Reciprocal Access Easement definition

Reciprocal Access Easement means a reciprocal easement agreement (or agreements) to be negotiated between the Buyer and Seller during the Inspection Period to provide that the Buyer shall be granted a non-exclusive ingress and egress easement over and upon a certain road located on real property retained by the
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Reciprocal Access Easement means a reciprocal easement agreement (or agreements) to be negotiated between the Buyer and Seller during the Inspection Period to provide that the Buyer shall be granted a non-exclusive ingress and egress easement over and upon a certain road located on real property retained by the Seller, and that the Seller shall have be granted a non-exclusive ingress and egress easement over and upon a certain road located on the Land. Said roads are further depicted on Exhibit “C” which shall be provided by Seller to Buyer within fifteen (15) days after the Effective Date of this Agreement. The Reciprocal Access Easement shall further provide that said easements shall be perpetual (unless otherwise agreed by the Buyer and Seller) and shall constitute covenants running with the land. Furthermore, the Reciprocal Access Easement shall provide for mutually acceptable maintenance of such easement areas and other commercially reasonable and mutually acceptable terms.
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Examples of Reciprocal Access Easement in a sentence

  • The Property will be covered by a Reciprocal Access Easement Agreement, which will be recorded in the Official Public Records of Bastrop County, Texas.

  • Tract 2 (Easement Estate) Those easement rights created in that certain Reciprocal Access Easement Agreement executed by and between Edengardens-Bedford, L.P. and K & K Properties dated September 26, 2002, filed for record November 8, 2002 and recorded in Volume 16127, Page 176, Deed Records, Tarrant County, Texas.

  • The parties have executed this Reciprocal Access Easement Agreement as of the Effective Date.

  • TOGETHER WITH the right to use the non-exclusive easement for vehicular and pedestrian ingress and egress upon and across Tract 1-B, as sown on Minor Subdivision Plat of record in Deed Book 8275, Page 385, in the Office of the Clerk of Jefferson County, Kentucky, as set out in that certain Reciprocal Access Easement Agreement, dated October 16, 2003, or record in Deed Book 8275, Page 406, in the Office aforesaid.

  • At the ▇▇ ▇▇ Closing, Seller’s affiliate, ADL Development, L.P. (“ADL”) and Buyer shall execute, acknowledge and deliver to each other a Reciprocal Access Easement Agreement in the form of Exhibit P attached hereto and incorporated by this reference (the “▇▇ ▇▇ Reciprocal Access Easement”).

  • Non-exclusive easement created in Declaration of Reciprocal Access Easement recorded by Instrument No. 2008-00050602, Official Public Records of Real Property of B▇▇▇ County, Texas.

  • Tract 2: Easement Estate, as created in that Reciprocal Access Easement Agreement dated October 5, 2004, filed for record on October 25, 2004, executed by ▇▇▇▇ Texas OP, L.P., recorded in Volume 2004207, page ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇.

  • Declaration of Restrictive Covenants and Reciprocal Access Easement Agreement, dated as of February 24, 2014, by and among Jefferson Investment Partners, LLC, Academy Outer Loop Partners, GP and Academy, Ltd., recorded on February 28, 2014 in Deed Book 10209, Page 663, in the Office of the Clerk of Jefferson County, Kentucky.

  • This Reciprocal Access Easement Agreement (this "Easement") is made and entered into as of , 2016 (the "Effective Date"), by and between the South Bend Redevelopment Commission, governing body of the City of South Bend Department of Redevelopment (the "Commission"), and ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Corp., an fadiana corporation with its registered office at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇., Elkhart, fadiana 46516 (the "Company").

  • The Reciprocal Access Easement duly executed by Buyer in recordable form and witnessed by two witnesses.