Historic Barriers Sample Clauses

The 'Historic Barriers' clause defines and addresses obstacles or restrictions that have existed in the past and may impact the parties' ability to perform under the agreement. This clause typically identifies specific historical issues—such as prior legal disputes, regulatory constraints, or longstanding physical impediments—that could affect access, use, or development of a property or asset. By acknowledging these barriers, the clause clarifies the parties' responsibilities regarding their resolution or mitigation, thereby reducing uncertainty and allocating risk related to pre-existing conditions.