Common use of Landlord to Grant Easements, Etc Clause in Contracts

Landlord to Grant Easements, Etc. Landlord shall from time to time at the request of Tenant and at Tenant's sole cost and expense, (i) grant easements and other rights in the nature of easements with respect to the Leased Property to third parties; (ii) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property; (iii) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes; (iv) execute petitions to have the Leased Property annexed to any municipal corporation or utility district; (v) execute amendments to any covenants and restrictions affecting the Leased Property; and (vi) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, release, dedications, transfer, petitions and amendments (to the extent of its interests in the Leased Property); provided, however, that Landlord shall have first reasonably determined in good faith that such grant, release, dedication, transfer, petition or amendment is not detrimental in any material respect to the operation of the Leased Property for its Intended Use does not materially reduce the value of the Leased Property and, to the extent required by the Facility Mortgage, is acceptable to the Facility Mortgagee.

Appears in 6 contracts

Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)

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Landlord to Grant Easements, Etc. Landlord shall from time to time time, at the request of Tenant and at Tenant's sole cost and expense, with respect to each applicable Leased Property (i) grant easements and other rights in the nature of easements with respect to the applicable Leased Property to third parties; (ii) release existing easements or other rights in the nature of easements which are for the benefit of the applicable Leased Property; (iii) dedicate or transfer unimproved portions of the applicable Leased Property for road, highway or other public purposes; (iv) execute petitions to have the applicable Leased Property annexed to any municipal corporation or utility district; (v) execute amendments to any covenants and restrictions affecting the applicable Leased Property; and (vi) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, release, dedications, transfer, petitions and amendments (to the extent of its interests in the applicable Leased Property); provided, however, that Landlord shall have first reasonably determined in good faith that such grant, release, dedication, transfer, petition or amendment is not detrimental in any material respect to the operation of the applicable Leased Property for its Intended Use Use, does not materially reduce the value of the applicable Leased Property and, to the extent required by the Facility Mortgage, if any, is acceptable to the Facility Mortgagee.

Appears in 4 contracts

Samples: Property Lease Agreement (Provident Senior Living Trust), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)

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Landlord to Grant Easements, Etc. Landlord shall from time to time time, at the request of Tenant and at Tenant's sole cost and expense, (i) grant easements and other rights in the nature of easements with respect to the Leased Property to third parties; (ii) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property; (iii) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes; (iv) execute petitions to have the Leased Property annexed to any municipal corporation or utility district; (v) execute amendments to any covenants and restrictions affecting the Leased Property; and (vi) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, release, dedications, transfer, petitions and amendments (to the extent of its interests in the Leased Property); provided, however, that Landlord shall have first reasonably determined in good faith that such grant, release, dedication, transfer, petition or amendment is not detrimental in any material respect to the operation of the Leased Property for its Intended Use Use, does not materially reduce the value of the Leased Property and, to the extent required by the Facility Mortgage, if any, is acceptable to the Facility Mortgagee.

Appears in 2 contracts

Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Provident Senior Living Trust)

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