Right to Crops Sample Clauses

Right to Crops. Seller shall have the right to operate harvest, and receive crop proceeds for the entire 2020-2021 crop season for the crops grown on the Property as of the Effective Date. At close of escrow, Buyer as Lessor, and Seller as Lessee, will enter into a lease for the remainder of 2020 and 2021 crop seasons for the crops grown on the Property (the “Crop Lease”). Seller shall be responsible for all real estate taxes, insurance, maintenance, and operating costs, including, but not limited to, farm management, harvest, irrigation, utilities etc., until the expiration or termination of the Crop Lease. Buyer shall provide Seller with a copy of the proposed Crop Lease within 10 days of execution of this Agreement. It is the intent of Seller and Buyer that the Crop Lease be a “triple net” lease. Seller and Buyer agree to cooperate to negotiate a final Crop Lease prior to the expiration of the Contingency Period described below.

Related to Right to Crops

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • NOW, THEREFORE the parties hereto agree as follows:

  • Notices All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given (i) if delivered by hand and receipted for by the party to whom said notice or other communication shall have been directed, or (ii) mailed by certified or registered mail with postage prepaid, on the third (3rd) business day after the date on which it is so mailed:

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • WHEREAS the Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"); and