License to Use Right-of-Way
THIS AGREEMENT dated as of Effective Date of Agreement (ie. July 1, 2000) between Name of Party Granting License to Use Right-of-Way (Grantor), of Address of Grantor (the “Licensor”) and Name of Party Receiving License to Use Right-of-Way (Grantee), of Address of Grantee (the “Licensee”).
IN CONSIDERATION of the mutual covenants and conditions hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The Licensor hereby grants to the Licensee a license (the "License") to use a right-of-way (the "Right-of-Way") for persons and vehicles over the following property: Describe in detail lands over which Right-of-Way Extends 2. The term of the License (the "Term") shall commence on the date of this Agreement and shall continue for a period of Period (term) of License (ie. one week, three months, two years, etc..) thereafter, at which time this Agreement shall terminate. The Licensee shall pay to the Licensor, a licensing fee for use of the Right-of-Way, in advance, in the amount of Amount of License Fee, if any (ie. $1,500.00 per year, $100.00 per month, etc...). During the Term, the Licensee shall at all times maintain the Right-of-Way in a state of good repair. The Licensee acknowledges and agrees that it shall have no right, title or interest in the Right-of-Way or in the property on which the Right-of-Way is located, except as expressly set forth in this Agreement. This Agreement is sets forth the entire agreement between the parties relating to the subject matter hereof and stands in the place of any previous agreement, whether oral or in writing. The parties agree that no amendment to this Agreement shall be binding upon the parties unless it is in writing and executed by both parties. This Agreement shall enure to the benefit of and be binding upon the respective heirs, executors, administrators and assigns of each of the parties hereto.
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IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date first above written.
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Witness
Licensor
Witness
Licensee