Drainage Servitude Clause Samples
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Drainage Servitude. The parties acknowledge and agree that the contemplated development of the parties’ respective leased or owned properties may require the granting by the other party of certain additional rights, easements, servitudes and rights of use related to drainage. PNK Lake ▇▇▇▇▇▇▇ and Golden Nugget Lake ▇▇▇▇▇▇▇ each agree to, upon request from the other, promptly execute and record any and all reasonable easement, servitude or right of use agreements providing for drainage over, across or under the respective properties leased from the Port by each party relating to the Golden Nugget Casino and L’Auberge Casino, as applicable, for the benefit of the parties’ respective leased or owned properties. The parties agree to use all commercially reasonable efforts to obtain from the Port, as lessor, such additional rights, easements, servitudes and rights of use related to drainage to be granted and recorded in favor of the party requesting same.
Drainage Servitude. The parties acknowledge and agree that the contemplated development of the Declarants’ respective portion of the Common Area or Resort, as applicable, may require the granting by the other party of certain additional rights, easements and servitudes related to drainage. PNK and GNLC each agree to, upon request from the other, promptly execute and record any and all reasonable right of use, easement or servitude agreements providing for drainage over, across or under each Declarant’s portion of the Common Area for the benefit of the Declarants’ respective Common Area or Resort, as applicable.
