Examples of Wind Park Easement Agreement in a sentence
Mesa has title to the Infrastructural Improvements, but has granted the Partnership a security interest in such assets under the Wind Park Easement Agreement.
The Partnership uses a portion of the Operating Site and the Infrastructural Improvements pursuant to a 20-year easement granted by Mesa under the terms of a Wind Park Easement Agreement dated as of September 7, 1984, as amended (the "Wind Park Easement Agreement").
This Assignment shall run from the Effective Date specified below until the earlier to occur of December 31, 2005 and the termination of the Wind Park Easement Agreement dated as of September 9, 1985 between the Partnership and ZCC III.
This Amendment shall be effective as of June 30, -------------- 2006 and the Wind Park Easement Agreement shall be deemed amended by this Amendment as of such date.
ZPI and ZPII are each charged a pro rata share of the $79,000 in accordance with the Wind Park Easement Agreement based on their ratios of aggregated rated capacity of the turbines installed on the Operating Site.
Operating Site Rentals Under the Wind Park Easement Agreement, Mesa charges the Partnership rental fees for use of the Operating Site and Infrastructural Improvements in an amount equal to the greater of 5% of Gross Operating Proceeds or the Partnership's pro rata share (with the other producers of electric energy from wind power on the Operating Site) of the payments due the BLM under the Right-of-Way Grant.
Under the Wind Park Easement Agreement, Mesa charges the Partnership rental fees in an amount equal to the greater of 5% of Gross Operating Proceeds or the Partnership's pro rata share (with the other producers of electric energy from wind power on the Operating Site) of the payments due the BLM under the Right-of-Way Grant.
On December 19, 2002, the Right-of-Way Grant was extended for a ten-year period commencing on January 27, 2003; however, the Wind Park Easement Agreement still expires on December 31, 2004.
Zond acknowledges that the Partnership is the owner of the Turbines and of certain parts of the Infrastructural Facilities (certain other parts of which are owned by ZCC III and made available to the Partnership under the Wind Park Easement Agreement or which are owned by Zond and made available to the Partnership and Zond Windsystem Partners, Ltd.
In constructing the Required Number of Turbines, the Related Turbine Equipment pertaining thereto and the Power Substation, ZCC III shall comply with all requirements of the Power Agreement and the Wind Park Easement Agreement and the Project Loan.