Nature of Easements Sample Clauses

Nature of Easements. (a) Appurtenance. Each Easement is appurtenant to the Real Property (“Benefitted Property”); and (ii) is granted for the purposes set forth in Section 3.02, and for no other purpose whatsoever.
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Nature of Easements. All easements granted hereunder shall exist by virtue of this REA, without the necessity of confirmation by any other document. Likewise, upon the termination of any easement (in whole or in part) or its release in respect of all or any part of a Parcel, the same shall be deemed to have been terminated or released without the necessity of confirmation by any other document. However, upon the request of any Party, the other Party will sign and acknowledge a document memorializing the existence (including the location and any conditions to the granting or exercise), or the termination (in whole or in part), or the release (in whole or in part), as the case may be, of any easement, if the form and substance of the document is acceptable to the Party requesting the same. Any Grantor may, and at the written request of a Party hereto shall, at the Grantor's expense (which shall constitute Operating Expenses under and as defined in the Revenue Sharing Agreement) cause to be prepared and recorded a survey showing the location of the permanent easements granted hereunder in the Grantor's Parcel. SECTION 3.3
Nature of Easements. The Easements, and the benefits thereof, for the Term,: (i) are non-revocable by Rebar or any successor in interest to the Burdened Property or any portion thereof; and (ii) shall inure to the benefit of City and Rebar; provided, however, member of the public shall not have any right to make a claim under this Agreement with respect to Easements.
Nature of Easements. The Easements created in this Agreement are nonexclusive, although Grantor shall not undertake any actions which would unreasonably interfere with Grantee’s rights of use of such Easements as provided herein, and provided further that Grantor shall not grant any other Easement to third parties, which would allow the third party to use the Easement Area(s) or any temporary Easement Area in a manner which would unreasonably interfere with Grantee’s rights of use of such Easement(s) as provided herein. Without limiting the generality of the foregoing, Grantor agrees that it will not build, construct, install or create (or allow others to build, construct, install or create) any building, structure, or other improvements (including landscaping) within the Easement Area(s) which would unreasonably interfere with or impair the rights of Grantee under this Agreement. Grantee shall not use the Easement Area(s) or any temporary Easement Area in a manner which will unreasonably interfere with Grantor’s reasonable use of the Burdened Property. If either party violates the foregoing restrictions, in addition to any other rights or remedies, the non-violating party is afforded a “self-help” remedy to remove the buildings, structures or other improvements (including landscaping), or to re-grade the land, if required, and the cost of the foregoing shall be payable by the violating party to the non-violating party immediately upon demand.
Nature of Easements. The Easements, and the benefits thereof, for the Term,: (i) are non-revocable by Authority and Company or any successor in interest to the Burdened Property or any portion thereof; and (ii) shall inure to the benefit of City; provided, however, members of the public shall not have any right to make a claim under this Agreement with respect to the Parking Lot.

Related to Nature of Easements

  • Reciprocal Easement Agreements (a) Neither Borrower, nor any other party is currently in default (nor has any notice been given or received with respect to an alleged or current default) under any of the terms and conditions of the REA, and the REA remains unmodified and in full force and effect;

  • Lease Agreements 13.1 The Customer shall provide FPL a copy of the lease agreement, as applicable, for any and all leased interconnection equipment.

  • Property Management Agreement The Property Management Agreement is in full force and effect and, to Borrower's Knowledge, there are no defaults thereunder by any party thereto and no event has occurred that, with the passage of time and/or the giving of notice would constitute a default thereunder.

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Landlord and Storage Agreements Upon request, provide Agent with copies of all existing agreements, and promptly after execution thereof provide Agent with copies of all future agreements, between an Obligor and any landlord, warehouseman, processor, shipper, bailee or other Person that owns any premises at which any Collateral may be kept or that otherwise may possess or handle any Collateral.

  • Landlord Agreements Each Credit Party shall use commercially reasonable efforts to obtain a landlord agreement or bailee or mortgagee waivers, as applicable, from the lessor of each leased property, bailee in possession of any Collateral or mortgagee of any owned property with respect to each location where any Collateral is stored or located, which agreement shall be reasonably satisfactory in form and substance to Agent.

  • Scope of Covenants The Company and the Executive further acknowledge that the time, scope, geographic area and other provisions of this Section 5 have been specifically negotiated by sophisticated commercial parties and agree that all such provisions are reasonable under the circumstances of the activities contemplated by this Agreement. In the event that the agreements in this Section 5 shall be determined by any court of competent jurisdiction to be unenforceable by reason of their extending for too great a period of time or over too great a geographical area or by reason of their being too extensive in any other respect, they shall be interpreted to extend only over the maximum period of time for which they may be enforceable and/or over the maximum geographical area as to which they may be enforceable and/or to the maximum extent in all other respects as to which they may be enforceable, all as determined by such court in such action.

  • Ground Lease Reserved.

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

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