Leases and Easements definition
Examples of Leases and Easements in a sentence
The contracts, agreements, leases and other legally binding rights and obligations of Grantor, to the extent such contracts, agreements, leases or other legally binding rights or obligations cover, include or relate to all or any portion of the Real Property or the Assets, if any, but excluding those contracts and agreements constituting Leases and Easements.
The Parties hereby agree to promptly enter into Leases and Easements with respect to each of the Initial Facilities.
For a period of one hundred and twenty (120) days after Closing, Sellers shall continue to use their reasonable efforts to obtain a consent to an assignment from Sellers to Purchaser of each Contract, each of the Leases and Easements and Permits that, but for the first sentence of this Section, would be assigned; provided, however, that Sellers shall not be required to pay any consideration or suffer any financial disadvantages to obtain such assignment.
Insofar as permitted by otherwise applicable law, this Assignment and all matters related thereto shall be governed by and construed under the laws of the State of Texas (without regard to conflict of law provisions thereof that would apply the provisions of the laws of another jurisdiction, provided, however that with regard to the construction and enforcement of this Assignment and any title to the Leases and Easements, the laws of the State of Montana shall apply.
Notwithstanding anything to the contrary herein, with respect to the East Stateline Ranch, the Term shall commence on the Effective Date and shall continue for so long as Operator (or its successors or permitted assigns) operates Facilities on East Stateline Ranch in accordance with the terms and conditions of the applicable Leases and Easements.
At Buyer’s request, Sellers will provide Buyer with continuing access to Sellers’ right-of-way files covering the Owned Real Estate, Real Property Leases and Easements.
Seller shall deliver to Buyer (in the manner reasonably directed by Buyer in writing) on the Effective Time originals where available of all Leases and Easements (unless the original is on file with the State of California or County of Contra Costa in which case Seller shall deliver a copy) and of all Contracts and Permits assigned to Buyer at the Closing.
Additionally, within 20 Business Days after Closing Seller shall deliver to the Buyer files containing physical copies of all title insurance policies, title opinions, title abstracts, deeds covering the Owned Real Property, and surveys in possession of Seller or its Affiliates or their Representatives relating to the Real Property, and physical copies of all Real Property Leases and Easements.
For a period of sixty (60) days after Closing, Seller shall continue to use its reasonable efforts to obtain a consent to an assignment from Seller to Buyer of each Contract, each of the Leases and Easements and Permits that, but for the first sentence of this Section 12.06, would be assigned; provided, however, that Seller shall not be required to pay any consideration or suffer any financial disadvantages to obtain such assignment.
The Disclosure Schedule contains an accurate and complete list of each Material Contract which is not otherwise listed in the Leases and Easements sections of the Disclosure Schedule (the "Commitments").