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t <br /> <br />place an administrative call against, or otherwise prevent <br />water from being stored in the Reservoir. If Climax elects to <br />transfer such rights to a new location, Climax shall not seek <br />or accept any terms or conditions to such transfer which may, <br />in the Company's reasonable determination, adversely affect the <br />ability to fi11 the Reservoir each year, adversely impact the <br />yield of the Reservoir or adversely affect the operation or use <br />of the Reservoir by the Company. Climax shall provide to the <br />company a copy of any terms upon which such a transfer may be <br />conditioned, and the Company shall have 30 days thereafter to <br />object to the transfer on such terms. Climax shall not proceed <br />with such transfer until it has satisfied all of the Company's <br />objections.. <br />(b) Climax further agrees that it shall not <br />conduct operations upon, or allow operations to be conducted <br />upon any land owned or controlled by Climax in such a manner as <br />may adversely impact the quantity, or impact the quality as <br />determined in Section 5(b) above, of water flowing into the <br />Reservoir. <br />8. Grant of Easements. (a) Climax hereby agrees to <br />execute and deliver at Closing an easement deed, in the form of • <br />the attached Exhibit N, granting to the Company (1) an <br />irrevocable, non-exclusive, perpetual easement over and through <br />the Clinton Canal for the transportation of water released from <br />the Reservoir to Tenmile Creek, together with an irrevocable, <br />non-exclusive, perpetual easement for ingress and egress over <br />and across Climax's real property, described in the attachments <br />to Exhibit N, to the Clinton Canal for purposes of access to <br />and maintenance of the Clinton Canal (the "Canal Easement"), <br />and (2) easements necessary for the construction, operation and <br />maintenance of the Discharge Bypass (as defined in Section 9 <br />below). Climax shall have the right to relocate the Canal <br />Easement to such other locations on Climax's property as it may <br />select, provided that such relocation does not interfere with <br />operation of the Reservoir, and provided that the Company's <br />easement includes an easement over the canal as such may be <br />relocated. In addition, Climax shall assign to the Company any <br />reserved access and other rights created pursuant to the <br />Highway Easement Deeds from AMAX, Inc. to the State Department <br />of Highways, as referenced on Attachment 2 to Exhibit C below. <br />(b) The Company hereby agrees to execute and <br />deliver at Closing an easement deed, in the form of Exhibit O <br />attached hereto, granting to Climax: <br />(1) A non-exclusive, irrevocable easement <br />across a portion of the Reservoir Land described on <br />Attachment 1 to Exhibit 0 for operation and maintenance of the