Surface Rights definition
Examples of Surface Rights in a sentence
Contributor has all Surface Rights necessary for the conduct and operation of the Water Business, as currently conducted, including with respect to any utility or access rights which are necessary for the conduct and operation of the Water Business.
Other than Contributor and the counterparties under the Surface Agreements and Surface Rights Agreements, (i) there are no third Persons in possession of any of the Assets, or any part thereof, and (ii) no Person has been granted any license, lease, easement or other right relating to the use or possession of the Assets, including the Groundwater Rights, in each case of (i) and (ii), except those specifically identified as a Permitted Encumbrance.
Each of the LandBridge Parties has or will have conducted its own independent investigation, review and analysis of the Assets and acknowledges that it and its Representatives have been provided adequate access to the Land, the Surface Agreements, the Surface Rights Agreements, the Contracts, and the other records of Contributor for such purpose.
Except as set forth on Schedule 5.13, to the Knowledge of Contributor, there are no material Contracts, Surface Agreements, Surface Rights Agreements or other arrangements, written or verbal, that are or will be binding on the Assets or Acquiror following the Closing Date.