Nature and Term of Grant Sample Clauses

Nature and Term of Grant. A. City does hereby grant to Grantee a nonexclusive right to construct, operate and maintain a chilled water system in the Streets of Cincinnati bounded by and including Xxxxxxxxx Avenue on the east, Central Avenue on the west, Central Parkway on the north and to the banks of the Ohio River on the south. City will give Grantee the right to install pipes on the Streets delineated on Grantee's master plan; said plan will be given to City by December 31, 1995 or three business days prior to the execution of this agreement, whichever comes first. The master plan will give the approximate horizontal and vertical location of Grantee's facilities in Street. The parties acknowledge that the exact location may vary as field locations dictate Grantee shall provide City with more detailed plans of the location of its facilities by March 1, 1996. Grantee must have said pipes installed by December 31, 2000. Nothing contained herein shall prevent City from permitting another provider to install a System in a Street if there is adequate space in said Street in addition to what is required by Grantee's master plan. Grantee acknowledges that the City is concerned with disruptions to business and traffic and to the overcrowded condition of the Street's subsurface area. Therefore, Grantee acknowledges that no pipe shall be installed in a City Street without the prior approval of the City Engineer, said approval shall not be unreasonably withheld.
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Nature and Term of Grant 
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