FINAL LOCATION Sample Clauses

FINAL LOCATION. The final location of the ROW Easements and the boundaries of the Leased Premises are subject to (a) final design of the developments contemplated to occur within the IMA Project and ASC Project, (b) agreement of the Parties as to location and boundaries, and (c) receipt of all necessary approvals by planning authorities for the design and location of the ROW Easements and boundaries. Therefore, consistent with the provisions of Section 1.01 hereof, the Parties agree to work together in good faith to establish final locations and boundaries as rapidly as reasonably possible and to accommodate the needs of both Parties and their respective developments. Upon approval of final plat design by planning authorities, but prior to recordation of the final plats, the Parties shall execute, deliver and record with the appropriate recording offices final definitive descriptions of the ROW Easement locations and boundaries of the Leased Premises in form acceptable to the Parties based upon the designs reflected in the final plat. The Leased Premises shall include not only the actual location of Ski Improvements, but also a reasonable buffer area in and around the Ski Improvements to allow for nominal relocation, improvement and use of the Ski Improvements in a fashion consistent with first class ski resort operations. ASC and IMA will negotiate in good faith the location and extent of any buffer area reasonably necessary for such Ski Improvements.