New Easement Sample Clauses

New Easement. If the Easement is rejected by a trustee or debtor-in- possession in any bankruptcy or insolvency proceeding or the Easement is terminated as a result of any uncured default, and within one hundred twenty (120) days after such rejection or termination Grantee or any Assignee (including any lenders in connection with the financing of the Windpower Facilities) shall have arranged to the reasonable satisfaction of Owner for the cure of all defaults that are susceptible of cure (including the payment of all fees or other charges due and payable by Grantee or other Assignees as of the date of such rejection or termination), then Owner shall execute and deliver to Grantee or such Assignee, as the case may be, a new easement agreement for the Property which (a) shall be for a term equal to the remainder of the Term of the Easement before giving effect to such rejection or termination, (b) shall contain the same covenants, agreements, terms, provisions and limitations as this Agreement (except for any requirements that have been fulfilled by Grantee or any Assignee prior to rejection or termination of the Easement), (c) shall enjoy the same priority as this Agreement over any lien, encumbrance or other interest created by Owner, and (d) shall include that portion of the Windpower Facilities in which Grantee or such other Assignee had an interest on the date of rejection or termination. The provisions of this Section 11.6 shall survive the termination or rejection of this Agreement.
Sample 1
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New Easement. Tract 5 shall be subject to (and Tract 3 shall have the benefit of) a new easement for the use, installation, repair, maintenance and replacement of: (a) underground water lines on Tract 5 serving the Tract 3 Irrigation System; and (b) the water pump and electric lines on Tract 5 serving the Tract 3 Irrigation System, including the right of entry for such purposes. The new easement shall be created by grant and/or reservation in the applicable deeds and/or pursuant to a separate instrument prepared by an attorney on behalf of Seller, to be executed and recorded prior to the first conveyance of either Tract 3 or Tract 5.
Sample 1
New Easement. Within five (5) days following Completion of the Corrective Work, CalPortland and Town shall enter into the form of Easement Agreement attached hereto as Exhibit F (the “New Easement Agreement”) and shall promptly cause the same to be recorded in the Official Records.
Sample 1

Related to New Easement

  • Grant of Easement Subject to clauses 2 to 4 inclusive of this Part, the Water Authority will grant to the Joint Venturers an easement over the Water Authority Land in accordance with clause 5 of this Part.

  • Reciprocal Easement Agreements (a) Neither Borrower, nor any other party is currently in default (nor has any notice been given or received with respect to an alleged or current default) under any of the terms and conditions of the REA, and the REA remains unmodified and in full force and effect;

  • Grant of Easements Provided no Event of Default has occurred and is continuing, Landlord will join in granting and, if necessary, modifying or abandoning such rights-of-way, easements and other interests as may be reasonably requested by Tenant for ingress and egress, and electric, telephone, gas, water, sewer and other utilities so long as:

  • Utility Easements 2.1 Some properties may at the discretion of the Developer be subject to easements in favour of suppliers of water, power, gas, telephone, internet and wastewater utilities and services, including SaskPower for location of a transformer and SaskTel. The Property Owner acknowledges that the location of any transformer and which lots will be affected by any such easements, will not be known until such utility and service providers complete their design work and the Developer has negotiated the terms and conditions thereof. The Property Owner further specifically acknowledges and agrees that the Property may be subject to any such easement, and that the same shall not affect or result in a decrease or abatement of the purchase price of the Property.

  • Easement To the extent applicable, Owner agrees to grant to Bell a non-exclusive easement and statutory right of way and/or a path to the property line from the Building, as the case may be and in or through the Equipment Space if it is determined that a fibre optic cable or such other Equipment must be installed to the Building and/or in the Equipment Space. Owner and Bell shall in advance, agree upon a suitable location to install the fibre optic cable on the property of the Owner. Owner agrees to allow Bell to register, at Xxxx'x expense, the easement and right of way, and/or notice of this Agreement.

  • No Light, Air or View Easement Any diminution or shutting off of light, air or view by any structure which may be erected on lands adjacent to or in the vicinity of the Building shall in no way affect this Lease or impose any liability on Landlord.

  • Lease Amendment The Lease shall be amended or modified by a written rider to the Lease signed by both parties, except for the following:

  • Ground Lease Reserved.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Condition of Leased Premises Tenant hereby acknowledges that Xxxxxx has examined the leased premises prior to the signing of this Lease, or knowingly waived said examination. Tenant acknowledges that Tenant has not relied on any representations made by Landlord or Landlord’s agents regarding the condition of the leased premises and that Tenant takes premises in its AS-IS condition with no express or implied warranties or representations beyond those contained herein or required by applicable Georgia law. Xxxxxx agrees not to damage the premises through any act or omission, and to be responsible for any damages sustained through the acts or omissions of Tenant, Xxxxxx’s family or Xxxxxx’s invitees, licensees, and/or guests. If such damages are incurred, Tenant is required to pay for any resulting repairs at the same time and in addition to the next month’s rent payment, with consequences for non-payment identical to those for non- payment of rent described herein. At the expiration or termination of the Lease, Tenant shall return the leased premises in as good condition as when taken by Tenant at the commencement of the lease, with only normal wear-and-tear excepted. Modification Of This Lease Any modification of this lease shall not be binding upon Landlord unless in writing and signed by Landlord or Landlord’s authorized agent. No oral representation shall be effective to modify this Lease. If, as per the terms of this paragraph, any provision of this lease is newly added, modified, or stricken out, the remainder of this Lease shall remain in full force and effect.

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