This form is used when Grantor grants to Grantee, its successors and assigns, a right of way and easement (the Easement ) to install and operate a gas processing and treatment facility and gas liquids extraction plant, including all tanks, pumps, pipelines and other material and equipment necessary to use the facility and plant for gas processing and treating any extraction of liquid hydrocarbons (the Plant ), on, over, and across real property.
Tennessee Easement Agreement and Damage Release for Installation of Gas Processing and Treating Facility: A Comprehensive Guide Overview: The Tennessee Easement Agreement and Damage Release for the installation of a Gas Processing and Treating Facility is a legal document that outlines the rights and responsibilities of the parties involved when granting an easement for the installation of such facilities. This agreement ensures the protection of the property owner's rights while allowing gas processing and treating companies to construct and operate their facilities seamlessly. Keywords: Tennessee, easement agreement, damage release, gas processing, gas treating facility, installation, legal document, rights, property owner, agreement Types of Tennessee Easement Agreement and Damage Release: 1. Surface Easement Agreement: This type of easement agreement provides the gas processing and treating facility with the right to use the surface of the property for the construction and operation of their facilities. It outlines the specific terms and conditions related to the usage, maintenance, and potential compensation for any damages caused to the surface area during the installation process. 2. Subsurface Easement Agreement: This agreement grants the gas processing and treating facility the right to access and utilize the subsurface area of the property. It governs the rights, obligations, and potential compensations related to the facility's underground pipelines, storage tanks, or other subsurface infrastructure. 3. Right-of-Way Easement Agreement: This type of agreement grants the gas processing and treating facility the right to create, maintain, and use a specific pathway or thoroughfare across the property owner's land. It details the terms concerning the width, boundaries, construction, maintenance responsibilities, and compensation for any damages caused to the property during the development and use of the right-of-way. Key Elements of the Tennessee Easement Agreement and Damage Release: 1. Identification of Parties: The agreement clearly identifies and acknowledges the involved parties, including the gas processing and treating facility and the property owner(s). 2. Purpose and Scope: This section states the purpose of the easement, such as constructing and operating a gas processing and treating facility, and outlines the areas of the property that will be affected. 3. Easement Description: Precise details of the easement that include the specific location of the gas processing and treating facility, the size and dimensions of the structures, and any rights/grants associated with the agreement. 4. Rights and Responsibilities: The agreement lists the allowed activities, rights, and limitations for both parties, ensuring the facility's compliance with legal regulations and environmental laws. 5. Compensation and Damages: Provision for compensating the property owner for any damages caused during the installation or operation of the facility, such as loss of land value, disruption to daily activities, or property maintenance expenses. 6. Maintenance and Access: This section specifies the obligations and responsibilities of the gas processing and treating facility concerning facility maintenance, inspections, and access rights for repairs or upgrades. 7. Term and Termination: The duration of the easement agreement is addressed, including provisions for termination under specific circumstances, such as default, breach of contract, or project completion. 8. Indemnification and Liability: The agreement defines the liability of each party in case of accidents, injuries, or property damage caused by the construction or operation of the gas processing and treating facility, ensuring the property owner is not held responsible for such incidents. Conclusion: The Tennessee Easement Agreement and Damage Release for the installation of a Gas Processing and Treating Facility is a critical legal document that protects the rights and interests of both the gas processing company and the property owner(s). By detailing the rights, obligations, and potential compensation, this agreement facilitates a smooth installation process while safeguarding against any adverse effects on the property and its owners' well-being.
