Termination of Easement Sample Clauses

Termination of Easement. If it determines that conditions on or surrounding the Property change so much that it becomes impracticable to fulfill its Conservation Purposes, a court with jurisdiction may, at the joint request of Grantee, Grantor, the Attorney General and the City, terminate the Easement created by this Deed. If condemnation of a part of the Property or of the entire Property by public authority renders it impossible to fulfill all of the Conservation Purposes, the Easement may be terminated through condemnation proceedings with notice from the public authority to Grantee, Grantor, the Attorney General, and the City. If the Easement is terminated and the Property is sold or taken for public use, then, as required by Internal Revenue Service regulations, the Grantee shall be entitled to number percent (##%) of the gross sale proceeds or condemnation award which is equal to the ratio of the appraised value of this Easement to the unrestricted fair market value of the Property, as this ratio is determined on the date of this Easement. The Grantee shall use the proceeds consistent with the Conservation Purposes of this Easement.
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Termination of Easement. This Grant will remain in effect for each Lot until the date that either (i) ownership of all of the Equipment installed on the Lot is conveyed by Grantee to Grantor, as evidenced by a written instrument executed by Grantee implementing such conveyance, or (ii) any Solar Agreement affecting the Lot is terminated, the Equipment installed on the Lot is permanently removed from the Lot or transferred to the owner of the Lot, by Grantee or by permission of Grantee, and Grantee confirms in writing to the Lot owner that such removal or transfer is permanent. Upon the written request by Grantor, Grantee shall, within sixty (60) days after the termination of this Grant as to any Lot, prepare and record against the Lot an instrument terminating this Grant as a matter of record.
Termination of Easement. At such time as when Grantee or its successors and assigns determines that the easement is no longer needed, Grantee or its successors and assigns shall, execute and deliver to Grantor for recordation in the Official Records of Orange County, California, a Quitclaim Deed sufficient to remove the encumbrance of the easement granted in this deed. IN WITNESS WHEREOF, this instrument has been executed on , 2015.
Termination of Easement. At the expiration of the seven (7) year period, the Easement may be terminated by either party upon thirty (30) day written notice to the other party. If neither party terminates, the easement will continue for another seven (7) year period. Within the initial seven (7) year easement term, or any time thereafter, the Easement may be terminated by the Grantor with the Grantee’s consent, in writing, if the Grantor establishes any of the following:
Termination of Easement. For the purposes of terminating the easement for roadway purposes described in Article 2.2, Seller shall execute and deliver the Termination of Easement in substantially the form of the Termination of Easement attached hereto as Exhibit
Termination of Easement. If the Grantor, or its successors or assigns, desires to alter or vacate a portion or all of the Easement(s), the Easement(s) may be adjusted accordingly if the County Engineer has certified in writing that the proposed modifications meet the requirements of 9VAC25-870 et seq. and Chapter 17 of the Albemarle County Code, as the regulations may be amended in the future. In addition to meeting these requirements, the Grantor shall mitigate for any loss of nutrient credit reductions provided in the stormwater calculations for the Property described in the Maintenance Agreement as a result of such alteration or vacation. Upon termination of any portion of the Easement, any residue of the Easement shall remain subject to this Deed of Dedication and Easement. The termination of any portion of the Easement shall be recorded, at the sole expense of the Grantor, in the Circuit Court of Albemarle County upon approval of the Albemarle County Attorney. The Additional Grantor joins in this Deed and agrees to be bound by the Deed’s terms. The Grantee, acting by and through its County Executive, duly authorized by resolution adopted by the Board of Supervisors of the County of Albemarle, Virginia, accepts the conveyance of this property pursuant to Virginia Code § 15.2-1803, as evidenced by the County Executive’s signature hereto and the recordation of this Deed. WITNESS the following signatures. GRANTOR: COUNTY SCHOOL BOARD OF ALBEMARLE COUNTY, VIRGINIA By: Xxxxxx Xxxxx, Chair COMMONWEALTH OF VIRGINIA CITY/COUNTY OF : The foregoing instrument was acknowledged before me this day of , 2021 by Xxxxxx Xxxxx, Chair, on behalf of County School Board of Albemarle County, Virginia, Grantor. Notary Public My Commission Expires: Registration number: SIGNATURES CONTINUE ON THE FOLLOWING PAGE TENANT/ BOYS & GIRLS CLUBS OF CENTRAL VIRGINIA ADDITIONAL GRANTOR: By: Xxxxx Xxxxxx Chief Executive Officer COMMONWEALTH OF VIRGINIA CITY/COUNTY OF : The foregoing instrument was acknowledged before me this day of , 2021 by Xxxxx Xxxxxx, Chief Executive Officer, on behalf of Boys & Girls Clubs of Central Virginia, Tenant. Notary Public My Commission Expires: Registration number: SIGNATURES CONTINUE ON THE FOLLOWING PAGE GRANTEE: COUNTY OF ALBEMARLE, VIRGINIA By: Xxxxxxx X. Xxxxxxxxxx County Executive COMMONWEALTH OF VIRGINIA CITY/COUNTY OF : The foregoing instrument was acknowledged before me this day of , 2021 by Xxxxxxx X. Xxxxxxxxxx, County Executive, on behalf of the County of Albemarle, V...
