Extract to table

As used in this Agreement, the following terms shall have the meanings set forth below

Capitalized terms used but not otherwise defined in this Agreement shall have the meanings ascribed to them in the Recitals, which are incorporated into and made a part of this Agreement

The easement granted herein is appurtenant to Grantee's governmental functions and responsibilities in connection with the Project and shall run with the land in perpetuity

This easement shall be binding upon Grantor, its successors, heirs, and assigns, and shall inure to the benefit of Grantee and its successors and assigns

In the event of any conflict or inconsistency between the metes-and-bounds legal description set forth in Exhibit B and the graphical depiction of the Easement Area on the Easement Plat set forth in Exhibit A, the metes-and-bounds legal description in Exhibit B shall govern and control

The title insurance policy shall be in an amount not less than the easement compensation of Three Hundred Fifteen Thousand Dollars ($315,000)