Reserved Easements definition

Reserved Easements means easements to be reserved by Seller with respect to certain T&D Assets and associated telecommunications facilities located on the site of the Acquired Assets, to be reserved in the Deeds pursuant to Section 5.2(f).

Reserved Easements means such ingress and egress easements across the Timberlands, together with the right to locate utilities within the boundaries of ten (10) feet on either side of any such road used to exercise such easements, as may be reasonably necessary to allow Seller and its Affiliates, successors and assigns to use any portion of the real property retained by Seller for growing and harvesting timber, including the easements in respect of the Timberlands described in Exhibit S attached hereto, collectively.

Reserved Easements means easements to be reserved by the Seller with respect to certain T&D Assets and associated telecommunications facilities located on the site of the Acquired Assets, as set forth in Schedule 2.1(a) hereto, to be reserved in the Deeds by language substantially in the form attached hereto as Exhibit A-2.

Examples of Reserved Easements in a sentence

• Whenever reasonably practical, Grantor will use reasonable efforts to notify and consult with Grantee in advance of the exercise of the Reserved Rights and Reserved Easements, and use reasonable efforts to employ methods and practices that will not significantly impair the beneficial public values of the Property.

• To the extent affirmative action is necessary for Seller to acquire or reserve the easement ownership of the Reserved Easements or to establish or confirm easement title to the Reserved Easements in Seller, Purchaser and its Affiliates shall cooperate with Seller in such efforts, including executing all documents pertaining to the Reserved Easements as are reasonably requested by Seller.

• IED agrees with the “satisfactory” rating given by the PCR for the performance of ADB.

• None of Purchaser or any of its Affiliates shall interfere with or oppose the Reserved Easements or any Post-Closing Reserved Easements.

• Upon the terms and conditions set forth in this Lease Agreement, Landlord does hereby demise and let unto Tenant, and Tenant does hereby lease and hire from Landlord, the Premises, together with the non-exclusive right to use the Common Use Facilities (as defined herein), but subject to the Reserved Easements (as defined herein) and Permitted Encumbrances (as defined herein).

More Definitions of Reserved Easements

Reserved Easements means such ingress and egress easements across the Timberlands, together with the right to locate utilities within the boundaries of ten (10) feet on either side of any such road used to exercise such easements, as may be reasonably necessary to allow Seller and its Affiliates, successors and assigns to use any portion of the real property retained by Seller for (i) growing and harvesting timber, (ii) hunting, fishing or other recreational uses (other than for the recreational use of off-road or all-terrain vehicles), or (iii) residential uses, including but not limited to residential developments, of such benefited real property, including the easements in respect of the Timberlands described in Section 1.2(a)(2) of Seller’s Disclosure Letter, collectively.

Reserved Easements has the meaning assigned to such term in the definition of Retained Assets.

Reserved Easements means collectively (i) the easements with respect to the Contributed Timberlands described in Section 1.1(a)(i)(2) of the PC Disclosure Letter and (ii) the easements with respect to the Sold Timberlands described in Section 1.3(a)(i)(2) of the PC Disclosure Letter, and each such easement is referred to as a “Reserved Easement,” in each case, substantially in the form of Exhibit K.

Reserved Easements means the easements in respect of the Owned Timberlands described in Section 1.2(a)(2) of Seller’s Disclosure Letter, collectively.

Reserved Easements means such ingress and egress easements across the Timberlands, together with the right to locate utilities within the boundaries of ten (10) feet on either side of any such road used to exercise such easements, as may be reasonably necessary to allow Seller and its Affiliates, successors and assigns to use any portion of the real property retained by Seller for (i) growing and harvesting timber, (ii) hunting, fishing or other recreational uses (other than for the recreational use of off-road or all-terrain vehicles), or (iii) residential, commercial or industrial development, in each case described in Section 1.2(a) of Seller’s Disclosure Letter, collectively.

Reserved Easements means such access easements across mutually agreeable portions of property owned by the Timberlands II, LLC as may be reasonably necessary to allow Seller and its respective Affiliates, successors and assigns to use any portion of the Seller Land for Seller’s intended use as timberlands.

Reserved Easements shall have the meaning set forth in Section 2.03 of this Lease Agreement.