License or easement to Abutters Sample Clauses

License or easement to Abutters. Upon the Town’s satisfaction of the requirements set forth below, the Town shall execute an escrow agreement (ADDENDUM) granting a license or easement to the Abutters that permits the continued maintenance of the existing septic system and leaching field serving the single family residence presently located on the Abutters’ Parcel (the “License” or “Easement”). However, the granting of any such license or easement is not a requirement of the Golf Club, but, rather, for purposes of this Agreement, is entirely within the Town's sole and absolute discretion. The Town may condition the License or Easement upon the Abutters’ maintenance of the existing septic system and leaching field in accordance with Town Ordinances and any other applicable laws or regulations, as well as the Abutters’ satisfaction of such insurance and other requirements as the Town may reasonably request. Upon completion of the Parking Lot, the Town shall grant this license or easement to the Abutters.
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