easement definition

Wind easement means the right granted by the owner of real property to a wind energy developer

Wind easement means the right granted by the owner of real property to a wind energy developer guaranteeing the developer the right to use the real property legally described in a wind energy agreement and the wind resource located on and flowing over its surface to develop a wind energy project. A wind easement is an interest in real property.

Wind easement means a right, whether or not stated in the form of a restriction, easement, covenant, or con- dition, in any deed, will, or other instrument executed by or on behalf of any owner of land or air space for the purpose of ensuring adequate exposure of a wind power system to the winds. … Any property owner may grant a solar or wind easement in the same manner and with the

Examples of Wind easement in a sentence

• Wind easement did not have provisions for installation of this type of facility so the process to amend the lease/easement was lengthy.

• Act) for leases, but not easements.• Bankruptcy implications (Wind easement a voidable executory contract?) • Business model;• Laws of particular jurisdiction (e.g., state, county, etc.); and• Pricing and operating assumptions.

• Identification of all ongoing expenses – (revenue is often fixed while not all expenses are fixed = risk)⮚ Debt service requirements⮚ Taxes & Insurance – for insurance we require: property/casualty, liability of a minimum of $1 million, & business interruption insurance⮚ Maintenance costs – includes funding a deferred maintenance account for larger costs later in project⮚ Wind easement payments⮚ Ongoing project management expenses⮚ Ongoing professional services expenses⮚ Contingency expenses6.

More Definitions of Wind easement

Wind easement means a right, whether stated in the form of a

Wind easement means a written document that creates a legal interest in real property that

Wind easement means a written document that creates a legal interest in real property that permits a developer or owner to place and construct a wind turbine or associated facilities on the property.

Wind easement means the easement that is part of the retained acreage and will be described in detail in the Lessee’s approved Production Plan. The Wind Easement is intended to prevent the installation of any other structures on the submerged land that might cause an obstruction to the wind, and is more particularly described in Section 3.4.

Wind easement means the right granted by the owner of real property to a wind energy developer guaranteeing the developer the right to use the real property legally described in a wind energy agreement and the wind resource located on and flowing over its surface to develop a wind energy project. A wind easement is an interest in real property. (2) "Wind energy agreement" means any wind energy lease or license or any other written document entered into between the owner of the real property and the wind energy developer that contains the wind easement. (3) "Wind energy developer" means the person that enters into a wind option agreement or wind energy agreement with the owner of the real property for the purpose of developing a wind energy project. (4) "Wind energy right" means an interest in real property on and over which the wind resource is located and flows that is appurtenant to the real property. (5) "Wind option agreement" means a written agreement in which the owner of real property grants a wind energy developer an exclusive right to obtain a wind easement through a wind energy agreement.

Wind easement means …[to be added].