Conveyance Parcel and Easement Parcel Sample Clauses

Conveyance Parcel and Easement Parcel. Following the issuance of a City Approved Title Commitment pursuant to this Section 5.2(c), or if no Replacement Parcel is required, then upon Developer making a Request for Conveyance, Developer may, at Developer's cost and expense, obtain (and provide to the City a copy of) an ALTA owner's extended coverage title insurance commitment for the Conveyance Parcel and the Easement Parcel (if any) issued by a title insurer reasonably acceptable to Developer and in the amount determined by Developer as the value of the Conveyance Parcel and the Easement Parcel (if any). Developer shall cause such title insurance commitment to be reviewed and a notice of approval or disapproval thereof to be given to the City within thirty (30) Business Days after Developer receives such title insurance commitment from the title insurer. The standard for Developer's approval or disapproval for any exception set forth in such title insurance commitment shall be whether such exception will materially, adversely affect the right and/or ability of the Developer to use the Conveyance Parcel and the Easement Parcel (if any) for development as part of the Westgate Project as contemplated by this Agreement. The Developer shall not disapprove any lien or other encumbrance described in such title insurance commitment that may be discharged by the City's payment of money at the related Closing, but may condition the Developer's approval of such title insurance commitment on the City's causing such lien or encumbrance to be fully satisfied and discharged as of such Closing. Any notice of disapproval of a given title insurance commitment shall state in reasonable detail the basis for such disapproval. The failure by Developer to give notice of approval or disapproval within such thirty (30) Business Day period with respect to a given title insurance commitment shall be deemed approval of such title insurance commitment. Upon disapproval by Developer of a given title insurance commitment pursuant to this Section 5.2(c)(ii), the City shall have the right to submit the issue of the reasonability of Developer's disapproval to Arbitration. Each such title insurance commitment approved pursuant to this Section 5.2(c)(ii) shall be an "Developer Approved Title Commitment".
Sample 1
AutoNDA by SimpleDocs
Conveyance Parcel and Easement Parcel. Developer shall have the right to obtain, at Developer's cost and expense, a report of an ASTM Phase I environmental assessment (and a report of a Phase II environmental assessment if recommended by the report for the Phase I assessment) for the Conveyance Parcel and the Easement Parcel (if any), issued by an environmental site assessment firm reasonably acceptable to Developer. Developer shall give a copy of such environmental assessment report to the City promptly after Developer obtains the same. Developer shall cause such environmental assessment report to be reviewed and a notice of approval or disapproval thereof to be given to the City within thirty (30) Business Days after the Developer's receipt of such environmental assessment report. Any notice of disapproval of any such environmental assessment report shall state in reasonable detail the basis for such disapproval. The failure by Developer to give notice of approval or disapproval within such thirty (30) Business Day period with respect to a given environment assessment report shall be deemed approval of such environmental assessment report. Upon disapproval by Developer of any environmental assessment report submitted pursuant to this Section 5.2(d)(ii), the City shall have the right to submit the issue of the reasonability of Developer's disapproval to Arbitration. Each such environmental assessment report approved pursuant to this Section 5.2(d)(ii), shall be an "Developer Approved Environmental Assessment Report."
Sample 1

Related to Conveyance Parcel and Easement Parcel

  • 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.

  • Land The real property described in Exhibit A attached hereto and made a part hereof (the “Land”);

  • Ground Lease Reserved.

  • Parcelle no 29 : Lot 26-152 Ptie Une partie de la subdivision CENT CINQUANTE-DEUX du lot originaire VINGT-SIX (26-152 Ptie), bornée vers le nord par le lot 26-151, vers l'est par le lot 26-163 ptie, vers le sud par le lot 26-153 ptie, vers le sud-ouest par le lot 26-717 et vers l'ouest par le lot 26-150 ptie et mesure trente mètres et quarante-huit centièmes (30,48 m) vers le nord, quinze mètres et vingt-quatre centièmes (15,24 m) vers l'est, vingt-huit mètres et quatre-vingt-quinze centièmes (28,95 m) vers le sud, deux mètres et vingt-quatre centièmes (2,24 m) vers le sud-ouest et treize mètres et soixante centièmes (13,60 m) vers l'ouest; contenant une superficie de quatre cent soixante-trois mètres carrés et trois dixièmes (463,3 m2).

  • 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:

  • Right of Way and Real Property The party named in Article 1, Responsible Parties, under AGREEMENT is responsible for the provision and acquisition of any needed right of way or real property. The Local Government shall be responsible for the following:

  • 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.

  • Easement To the extent applicable, Owner agrees to grant to Bell a non-exclusive easement and statutory right of way and/or a path to the property line from the Building, as the case may be and in or through the Equipment Space if it is determined that a fibre optic cable or such other Equipment must be installed to the Building and/or in the Equipment Space. Owner and Bell shall in advance, agree upon a suitable location to install the fibre optic cable on the property of the Owner. Owner agrees to allow Bell to register, at Xxxx'x expense, the easement and right of way, and/or notice of this Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.