Examples of Fee Property in a sentence
Tenant is the owner of four buildings that straddle the lot line between the Property and the Fee Property and, therefore, lie in part on public trust tidelands.
From and after the date the Easements have been established, any reconfiguration of the parking area, utility conduits or facilities, or public access improvements within the area of the Easements which Tenant desires to undertake on the Fee Property shall be at Tenant’s sole cost and shall be subject to Landlord’s review and approval, which approval shall not be unreasonably withheld.
Landlord and Tenant acknowledge and agree that Landlord desires additional easements over the Fee Property for (i) public access and vehicular and pedestrian access over the easements areas shown on Exhibit D attached hereto; and (ii) utility easements to accommodate connection of the utilities in place on Lease Area A and Lease Area B to utilities in place on and under Xxxxxxx Avenue.
A memorandum of this Agreement shall be recorded as an encumbrance against the Fee Property within ten days of the last signature required by this Agreement and a memorandum of this Agreement shall be recorded as an encumbrance against the Option Property at such time as fee title to the Option Property is acquired by the Company.
This indemnity section shall be a burden on the Fee Property and run with the land.