Replacement Easements Sample Clauses
Replacement Easements. As an integral part of the granting of easements contained in Section 2.0 and 3.0 hereof, subject always to Section 9.1(e), subsequent to or in contemplation of damage to, demolition or destruction of or renovations to the Development which is situate on or within a Parcel, each Owner shall, if so requested by the Other Owner in writing, duly execute in registrable form and deliver to the Other Owner such modifications to this Agreement in a form and on such terms and conditions as the Other Owner and such Owner shall agree. There shall be no compensation or valuable consideration payable to the Owner by the Other Owner therefor, it is the intent of the parties hereto that any modifications to this Agreement shall be at least equal in utility, security, value and convenience to each of the Owners as the respective easements and licenses granted hereunder and, provided that such modifications to this Agreement are so equal, it is also intended that the modifications to this Agreement interfere as little as possible with the use and enjoyment of each Parcel.
Replacement Easements. When WSDOT is acquiring an easement for transfer to a utility or granting an easement within WSDOT right of way, the easements are shown on WSDOT’s official right of way plan. The replacement easement deed granted to the utility is described in accordance with the terms of an agreement. Replacement easements remaining within WSDOT’s right of way are subject to specific conditions, which will be negotiated with Real Estate Services.