Common use of OTHER REAL PROPERTY Clause in Contracts

OTHER REAL PROPERTY. Seller intends to transfer as part of the Real Property all of Seller’s right, title and interest in and to (a) all reversions, remainders, privileges, easements, rights-of-way, appurtenances, agreements, rights, licenses, tenements and hereditaments appertaining to or otherwise benefiting or used in connection with the Land or Improvements, (b) any strips and gores of land, streets, alleys, public ways or rights-of-way abutting, adjoining, adjacent, connected or appurtenant to the Land, and (c) any and all minerals and mineral rights, oil, gas, and oil and gas rights, and development rights, air rights, water and water rights, ▇▇▇▇▇, well rights and well permits, water and sewer taps (or their equivalents), and sanitary or storm sewer capacity appertaining to or otherwise benefiting or used in connection with the Land or Improvements. For clarity, Peachtree North Associates, LLC, a Georgia limited liability company, an affiliate of Seller, owns a parcel (the “Adjoining Parcel”) adjoining the Land, being more particularly described on Exhibit A-1, attached hereto, and shall grant to, and reserve or receive from, Seller prior to the Closing hereunder access, signage, drainage and sanitary sewer easements over the Land and Adjoining Parcel in the general locations as shown on Exhibit P attached hereto, pursuant to an Access, Sign, Sanitary Sewer and Drainage Easement Agreement, the form and substance of which (including without limitation the final metes and bounds legal descriptions establishing the location of each easement area and sketches thereof) shall be agreed to by the parties, acting in good faith, prior to Closing, which easement shall be filed of record at or prior to Closing. No rights with respect to the Adjoining Parcel or any reversions, remainders, privileges, easements, rights-of-way, appurtenances, agreements, rights, licenses, tenements and hereditaments appertaining to or otherwise benefiting or used in connection with the Adjoining Parcel shall be released or included in the conveyance contemplated in this Agreement.