Installation of Utilities. Water, sanitary sewer, storm sewer, electric, gas, telephone and cable television lines are currently located within streets, public rights of way or easements in a location on or adjacent to the Property. Except as set forth in Sections 7.9(b), with respect to certain drainage improvements, and Section 7.10, with respect to the Willows Water Main, as hereinafter defined, Buyer acknowledges that Mission shall have no obligation whatsoever to install or extend any utility or service lines from their present location to or within the Property. Subject to the provision of Sections 7.9 and 7.10, Buyer acknowledges that it shall be Buyer's respon- sibility, at Buyer's sole cost and expense, to arrange for the installation and extension of all water, sanitary sewer, storm sewer, gas, electricity, cable television and telephone facilities from their current locations to the Property and thereafter within the Property. Buyer shall also be solely responsible for the payment of the cost of any meters, tap fees, service fees and other charges of any entities supplying water, sanitary sewer, storm sewer, gas, electricity, cable television and telephone services. If as a result of any such installation of utility main lines, Buyer is entitled to reimbursement from third parties when such third parties connect to or commence using such lines (in accordance with agreements provided by any utility companies relating to such entitlement) Buyer shall have the right to such reimbursements.
Appears in 2 contracts
Sources: Vacant Land Purchase and Sale Agreement (Wellsford Residential Property Trust), Vacant Land Purchase and Sale Agreement (Equity Residential Properties Trust)