Easement Term definition

Easement Term means the term of 20 years commencing on the Date of Commencement.
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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.
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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.
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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.

  • During the Easement Term the parties hereby grant to each other and to the public a non-exclusive easement to the Trails in order to allow the public and each of the parties and their tenants, subtenants, contractors, vendors, invitees, employees and licensees to have rights of ingress, egress and use on, over and across the Trails during the Easement Term for customary use as a walking and running trail.

  • 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.

  • 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.

  • 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, any landscaping needs to be replaced, then the City as to the landscaping where such replacement is necessary on the Recreation Center Site and KAI as to the landscaping where such replacement is necessary on the Stadium Site, shall complete such replacement in a timely manner at their respective expense.

  • 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.

  • 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.

  • 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, once the Trails are installed, KAI shall cause the Trails to be repaired and maintained, including without limitation the making of all surface and subsurface repairs and maintenance, seal coating and removal of trash, rubbish and other refuse, if any, so as to maintain such Trails in good condition, reasonable wear and tear excepted, in a professional manner that is reasonably acceptable to each of the parties.


More Definitions of Easement Term

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

  • Agreement Term has the meaning set forth in Section 11.1.

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

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • License Term means the duration of a License as specified in the Order.

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

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Licensed premises means all areas associated with the operations of the licensee, including, but not limited to:

  • Payment Term means the length of time for payment of a Deferred Annual Award under Section 4.2.

  • Parking Facility means a parking area or structure having

  • Renewal Period the period described in clause 13.1.

  • Commencement Date means the date of this Agreement;