Perpetual Easements definition

Perpetual Easements has the meaning set forth in Section 4.26.
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Perpetual Easements means the perpetual easements for occupancy owned by the Company or any Company Subsidiary, all of which are described on Schedule 4.17(c)(1). If a single easement agreement grants both a Perpetual Easement and also access or utility easements benefiting the land subject to the Perpetual Easement, then for purposes of this Agreement such access and utility easements shall be deemed Easements, but not Perpetual Easements, notwithstanding that they are granted pursuant to the same instrument as the related Perpetual Easement.
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Examples of Perpetual Easements in a sentence

  • At Closing, the interest of the Company or such Company Subsidiary in such Perpetual Easements and Lease Buyout Sites shall be free and clear of all Liens, excepting only the Permitted Exceptions and Liens created by Parent, Merger Sub or any of their respective Affiliates.

  • The interest of the Company or such Company Subsidiary in such Perpetual Easements and Lease Buyout Sites is not subject to any Liens other than Permitted Exceptions and Liens thereon which will be discharged at or prior to the Closing or are created by or through Parent, Merger Sub or any of their Affiliates.

  • Except as set forth on Schedule 4.17(c)(2), the Company or a Company Subsidiary, as applicable, is the original grantee (or has validly succeeded to the rights of the grantee) under each of the Perpetual Easements and Lease Buyout Sites set forth on Schedule 4.17(c)(1), has good title to such Perpetual Easements and Lease Buyouts and is the sole owner of the Improvements located thereon.

  • An assignment agreement prepared by Buyer's counsel, in form and substance acceptable to Seller, assigning, conveying and transferring to Buyer without warranty the Perpetual Easements.