Common use of Rights and easements Clause in Contracts

Rights and easements. SELLER shall cause to be granted to PECO ENERGY and its successors and assigns in perpetuity, or for a shorter period as the PARTIES may agree, but not less than the term of this AGREEMENT, at no cost to PECO ENERGY, all necessary rights and easements to construct, purchase, install, operate, maintain, repair, renew, replace, remove and relocate (a) PECO ENERGY INTERCONNECTION EQUIPMENT, (b) the metering and telemetering equipment described in Articles XI and XII hereof and (c) any PECO ENERGY facilities affected by the PROJECT. SELLER shall execute and deliver to PECO ENERGY, in recordable form, such instruments as PECO ENERGY may request with respect to the foregoing. SELLER also shall obtain all necessary rights and easements to construct, install, own, operate, and maintain the PROJECT.

Appears in 2 contracts

Sources: Agreement for Purchase of Electric Output (Phase I) (NRG Generating U S Inc), Agreement for Purchase of Electric Output (NRG Generating U S Inc)