Common use of Licenses for Improvements Clause in Contracts

Licenses for Improvements. In consideration of the Trustee’s agreement to undertake the Improvements in accordance with, and subject to the terms, conditions and limitations hereof, the Board hereby grants to the Trustee an irrevocable license (which shall be considered as coupled with an interest) to enter onto the sites of the Improvements (the “Sites”) for the purposes of (a) acquiring, constructing and equipping the Improvements on the Sites and