Right to enter into Deed(s) of Grant of Easement Sample Clauses

The 'Right to enter into Deed(s) of Grant of Easement' clause grants a party the authority to formally create legal easements over a property, typically by executing deeds that specify the rights and obligations associated with the easement. In practice, this means the property owner or another designated party can grant access or usage rights—such as rights of way, utility access, or drainage—to third parties or neighboring landowners through legally binding documents. This clause is essential for facilitating necessary property arrangements, ensuring that all parties have clear, enforceable rights to use portions of land for specific purposes, and preventing future disputes over access or usage.
Right to enter into Deed(s) of Grant of Easement. Without prejudice to the generality of sub-clause (m) and (n) above and subject to the prior written approval of the Owners’ Committee or the Owners’ Corporation (if formed), the right, with or without joining any Owner, to enter into any deed or deeds of grant of easement in favour of the owners and/or occupiers of neighbouring premises or any easement or right of way exercisable by the Owners of the Land over any neighbouring premises at any time or times and on such terms and subject to such conditions and with such party or parties as the First Owner may deem appropriate, and to enter into any deed or deeds, at any time or times, to vary, amend or otherwise alter the terms, conditions or covenants of such deed or deeds so long as the same does not or do not affect the right of any Owner to the exclusive use and occupation of his Unit and does not impede or restrict the access to and from any part or parts of the Building and the Land and PROVIDED THAT all monetary consideration (if any) received therefor pursuant to this sub-Clause shall be paid into the Special Fund.
Right to enter into Deed(s) of Grant of Easement. Without prejudice to the generality of sub-clause (m) and (n) above and subject to the prior written approval of the Owners’ Committee or the Owners’ Corporation (if formed), the right, with or without joining any Owner, to enter into the Deed(s) of Grant of Easement or any other deed or deeds of grant of easement in favour of the owners and/or occupiers of neighbouring premises or to release or extinguish such Deed(s) of Grant of Easement and/or the Deed of Mutual Grant and any easement or right of way exercisable by the Owners of the Land over any neighbouring premises at any time or times and on such terms and subject to such conditions and with such party or parties as the First Owner may deem appropriate, and to enter into any deed or deeds, at any time or times, to vary, amend or otherwise alter the terms, conditions or covenants of or contained in the Deed(s) of Grant of Easement and/or the Deed of Mutual Grant or such deed or deeds so long as the same does not or do not affect the right of any Owner to the exclusive use and occupation of his Unit and does not impede or restrict the access to and from any part or parts of the Building and the Land and PROVIDED THAT all monetary consideration (if any) received therefor pursuant to this sub-Clause shall be paid into the Special Fund.

Related to Right to enter into Deed(s) of Grant of Easement

  • Granting of Easements If no Event of Default under this Lease shall have happened and be continuing, the Company may, at any time or times, (a) grant easements, licenses and other rights or privileges in the nature of beneficial easements with respect to any property included in the Project, free from any rights of the Issuer or the Bondowners, or (b) release existing easements, licenses, rights-of-way and other rights or privileges, all with or without consideration and upon such terms and conditions as the Company shall determine, and the Issuer agrees, to the extent that it may legally do so, that it will execute and deliver any instrument necessary or appropriate to confirm and grant or release any such easement, license, right-of-way or other right or privilege or any such agreement or other arrangement, upon receipt by the Issuer of: (i) a copy of the instrument of grant or release or of the agreement or other arrangement, (ii) a written application signed by the Authorized Company Representative requesting such instrument, and (iii) a certificate executed by the Company stating (aa) that such grant or release is not detrimental to the proper conduct of the business of the Company, and (bb) that such grant or release will not impair the effective use or interfere with the efficient and economical operation of the Project and will not materially adversely affect the security of the Bondowners. If the instrument of grant shall so provide, any such easement or right and the rights of such other parties thereunder shall be superior to the rights of the Issuer and the right of the Bondowners and shall not be affected by any termination of this Lease or default on the part of the Company hereunder. If no Event of Default shall have happened and be continuing, any payments or other consideration received by the Company for any such grant or with respect to or under any such agreement or other arrangement shall be and remain the property of the Company, but, in the event of the termination of this Lease because of Default of the Company, all rights then existing of the Company with respect to or under such grant shall inure to the benefit of and be exercisable by the Issuer.