Common use of Abandonment in Place Clause in Contracts

Abandonment in Place. Grantor may, upon written application by Grantee, approve the abandonment in place by Grantee of any property, under such terms and conditions as Grantor may approve. Upon Grantor-approved abandonment in place of any property, Grantee must cause to be executed, acknowledged, and delivered to Grantor such instruments as Grantor may prescribe and approve, transferring and conveying ownership of that property to Grantor.

Abandonment in Place. Grantor may, upon written application by GranteeXxxxxxx, approve the abandonment in place by Grantee of any property, under such terms and conditions as Grantor may reasonably approve. Upon Grantor-approved abandonment in place of any property, Grantee must cause to be executed, acknowledged, and delivered to Grantor such instruments as Grantor may prescribe and approve, transferring approve in order to transfer and conveying convey ownership of that property to Grantor.

Abandonment in Place. Grantor may, upon written application by Grantee, approve the abandonment in place by Grantee of any property, under such terms and conditions as Grantor may approve. Upon Grantor-approved abandonment in place of any property, Grantee must cause to be executed, acknowledged, and delivered to Grantor such instruments as Grantor may prescribe and approve, transferring approve in order to transfer and conveying convey ownership of that property to Grantor.

Abandonment in Place. Grantor may, upon written application by GranteeXxxxxxx, approve the abandonment in place by Grantee of any property, under such terms and conditions as Grantor may approve. Upon Grantor-approved abandonment in place of any property, Grantee must cause to be executed, acknowledged, and delivered to Grantor such instruments as Grantor may prescribe and approve, transferring approve in order to transfer and conveying convey ownership of that property to Grantor.