Common use of Use of Recreational Vehicles Clause in Contracts

Use of Recreational Vehicles. 13.1 The Developer intends to develop a number of walking paths that allow the Property Owners to use the paths for pedestrian or bicycle traffic only. Driving any type of vehicle, recreational vehicle, all terrain vehicle, or other motorized vehicle on the walking paths is expressly prohibited. However, the Developer maintains the right to use motorized vehicles for the construction and/or maintenance of the recreational pathways. In the event of use of any type of motorized vehicle on such walking paths by the Property Owner or by any person that is a guest of or otherwise an invitee of the Property Owner, the Property Owner shall pay to the Developer the sum of $2,500.00 for each instance of such use. It is acknowledged and agreed by the Property Owner that the said sum is a reasonable estimate of the minimum sum of the Developer's damages and losses arising from the time, expense, and disruption that the Developer may incur and airing from the impact on the development itself, as a result of such misuse. Notwithstanding such estimate and minimum, the Developer shall not be restricted to enforcing collection of only such sum from the Property Owner, and, to the contrary, may pursue any further damages and losses that the Property Owner may incur as a result of such misuse.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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