Subject Easements definition

Subject Easements has the meaning given such term in Paragraph V.
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Subject Easements has the meaning given such term in Paragraph IV under the heading of “Conveyance and Grant of Lien” in this Mortgage.
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Subject Easements has the meaning given such term in Paragraph IV under the heading of “Conveyance and Grant of Lien” in this Deed of Trust.
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Examples of Subject Easements in a sentence

  • Operate the Mortgaged Property, or cause it to be operated, in a careful and efficient manner in accordance with the practices of the industry and in compliance with all Subject Leases, Subject Contracts, Subject Easements, and laws.

  • Maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect and not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Grantor will perform all of Grantor’s obligations under and maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect, and Grantor will not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Timely perform all obligations under, and not violate any of, the Subject Leases, Subject Interests, Subject Contracts or Subject Easements.

  • Maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect and not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject of Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Without limitation of the right of Purchaser to conduct any investigations of the Subject Interests, Purchaser may conduct an environmental assessment of the lands covered by the Subject Leases and the lands covered by the Subject Easements.

  • Grantor will operate the Mortgaged Property, or cause it to be operated, in a careful and efficient manner in accordance with the practices of the industry and in compliance with all Subject Leases, Subject Contracts, Subject Easements, and Laws.

  • The portion of the Purchase Price allocable to HHOC shall be allocated among tangibles and reserves comprising the Subject Interests as follows: (a) ninety-seven percent (97%) of such portion of the Purchase Price shall be attributed to the interest of HHOC in the Subject Leases, the Subject Easements, and the Subject Contracts and (b) three percent (3%) of such portion of the Purchase Price shall be attributed to the Subject Lease Equipment, the Subject Pipeline Equipment, and other personal property.

  • Mortgagor will perform all of Mortgagor’s obligations under and maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect, and Mortgagor will not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Upon the Closing, Purchaser expressly agrees to assume and perform (and to indemnify all Seller Indemnitees with respect to) all obligations of HHOC under any of the Subject Contracts arising from operation of the Subject Leases or the pipelines located on the Subject Easements on and after the Closing Date.

Related to Subject Easements

  • Utility easement means a right held by a facility operator to install, maintain, and access an underground facility or pipeline.

  • Easements has the meaning set forth in Section 2.1.3.

  • Easement Agreement means any conditions, covenants and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Parcel 2 A NON-EXCLUISVE EASEMENT FOR INGRESS AND EGRESS OVER LOT 11 OF RENWICK PLAXX, XXXXX X XXXXXXXXXXX XX PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEROF RECORDED AUGUST 14, 1998, AS DOCUMENT NUMBER R98-094653, AND OVER LOT 15 IN THE RESUBDIVISON OF LOT 8 OR RENWICK PLACE, BEING A XXXXXXIVISION OF PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED DECEMBER 29, 1999, AS DOCUMENT R99-157784, IN WILL COUNTY, ILLINOIS. PARCEL 3: A NON-EXCLUSIVE EASEMENT FOR PARKING OVER ALL LOTS CONTAINED IN RENWICK PLACE, BEING A SXXXXXXXION OF PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED AUGUST 14, 1998, AS DOCUMENT NUMBER R98-094653, AND THE RESUBDIVISION OF LOT 8 OF RENWICK PLACX, XXXXX X XXXXXXXXXXXXX OF PART OF THE NORTHWEST 1/4 OF SESCTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED DECEMBER 29, 1999, AS DOCUMENT R99-157784, IN WILL COUNTY, ILLINOIS, AND AMENDED BY AMENDEMENT TO THE EASEMENTS OF RENWICK PLACE, AND THE XXXXX AND PROVISIONS CONTAINED THEREIN, RECORDED NOVEMBER 25, 1998 AS DOCUMENT R98-141755.

  • Easement means an acquired legal right for the specific use of land owned by others.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Leaseholds of any Person means all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Lands means the purchase of real property or interest in real property.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Owned Properties has the meaning set forth in Section 3.16.

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Leases means all present and future leases, subleases, licenses, concessions or grants or other possessory interests now or hereafter in force, whether oral or written, covering or affecting the Mortgaged Property, or any portion of the Mortgaged Property (including proprietary leases or occupancy agreements if Borrower is a cooperative housing corporation), and all modifications, extensions or renewals.