Common use of Utility Easements Clause in Contracts

Utility Easements. Subject to Landlord's prior written approval (which approval shall not be unreasonably withheld, delayed, or conditioned), Tenant shall have the right to enter into agreements with utility companies creating easements in favor of such companies as are required in order to service the Premises and other improvements to be constructed on the Premises. Landlord agrees to join in the grant of such easements (covering the Land and the Premises) and to execute any and all documents, agreements and instruments in order to effect the same, all at Tenant's cost and expense, if required as a condition to the granting of the easement by the utility companies; provided, however, Landlord may refuse to approve, in its reasonable discretion, or refuse to join in the execution of any easement which materially and adversely affects Landlord's ability to later redevelop the Land or is prohibited by the EUL or Prime Sublease. The parties agree to use reasonable efforts to cause any encumbrances on the Premises or the Land to be subordinate to such easements, as may be required by any utility companies.

Appears in 2 contracts

Samples: Secondary Sub Lease, Secondary Sub Lease

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Utility Easements. Subject to Landlord's prior written approval (which approval shall not be unreasonably withheld, delayed, delayed or conditioned), Tenant shall have the right to enter into agreements with utility companies creating easements in favor of such companies as are required in order to service the Premises and other improvements to be constructed on the Premises. Landlord agrees to join in the grant of such easements (covering the Land and the Premises) and to execute any and all documents, agreements and instruments in order to effect the same, all at Tenant's cost and expense, if required as a condition to the granting of the easement by the utility companies; provided, however, Landlord may refuse to approve, in its reasonable discretion, or refuse to join in the execution of any easement which materially and adversely affects Landlord's ability to later redevelop the Land or is prohibited by the EUL or Prime Sublease. The parties agree to use reasonable efforts to cause any encumbrances on the Premises or the Land to be subordinate to such easements, as may be required by any utility companies.

Appears in 1 contract

Samples: Sub Lease

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Utility Easements. Subject to Landlord's prior written approval (which approval shall not be unreasonably withheld, delayed, delayed or conditioned), Tenant shall have the right to enter into agreements with utility companies creating easements in favor of such companies as are required in order to service the Premises and other improvements to be constructed on the Premises. Landlord agrees to join in the grant of such easements (covering the Land and the Premises) and to execute any and all documents, agreements and instruments in order to effect the same, all at Tenant's cost and expense, if required as a condition to the granting of the easement by the utility companies; provided, however, Landlord may refuse to approve, in its reasonable discretion, or refuse to join in the execution of any easement which materially and adversely affects LandlordXxxxxxxx's ability to later redevelop the Land or is prohibited by the EUL or Prime Sublease. The parties agree to use reasonable efforts to cause any encumbrances on the Premises or the Land to be subordinate to such easements, as may be required by any utility companies.

Appears in 1 contract

Samples: Sub Lease

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