Easement Lands definition
Examples of Easement Lands in a sentence
For greater certainty, the Grantor shall not be permitted to pledge, mortgage or otherwise encumber the Easement Lands unless postponement, priority, and subordination agreements in favour of the Grantee, which expressly exempt the aforementioned personal property and equipment of the Grantee from the operation of such pledge, mortgage or encumbrance, are executed by the party receiving security pursuant to such pledge, mortgage or other encumbrance.
The Grantee will provide written notice to the Grantor of any amendments to the list of persons authorized to access the Easement Lands on its behalf and Schedule “E” will be deemed to be amended to reflect such changes upon receipt of such notice by the Grantor.
The Grantee covenants and agrees to pay any additional real property rates and taxes that may be assessed and levied against the Easement Lands from time to time as are directly attributable to the installation upon the Easement Lands of the Works or to their operation thereon, either to the municipality, if separately assessed, or to the Grantor if part of the Grantor’s tax assessment.
The Grantor covenants and agrees with the Grantee to pay all rates and taxes as they fall due that may be assessed and levied against the Grantor from time to time as a result of its interest in the Easement Lands.
The Grantor shall not, without the Grantee’s consent in writing, change or permit the existing configuration, grade or elevation of the Easement Lands to be changed or permit any excavation or opening which may disturb the existing surface of the Easement Lands.