Common use of Exclusions and Reservations Clause in Contracts

Exclusions and Reservations. (a) The Premises, and Xxxxxxxxx's leasehold estate hereunder, specifically exclude any and all Airspace. There are hereby reserved to Department all rights to own, lease, sell, assign, transfer, utilize, develop or exploit the Airspace for purposes of pursuing Business Opportunities to the extent permitted under, and subject to the terms of, Section 20.2 of the Agreement; and Developer shall not engage in any activity respecting or infringing upon the Airspace. Department hereby reserves a non-exclusive easement over the Premises for access to and from the Airspace for development, maintenance, repair, replacement, operation, use and enjoyment of the Airspace for such purpose. (Airspace shall have the meaning provided in the Agreement.)

Appears in 5 contracts

Samples: Direct Agreement, Direct Agreement, Direct Agreement

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Exclusions and Reservations. (a) The Premises, and XxxxxxxxxDeveloper's leasehold estate hereunder, specifically exclude any and all Airspace. There are hereby reserved to Department TxDOT all rights to own, lease, sell, assign, transfer, utilize, develop or exploit the Airspace for purposes of pursuing Business Opportunities to the extent permitted under, and subject to the terms of, Section 20.2 11.2 of the Agreement; and Developer shall not engage in any activity respecting or infringing upon the Airspace. Department TxDOT hereby reserves a non-exclusive easement over the Premises for access to and from the Airspace for development, maintenance, repair, replacement, operation, use and enjoyment of the Airspace for such purpose. (Airspace shall have the meaning provided in the Agreement.)"

Appears in 1 contract

Samples: ftp.dot.state.tx.us

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