Telecommunication Easement Sample Clauses
A Telecommunication Easement is a legal provision that grants a telecommunications company the right to install, maintain, and operate communication infrastructure—such as cables, wires, or equipment—on a property owner's land. This easement typically specifies the exact area of the property affected and outlines the permitted activities, such as access for repairs or upgrades. Its core function is to ensure that telecommunication services can be reliably provided while clarifying the rights and responsibilities of both the property owner and the service provider, thereby preventing disputes and facilitating infrastructure development.
Telecommunication Easement. Seller agrees that at any time within twelve (12) months after the Closing (the "Telecommunications Easement Period"), if requested by Purchaser in writing and subject to the conditions set forth below, Seller shall grant a non-exclusive easement (the "Telecommuncations Easement") for the installation of telecommuncations equipment over and across the 5 Omni Way Parcel and con▇▇▇▇▇▇▇ ▇he 2 Omni Way Building to the ▇▇▇▇▇▇▇▇. ▇▇▇▇▇▇▇nally, if at the time the Telecommunications Easement is executed Purchaser, as tenant, has entered into a binding, written lease of the building located at 4 Omni Way, Chelmsford, ▇▇▇▇▇▇▇▇▇▇▇▇▇ (▇▇▇ "▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇g"), then at Purchaser's written request the Telecommunications Easement shall also serve to connect the 4 Omni Way Building to the ▇▇▇▇▇▇▇▇. ▇▇▇ ▇▇▇▇communications Easement shall survive only for so long as Purchaser remains a tenant of the 2 Omni Way Building or the 4 Omni Way Building. Sell▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ agree that the form of written instrument evidencing the Telecommunications Easement shall be in a form which is usual and customary for easements of this type (subject to each party's reasonable approval and subject to the requirements of this Section 12.23) and further agree to negotiate in good faith in order to reach a mutually acceptable form of Telecommunications Easement instrument. Additionally, the location of the Telecommunications Easement across the 5 Omni Way Parcel shall be ▇▇ ▇▇▇▇▇▇ed by Seller, at Seller's sole but reasonable discretion. Final approval of the Telecommunications Easement is and shall be conditioned on the current tenant of the 5 Omni Way Parcel, Sun Microsystems, and Seller's Lender each consenting in writing to the Telecommunications Easement. Seller shall use reasonable efforts to cause Sun Microsystems and Seller's Lender each to consent in writing to the Telecommunications Easement as soon as reasonably possible after Seller and Purchaser have agreed on the form and location of the Telecommunications Easement, but Seller shall not be obligated to incur any material cost or expense whatsoever in connection therewith. All costs associated with the installation of any telecommunications equipment and the perpetual maintenance thereof shall be borne solely by Purchaser, and Purchaser shall indemnify Seller from and against any and all claims, demands, liabilities, causes of action, suits, judgments, damages and expenses (including attorneys' fees) arising from the Telecommunicat...