Private Ownership Clause Samples
The Private Ownership clause establishes that certain property, assets, or intellectual property rights are owned exclusively by a specific party rather than jointly or by the public. In practice, this clause clarifies which party retains full control, usage rights, and the ability to transfer or sell the property in question. By clearly delineating ownership, the clause helps prevent disputes over rights and responsibilities, ensuring that all parties understand who holds legal title and associated benefits.
Private Ownership. All streets, sidewalks, street lighting, signage, landscaping, walls, drainage systems and all related appurtenances within the development including those located outside the gates, are to be private, owned in a separate tract where applicable and maintained by the HOA.
Private Ownership. The Sponsor of a privately-owned Airport shall execute and maintain a credit line deed of trust, as defined in § 55-58.2 of the Code of Virginia (1950), as amended, and in compliance with the Airport Program Manual to ensure sufficient collateral for the Commonwealth's investment in the Airport. The Sponsor shall execute a new credit line deed of trust note for each Grant Agreement and Grant Amendment(s).
Private Ownership. Section 106 complianc e and reasonable identification efforts shall be perfor med regardless of the ownership (public or private) of the lands involved, and SNWA shall be responsible for attempting to gain access to non-BLM lands. W here SN WA cannot gain access to such lands for purposes of identification of historic properties in any of the Project’s APEs, identification efforts on those lands shall be deferred until acces s is gained. Failure to gain access to accom plish necessary or app ropriate id entification, treatm ent or mitigation may require BLM to co nsider alternative treatment or mitigation, or to allow def erral of such until access is gained, as provided in 36 C.F.R. § 800.4(b)(2).
Private Ownership. Section 106 compliance and reasonable identification efforts shall be performed regardless of the ownership (public or private) of the lands involved, and SNWA shall be responsible for attempting to gain access to non-BLM lands. Where SNWA cannot gain access to such lands for purposes of identification of historic properties in any of the Project’s APEs, identification efforts on those lands shall be deferred until access is gained. Failure to gain access to accomplish necessary or appropriate identification, treatment or mitigation may require BLM to consider alternative treatment or mitigation, or to allow deferral of such until access is gained, as provided in 36 C.F.R. § 800.4(b)(2).