Common use of Construction and Sales Trailers Clause in Contracts

Construction and Sales Trailers. After expiration of the Inspection Period, Buyer shall have the right and license to place 1 construction trailer or temporary building (“Construction Trailer”), 1 sales trailer or temporary building (“Sales Trailer”), and a parking lot to serve the Sales Trailer at a location in the Subdivision which shall be reasonably agreed upon by Seller and Buyer prior to the expiration of the Inspection Period. Buyer shall obtain any necessary permits and comply with all applicable laws of the applicable Governmental Authorities governing the use of the Construction Trailer, Sales Trailer and/or parking lot. Buyer shall not allow any lien or encumbrance relating to Buyer’s use or improvement to attach to any property which Bxxxx has not purchased. Bxxxx agrees to hold Seller harmless from and indemnify Seller against any and all claims, damages and liability occasioned by or resulting from Bxxxx’s use of or activities on any such Lot. If this Agreement is terminated, Buyer, at Buyer’s expense, shall remove the improvements installed by Buyer within ninety (90) days after such termination in such a manner and to such extent that the applicable property shall be returned to substantially the same condition as existed prior to improvement by Buyer. At Seller’s request the parties shall enter into a separate license agreement on a reasonable form mutually agreeable to the parties for Buyer’s placement of a Contraction Trailer or Sales Trailer on Seller’s property.

Appears in 6 contracts

Samples: And Escrow Instructions (Alset Inc.), And Escrow Instructions (LiquidValue Development Inc.), And Escrow Instructions (LiquidValue Development Inc.)

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