Easement Agreements. By acceptance hereof, Lender agrees that it shall execute and subordinate this Security Instrument and the other Loan Documents to (and Borrower shall be permitted to enter into without Lender’s consent) reasonable easements, restrictions, covenants, reservations and rights of way in the ordinary course of Borrower’s business for traffic circulation, ingress, egress, parking, access, utilities lines or for other similar purposes (including, without limitation, easements for fire exiting purposes, traffic and pedestrian circulation, landscaping and easements to governmental entities for road widening and corner roundings); provided, that, in each case or taken as a whole, the same do not have a Material Adverse Effect.
Easement Agreements. At the Closing, Buyer and Seller shall execute for each Site an Easement Agreement in the form attached hereto as Exhibit C, completed as required to cause the entity owning such Site to grant such Easements and licenses as are contemplated by such form of agreement and Exhibits B (Distribution Facilities), Exhibits C (Transmission Facilities), Exhibits F (Distribution Substation), and Exhibits G (Main Substation) thereto, forms of which are attached thereto. Such forms of Exhibits B, C, F and G to the agreements are subject to revision as the Parties may agree. The Parties shall engage in reasonable and good faith negotiations regarding such revisions so as to minimize the impact of the Seller's Easements, Easement areas and licenses on the Sites and Buyer's use thereof, consistent with the enjoyment by Seller of such Easements and license rights as Seller reasonably requires to continue its use, operation and maintenance of the Excluded Assets. The Parties shall also engage in reasonable, good faith negotiations to agree upon the rules and regulations under which Buyer will grant to Seller access to the Sites, and under which Seller will grant to Buyer access to Seller's Easements and Easement areas. Such rules and regulations shall be memorialized as Exhibit J to each agreement.
Easement Agreements. The Easement Agreements shall, collectively, reserve to the Seller certain rights and provide for certain easements in perpetuity, which shall include the following (all as more particularly set forth in the Easement Agreements):
Easement Agreements. By acceptance hereof, Lender agrees that it shall execute and subordinate this Security Instrument and the other Loan Documents to (and Borrower shall be permitted to enter into without Lender’s consent) reasonable easements, restrictions, covenants, reservations and rights of way in the ordinary course of Borrower’s business for traffic circulation, ingress, egress, parking, access, utilities lines or for other similar purposes; provided, that, in each case or taken as a whole, the same do not have a Material Adverse Effect.
Easement Agreements. If Purchaser is a party thereto, counterparts of the Access Easement Agreement and Drainage Easement and other easements agreed to by the parties pursuant to Paragraph 2.3, in the forms agreed to by the parties, executed and acknowledged by Purchaser;
Easement Agreements. The President of Xxxxxx State University or the Vice President for Administration and Finance for Xxxxxx State University are authorized to enter into utility related easement agreements for Board of Trustee approved capital projects. Other real estate easements require prior approval by the Board of Trustees before the President of Xxxxxx State University or the Vice President of Administration and Finance for Xxxxxx State University may enter into such agreements.
Easement Agreements. Any and all ingress or egress easements or agreements, water agreements, reciprocal easements or other appurtenances, easements or real property rights or interests relating to the Land, whether now owned or hereafter acquired.
Easement Agreements. Landlord warrants and represents that there is and shall be no reciprocal easement agreement, operating agreement or agreement of similar import encumbering or benefiting all or any portion of the Center, except for the REA, and other matters expressly disclosed on Exhibit G hereto. Landlord shall not enter into any agreement that in any manner or fashion (directly or indirectly) limits or interferes with Tenant’s rights and privileges under this Lease, interferes with the conduct of Tenant’s business in the Premises or increases the cost of doing business by Tenant or the cost of Tenant’s Work or creates or increases any obligations, restrictions or liabilities of Tenant. Landlord shall maintain all easements, including, without limitation those granted under the REA, that benefit the Premises or the Center in full force and effect throughout the Term and shall use all commercially reasonable efforts to enforce the REA, and all other cross easement rights, operating covenants and other similar rights, if any, in all material respects; provided that if Landlord fails to enforce such rights within thirty (30) days after notice from Tenant is received by Landlord (or such additional time as is reasonably required by Landlord), Landlord agrees that Tenant shall have the right to enforce said rights directly or in the name and on behalf of Landlord, and Landlord shall reimburse Tenant upon demand therefor for the reasonable expenses incurred by Tenant in enforcing such rights. In addition: (i) Landlord covenants and agrees to observe and perform all of the covenants, conditions, restrictions and obligations imposed on the “Declarant” under the REA, and (ii) Landlord shall use all commercially reasonable efforts to enforce (including, without limitation, enforcement by legal process) any provisions of the REA that directly or indirectly benefit the Premises. Upon written request of Landlord, Tenant shall give notice to terminate the parking agreement made as of the 1st day of October, 2010, by and between Tenant and Hxxxxxx Xxxx, Inc., a California corporation in accordance with the provisions of such parking agreement.
Easement Agreements. GE Capital shall have received a true and complete copy of each Easement Agreement (except for those set forth on Part B of Schedule 2 which are to be obtained after the Initial Loan Funding Date) in form and substance satisfactory to it, certified by the Partnership as such on the Initial Loan Funding Date. Each counterparty to an Easement Agreement shall have executed a consent to assignment of its Easement Agreement to the Security Agent, for the benefit of GE Capital and the Owner Trustee.
