Common use of Subordination of Rights Clause in Contracts

Subordination of Rights. The existing facilities are located on public right-of-way. If such facilities are located on property, other than public right-of-way, and the Utility either has an easement thereon or a continuing right to maintain the facilities in that location, the Utility, for and in consideration of this agreement, shall subordinate the Utility’s rights herein to those of the LPA in the roadway right-of-way by executing an individual subordination agreement.

Appears in 3 contracts

Samples: Funding Agreement, Utility Reimbursement Agreement, Utility Reimbursement Agreement

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Subordination of Rights. The existing facilities (are) (are not) located on public right-of-way. If such facilities are located on property, other than public right-of-way, and the Utility either has an easement thereon or a continuing right to maintain the facilities in that location, the Utility, for and in consideration of this agreement, shall subordinate the Utility’s 's rights herein to those of the LPA Local Public Agency in the roadway highway right-of-way prior to final payment by executing an individual subordination agreement.

Appears in 2 contracts

Samples: Utility Reimbursement Agreement, Utility Reimbursement Agreement

Subordination of Rights. The existing facilities (are) (are not) located on public right-of-wayright‑of‑way. If such facilities are located on property, other than public right-of-wayright‑of‑way, and the Utility either has an easement thereon or a continuing right to maintain the facilities in that location, the Utility, for and in consideration of this agreement, shall subordinate the Utility’s 's rights herein to those of the LPA Local Public Agency in the roadway right-of-way highway right‑of‑way prior to final payment by executing an individual subordination agreement.

Appears in 1 contract

Samples: Utility Reimbursement Agreement

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Subordination of Rights. The existing facilities (are) (are not) located on public right-of-way. If such facilities are located on property, other than public right-of-way, and the Utility either has an easement thereon or a continuing right to maintain the facilities in that location, the Utility, for and in consideration of this agreementAgreement, shall subordinate the Utility’s rights herein to those of the LPA INDOT in the roadway highway right-of-way by executing an individual a subordination agreementAgreement.

Appears in 1 contract

Samples: Standard Agreement

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