Memorandum for Recordation. (a) A memorandum of this Agreement (“Memorandum”) in the form annexed hereto as Exhibit H shall be recorded in the public records of the County of Bergen, State of New Jersey; provided, however, in no event shall the Memorandum be recorded against the ERC Site. In the event that this Agreement is terminated pursuant to the terms hereof, the MC Partners covenant and agree to promptly take any and all actions reasonably necessary to cause the Memorandum to be removed from the public records of the County of Bergen, State of New Jersey, at their sole cost and expense. The preceding covenant shall be applicable whether or not the MC Partners have received a written request regarding the taking of any such action. Each of the MC Partners hereby designates MDLP and its managing general with full power of substitution, as each party’s true and lawful attorney to act, and in such party’s name, place and stead, to make, execute, sign and acknowledge all documents, instruments to accomplish the intention of this Section 33(a) at the sole cost and expense of the MC Partners as provided in the second sentence hereof.
Memorandum for Recordation. It is specifically understood and agreed, and an integral part of this contract, that a memorandum of this Agreement in a form and content acceptable to grantee shall be executed by Grantor and delivered to Grantee for the recordation thereof. Such document shall contain necessary language and acknowledgement as may be necessary to be accepted for recordation.
Memorandum for Recordation. Licensee shall not record this Agreement. Upon request of Licensee, Licensor shall execute a memorandum of this Agreement reasonably acceptable to both Parties, which Licensee may record, at its cost, in the land records of the county in which the Licensed Area is located.
