Accommodation Agreements Clause Samples
An Accommodation Agreements clause defines the terms under which one party provides lodging or housing to another, typically within the context of a broader contract. This clause outlines the responsibilities of both the provider and the occupant, such as payment terms, duration of stay, maintenance obligations, and conditions for termination or renewal. Its core practical function is to ensure both parties have a clear understanding of their rights and obligations regarding the accommodation, thereby reducing the risk of disputes and misunderstandings.
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Accommodation Agreements. Landlord shall have the right to enter into one or more agreements with any Affiliate of Landlord, any tenant of Landlord, any tenant of any Affiliate of Landlord and any party who acquires by purchase, or otherwise, all or any portion of Landlord’s Remaining Property (hereinafter referred to singly as “Accommodatee” and collectively as “Accommodatees”) wherein Landlord agrees to cause the delivery of, provide for the delivery of, or cause to make available all or any portion of the water from Landlord’s Reserved Water Rights to an Accommodatee or agrees to cause to make available Landlord’s right to utilize the Facilities to an Accommodatee (“Landlord Accommodation Agreement”). Landlord shall not cause the delivery of, provide for the delivery of, or cause to make available all or any portion of the water from Landlord’s Reserved Water rights to any person except through an Accommodation Agreement. Upon the request of Landlord, Tenant agrees to acknowledge in writing to each Accommodatee Landlord’s right to enter into such Landlord Accommodation Agreement under this Section 13; provided, however, that any Landlord Accommodation Agreement shall meet the following requirements:
(i) the agreement is subject to all of the terms and conditions of this Section 13;
(ii) the agreement does not impose any additional burdens or obligations on Tenant;
(iii) Landlord shall give written notice of any Landlord Accommodation Agreement to Tenant; and
(iv) the agreement shall not relieve Landlord of any covenant, condition, or other obligation hereunder, and Tenant shall have no direct obligation to any Accommodatee except to give notice of default as provided below and allow a cure of Landlord’s default subject to the conditions in (b), below.
Accommodation Agreements. As soon as reasonably practicable following the Execution Date, Seller shall commence the Mineral Rights Negotiation Process and thereafter shall use commercially reasonable efforts to (i) deliver a form of non-disclosure agreement and the Accommodation Agreement in the form attached hereto as Exhibit M-1 or Exhibit M-2, including information regarding the Project location, to one hundred percent (100%) of the Mineral Operators listed on Schedule 1.1(o) and to all other Mineral Operators and Mineral Owners and (ii) pursue negotiation and execution of such non-disclosure agreements and, upon execution of any such non-disclosure agreements, pursue negotiation and execution of Accommodation Agreements, substantially and in all material respects in the form attached hereto as Exhibit M-1 or Exhibit M-2, with all such Mineral Operators and Mineral Owners prior to the Closing. From and after the Closing, for a period of seventy-two (72) months following the Closing Date, Seller shall reimburse Purchaser for any Accommodation Payment made by or on behalf of Purchaser within ten (10) Business Days of written request for reimbursement from Purchaser, provided that such written request for reimbursement shall contain reasonable documentation to substantiate the requested reimbursement amount and the basis of the Accommodation Payment.