Utility Easements. As a condition to the Element City Approval for each Element on the Development Property, Assignee shall grant to the City at no cost an easement burdening the applicable portion of the Development Property as reasonably deemed necessary by the City for the occupancy, access, operation, maintenance, repair and replacement of any co-located or adjacent site utilities in substantially the form of that certain Central Stormwater Easement dated December , 2019 and recorded in the Recording Office as Document No. , but limited to the requirements of the applicable Site Utilities. No such easement may materially interfere with the reasonable use and enjoyment of the burdened Lot by Assignee, its successors or assigns, or each of their respective employees, managers, contractors, subcontractors of any tier, tenants (and subtenants of any tier), licensees or invitees (collectively, the “Assignee Parties”).
Appears in 2 contracts
Samples: Memorandum of Redevelopment Agreement, Assignment and Assumption of Secondary Developer Obligations
Utility Easements. As a condition to the Element City Approval for each Element on the Development Property, Assignee Xxxxxxx shall grant xxxxx to the City at no cost an easement burdening the applicable portion of the Development Property as reasonably deemed necessary by the City for the occupancy, access, operation, maintenance, repair and replacement of any co-located or adjacent site utilities in substantially the form of that certain Central Stormwater Easement dated December , 2019 and recorded in the Recording Office as Document No. , but limited to the requirements of the applicable Site Utilities. No such easement may materially interfere with the reasonable use and enjoyment of the burdened Lot by AssigneeXxxxxxx, its successors or assigns, or each of their respective employees, managers, contractors, subcontractors of any tier, tenants (and subtenants of any tier), licensees or invitees (collectively, the “Assignee Xxxxxxx Parties”).
Appears in 1 contract
Samples: To Redevelopment Agreement
Utility Easements. As a condition to the Element City Approval for each Element on the Development Property, Assignee Xxxxxxx shall grant to the City at no cost an easement burdening the applicable portion of the Development Property as reasonably deemed necessary by the City for the occupancy, access, operation, maintenance, repair and replacement of any co-located or adjacent site utilities in substantially the form of that certain Central Stormwater Easement dated December , 2019 and recorded in the Recording Office as Document No. , but limited to the requirements of the applicable Site Utilities. No such easement may materially interfere with the reasonable use and enjoyment of the burdened Lot by AssigneeXxxxxxx, its successors or assigns, or each of their respective employees, managers, contractors, subcontractors of any tier, tenants (and subtenants of any tier), licensees or invitees (collectively, the “Assignee Xxxxxxx Parties”).
Appears in 1 contract
Samples: To Redevelopment Agreement