Common use of Grantee Covenants Clause in Contracts

Grantee Covenants. Grantee covenants, represents and agrees that all work necessary to complete the construction of the Detention Systems will be performed and completed at Grantee’s sole cost and expense in a good and workmanlike manner, free of mechanic’s liens and in compliance with all applicable laws, ordinances, rules and regulations; that all such work shall be performed only after Grantee has obtained all necessary governmental approvals and permits relating to construction of the Detention Systems on the Grantor Property. Upon completion of construction, Grantee shall repair any damage caused to the Grantor Property by Grantee as a result of such construction. With fourteen (14) business days after Grantee has received final non-appealable site plan and (if required) subdivision approval and issuance of a building permit by the City of South Euclid for Phase I of Grantee’s development of a shopping center upon the Grantee Property (as such term [i.e. Phase I] is specifically defined in that certain Development Agreement between Grantor and Grantee dated as of the date hereof) (the “Contingency Satisfaction Date”), Grantee, at its cost and expense, shall commence pursuit of all permits and other approvals required to construct the Detention Systems and thereafter diligently pursue completion thereof.

Appears in 3 contracts

Samples: Easement Agreement, Easement Agreement, Donation Agreement

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Grantee Covenants. Grantee covenants, represents and agrees that all work necessary to complete the construction of the Detention Systems will be performed and completed at Grantee’s sole cost and expense in a good and workmanlike manner, free of mechanic’s liens and in compliance with all applicable laws, ordinances, rules and regulations; that all such work shall be performed only after Grantee has obtained all necessary governmental approvals and permits relating to construction of the Detention Systems on the Grantor Property. Upon completion of construction, Grantee shall repair any damage caused to the Grantor Property by Grantee as a result of such construction. With fourteen (14) business days after Grantee Xxxxxxx has received final non-appealable site plan and (if required) subdivision approval and issuance of a building permit by the City of South Euclid for Phase I of Grantee’s development of a shopping center upon the Grantee Property (as such term [i.e. Phase I] is specifically defined in that certain Development Agreement between Grantor and Grantee dated as of the date hereof) (the “Contingency Satisfaction Date”), Grantee, at its cost and expense, shall commence pursuit of all permits and other approvals required to construct the Detention Systems and thereafter diligently pursue completion thereof.

Appears in 1 contract

Samples: Easement Agreement

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