Common use of Lessor to Grant Easements, Etc Clause in Contracts

Lessor to Grant Easements, Etc. Lessor will, from time to time, so long as no Event of Default has occurred and is continuing, at the request of Lessee and at Lessee's cost and expense (but subject to the approval of Lessor, which approval shall not be unreasonably withheld, delayed, or conditioned and the approval of any Mortgage lender), (a) grant easements and other rights in the nature of easements with respect to the Leased Property to third parties, (b) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, (c) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes, (d) execute petitions to have the Leased Property annexed to any municipal corporation or utility district, (e) execute amendments to any covenants and restrictions affecting the Leased Property and (f) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions and amendments (to the extent of its interests in the Leased Property), but only upon delivery to Lessor of an Officer's Certificate stating that such grant, release, dedication, transfer, petition or amendment does not interfere with the proper conduct of the business of Lessee on the Leased Property and does not materially reduce the value of the Leased Property.

Appears in 1 contract

Sources: Lease Agreement (Equity Inns Inc)

Lessor to Grant Easements, Etc. Lessor will, from time to time, so ------------------------------- long as no Event of Default has occurred and is continuing, at the request of Lessee and at Lessee's cost and expense (but subject to the approval of Lessor, which approval shall not be unreasonably withheld, delayed, withheld or conditioned delayed and the approval of any Mortgage lenderLessor's Mortgagee), (a) grant easements and other rights in the nature of easements with respect to the Leased Property to third parties, (b) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, (c) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes, (d) execute petitions to have the Leased Property annexed to any municipal corporation or utility district, (e) execute amendments to any covenants and restrictions affecting the Leased Property and (f) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions and amendments (to the extent of its interests in the Leased Property), but only upon delivery to Lessor of an Officer's Certificate stating that such grant, release, dedication, transfer, petition or amendment does not interfere with the proper conduct of the business of Lessee on the Leased Property and does not materially reduce the value of the Leased Property.

Appears in 1 contract

Sources: Master Hotel Lease Agreement (Apple Hospitality Two Inc)

Lessor to Grant Easements, Etc. Lessor willshall, from time to time, time so long as no Master Lease Event of Default or, with respect to the applicable Facility as to which such request is being made, any Facility Default, has occurred and is continuing, at the request of Lessee and at Lessee's no cost and or expense (to Lessor, but subject to the approval of Lessor, which approval shall not be unreasonably withheld, conditioned or delayed, or conditioned and the approval of any Mortgage lender), (ai) grant easements and other rights in the nature of easements with respect to the Leased Property to third parties, easements; (bii) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, ; (ciii) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes, ; (div) execute petitions to have the Leased Property annexed to any municipal corporation or utility district, ; (ev) execute amendments to any covenants covenants, conditions and restrictions affecting the Leased Property Property; and (fvi) execute and deliver to any Person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions dedications and amendments (transfers to the extent of its interests interest in the Leased Property), but only upon delivery to Lessor of an Officer's ’s Certificate stating that such grant, grant release, dedication, transfer, petition or amendment does is either reasonably necessary for the use, maintenance and/or operation of the Leased Property or would not interfere with be detrimental to the proper conduct of the Lessee’s business of Lessee on the Leased Property and does and, in each case, would not be reasonably expected to materially reduce the value of the Leased Property.

Appears in 1 contract

Sources: Master Transactions and Cooperation Agreement (Brookdale Senior Living Inc.)

