Conservation Reserve Program Sample Clauses

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.
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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.
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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. 1031 Exchange Cooperation. Either party may desire to use their sale or purchase as part of an Internal Revenue Code Section 1031 Exchange. The parties agree to reasonably cooperate with each other for such purpose, provided, however: (1) in no event shall any such exchange, or the exchanging party’s inability to complete any such exchange, impair or otherwise affect the Closing; (2) the non-exchanging party shall have no obligation or liability to the exchanging party or any other person or entity in any respect for any matters in connection with any such exchange other than payment of the Purchase Price as set forth herein in exchange for the conveyance to Purchase fee simple title to the Property by warranty deed as required herein subject only to those matters permitted under this Agreement; (3) Buyer shall not be required to 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.
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Conservation Reserve Program. LESSOR reserves and excepts for itself full and exclusive right to apply for and enter the Leased Premises into the Conservation Reserve Program and any other conservation programs now existing or created in the future administered by any governmental agency. LESSEE shall have no right to apply for or enter the Leased Premises into such conservation programs; however this exception shall not be construed to prohibit or limit LESSEE'S participation in any farm programs administered by any governmental agency supporting the growing of crops such as cotton, corn, soybeans, rice, oats, wheat or other similar crops planted on the Leased Premises for harvest after a growing season of less than 12 months. In the event that LESSOR applies for entry of the Leased Premises into any such conservation program, LESSEE agrees and binds himself to execute all transfers and releases in favor of LESSOR that may be required by the governmental agency administering such program. At such time as the Leased Premises is entered in any such conservation program, LESSEE'S rights in the Leased Premises shall be and become limited by the terms and conditions of such conservation program. Upon acceptance and entry of the Leased Premises into any such conservation program, LESSOR shall give notice to LESSEE, and LESSEE shall have the option to cancel this lease by giving written notice to LESSOR. Upon exercise of this option to cancel, LESSEE shall be entitled to a refund of any prepaid rent prorated to the date on which LESSEE notifies LESSOR of the exercise of the option to cancel lease.
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Conservation Reserve Program. Discuss*] 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 will provide Project Company with a true and complete copy of such CRP Contract, together with all amendments and modifications, and if applicable, Project Company will 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 of the Solar Facilities on the Premises 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 of the Improvements on the Premises. Owner will cooperate with Project Company in completing and submitting documents to obtain any exemptions allowed under the Conservation Reserve Program for the use of Solar Facilities on the Premises covered by a CRP Contract.
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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.
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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.
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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.
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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 Xxxxxx 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 Xxxxxx’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.
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Related to Conservation Reserve Program

  • Additional Reserve Requirements The Company shall pay (or cause the applicable Designated Borrower to pay) to each Lender, (i) as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurocurrency Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), and (ii) as long as such Lender shall be required to comply with any reserve ratio requirement or analogous requirement of any other central banking or financial regulatory authority imposed in respect of the maintenance of the Commitments or the funding of the Eurocurrency Rate Loans, such additional costs (expressed as a percentage per annum and rounded upwards, if necessary, to the nearest five decimal places) equal to the actual costs allocated to such Commitment or Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which in each case shall be due and payable on each date on which interest is payable on such Loan, provided the Company shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest or costs from such Lender. If a Lender fails to give notice 10 days prior to the relevant Interest Payment Date, such additional interest or costs shall be due and payable 10 days from receipt of such notice.

  • Additional Reserve Costs (a) If and so long as any Lender is required after the date hereof to make special deposits with the Bank of England, to maintain reserve asset ratios or to pay fees, in each case in respect of such Lender’s Eurocurrency Loans in any Designated Foreign Currency, such Lender may require the relevant Borrower to pay, contemporaneously with each payment of interest on each of such Loans, additional interest on such Loan at a rate per annum equal to the Mandatory Costs Rate calculated in accordance with the formula and in the manner set forth in Exhibit C hereto.

  • Management Plan The Management Plan is the description and definition of the phasing, sequencing and timing of the major Individual Project activities for design, construction procurement, construction and occupancy as described in the IPPA.

  • Substance Abuse Program The SFMTA General Manager or designee will manage all aspects of the FTA-mandated Substance Abuse Program. He/she shall have appointing and removal authority over all personnel working for the Substance Abuse Program personnel, and shall be responsible for the supervision of the SAP.

  • Regulation RR Risk Retention Ford Credit, as Sponsor, and the Depositor agree that (i) Ford Credit will cause the Depositor to, and the Depositor will, retain the Residual Interest on the Closing Date and (ii) Ford Credit will not permit the Depositor to, and the Depositor will not, sell, transfer, finance or hedge the Residual Interest except as permitted by Regulation RR.

  • CLEAN AIR AND WATER POLLUTION CONTROL ACT Customer Purchase Orders using federal funds must contain a provision that requires the Contractor to agree to comply with all applicable standards, orders or regulations issued pursuant to the Clean Air Act (42 U.S.C. 7401-7671q) and the Federal Water Pollution Control Act as amended (33 U.S.C. 1251-1387). Violations must be reported to the Federal awarding agency and the Regional Office of the Environmental Protection Agency (EPA). Pursuant to the Federal Rule above, Contractor certifies that it is in compliance with all applicable provisions of the Clean Air Act (42 U.S.C. 7401-7671q) and the Federal Water Pollution Control Act as amended (33 U.S.C. 1251-1387) and will remain in compliance during the term of the Contract.

  • Administration and Risk Management Employees of Federated Advisory Services Company provide support to portfolio managers and other employees of affiliated advisers. Such services may include development of risk management programs, production of portfolio and compliance reports for clients and/or fund Boards, coordination of client portfolios and related fixed income trade execution implementation and administration, completion of required broker and custody documentation, development and documentation of operational procedures, coordination of proxy voting activities, on-site support of hardware and software, etc.”

  • Insurance Reserves Lender may require Grantor to maintain with Lender reserves for payment of insurance premiums, which reserves shall be created by monthly payments from Grantor of a sum estimated by Lender to be sufficient to produce, at least fifteen (15) days before the premium due date, amounts at least equal to the insurance premiums to be paid. If fifteen (15) days before payment is due, the reserve funds are insufficient, Grantor shall upon demand pay any deficiency to Lender. The reserve funds shall be held by Lender as a general deposit and shall constitute a non-interest-bearing account which Lender may satisfy by payment of the insurance premiums required to be paid by Grantor as they become due. Lender does not hold the reserve funds in trust for Grantor, and Lender is not the agent of Grantor for payment of the insurance premiums required to be paid by Grantor. The responsibility for the payment of premiums shall remain Grantor's sole responsibility.

  • Federal Reserve Regulations (a) None of Holdings, the Borrower or any of the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of buying or carrying Margin Stock.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

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