Necessary real Sample Clauses
The "Necessary real" clause establishes that only those real (tangible) items or assets deemed essential for the fulfillment of the contract are included or required. In practice, this means that parties are obligated to provide, deliver, or maintain only the physical goods or property that are strictly necessary for the contract’s objectives, excluding any superfluous or unrelated items. This clause helps to clearly define the scope of obligations, preventing disputes over unnecessary or extraneous real property and ensuring that both parties focus on what is truly required for performance.
Necessary real property rights and rights-of-way have been obtained, to the extent required for the construction of a discrete aspect of the Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades;
Necessary real property rights and rights-of-way have been obtained, to the extent required for the construction of a discrete aspect of the Participating TO's Interconnection Facilities and Network Upgrades;