Common use of Solar Easement Clause in Contracts

Solar Easement. Landlord grants to Tenant during the Term on, over, through and across the Site (i) an irrevocable, exclusive easement to convert all of the solar resources above the Site to electricity, and (ii) an exclusive easement to the free and unobstructed insolation of solar energy over the entirety of the horizontal space and the entirety of the vertical air space lying above the surface of the Site and any adjoining real property owned by Landlord that is within 200 feet of any solar panels installed on the Site.

Appears in 2 contracts

Sources: Option Agreement, Solar Energy Site Lease and Easement Agreement