Water Rights
Water Rights. All rights to use wells and other water sources that exist on the Effective Date that benefit or are appurtenant to the Property and that may be reasonably necessary to conduct farming operations at the Property as currently conducted and in accordance with GAP.
Found in
GLADSTONE LAND Corp contract
Water Rights. A portion of all rights to use wells and other water sources that exist on the Effective Date that benefit or are appurtenant to the Property and that may be reasonably necessary to conduct farming operations at the Property as currently conducted and in accordance with GAP, with the portion equal to 8.0 gallons per minute per acre and 3.5 acre-feet per acre for the 1,640 acres that make up the irrigated portion of the Property, and further subject to the provisions of Section 11(h) of this...
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Found in
GLADSTONE LAND Corp contract
Water Rights. All water and water rights, well and well rights, and surface rights and interests that are appurtenant to or available for use on the Property that exist on the Effective Date including those used to conduct farming operations on the Property
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Found in
GLADSTONE LAND Corp contract