Common use of Limitations of Grant Clause in Contracts

Limitations of Grant. Licensee acknowledges that the license granted hereunder is a quitclaim grant, made without covenants, representations or warranties with respect to Railroad's (a) right to make the grant, (b) title in the Premises, or (c) right to use or make available to others the Premises for the purposes contemplated herein. Railroad is the owner and/or holder of the Premises subject to the terms and limitations under which it is owned or held, including without limitation conditions, covenants, restrictions, easements (including any pre-existing fiber optic easements or licenses), encroachments, leases, licenses, permits, mortgages, indentures, reversionary interests, fee interests, zoning restrictions and other burdens and limitations, of record and not of record, and to rights of tenants and licensees in possession, and Licensee agrees that the rights licensed hereunder are subject and subordinate to each and all of the foregoing. Licensee accepts this grant knowing that others may claim that Railroad has no right to make it, and Licensee agrees to release, hold harmless and indemnify (and, at Railroad's election, defend, at Licensee's sole expense, with counsel approved by Railroad) Railroad, its affiliated companies, and its and their respective officers, directors, agents and employees, from and against any detriments to, or liabilities of, any type or nature arising from such claims, including punitive damages and any forfeitures declared or occurring as a result of this grant.

Appears in 4 contracts

Samples: License Agreement, License Agreement, License Agreement

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Limitations of Grant. Licensee acknowledges that the license granted hereunder is a quitclaim grant, made without covenants, representations or warranties with respect to Railroad's the City’s (a) right to make the grant, (b) title in the Premises, or (c) right to use or make available to others the Premises for the purposes contemplated herein. Railroad The City is the owner and/or holder of the Premises subject to the terms and limitations under which it is owned or held, including without limitation conditions, covenants, restrictions, easements (including any pre-existing fiber optic easements or licenses), rights-of-way, encroachments, leases, licenses, permits, mortgages, indentures, reversionary interests, fee interests, zoning restrictions and other burdens and limitations, of record and not of record, and to rights of tenants and licensees in possession, and Licensee Xxxxxxxx agrees that the rights licensed hereunder are subject and subordinate to each and all of the foregoing. Licensee accepts this grant knowing that others may claim that Railroad the City has no right to make it, and Licensee agrees to release, hold harmless and indemnify (and, at Railroad's the City’s election, defend, at Licensee's ’s sole expense, with counsel approved by Railroadthe City) Railroadthe City, its affiliated companies, and its and their respective officers, directorsofficials, agents and employees, from and against any detriments to, or liabilities of, any type or nature arising from such claims, including punitive damages (if allowed by law against municipalities) and any forfeitures declared or occurring as a result of this grant.

Appears in 3 contracts

Samples: License Agreement, Encroachment License Agreement, Encroachment License Agreement

Limitations of Grant. Licensee acknowledges that the license granted hereunder is a quitclaim grant, made without covenants, representations or warranties with respect to RailroadRailway's (a) right to make the grant, (b) title in the Premises, or (c) right to use or make available to others the Premises for the purposes contemplated herein. Railroad Railway is the owner and/or holder of the Premises subject to the terms and limitations under which it is owned or held, including without limitation conditions, covenants, restrictions, easements (including any pre-existing fiber optic easements or licenses), encroachments, leases, licenses, permits, mortgages, indentures, reversionary interests, fee interests, zoning restrictions and other burdens and limitations, of record and not of record, and to rights of tenants and licensees in possession, and Licensee agrees that the rights licensed hereunder are subject and subordinate to each and all of the foregoing. Licensee accepts this grant knowing that others may claim that Railroad Railway has no right to make it, and to the extent permitted by state law Licensee agrees to release, hold harmless and indemnify (and, at RailroadRailway's election, defend, at Licensee's sole expense, with counsel approved by RailroadRailway) RailroadRailway, its affiliated companies, and its and their respective officers, directors, agents and employees, from and against any detriments to, or liabilities of, any type or nature arising from such claims, including punitive damages and any forfeitures declared or occurring as a result of this grant.

Appears in 1 contract

Samples: Agreement

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Limitations of Grant. Licensee acknowledges that the license granted hereunder is a quitclaim grant, made without covenants, representations or warranties with respect to Railroad's the City’s (a) right to make the grant, (b) title in the Premises, or (c) right to use or make available to others the Premises for the purposes contemplated herein. Railroad The City is the owner and/or holder of the Premises subject to the terms and limitations under which it is owned or held, including without limitation conditions, covenants, restrictions, easements (including any pre-existing fiber optic easements or licenses), rights-of-way, encroachments, leases, licenses, permits, mortgages, indentures, reversionary interests, fee interests, zoning restrictions and other burdens and limitations, of record and not of record, and to rights of tenants and licensees in possession, and Licensee agrees that the rights licensed hereunder are subject and subordinate to each and all of the foregoing. Licensee accepts this grant knowing that others may claim that Railroad the City has no right to make it, and Licensee agrees to release, hold harmless and indemnify (and, at Railroad's the City’s election, defend, at Licensee's ’s sole expense, with counsel approved by Railroadthe City) Railroadthe City, its affiliated companies, and its and their respective officers, directorsofficials, agents and employees, from and against any detriments to, or liabilities of, any type or nature arising from such claims, including punitive damages (if allowed by law against municipalities) and any forfeitures declared or occurring as a result of this grant.

Appears in 1 contract

Samples: License Agreement

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