Common use of or 3 Clause in Contracts

or 3. [ALE Option 1 and Grassland Option 1]Separate conveyance of a portion of the [Insert Defined Term for Parcel] or division or subdivision of the [Insert Defined Term for Parcel] is prohibited, except where state or local regulations explicitly require subdivision to construct residences for employees working on the [Insert Defined Term for Parcel]. Grantor shall provide written notice and evidence of such requirements to Grantee and the Chief of NRCS or his or her authorized designee (Chief of NRCS) prior to division of the [Insert Defined Term for Parcel]. [ALE Option-2] The [Insert Defined Term for Parcel] shall not be divided or subdivided into, or separately conveyed as, more than farm or ranch parcels ( division(s) allowed), the boundaries of which have been identified in EXHIBIT , which is appended to and made a part of this Agricultural Land Easement. To ensure the future agricultural viability of the [Insert Defined Term for Parcel], the boundaries of such division(s) have been pre-approved in writing by Xxxxxxx and the Chief of NRCS or his or her authorized designee (Chief of NRCS). Deviations from the identified boundaries will not be allowed. Grantor shall give Grantee and the Chief of NRCS written notice prior to subdividing, dividing or separately conveying a parcel(s) of the [Insert Defined Term for Parcel]. The division, subdivision or separate conveyance of a parcel(s) of the [Insert Defined Term for Parcel] as provided in this Paragraph, will not affect the right of the Grantor, its heirs, successors, or assigns to make additional approved division(s) of the [Insert Defined Term for Parcel] identified in EXHIBIT . [ALE Option-3] The [Insert Defined Term for Parcel] shall not be divided or subdivided into, or separately conveyed as, more than farm or ranch parcels ( division(s) allowed). To ensure the future agricultural viability of the [Insert Defined Term for Parcel], the boundaries of such division(s) must be approved in writing by Xxxxxxx and the Chief of NRCS or his or her authorized designee (Chief of NRCS) before any such division, subdivision or separate conveyance occurs. The Chief of NRCS may only approve the division, subdivision or separate conveyance of the [Insert Defined Term for Parcel] into separately conveyable farm or ranch parcels when: