Abandonment of Easement Sample Clauses

Abandonment of Easement. Failure of Grantee to complete either or both of the Pipelines on the Easement Property within fifteen (15) years after the Effective Date of this Agreement shall constitute abandonment of that portion of the Easements on which each such Pipeline is to be located (provided that both Pipelines are not completed or, if only one Pipeline is not completed, such Pipeline is the only Pipeline to be located on such portion), and all right, privileges and interest granted herein related to such portions of the Easements shall automatically terminate. In addition, abandonment of the either or both of the Pipelines on the applicable Easement Property for a period of five (5) consecutive years beginning at any time after completion of each such Pipeline shall constitute abandonment of that portion of the Easements on which each such Pipeline is located (provided that both Pipelines are abandoned or, if only one Pipeline is abandoned, such Pipeline is the only Pipeline located on such portion), and all right, privileges and interest granted herein related to such portions of the Easements shall automatically terminate. Such abandonment of either Pipeline described in the immediately preceding sentence shall only be deemed to occur as described in standards outlined in the Operator Standards Manual, dated January 2012, published by PHMSA (the “PHMSA Standards”). In addition, if the Easements are no longer useful to Grantee for the purposes stated herein, as determined by Grantee in its sole discretion, Grantee shall notify Grantor of such termination and, whether the Easements are terminated by abandonment or by Xxxxxxx’s discretion, Grantee shall execute and record terminations of this Agreement in the Records, as applicable. Grantee may, but shall have no obligation to, remove the Pipelines in connection with such termination. If Xxxxxxx decides it will not remove the Pipelines, Grantee shall close the Pipelines in accordance with all laws applicable to abandonment or closure of a crude oil and hydrocarbons pipeline, including 49 C.F.R. § 195. If Grantee removes or closes either or both of the Pipelines, Xxxxxxx agrees that Grantee shall (a) unless mutually agreed by the Parties, remove or close the closed Pipeline within two hundred and seventy (270) calendar days of such decision
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Abandonment of Easement. Non-use shall not constitute abandonment of the easement and other rights granted herein, shall have no effect on their validity, and shall not be grounds for termination of the Agreement. However, if the Easement is no longer useful to SWSD for the purposes stated herein, as determined by SWSD in its sole discretion, SWSD may execute and record a termination of this Agreement. SWSD may, but shall have no obligation to, remove SWSD’s water and sewer lines from the Easement Area in connection with such termination. If SWSD decides to remove said lines, SWSD agrees that within a reasonable time following the completion of removal, SWSD shall grade the Easement back to the ground level and contour as existed immediately prior to such removal, and SWSD shall comply with all federal, state, or local laws applicable to abandonment of the lines.
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Abandonment of Easement. In the event the lease agreement dated July 23, 1996 between Grantor and Grantee terminates, this Easement shall terminate effective upon such ending date of the lease agreement. If any portion of this Easement terminated, Grantee, at its sole expense and at the sole discretion of the Grantor, will remove or abandon in place any and all improvements installed by Grantee from the Easement areas in accordance with the then current applicable laws and regulations and in accordance with requirements of Grantor.
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Abandonment of Easement. Grantee shall be deemed to have abandoned the Easement if at any time after initial construction, the Pipeline(s) have ceased to be used for a period of twenty-four (24) consecutive months. In the event of abandonment, Grantee shall comply with governmental requirements and procedures, if any, pertaining to the abandonment of the Pipeline(s), all rights granted shall revert back to the then record holder of land, and the Agreement shall be of no further force or effect. Also in the event of abandonment, Grantee agrees to record in the real property records of Weld County, Colorado, evidence of Grantee’s abandonment and the relinquishment of Grantee’s rights created by this Agreement.
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Abandonment of Easement. If the Road A Improvements and/or Road C Improvements have not been completed within twenty (20) years after the Effective Date, then following such date, upon the request of either party, the other party shall take all necessary action required to vacate (or partially vacate, as the case may be) this Easement. Such action, shall include, if necessary, the execution and recording of an instrument sufficient to cause the vacation and abandonment (or partial vacation and abandonment) of this Easement, and the release of the applicable property from the Easement.
Sample 1
Abandonment of Easement. If at any time Grantees should discontinue said use of the Easement Property for a period of ONE (1) year this Agreement and the granted easement will be considered abandoned, and all right, title and interest therein shall revert to City. City will file an abandonment of easement to be recorded in the official records of the Xxxxxx City Clerk-Recorder’s office.
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Related to Abandonment of Easement

  • Grant of Easement Subject to clauses 2 to 4 inclusive of this Part, the Water Authority will grant to the Joint Venturers an easement over the Water Authority Land in accordance with clause 5 of this Part.

  • Grant of Easements Provided no Event of Default has occurred and is continuing, Landlord will join in granting and, if necessary, modifying or abandoning such rights-of-way, easements and other interests as may be reasonably requested by Tenant for ingress and egress, and electric, telephone, gas, water, sewer and other utilities so long as:

  • Access Easement The Owner shall grant to VBWD the necessary easements and rights-of-way and/or maintain perpetual access from public rights-of-way to the Facility for VBWD, its agent, or contractor.

  • Conservation Easement School shall abide by the terms of the Easement, attached as Exhibit “D” and granted by the District to Authority. The Easement shall be recorded against the Subject Property by the Authority, at the Authority’s sole cost and expense. This Easement may be executed and recorded without further approval of the Parties’ governing bodies, except that approval is required to authorize the execution of this Agreement.

  • Utility Easements 2.1 Some properties may at the discretion of the Developer be subject to easements in favour of suppliers of water, power, gas, telephone, internet and wastewater utilities and services, including SaskPower for location of a transformer and SaskTel. The Property Owner acknowledges that the location of any transformer and which lots will be affected by any such easements, will not be known until such utility and service providers complete their design work and the Developer has negotiated the terms and conditions thereof. The Property Owner further specifically acknowledges and agrees that the Property may be subject to any such easement, and that the same shall not affect or result in a decrease or abatement of the purchase price of the Property.

  • Assignment of Lease 10.01. The Tenant may not assign the Lease or sublet all or any part of the Premises or otherwise grant possession of the Premises or any portion thereof to any other person without first obtaining the prior written consent of the Landlord, such consent not to be unreasonably withheld. In no event shall the Tenant be released or discharged from the full performance of this Lease and the payment of all rents and monies and the observance of all covenants, agreements, terms and conditions herein contained and any such consent granted by the Landlord shall not be deemed or implied as consent to any further or subsequent assignment or subletting. In the event this Lease is assigned or all or a portion of the Premises sublet, the Tenant shall pay all reasonable out-of-pocket expenses incurred by the Landlord in any such assignment or subletting, including the Landlord’s legal costs in connection therewith and a non-refundable amount of Five Hundred Dollars ($500.00) in advance to the Landlord, representing a reasonable cost to the Landlord for reviewing such application. Any transferee shall enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable to it. Notwithstanding the foregoing provisions of this Section 10.01 or anything else contained herein, so long as Tenant is not then in default under this Lease beyond any applicable curative period provided for in this Lease, Tenant shall have the right, without the consent of Landlord, but otherwise in accordance with the requirements of this Lease, including without limitation, the obligation of any transferee to enter into an agreement directly with the Landlord covenanting to be bound by all of the Tenant’s obligations hereunder to the extent applicable, to assign this Lease and/or sublease the whole or part of the Premises to:

  • Assignment of Rents Mortgagor hereby assigns to Mortgagee the Rents as further security for the payment of the Obligations and performance of the Performance Obligations, and Mortgagor grants to Mortgagee the right to enter the Mortgaged Property for the purpose of collecting the same and to let the Mortgaged Property or any part thereof, and to apply the Rents on account of the Obligations. The foregoing assignment and grant is present and absolute and shall continue in effect until the Obligations are paid in full, but Mortgagee hereby waives the right to enter the Mortgaged Property for the purpose of collecting the Rents and Mortgagor shall be entitled to collect, receive, use and retain the Rents until the occurrence of an Event of Default under this Mortgage; such right of Mortgagor to collect, receive, use and retain the Rents may be revoked by Mortgagee upon the occurrence of any Event of Default under this Mortgage by giving not less than five days' written notice of such revocation to Mortgagor; in the event such notice is given, Mortgagor shall pay over to Mortgagee, or to any receiver appointed to collect the Rents, any lease security deposits, and shall pay monthly in advance to Mortgagee, or to any such receiver, the fair and reasonable rental value as determined by Mortgagee for the use and occupancy of the Mortgaged Property or of such part thereof as may be in the possession of Mortgagor or any affiliate of Mortgagor, and upon default in any such payment Mortgagor and any such affiliate will vacate and surrender the possession of the Mortgaged Property to Mortgagee or to such receiver, and in default thereof may be evicted by summary proceedings or otherwise. Mortgagor shall not accept prepayments of installments of Rent to become due for a period of more than one month in advance (except for security deposits and estimated payments of percentage rent, if any).

  • Ground Lease Reserved.

  • Abandonment of Premises If the property becomes vacant during the term of this lease, and if at the time of the vacancy Tenant are in default in the payment of any installment of rent, then the rent for the entire term shall become at once due and payable and Landlord may proceed to collect rent for said entire premises, with or without process of law, to take possession thereof, to remove any and all property there from and store as required by law, to lease the premises as agent of Tenant, and to apply the proceeds received from such letting toward the payment of Tenant' rent under this lease; such re-entry and re-letting shall not discharge Tenant from liability for rent, nor from any other obligation under the terms of this lease.

  • 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.

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