Termination of Easement. If the Grantor, or its successors or assigns, desires to alter or vacate a portion or all of the Easement(s), the Easement(s) may be adjusted accordingly if the County Engineer has certified in writing that the proposed modifications meet the requirements of 9VAC25-870 et seq. and Chapter 17 of the Albemarle County Code, as the regulations may be amended in the future. In addition to meeting these requirements, the Grantor shall mitigate for any loss of nutrient credit reductions provided in the stormwater calculations for the Property described in the Maintenance Agreement as a result of such alteration or vacation. Upon termination of any portion of the Easement, any residue of the Easement shall remain subject to this Deed of Dedication and Easement. The termination of any portion of the Easement shall be recorded, at the sole expense of the Grantor, in the Circuit Court of Albemarle County upon approval of the Albemarle County Attorney. The Grantee, acting by and through its County Executive, duly authorized by resolution adopted by the Board of Supervisors of the County of Albemarle, Virginia, accepts the conveyance of this property pursuant to Virginia Code § 15.2-1803, as evidenced by the County Executive’s signature hereto and the recordation of this Deed. WITNESS the following signatures. GRANTOR: By: _________________________________ COMMONWEALTH OF VIRGINIA CITY/COUNTY OF _________________________: The foregoing instrument was acknowledged before me this ____ day of ___________, ____ by __________________, Grantor. ______________________________ Notary Public My Commission Expires: ______________ Registration number: __________________ SIGNATURES CONTINUE ON THE FOLLOWING PAGE GRANTEE: COUNTY OF ALBEMARLE, VIRGINIA By: ________________________________ Xxxxxxx X. Xxxxxxxxxx County Executive COMMONWEALTH OF VIRGINIA CITY/COUNTY OF __________________: The foregoing instrument was acknowledged before me this ____ day of ___________, ____ by Xxxxxxx X. Xxxxxxxxxx, County Executive, on behalf of the County of Albemarle, Virginia, Grantee. _____________________________ Notary Public My Commission Expires: ___________ Registration number: _______________ Approved as to Form: _________________________ ___________ County Attorney Date
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Termination of Easement. In the event the Office Owner grants the Easement to Retail Owner in accordance with the provisions of Section 2.1 (a) above and later determines, in its reasonable discretion, at any time, and from time to time, that the Easenlent Spaces are no longer available for the use by Retail Owner, such Easement shall be deemed terminated within three (3) business days after delivery of written notice by Office Owner to Retail Owner regarding the termination of the Easement.
Termination of Easement. Landlord and Tenant hereby acknowledge that a Grant of Easement for Parking, Use and Maintenance ("EASEMENT") dated of even date herewith has been executed by Landlord and Catellus Development Corporation, a Delaware corporation, ("CATELLUS") at the request of Tenant herein. Further, Landlord and Tenant hereby acknowledge that Tenant has executed that certain lease of even date herewith with Catellus describing certain real property commonly referred to as 14350 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxx ("XATELLUS LEASE"). Tenant and Landlord hereby agree that the Easement shall be terminated concurrently with expiration or earlier termination of this Ground Lease and the
Termination of Easement. Notwithstanding any of the foregoing provisions, in the event CP Hotel terminates the Project Documents in accordance with Section 2.7 of the Hotel Lease, then CP Hotel, in its sole discretion, shall have the right to terminate this Easement, County and Grantor shall record a Memorandum of Termination of Easement in the Public Records of Palm Beach County, Florida, and neither party shall have any further duty or obligation to the other under this Garage Easement subsequent to such termination.
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