Examples of Servitudes in a sentence
Mortgagor shall keep and continue, or cause to be kept and continued, all material Servitudes, estates and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied.
Without limiting the generality of the foregoing sentence, Mortgagor shall not release any of the material Servitudes without the prior written consent of Mortgagee.
Exhibit E - Page 14 of 33 Without limiting the generality of the foregoing sentence, Mortgagor shall not release any of the Servitudes without the prior written consent of Mortgagee.
In addition, this conveyance is subject to a continuing right of first refusal in favor of Supreme Rice, LLC (f/k/a Louisiana Rice Mill, L.L.C.) on the terms set forth in Section 4 of the Deed, Mineral Reservation, Grant of Servitudes, Right of First Refusal, and Option to Purchase from Louisiana Rice Mill, L.L.C. to Nutracea Corporation, effective as of September 16, 2006 and recorded on September 15, 2006, at COBE 62, Page 615 of the Acadia Parish official records.
Nothing contained herein shall prevent any Party from granting other servitudes or rights of way to third parties in connection with the ownership, leasing, maintenance, management or operation of its Parcel and its Improvements, so long as those servitudes or rights of way do not interfere with the rights of a Grantee under any of the Servitudes created under this Agreement or CSRC’s provision of the Services and access to the Common Use Assets as required by this Agreement.