Premises and Easements Sample Clauses
Premises and Easements. (a) Landlord hereby leases to Tenant the property (the “Premises”), described as Leased Premises in the attached Exhibit A, which Premises are located on Landlord’s property having an address of , more particularly described as the Property in the attached Exhibit B together with the improvements thereon, (collectively, the “Property”), on the terms and conditions set forth herein together with a non-exclusive easement for pedestrian and vehicular ingress and egress to and from the Premises (which easement shall be subject to Landlord’s relocation rights described in Section 1(b) hereof) and a non-exclusive easement for the installation and maintenance of utilities, cables and conduits over, under and across the Property to and from the Premises in the location or locations more particularly described in Exhibit A attached hereto . The easement rights granted herein (the “Easements”) shall expire on the date which is the sixtieth (60th) day after the date on which this Lease expires or sooner terminates.
(b) Landlord reserves the right from time to time during the Initial Term and any Renewal Term to relocate Tenant’s easement for ingress and egress to and from the Premises, subject, however, to each of the following:
(i) Landlord shall provide Tenant at least ninety (90) days’ prior written notice of such relocation;
(ii) Tenant shall maintain the right of continuous and effective access to and from the Premises in accordance with Section 1(a) hereof during the period of such re-location;
(iii) The costs, if any, for re-locating the easement shall be borne by Landlord; and
(iv) Landlord and Tenant shall cooperate with the other to execute and deliver a recordable Memorandum of Amendment of Lease confirming such relocated easement area.
Premises and Easements
