Easement Term definition

Easement Term means the term of 20 years commencing on the Date of Commencement.
Easement Term means the duration of the Easement Interest, as set forth in the Easement, including any renewal or extended term if a valid option to renew or extend is contained in the Easement.
Easement Term means the period from the date hereof until the soonest to occur of: (a) the expiration or sooner termination of the Ground Lease; (b) the sooner to occur of (i) City failing to build a Recreation Center on the Recreation Center Site within two (2) years of the date of this Agreement or, if the City causes one to be built but fails to operate the same or any other improvements thereon primarily as a recreational facility open to the general public for a period of twelve (12) consecutive months (exclusive of up to six (6) months following a casualty event affecting a substantial portion of any such Recreation Center); or (c) the execution by the parties hereto or their respective successors and assigns and recording in the office of the Register of Deeds of Xxxxxxx County, Kansas of an agreement terminating this Agreement. Once the Easement Term has expired under the preceding sentence any party to this Agreement may execute and record a notice that the Easement Term has expired and thereafter this Agreement will have no further force or effect.

Examples of Easement Term in a sentence

  • Once the Easement Term has expired under the preceding sentence any party to this Agreement may execute and record a notice that the Easement Term has expired and thereafter this Agreement will have no further force or effect.

  • If during the Easement Term, the party designated in Section 2 as being responsible for performing the routine repairs and maintenance of the Trails shall reasonably determine that some or all of such Trails need to be completely replaced, or need repairs beyond normal repairs, then such party will notify the other parties to this Agreement and shall provide a written estimate of the costs of such reconstruction or major repairs.

  • Each responding firm may clearly label part of a proposal as "CONFIDENTIAL." In doing so, the responding firm thereby agrees to indemnify and defend the District.

  • The covenants and agreements granted herein are and shall be deemed to be covenants running with the land and shall be binding upon the parties hereto and upon their successors and assigns until the expiration of the Easement Term.

  • During the Easement Term the City shall, at its sole costs and expense, provide or be responsible for all costs of providing all water used by KAI or its third party designee in performing the maintenance of landscaping in the Landscape Areas.

  • During the Easement Term the City shall cause, and shall pay or cause a third party other than KAI, RCP or Bliss Sports to pay the costs and expenses of, plowing snow from the parking lots and access drives included in the Access and Parking Areas as reasonably determined by the City for the use of the Property.

  • If during the Easement Term, such curbs and paving need to be completely replaced, or need repairs beyond normal repairs, then the City as to the curbs and paving on the Recreation Center Site and KAI as to the curbs and paving on the Stadium Site, shall complete such repairs in a timely manner at their respective expense.

  • The Access and Parking Easement granted herein is and shall be deemed to be a covenant running with the land and shall be binding upon the parties hereto and upon their successors and assigns until the expiration of the Easement Term.

  • KAI shall at its expense maintain or caused to be maintained any irrigation systems for the Landscape Areas in a professional manner during the Easement Term.

  • Borrower submits to the exclusive jurisdiction of the state and federal courts located in the County of San Diego, State of California.


More Definitions of Easement Term

Easement Term has the meaning set forth in Section 2.5.
Easement Term has the meaning set forth in Section 7.12(d).

Related to Easement Term

  • Easement Area means the area which is hatched on the plan.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Contract Term means period of performance set forth in the paragraph entitled “Term” contained in Exhibit E.

  • Utility easement means a right held by a facility operator to install, maintain, and access an underground facility or pipeline.