Conservation Reserve Program Clause Samples

Conservation Reserve Program. If any portion of the Property is removed from the U.S. Department of Agriculture’s Conservation Reserve Program (“CRP”) due to Lessee’s installation of Solar Power Facilities on the Property, Lessee shall reimburse Owner for any verified rent payments, cost share payments, interest, and/or any other costs or fees that may be incurred by Owner as a result of the removal of such Property from the CRP. If Lessee or its agents or contractors damage or disrupt certified land or land in the process of being certified or otherwise cause the removal of such lands from the CRP or cause the lands to be disqualified from acceptance into the CRP, then ▇▇▇▇▇▇ shall reimburse Owner for the verifiable revenues that Owner would otherwise have received from the CRP during the applicable term of the CRP contract, but in no event longer than the Term. Upon ▇▇▇▇▇▇’s request, Owner shall provide Lessee with a copy of its CRP agreement or such other documentation that will verify the costs and fees for which Lessee shall be responsible for reimbursing Owner. Such CRP contracts may be held in the name of Owner or such other entity that Owner may designate from time to time. Payments shall be made by Lessee to Owner on an annual basis on or before April 30 of each year.

Conservation Reserve Program. If any portion of the Property is removed from the Conservation Reserve Program (“CRP”) because of Grantee’s installation of Windpower Facilities, Grantee will reimburse Owner for the resulting penalties or reimbursement obligations to the federal government. Reimbursement will not extend to CRP payments that would otherwise have been made to Owner, or to removal of any other lands from CRP.

Conservation Reserve Program. Owner is a party to a Conservation Reserve Program Contract (“CRP Contract”) with the U.S. Department of Agriculture pursuant to 7 C.F.R. Part 1410. The CRP Contract expires on . Owner shall provide Grantee with a true and complete copy of such CRP Contract, together with all amendments and modifications dated prior to the Effective Date. Owner shall not extend, renew, modify or amend the CRP Contract in any respect. If applicable, Grantee shall reimburse Owner for (a) any rental payments, or portion thereof, Owner would have received from the U.S. Department of Agriculture but for the construction or occupation of the Windpower Facilities on the Property and (b) the penalties and interest, if any (including for any past payments received by Owner that must be repaid by Owner), assessed by, the U.S. Department of Agriculture as a result of the construction or occupation of the Windpower Facilities on the Property. Owner shall cooperate with Grantee in completing and submitting documents to obtain any exemptions allowed under the Conservation Reserve Program for the use of Windpower Facilities on Property covered by a CRP Contract.

Conservation Reserve Program. A portion of the property is enrolled in the Conservation Reserve Program (“CRP”), with the current contract expiring September 30, 2027. At closing, Seller shall transfer all rights and obligations of that contract to the Buyer. Buyer shall comply with all terms and conditions of the CRP and shall indemnify, defend and hold Seller harmless from the CRP and/or Buyer’s failure to comply with the terms of the CRP. Seller shall retain all CRP income for 2021.

Conservation Reserve Program. Buyer acknowledges that certain parts of the subject property are subject to a Conservation Reserve Program Contract “CRP Contract”. Buyer acknowledges and agrees that Buyer has been provided with a copy of the CRP Contract. Buyer agrees to accept title subject to the CRP Contract. If Buyer shall cause the early termination of the CRP Contract, buyer shall reimburse Seller for any penalties or fines imposed on Seller for such early termination. Buyer’s obligation shall survive the Closing of the transaction contemplated in this Contract and will not merge with the provision of any closing documents.

Conservation Reserve Program. If any portion of the Property is enrolled in the United States Department of Agriculture Conservation Reserve Program, Buyer will succeed to the contract within 60 days of Closing. Buyer will hold Seller harmless for any penalty or repayment caused by Buyer=s failure to comply with the contract, rules and regulations related to the Conservation Reserve Program. be vested in title to any property other than the Property; and (4) the exchanging party shall indemnify and hold the non-exchanging party harmless from and against any claims, actions, liability and expense in connection with each such exchange.

Conservation Reserve Program. Discuss*]

Conservation Reserve Program. If Owner is a party to a Conservation Reserve Program contract (“CRP Contract”) with the U.S. Department of Agriculture pursuant to 7 C.F.R. Part 1410, Owner shall provide Lessee with a true and complete copy of such CRP Contract, together with all amendments and modifications, and if applicable, ▇▇▇▇▇▇ shall reimburse Owner for the penalties and interest, if any (including for any past payments received by Owner that must be repaid by Owner), assessed by, the U.S. Department of Agriculture as a result of the construction of the Improvements on the Owner’s Property. Owner shall cooperate with Lessee in completing and submitting documents to obtain any exemptions allowed under the Conservation Reserve Program for the use of Improvements on the Owner’s Property covered by a CRP Contract.

Conservation Reserve Program. If Owner is a party to a Conservation Reserve Program contract (“CRP Contract”) with the U.S. Department of Agriculture pursuant to 7 C.F.R. Part 1410, Owner shall provide Grantee with a true and complete copy of such CRP Contract, together with all amendments and modifications, and if applicable, Grantee shall reimburse Owner for (a) any rental payments, or portion thereof, Owner would have received from the U.S. Department of Agriculture but for the construction or occupation of the Windpower Facilities on the Property and (b) the penalties and interest, if any (including for any past payments received by Owner that must be repaid by Owner), assessed by, the U.S. Department of Agriculture as a result of the construction or occupation of the Windpower Facilities on the Property. Owner shall cooperate with Grantee in completing and submitting documents to obtain any exemptions allowed under the Conservation Reserve Program for the use of Windpower Facilities on Property covered by a CRP Contract.