Feasibility & Geotechnical Studies. Commencing as of the Effective Date and continuing throughout the Option Period, Grantee shall have the right to make, at Grantee’s sole cost, such investigations, examinations, and studies of the Property as Grantee deems necessary or desirable (the “Feasibility Studies”), including, without limitation, reviewing the condition of title, any lease or sublease affecting the Property, any contract or other commitment with respect to the Property, tax and appraisal issues, preliminary construction issues; conducting studies of solar radiation, solar energy, and other meteorological data; conducting soil tests and studies, environmental, endangered/threatened species and archaeological assessments and surveys; investigating and pursuing land use, permitting and energy development regulatory matters contemplated under Section 10.6 below related to Grantee’s Solar Operations, including, without limitation, engaging in discussions with governmental authorities regarding environmental and land use issues with respect to the Property; and subject to any reasonable restrictions imposed by the Owner and approvals by relevant governmental authorities, performing drilling, excavation and other geotechnical activities (the “Geotechnical Studies”) in, and under the Property. Xxxxxxx’s conduct of Feasibility Studies and Geotechnical Studies are referred to hereinafter as the “Grantee’s Investigations.”
Appears in 2 contracts
Samples: Lease Agreement, Lease Agreement
Feasibility & Geotechnical Studies. Commencing as of the Effective Date and continuing throughout the Option Period, Grantee shall have the right to make, at GranteeXxxxxxx’s sole cost, such investigations, examinations, and studies of the Property as Grantee deems necessary or desirable (the “Feasibility Studies”), including, without limitation, reviewing the condition of title, any lease or sublease affecting the Property, any contract or other commitment with respect to the Property, tax and appraisal issues, preliminary construction issues; conducting studies of solar radiation, solar energythe existing energy infrastructure on the Property, and other meteorological datathe energy use of the Property; conducting soil tests and studies, environmental, endangered/threatened species and archaeological assessments and surveys; investigating and pursuing land use, permitting and energy development regulatory matters contemplated under Section 10.6 below related to GranteeXxxxxxx’s Solar Fuel Cell Operations, including, without limitation, engaging in discussions with governmental authorities regarding environmental and land use issues with respect to the Property; and subject to any reasonable restrictions imposed by the Owner and approvals by relevant governmental authorities, performing drilling, excavation and other geotechnical activities (the “Geotechnical Studies”) in, and under the Property. Xxxxxxx’s conduct of Feasibility Studies and Geotechnical Studies are referred to hereinafter as the “Grantee’s Investigations.”
Appears in 1 contract
Samples: License Agreement
Feasibility & Geotechnical Studies. Commencing as of the Effective Date and continuing throughout the Option Period, Grantee shall have the right to make, at Grantee’s sole cost, such investigations, examinations, and studies of the Property as Grantee deems necessary or desirable (the “Feasibility Studies”), including, without limitation, reviewing the condition of title, any lease or sublease affecting the Property, any contract or other commitment with respect to the Property, tax and appraisal issues, preliminary construction issues; conducting studies of solar radiation, solar energy, and other meteorological data; conducting soil tests and studies, environmental, endangered/threatened species and archaeological assessments and surveys; investigating and pursuing land use, permitting and energy development regulatory matters contemplated under Section 10.6 below related to Grantee’s Solar Operations, including, without limitation, engaging in discussions with governmental authorities regarding environmental and land use issues with respect to the Property; and subject to any reasonable restrictions imposed by the Owner and approvals by relevant governmental authorities, performing drilling, excavation and other geotechnical activities (the “Geotechnical Studies”) in, and under the Property. XxxxxxxGrantee’s conduct of Feasibility Studies and Geotechnical Studies are referred to hereinafter as the “Grantee’s Investigations.”
Appears in 1 contract
Samples: Lease Agreement