NRG Easement Sample Clauses

NRG Easement. The parties acknowledge that Avon is currently negotiating with NRG Energy, Inc. (“NRG”) to grant NRG an underground easement for a pipeline to transport natural gas, which easement will encumber the Parcel. Avon’s right to continue to negotiate this easement will not be extinguished at Closing. The part of the Parcel to be permanently encumbered by said easement is depicted in Exhibit A-1. NRG will also be granted a construction easement of a sufficient width to permit construction but this width shall not encroach upon the footprint of the building to be constructed by T3. Said easement shall be non-exclusive and will permit T3, its successors and assigns, to utilize the Parcel for any purpose, so long as such use does not interfere with the rights granted to NRG in said easement. If this easement has not been granted prior to Closing, T3 will execute said easement agreement at such time as negotiations have concluded between NRG and the City and the consideration payable by NRG for this grant shall be paid to the City and not T3. If the T3 receives the proceeds from the sale of these easements, T3 and its successors and assigns agree(s) to forthwith pay said proceeds of sale to the City of Avon. Similarly, if any other public utility company shall desire to acquire an easement in the future from T3, or its successors or assigns, Avon will have the exclusive right to negotiate said easement , but not to the detriment of T3, and the consideration paid by the utility company will be paid to the City, or if collected by T3, or its successor or assigns, remitted to the City. Any such easement shall also be non-exclusive, shall permit T3, its successor and assigns, to utilize the Parcel for any purpose so long as such use does not interfere with the rights granted such utility company in said easement. Any of these easements, including the NRG easement will permit T3, its successors and assigns, to pave, park and drive over the land encumbered by the easement.
Sample 1
AutoNDA by SimpleDocs

Related to NRG Easement

  • Access Easement The Owner shall grant to VBWD the necessary easements and rights-of-way and/or maintain perpetual access from public rights-of-way to the Facility for VBWD, its agent, or contractor.

  • Conservation Easement School shall abide by the terms of the Easement, attached as Exhibit “D” and granted by the District to Authority. The Easement shall be recorded against the Subject Property by the Authority, at the Authority’s sole cost and expense. This Easement may be executed and recorded without further approval of the Parties’ governing bodies, except that approval is required to authorize the execution of this Agreement.

  • Grant of Easement Subject to clauses 2 to 4 inclusive of this Part, the Water Authority will grant to the Joint Venturers an easement over the Water Authority Land in accordance with clause 5 of this Part.

  • Grant of Easements Provided no Event of Default has occurred and is continuing, Landlord will join in granting and, if necessary, modifying or abandoning such rights-of-way, easements and other interests as may be reasonably requested by Tenant for ingress and egress, and electric, telephone, gas, water, sewer and other utilities so long as:

  • Utility Easements 2.1 Some properties may at the discretion of the Developer be subject to easements in favour of suppliers of water, power, gas, telephone, internet and wastewater utilities and services, including SaskPower for location of a transformer and SaskTel. The Property Owner acknowledges that the location of any transformer and which lots will be affected by any such easements, will not be known until such utility and service providers complete their design work and the Developer has negotiated the terms and conditions thereof. The Property Owner further specifically acknowledges and agrees that the Property may be subject to any such easement, and that the same shall not affect or result in a decrease or abatement of the purchase price of the Property.

  • Easement To the extent applicable, Owner agrees to grant to Bell a non-exclusive easement and statutory right of way and/or a path to the property line from the Building, as the case may be and in or through the Equipment Space if it is determined that a fibre optic cable or such other Equipment must be installed to the Building and/or in the Equipment Space. Owner and Bell shall in advance, agree upon a suitable location to install the fibre optic cable on the property of the Owner. Owner agrees to allow Bell to register, at Xxxx'x expense, the easement and right of way, and/or notice of this Agreement

  • Ground Lease Reserved.

  • Easements Lessor reserves to itself the right, from time to time, to grant such easements, rights and dedications that Lessor deems necessary or desirable, and to cause the recordation of Parcel Maps and restrictions, so long as such easements, rights, dedications, Maps and restrictions do not unreasonably interfere with the use of the Premises by Lessee. Lessee shall sign any of the aforementioned documents upon request of Lessor and failure to do so shall constitute a material breach of this Lease.

  • Parcelle no 29 : Lot 26-152 Ptie Une partie de la subdivision CENT CINQUANTE-DEUX du lot originaire VINGT-SIX (26-152 Ptie), bornée vers le nord par le lot 26-151, vers l'est par le lot 26-163 ptie, vers le sud par le lot 26-153 ptie, vers le sud-ouest par le lot 26-717 et vers l'ouest par le lot 26-150 ptie et mesure trente mètres et quarante-huit centièmes (30,48 m) vers le nord, quinze mètres et vingt-quatre centièmes (15,24 m) vers l'est, vingt-huit mètres et quatre-vingt-quinze centièmes (28,95 m) vers le sud, deux mètres et vingt-quatre centièmes (2,24 m) vers le sud-ouest et treize mètres et soixante centièmes (13,60 m) vers l'ouest; contenant une superficie de quatre cent soixante-trois mètres carrés et trois dixièmes (463,3 m2).

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

Time is Money Join Law Insider Premium to draft better contracts faster.