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22 r <br /> and tie Grantee hereby covenants and agrees that if it transfers <br /> or assigns the easement it holds under this indenture, the <br /> organization receiving the interest will be a qualified <br /> organization as that term is defined in Section 170(h) ( 3) of the <br /> Internal Revenue Code of 1986 (or any successor section) and the <br /> regulations promulgated thereunder organized and operated <br /> primarily for one of the conservation purposes specified in <br /> Section 170(h) (4) (A) of the Internal Revenue Code, and the <br /> Grantee further covenants and agrees that the terms of the <br /> transfer or assignment will be such that the transferee or <br /> assignee will be required to continue to carry out in perpetuity <br /> the conservation purposes that the contribution was originally <br /> intended to advance. <br /> 14 . Extinguishment. T4ie Grantor hereby agrees that, at the <br /> time of the conveyance of this Conservation Easement to the <br /> Grantee, this Conservation Easement gives rise to a real property <br /> right, immediately vested in the Grantee, with a fair market <br /> value of the Conservation Easement as of the date of the <br /> conveyance that is at least equal to the proportionate value that <br /> this Conservation Easement at the time of the conveyance bears to <br /> the fair market value of the property as a whole at that time. <br /> That proportionate value of the Grantee's property rights <br /> shall remain constant. When a change in conditions takes place <br /> which makes impossible or impractical any continued protection of <br /> the Protected Property for conservation purposes, and the <br /> restrictions contained herein are extinguished by judicial <br /> 14 <br />