Subject Easements definition

Subject Easements has the meaning given such term in Paragraph V.
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Subject Easements has the meaning given such term in Paragraph IV under the heading of “Conveyance and Grant of Lien” in this Deed of Trust.
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Subject Easements has the meaning given such term in Paragraph IV under the heading of “Conveyance and Grant of Lien” in this Mortgage.
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Examples of Subject Easements in a sentence

  • Operate the Mortgaged Property, or cause it to be operated, in a careful and efficient manner in accordance with the practices of the industry and in compliance with all Subject Leases, Subject Contracts, Subject Easements, and laws.

  • Maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect and not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Grantor will operate the Mortgaged Property, or cause it to be operated, in a careful and efficient manner in accordance with the practices of the industry and in compliance with all Subject Leases, Subject Contracts, Subject Easements, and Laws.

  • Grantor will perform all of Grantor’s obligations under and maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect, and Grantor will not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Without limitation of the right of Purchaser to conduct any investigations of the Subject Interests, Purchaser may conduct an environmental assessment of the lands covered by the Subject Leases and the lands covered by the Subject Easements.

  • The Subject Easements listed on Schedule 3.8(c)(ii) are associated with the out-of-service Xxxxxx Pipeline and are not used for the operation of the Business as conducted immediately prior to the Closing.

  • Mortgagor will perform all of Mortgagor’s obligations under and maintain all Subject Leases, Subject Contracts, and Subject Easements in full force and effect, and Mortgagor will not permit to occur the surrender, abandonment, release, or termination of any Subject Lease, Subject Contracts, or Subject Easements, so long as the Subject Interests covered thereby or relating thereto are capable of producing Hydrocarbons in paying quantities.

  • Zoning Map SubjectParcel Profile as Puerto Rico Planning Board Subject Easements, Encroachments & ExpropriationsThe easements observed on the subject property are those typical of the neighborhood, which include electrical and sewer easements not considered having a negative effect on the subject property.

  • Mortgagor will operate the Mortgaged Property, or cause it to be operated, in a careful and efficient manner in accordance with the practices of the industry and in compliance with all Subject Leases, Subject Contracts, Subject Easements, and Laws.

  • The portion of the Purchase Price allocable to HHOC shall be allocated among tangibles and reserves comprising the Subject Interests as follows: (a) ninety-seven percent (97%) of such portion of the Purchase Price shall be attributed to the interest of HHOC in the Subject Leases, the Subject Easements, and the Subject Contracts and (b) three percent (3%) of such portion of the Purchase Price shall be attributed to the Subject Lease Equipment, the Subject Pipeline Equipment, and other personal property.

Related to Subject Easements

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

  • Easements shall have the meaning set forth in Section 3.1.12.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Parcel 2 COMMON AREA APPURTENANT TO EACH COMMERCIAL UNIT PARCEL 3: NONEXCLUSIVE EASEMENTS PARCEL C (COMPRISING PARCEL 1, PARCEL 2, AND PARCEL 3,) PARCEL 1;

  • Easement means an acquired legal right for the specific use of land owned by others.

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Conservation easement means that term as defined in section 2140 of the natural resources and environmental protection act, 1994 PA 451, MCL 324.2140.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • adjacent land means all land that borders a property and all land that would have bordered a property, if they were not separated by a river, road, railway line, power transmission line, pipeline, or a similar feature;

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Lands means the purchase of real property or interest in real property.

  • Project Land means any parcel or parcels of land on which the project is developed and constructed by a promoter;

  • Owned Properties has the meaning set forth in Section 3.16.

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.