Lessor to Grant Easements, Etc. To the extent it has authority to do so (and to the extent it does not, Lessor shall make request upon Master Lessor), Lessor will, from time to time, time so long as no Event of Default has occurred and is continuingexists, at the request of Lessee and at Lessee's sole cost and expense (but subject to the approval of Lessor, which approval shall not be unreasonably withheld, delayed, or conditioned and the approval of any Mortgage lender's approval), (ai) grant easements and other rights in the nature of easements with respect to its interest in the Leased Property to third parties, (bii) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, (ciii) dedicate or transfer unimproved portions of its interest in the Leased Property for road, highway or other public purposes, (div) execute petitions to have its interest in the Leased Property annexed to any municipal corporation or utility district, (ev) execute amendments to any covenants and restrictions affecting its interest in the Leased Property and (fvi) execute and deliver to any Person person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions and amendments (to the extent of its interests in the Leased Property), but only upon delivery to Lessor of a signed affidavit by an Officer's Certificate executive officer or equivalent person of authority at Lessee stating that such grant, release, dedication, transfer, petition or amendment does is (a) reasonably required for the continued operation of the Leased Property in accordance with the Primary Intended Use, (b) not interfere with detrimental to the proper conduct of the business of Lessee on the Leased Property and (c) does not materially reduce the value of the Leased Property.

Appears in 1 contract

Sources: Master Lease Agreement (Brookdale Senior Living Inc.)

Lessor to Grant Easements, Etc. To the extent it has authority to do so (and to the extent it does not, Lessor shall make request upon Master Lessor), Lessor will, from time to time, time so long as no Event of Default has occurred and is continuingexists, at the request of Lessee and at Lessee's sole cost and expense (but subject to the approval of Lessor, which approval shall not be unreasonably withheld, delayed, or conditioned and the approval of any Mortgage lender's approval), (ai) grant easements and other rights in the nature of easements with respect to its interest in the Leased Property to third parties, (bii) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, (ciii) dedicate or transfer unimproved portions of its interest in the Leased Property for road, highway or other public purposes, (div) execute petitions to have its interest in the Leased Property annexed to any municipal corporation or utility district, (ev) execute amendments to any covenants and restrictions affecting its interest in the Leased Property and (fvi) execute and deliver to any Person person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions and amendments (to the extent of its interests in the Leased Property), but only upon delivery to Lessor of a signed affidavit by an Officer's Certificate executive officer or equivalent person of authority at Lessee stating that such grant, release, dedication, transfer, petition or amendment does is (a) reasonably required for the continued operation of the Leased Property in accordance with the Primary Intended Use, (b) not interfere with detrimental to the proper conduct of the business of Lessee on the Leased Property and (c) does not materially reduce the value of the Leased Property.. -15-

Appears in 1 contract

Sources: Master Lease Agreement (Alterra Healthcare Corp)

Lessor to Grant Easements, Etc. Lessor will, from time to time, time so long as no Event of Default has occurred and is continuing, at the request of Lessee and at Lessee's cost and expense (but subject to the approval of Lessor, which approval shall not be unreasonably withheld, withheld or delayed, or conditioned and the approval provided, however, that if Lessor has not responded to any such request of any Mortgage lenderLessee within 30 days after receipt thereof, such request shall be deemed approved), (ai) grant easements and other rights in the nature of easements with respect to the Leased Property to third partieseasements, (bii) release existing easements or other rights in the nature of easements which are for the benefit of the Leased Property, (ciii) dedicate or transfer unimproved portions of the Leased Property for road, highway or other public purposes, (div) execute petitions to have the Leased Property annexed to any municipal corporation or utility district, (ev) execute amendments to any covenants and restrictions affecting the Leased Property and (fvi) execute and deliver to any Person person any instrument appropriate to confirm or effect such grants, releases, dedications, transfers, petitions releases dedications and amendments transfers (to the extent of its interests interest in the Leased Property), but only upon delivery to Lessor of an Officer's Certificate stating that such grant, grant release, dedication, transfer, petition or amendment does is not interfere with detrimental to the proper conduct of the business of Lessee on the Leased Property and does not materially reduce its value. Lessor does hereby irrevocably appoint Lessee the value attorney-in-fact of Lessor during the Leased PropertyTerm of this Lease to execute any documents relating to the above matters which have been approved or are deemed to have been approved by Lessor as provided above.

Appears in 1 contract

Sources: Operating Lease (Centennial Healthcare Corp)