Resource Documents by Prevailing Winds
Wind energy lease and wind easement agreement – Prevailing Winds, S. Dak.
This WIND ENERGY LEASE AND WIND EASEMENT AGREEMENT (this “Agreement”) is made, dated and effective as of the Effective Date (defined below), by and between Landowner (defined below) and PREVAILING WINDS, LLC, a South Dakota limited liability company (“Lessee”). 1. Basic Provisions. The following terms used in this Agreement have the meanings set forth below: 1.5 “Development Period Payments” – An annual payment equal to One and 25/100 Dollars ($1.25) per one (1) acre of the Property leased by Lessee under . . . Complete article »
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