LIMITATION AND SUBORDINATION OF RIGHTS GRANTED Sample Clauses

LIMITATION AND SUBORDINATION OF RIGHTS GRANTED. A. The foregoing grant of right is subject and subordinate to the prior and continuing right and obligation of the Railroad to use and maintain its entire property including the right and power of Railroad to construct, maintain, repair, renew, use, operate, change, modify or relocate railroad tracks, roadways, signal, communication, fiber optics, or other wirelines, pipelines and other facilities upon, along or across any or all parts of its property, all or any of which may be freely done at any time or times by Railroad without liability to Contractor or to any other party for compensation or damages.
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LIMITATION AND SUBORDINATION OF RIGHTS GRANTED. A. The foregoing grant is subject and subordinate to the prior and continuing right and obligation of Licensor to use and maintain its entire property including the right and power of Licensor to construct, maintain, repair, renew, use, operate, change, modify or relocate railroad tracks, signal, communication, fiber optics, or other wirelines, pipelines and other facilities upon, along or across any or all parts of its property, all or any of which may be freely done at any time or times by Licensor without liability to Licensee or to any other party for compensation or damages.
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LIMITATION AND SUBORDINATION OF RIGHTS GRANTED. 1.1 This grant of rights is subject and subordinate to the prior and continuing right and obligation of Licensor, its successors and assigns, to use all of its Property (defined to include any licensed portion of the Property), and to use and maintain its entire railroad right-of-way. There is reserved unto Licensor, its successors and assigns, the right to construct, maintain, repair, renew, use, operate, change, modify, or relocate railroad tracks, signals, communications equipment and lines, fiber optic or other wire lines, pipelines, and any other facilities upon, over, under, along, or across any or all parts of the Property, any of which may be freely done at any time by Licensor without liability to Licensee or to any other party for compensation or damages provided, however, that any of such uses installed or changed after the date of this agreement do not unreasonably interfere with the rights granted to Licensee herein, except that, in the event Licensor modifies its existing tracks or places new or additional tracks upon the licensed Property, Licensee shall, if deemed necessary by Licensor, and at Licensee’s sole cost and expense, modify the Pipeline to conform with the rail line, in accordance with section 4 below.
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LIMITATION AND SUBORDINATION OF RIGHTS GRANTED. A. The foregoing grant of right is subject and subordinate to the prior and continuing right and obligation of the Railroad to use and maintain its entire property including the right and power of Railroad to construct, maintain, repair, renew, use, operate, change, modify or relocate railroad tracks, roadways, signal, communication, fiber optics, or other wirelines, pipelines and other facilities upon, along or across any or all parts of its property, all or any of which may be freely Exhibit B Page 1 of 4 done at any time or times by Railroad without liability to Contractor or to any other party for compensation or damages.
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LIMITATION AND SUBORDINATION OF RIGHTS GRANTED. 2.1 The foregoing grant of right is subject and subordinate to any prior and continuing right and obligation of Railroad to use and maintain all or some portion of the Railroad’s Right-of-Way, including the right and power of Railroad to construct, maintain, repair, renew, use, operate, change, modify, or relocate railroad tracks, signals, communications equipment and lines, and other railroad facilities upon, along, or across any or all parts of Railroad’s Right-of-Way, all or any of which may be freely done at any time or times by Railroad without liability to Contractor or to any other party for compensation or damages.
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LIMITATION AND SUBORDINATION OF RIGHTS GRANTED. The foregoing grant of right is subject and subordinate to the prior and continuing right and obligation of the Licensor to use and maintain its entire property including the right and power of the Licensor to construct, maintain, repair, renew, use, operate, change, modify or relocate railroad tracks, signal, communication, fiber optics, or other wirelines, pipelines and other facilities upon, along or across any or all parts of its property, all or any of which may be freely done at any time or times by the Licensor without liability to the Licensee or to any other party for compensation or damages. The foregoing grant is also subject to all outstanding superior rights (including those in favor of licensees and lessees of the Licensor's property, and others) and the right of the Licensor to renew and extend the same, and is made without covenant of title or for quiet enjoyment.
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LIMITATION AND SUBORDINATION OF RIGHTS GRANTED 
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Related to LIMITATION AND SUBORDINATION OF RIGHTS GRANTED

  • Limitation of Rights of Holders Except as set forth in Section 9.2, the death, bankruptcy, termination, dissolution or incapacity of any Person having an interest, beneficial or otherwise, in Trust Securities shall not operate to terminate this Trust Agreement, nor annul, dissolve or terminate the Trust nor entitle the legal representatives or heirs of such Person or any Holder for such Person, to claim an accounting, take any action or bring any proceeding in any court for a partition or winding up of the arrangements contemplated hereby, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them.

  • Termination of Rights The right of first refusal granted the --------------------- Company by Section 3(b) above and the option to repurchase the Shares in the event of an involuntary transfer granted the Company by Section 3(c) above shall terminate upon the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act. Upon termination of the right of first refusal described in Section 3(b) and the expiration or exercise of the Repurchase Option, a new certificate or certificates representing the Shares not repurchased shall be issued, on request, without the legend referred to in Section 6(a)(ii) below and delivered to Purchaser.

  • Reservation of Rights NYISO and Connecting Transmission Owner shall have the right to make unilateral filings with FERC to modify this Agreement with respect to any rates, terms and conditions, charges, classifications of service, rule or regulation under section 205 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder, and Developer shall have the right to make a unilateral filing with FERC to modify this Agreement pursuant to section 206 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder; provided that each Party shall have the right to protest any such filing by another Party and to participate fully in any proceeding before FERC in which such modifications may be considered. Nothing in this Agreement shall limit the rights of the Parties or of FERC under sections 205 or 206 of the Federal Power Act and FERC’s rules and regulations thereunder, except to the extent that the Parties otherwise mutually agree as provided herein.

  • Limitation of Agreement This Agreement is limited to and includes only the work included in the Project described above.

  • Nonwaiver of Rights No waiver of default by either party of any of the terms, covenants, and conditions hereof to be performed, kept, and observed by the other party shall be construed as, or shall operate as, a waiver of any subsequent default of any of the terms, covenants, or conditions herein contained, to be performed, kept, and observed by the other party.

  • Restoration of Rights and Remedies If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Company, the Trustee and the Holders shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted.

  • Retention of Rights 36.1 Clauses 5.2(b),6,7,8,9,11,12, 13, 14, 15 16, 22, 23, 35.1, 37 and 38 of this Section 2 and any relevant clauses listed under Section 4 shall continue in force following the termination of this Contract.

  • Allocation of Rights (1) Except as provided in paragraph (c) of this clause regarding copyright, the Government shall have unlimited rights in—

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