Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, Lessee shall have the right to appropriate and use water, to drill xxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by Lessee in its operations on the Property. If lessee acquires or files any application for appropriation or a permit, it shall cause each such application and permit to be taken jointly in the names of Owner and Lessee. On termination of this Agreement, except on Lessee’s exercise and closing of the Option, Lessee shall assign and convey to Owner all permits and water rights appurtenant to the Property, which are acquired by Lessee during the term of the Agreement. If Lessee exercises and closes on the Option, Owner shall assign and convey to Lessee all permits and water rights appurtenant to the Property.
Water Rights. Subject to the regulations of the State of Nevada concerning the appropriation and taking of water, NCG shall have the right to appropriate and use water, to drill wxxxx for the water on the Property and to lay and maintain all necessary water lines as may be required by NCG in its operations on the Property.
Water Rights. Grantor shall retain the right to use the water rights described in Exhibit C for the present and future use on the Property, as well as all xxxxx, ditches, canals, head gates, springs, reservoirs, water allotments, and water rights of ways associated with the Property and identified in the Report. With the prior written approval of Grantee, Grantor may transfer, lease, sell, or otherwise separate a portion of those water rights from the Property that the Grantee determines are not necessary to ensure the function of forestry operations and the protection of the forestland resources, wildlife and aquatic habitats, and other Conservation Values.
Water Rights. The Company will maintain and procure water rights with such quantities, priorities and qualities as are necessary adequately to serve the present and reasonably anticipated needs of its customers. The Company will continue to control, own or have access to all such water rights free and clear of the interest of any third party, will not suffer or permit any transfer or encumbrance of such water rights, will not abandon such water rights, or any of them, and will not do any act or thing which would impair or cause the loss of such water rights.
Water Rights. All right, title and interest of Fossil Seller in and to all water rights, appropriative rights, water allocations and water stock associated with irrigating and/or draining Fossil Creek Golf Club, including, without limitation, under the Fossil Water Documents, to the extent such are assignable (collectively, the “Fossil Water Rights”).
Water Rights. Seller shall have provided a detailed attorneys’ opinion addressed to Buyer evaluating and opining on the title of each of the Water Rights, together with all conveyance documents other supporting documentation related to the Water Rights, and Buyer shall be satisfied with the quality and marketability of title with respect thereto.