Common use of Joint Use Agreements Clause in Contracts

Joint Use Agreements. If Lessee constructs additional improvements that are connected to the Leased Property or share maintenance facilities, HVAC, electrical, plumbing or other systems, utilities, parking or other amenities, the parties shall enter into a mutually agreeable cross-easement or joint use agreement to make available necessary services and facilities in connection with such additional improvements, to protect each of their respective interests in the properties affected, and to provide for separate ownership, use, and/or financing of such improvements.

Appears in 4 contracts

Samples: Lease Agreement (Summit Hotel OP, LP), Lease Agreement (Host Funding Inc), Lease Agreement (Host Funding Inc)

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Joint Use Agreements. If Subject to Section 7.2(2) hereof, if Lessee -------------------- constructs additional improvements that are connected to the any Leased Property or share maintenance facilities, HVAC, electrical, plumbing or other systems, utilities, parking or other amenities, the parties shall enter into a mutually agreeable cross-easement or joint use agreement to make available necessary services and facilities in connection with such additional improvements, to protect each of their respective interests in the properties affected, and to provide for separate ownership, use, and/or financing of such improvements.

Appears in 1 contract

Samples: Master Lease Agreement (Jameson Inns Inc)

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Joint Use Agreements. If Subject to Section 7.2(2) hereof, if Lessee constructs additional improvements that are connected to the any Leased Property or share maintenance facilities, HVAC, electrical, plumbing or other systems, utilities, parking or other amenities, the parties shall enter into a mutually agreeable cross-easement or joint use agreement to make available necessary services and facilities in connection with such additional improvements, to protect each of their respective interests in the properties affected, and to provide for separate ownership, use, and/or financing of such improvements.

Appears in 1 contract

Samples: Master Lease Agreement (Jameson Inns Inc)

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