Reserved Easements definition

Reserved Easements means easements to be reserved by Seller with respect to certain T&D Assets and associated telecommunications facilities located on the site of the Acquired Assets, to be reserved in the Deeds pursuant to Section 5.2(f).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Reserved Easements means easements to be reserved by Seller with respect to certain T&D Assets and associated telecommunications facilities located on the site of the Acquired Assets, as set forth in Schedule 2.1(a), to be reserved in the Deeds substantially in the form to be agreed to by Seller and Buyer in accordance with Section 5.2(f).

Reserved Easements means easements to be reserved by the Seller with respect to certain T&D Assets and associated telecommunications facilities located on the site of the Acquired Assets, as set forth in Schedule 2.1(a) hereto, to be reserved in the Deeds by language substantially in the form attached hereto as Exhibit A-2.

Examples of Reserved Easements in a sentence

• City shall use good faith efforts to locate the Reserved Easements in a manner that does not interfere with the development of the Project based upon the Plans.

• To the extent affirmative action is necessary for Seller to acquire or reserve the easement ownership of the Reserved Easements or to establish or confirm easement title to the Reserved Easements in Seller, Purchaser and its Affiliates shall cooperate with Seller in such efforts, including executing all documents pertaining to the Reserved Easements as are reasonably requested by Seller.

• The mineral reservations described in this Section 9.6 (the “Reserved Mineral Interests”) will apply to the Timberlands located in the States of Arkansas and Mississippi and will be included or reflected in the Deeds, Reserved Easements, and/or Continuing Agreements.

• The legal descriptions and locations of the Reserved Easements will be subject to modification to conform to such final “as built” conditions.

• For the avoidance of doubt, the Excluded Sold Assets will include any Continuing Agreements, Reserved Easements, Reserved Mineral Interests, or Reserved Timber.

More Definitions of Reserved Easements

Reserved Easements means collectively (i) the easements with respect to the Contributed Timberlands described in Section 1.1(a)(i)(2) of the PC Disclosure Letter and (ii) the easements with respect to the Sold Timberlands described in Section 1.3(a)(i)(2) of the PC Disclosure Letter, and each such easement is referred to as a “Reserved Easement,” in each case, substantially in the form of Exhibit K.

Reserved Easements means such ingress and egress easements across the Timberlands, together with the right to locate utilities within the boundaries of ten (10) feet on either side of any such road used to exercise such easements, as may be reasonably necessary to allow Seller and its Affiliates, successors and assigns to use any portion of the real property retained by Seller for (i) growing and harvesting timber, (ii) hunting, fishing or other recreational uses (other than for the recreational use of off-road or all-terrain vehicles), or (iii) residential uses, including but not limited to residential developments, of such benefited real property, including the easements in respect of the Timberlands described in Section 1.2(a)(2) of Seller’s Disclosure Letter, collectively.

Reserved Easements means such ingress and egress easements across the Timberlands, together with the right to locate utilities within the boundaries of ten (10) feet on either side of any such road used to exercise such easements, as may be reasonably necessary to allow Seller and its Affiliates, successors and assigns to use any portion of the real property retained by Seller for growing and harvesting timber, including the easements in respect of the Timberlands described in Exhibit S attached hereto, collectively.

Reserved Easements has the meaning assigned to such term in the definition of Retained Assets.

Reserved Easements means, collectively, the easements in respect of the Owned Cash Timberlands described in Section 1.1(a)(2) of the Seller’s Disclosure Letter, together with the easements in respect of the Owned Installment Note Timberlands described in Section 1.2(a) of the Seller’s Disclosure Letter.

Reserved Easements has the meaning set forth in Section 15.

Reserved Easements means such ingress and egress easements across the Timberlands, together with the right to locate utilities within the boundaries of ten (10) feet on either side of any such road used to exercise such easements, as may be reasonably necessary to allow Seller and its Affiliates, successors and assigns to use any portion of the real property retained by Seller for (i) growing and harvesting timber, (ii) hunting, fishing or other recreational uses (other than for the recreational use of off-road or all-terrain vehicles), or (iii) residential, commercial or industrial development, in each case described in Section 1.2(a) of Seller’s Disclosure Letter, collectively.