Common use of TITLE TO PEDESTRIAN EASEMENTS Clause in Contracts

TITLE TO PEDESTRIAN EASEMENTS. The Landlord and Tenants and Subtenants as specified or designated by Landlord shall be designated as grantees in the Declaration of Easement to be granted by a tenant with respect to the Pedestrian Easements to be located upon its Building Site. Such Pedestrian Easements shall be for the benefit and enjoyment of the Landlord and the Tenants or Subtenants as specified or designated by Landlord. Notwithstanding anything contained herein to the contrary, the Tenant of any Building Site retains legal title to the leasehold estate encumbered by the Pedestrian Easements and shall maintain the same.

Appears in 4 contracts

Samples: Lease Agreement (Exagen Inc.), Lease Agreement (Exagen Diagnostics Inc), Lease Agreement (Exagen Diagnostics Inc)

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