Common use of Conservation Reserve Program Clause in Contracts

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.

Appears in 1 contract

Sources: Real Estate Purchase 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 and/or Seller’s tenant shall retain all CRP income for 2021.2024. (TRACT 2 ONLY)

Appears in 1 contract

Sources: Real Estate Purchase Contract

Conservation Reserve Program. A portion of the property is enrolled in the Conservation Reserve Program (“CRP”), with the current contract expiring September 30, 20272032. 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 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 2021.2023. (TRACT 1 & 2 ONLY)

Appears in 1 contract

Sources: Real Estate Purchase 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 and/or Seller’s tenant shall retain all CRP income for 2021.2023. (TRACT 2 ONLY)

Appears in 1 contract

Sources: Real Estate Purchase Contract

Conservation Reserve Program. A portion of the property is enrolled in the Conservation Reserve Program (“CRP”), with the current contract expiring September 30, 20272026. 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 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 2021.2022. (TRACT 5 ONLY)

Appears in 1 contract

Sources: Real Estate Purchase Contract

Conservation Reserve Program. (Tracts 1 and 2 ONLY) A portion of the property is enrolled in the Conservation Reserve Program (“CRP”), with the current contract expiring September 30, 20272026. 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 defend, and hold Seller harmless from the CRP and/or Buyer’s failure to comply with the terms of the CRP. Seller Tenant shall retain all CRP income for 20212023.

Appears in 1 contract

Sources: Real Estate Purchase Contract

Conservation Reserve Program. A portion of the property is enrolled in the Conservation Reserve Program (“CRP”), with the current contract expiring September 30, 20272025. 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.

Appears in 1 contract

Sources: Real Estate Purchase 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 Buyer shall retain receive all CRP income for 20212022.

Appears in 1 contract

Sources: Real Estate Purchase 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 and/or Seller’s tenant shall retain all CRP income for 2021.2023. (TRACTS 4 & 11 ONLY)

Appears in 1 contract

Sources: Real Estate Purchase Contract