Term of Easements Sample Clauses

Term of Easements. The Construction Easement shall be effective as of the date hereof and continue until completion of construction of the Detention Systems and during any period of reconstruction or relocation of the Detention Systems. The Storm Water Easement shall commence as of the date hereof continue for so long as such easement is necessary for the operating, monitoring, repairing and replacing of the Detention Systems on the Grantor Property.
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Term of Easements. (a) This Agreement shall be effective as to all Parties as of the date of its execution as set forth in the opening paragraph. The Term of this Agreement and the Easements provided hereunder shall commence, for each of MGE Power and WPPI, upon the closing of the acquisition of an ownership interest in Unit 2 by MGE Power and WPPI, respectively, pursuant to Article IV of the Unit 2 Ownership Agreement. The Term of this Agreement and the Easements provided hereunder shall commence, for WEPCO, upon the first of such closings. Subject to Section 5.2 below, the Term of this Agreement and the Easements provided hereunder shall continue for each Grantee for so long as such Grantee, or its successors and/or assigns as permitted under the Ownership Agreements, shall be an owner of an undivided interest in Unit 2 and/or the New Common Facilities, or until WEPCO and a Grantee agree in writing to terminate this Agreement as between them, whichever occurs first. Upon the termination of a Grantee’s (or a Grantee’s successor’s and/or permitted assign’s) ownership interest in Unit 2 and/or the New Common Facilities, such Grantee's respective rights (but not accrued liabilities) under this Agreement shall automatically terminate.
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Term of Easements. The Easements shall expire when Grantee no longer requires the use of the Easements and the final reclamation of the Pipeline Lands and the CGF #1 Lands is completed pursuant to paragraph 3 hereof. Upon the expiration of the term hereof, Grantee shall promptly execute and file a release hereof in the real property records of Sublette County, Wyoming.
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Term of Easements. The access easements granted herein and related maintenance obligations set forth herein shall be revocable solely in the event Grantee fails to perform its obligations as specified in this Agreement. The construction easement granted herein shall terminate upon final construction of the Road Improvements in accordance with the Plans and Specifications, and acceptance of the Road Improvements by Grantor. Should Grantor believe that Xxxxxxx has defaulted in any of its obligations hereunder, Grantor shall provide Grantee written notice of such default. Grantee shall have thirty (30) days to cure such default, unless such default is of such a nature that it cannot reasonably be cured within 30 days, in which event Grantee must commence curative action within such 30 day period and diligently and continuously pursue such action until all defaults are cured. If Grantee disagrees with Xxxxxxx’s claim of a default hereunder, Xxxxxxx shall notify Grantor in writing of such disagreement within ten (10) days of receipt of Grantor’s default notice, along with an explanation of why Xxxxxxx believes that no default has occurred. Grantor shall not be entitled to exercise its remedy of revocation at any time that a good faith dispute exists with respect to the occurrence of an Event of Default. If a dispute arises out of or relates to this Agreement, or the breach thereof, and if the dispute cannot be settled through negotiation, the parties agree first to try in good faith to settle the dispute by mediation before resorting to arbitration, litigation, or some other chosen dispute resolution procedure. All claims, disputes, or other matters in controversy arising out of or related to this Agreement shall be subject to mediation as a condition precedent to the chosen form of binding dispute resolution. Unless the parties mutually agree otherwise, any mediation shall be administered by the American Arbitration Association. A request for mediation shall be made in writing, delivered to the other party to the Agreement, and filed with the person or entity administering the mediation. The request may be made concurrently with the filing of binding dispute resolution proceedings but, in such event, mediation shall proceed in advance of binding dispute resolution proceedings, which shall be stayed pending mediation for a period of 60 days from the date of filing, unless stayed for a longer period by agreement of the parties or court order. The parties shall share all costs of m...
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Term of Easements. The reciprocal easements and rights of way granted in this Agreement are perpetual and shall be appurtenant to and run with the title to the District Tract and the Temple Tract. Each party to this Agreement hereby binds itself and its successors and assigns to warrant and forever defend the reciprocal easements and rights of way granted in this Agreement unto the other party, and their successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof, by, through, or under the District and the Temple, respectively, but not otherwise.
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Term of Easements. The easements granted herein shall be in perpetuity; 22 provided however, in the event of a casualty in which the Mixed Use Project and City Parking 23 Structure are damaged or destroyed and the Owners and their respective Mortgagees elect not to 24 rebuild the Mixed Use Project as provided in the Mixed Use Declaration, then this Agreement 25 and all rights and easements granted under this Article shall terminate as provided in Article 7.
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Term of Easements 
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Related to Term of Easements

  • 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:

  • 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;

  • 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.

  • TERM OF LEASE This Lease shall commence on the date of ________ and shall continue until its natural termination under this part on the date of ________ at 11:59 PM. After the date of termination, this Lease shall automatically renew and shall continue for the same term amount until Landlord or Tenant undertake cancellation of this Lease in writing. At the expiration of this Lease, Tenant shall be responsible for providing a forwarding address to Landlord to receive any funds owed or other notices.

  • Initial Lease Term The Initial Lease Term is for a minimum of ten (10) years; however, the State will consider a longer lease term if economic benefits are deemed to be in the State’s best interest. Please propose a fixed, or flat, rental rate for a Gross Lease: including all expenses – taxes, insurance, janitorial services, maintenance, etc. The State may elect to pay for utilities separately so please include a cost per square foot to reduce the rental rate if such occurs.

  • 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.

  • Term of Agreement and Renewals The Agreement with TIPS is for approximately three (3) years with an option for renewal for an additional one

  • Extension of Lease Term The Original Lease Term is hereby extended for a period of eighteen (18) months continuing through and including November 30, 2022 (the “Extension Term” and the Original Lease Term as so extended by the Extension Term, the “Lease Term”).

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment.

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