Certificate of Mitigation Credits Sample Clauses

Certificate of Mitigation Credits. The Conservancy shall maintain an accounting of the Mitigation Credits available to Landowner and any other heir, successor, or assignee (“Credit Holders”) under the Agreement. Upon reasonable notice, the Conservancy shall provide the Credit Holders and the general public with a copy of said accounting. The Credit Holders shall provide the Conservancy with a record of any transaction regarding the sale of credits or use of credits to the Conservancy. The accounting provided by the Conservancy shall reflect a complete history of the sale and use of all Mitigation Credits, including a running account of the Mitigation Credits that remain available for future projects. Upon approval by a governmental agency in the County of Yolo of the use of Mitigation Credits covered by this Agreement for purposes of project mitigation, the Conservancy agrees to issue a Certificate of Mitigation Credits so long as the project at issue received lead agency approval prior to the effective date of the HCP/NCCP. Said Certificate of Mitigation Credits shall be in a form which shall be recorded in the Official Records of Yolo County concurrent with the close of any sale of Mitigation Credits.
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