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Ppa Solar Lease
"Need a PPA Solar Lease agreement for a 5-acre agricultural site in Yorkshire, where we'll be installing a 2MW solar facility with construction starting March 2025, including specific provisions for sheep grazing beneath the panels and quarterly rent payments."
1. Parties: Details of the landlord/property owner and solar developer
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement including technical and legal definitions
4. Grant of Lease: Specific terms of the lease grant and permitted use of the property for solar installation
5. Term and Termination: Duration of lease, renewal options, and circumstances for early termination
6. Rent and Payment Terms: Financial arrangements including rental payments, payment schedule, and review mechanisms
7. Access Rights: Installation, maintenance, and decommissioning access provisions including notice requirements
8. Obligations of the Parties: Respective responsibilities of landlord and tenant including maintenance and compliance obligations
1. Purchase Option: Terms for potential purchase of the solar installation by the landlord
2. Grid Connection Rights: Specific provisions for grid connection and associated responsibilities
3. Assignment Rights: Terms for transferring rights under the lease to third parties
4. Force Majeure: Provisions dealing with extraordinary events outside parties' control
1. Property Plan: Detailed site plans showing installation location and access routes
2. Technical Specifications: Details of solar installation equipment and technical requirements
3. Maintenance Schedule: Planned maintenance requirements and schedules
4. Planning Permissions: Copies of relevant planning permissions and consents
5. Insurance Requirements: Detailed insurance obligations for both parties
6. Decommissioning Plan: End of term removal and reinstatement requirements
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