Common use of Easements and Rights-of-Way Clause in Contracts

Easements and Rights-of-Way. Grantor shall not grant any easement or right-of-way with respect to all or any portion of the Real Estate or the Improvements without the prior written consent of Grantee. The purchaser at any foreclosure sale hereunder may, at its discretion, disaffirm any easement or right-of-way granted in violation of any of the provisions of this Security Deed and may take immediate possession of the Property free from, and despite the terms of, such grant of easement or right-of-way. If Grantee consents to the grant of an easement or right-of-way, Grantee agrees to grant such consent provided that Grantee is paid a standard review fee together with all other expenses, including, without limitation, attorneys' fees, incurred by Grantee in the review of Grantor's request and in the preparation of documents effecting the subordination.

Easements and Rights-of-Way. Grantor shall not grant any easement or right-of-way with respect to all or any portion of the Real Estate or the Improvements without the prior written consent of Grantee. The purchaser at any foreclosure sale hereunder may, at its discretion, disaffirm any easement or right-of-way granted in violation of any of the provisions of this Security Deed and may take immediate possession of the Property free from, and despite the terms of, such grant of easement or right-of-way. If Grantee consents to the grant of an easement or right-of-way, Grantee Xxxxxxx agrees to grant such consent provided that Grantee is paid a standard review fee together with all other expenses, including, without limitation, attorneys' fees, incurred by Grantee in the review of Grantor's request and in the preparation of documents effecting the subordination.