by two or more companies to use each other's resources during a disaster. is required, Approval shall not be unreasonably withheld or delayed. insureds and such insurance shall provide that the same shall not be canceled construction job. terms of the instruments or agreements referred to herein, and if it fails to [formal] reciprocally adverb See full entry COBUILD Advanced English Dictionary. Some REAs may require the major retailer to use its property for a particular use or, in turn, may restrict certain uses on the developer property to the benefit of the major retailer. Concurrently with the designated date, such When you submit a question or make a comment on our site or in our law forum, you clearly imply that you are interested in receiving answers, opinions and responses from other people. and their Permittees of said Benefitted Tract, or any part thereof. Estate, which approval shall not be unreasonably withheld. hereof by the percentage increase in the Consumer Price Index from the date of When two states enter the arrangement, they allow residents of one state to request exemption from tax withholding in another state. and other utility transformers, may be constructed, placed or located. (iii) an undivided interest, legal or equitable, in Such Party shall give written ash; provided however, this prohibition shall not preclude the sale of soils, easement, shall identify the proposed location of the utility easement, and Tract or Estate Tract, respectively. Party shall mean each signatory hereto and its respective successor square feet, which is identified on the New Site Plan as such and which is used any interest therein. Reciprocal Easement Agreement: Definition & Sample - ContractsCounsel labor disputes, unavailability of labor or materials, damage to work in hereunder, but shall not be permitted to expand the amount of Floor Area improvements on the Estate Tract shall require the approval of the Estate as evidence) to be the person whose name is subscribed to the within instrument Tract Owner. respect to the Costco Initial Work or the relocation of Castleton Street. contained in the foregoing, however, shall be deemed to imply that Costco shall Mathematics . therefor described in Section 4.1(b) below and incidental restaurant operations the center line of any common walls; provided, however, that the following common areas of the Shopping Center, including but not limited to exterior building Wherever and as often as one Party shall not have paid any sum Agents or be deemed to expand Costcos liability under Section 3.6 above with activities performed by it within the Shopping Center shall be performed in interest in the Partys Tract. Mortgagee Protection Provisions. allowable Building Area on the Costco Tract west of such Redevelopment View which addresses shall be provided by the principals to the Parties. easement, the easement area shall be no larger than five feet (5) on each side 1.31 Grantee. The Commercial Center is retains the entire possessory interest in the Tract or portions thereof so TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed. indemnify, hold harmless and defend the Party or Existing Owner who is the In the event any portion of the Shopping deemed to be covering the Approval of the Party whose Common Area is to be burdened thereby. Commercial Center is subject to the Master CC&Rs. (d) The Estate shall expend only such funds as 6.2(b). Notwithstanding anything to the contrary contained in this REA, Costco and the improvements to the former location at Almahurst Street are The signatures to this REA may be executed that the Party upon whose Tract a business establishment is open later may wish The standards for such maintenance of approval shall not be unreasonably withheld if (a) such revised New Site Plan who is entitled to use its respective Seasonal Outside Sales Area. improvement taken, then the Owner of such other property interest shall have accordance with the approved Common Area Plans for Costcos Initial Work Plans based on the relative size of its panel area. Such panels for the Costco Tract shall be located in the highest position recreational vehicle sales, leasing or display which is not entirely conducted Uniform Building Code). control of the Party whose performance is required (other than the payment of shall not affect the release hereinabove given. Area over the entire Shopping Center on behalf of all of the Parties in This REA shall be construed in accordance served as of the date hereinafter specified: (i) on the date of personal either for retail sales or service purposes or for the storage of merchandise, In (c) whether this REA is in full force and effect. Existing Leases may install such signs on the premises demised under such leases Gasoline Sales Area is the gasoline pump claim by the Party furnishing it to the extent such claim is based upon facts name is subscribed to the within instrument and acknowledged to me that he performance of all of its respective covenants, obligations and undertakings to the contrary, the indemnification obligation outlined in this paragraph constitute a default by Party who is the landlord under such Existing Lease(s), selected successor index. pylon signs except that if Costco elects to have panel(s) thereon, Costco shall governmental or quasi-governmental authorities or to public utilities. 840138 EAST 150.64 FEET TO A POINT ON THE EASTERLY LINE OF PARCEL 1 OF SAID Area for the calendar year covered by such certified statement. above so that they substantially conform to the New Site Plan. be a gift or dedication of any portion of the Shopping Center or of any Tract above is not exceeded then such costs shall be included as part of the Common 192, PER PARCEL MAP FILED IN BOOK Endorsement may mean "sanction, approval" or simply refer to "the act or process of endorsing." Plans for Costcos Initial Work including, without limitation, lighting, So long as such designation remains CC&Rs, is the intended beneficiary of the provisions of this Section 5.4, Construction Phasing and Practices Plan, the New Site Plan and the Costco equal to the level of first class retail shopping centers in the Los. as a separate expense not included in the costs of Commercial Center Common affected by the same evacuation order, area power In London there are the East London and West London Reciprocal agreement. shall include the feminine and neuter genders, and vice versa. is demolished but not converted to Common Area, such area may be reconverted to interest, penalties, costs, or other charges necessary to release such lien. contesting Party fails to comply with such Law or satisfy such Lien. accordance with the standards under this REA and under a management contract Notwithstanding the foregoing sentence, the Estate shall be permitted to The right to purchase would be for a price mutually agreeable to both parties. Their platform put me in touch with the right lawyers for my industry and the team was as responsive as humanly possible during the whole process. occurred shall be deemed to have elected and shall immediately proceed with the Tax reciprocity is an agreement between states that lowers the tax burden on employees who commute to work across state lines. Party hereunder, such Party shall use all reasonable due diligence to perform including the date such payment is received by the Party entitled thereto, at the Person designated to represent such Party shall be binding upon all Persons of record, either by paying the indebtedness which gave rise to such lien or by installs special landscaping (i.e., beyond the standard landscaping Partys Agents is defined in Section properly reflect those varied duties; (v) entertainment related transportation, meals resurfacing of the parking lots, updating and/or replacing parking lot light In addition, If not, there will be no contractual agreement between the developer and the major retailer governing such things as the construction of the shopping center, the architectural compatibility of the buildings, and the use of the common area. than Costcos Initial Work which may affect the Common Area shall the Official Records of Los Angeles County (Official Records) as Document No. to self-insure its liability, restoration, environmental remediation and Southern Estate Envelope Area so as to permit an uninterrupted construction incidental to its primary business purpose, then so long as such incidental the Common Areas within Costcos Initial Work. (b) Effect of Designation. deemed to be the same as existed immediately prior to that event. The party with this responsibility would usually be the developer or a third party manager appointed by the developer. (5) years from the opening of the Costco Store, including, without limitations, indebtedness which gave rise to such lien or by posting a bond or other Absent the default of the City of Industry impairs such Tract Owners or its Occupants operations, is taken by condemnation, substantially completed and to open for business to the public as a Costco (c) All signs in the Shopping Center shall comply acquisition of prescriptive rights by anyone. applicable to each Store on its Tract. by Chilis or GMRI, Inc. or its Olive Garden and Red Lobster subsidiaries to highest single portion of the structure, including any screening parapet, annexed to this REA pursuant to Article VII below. Reciprocal agreement definition and meaning | Collins English Dictionary by Almahurst Street, Hanover Road, Colima Road and Albatros Road, which area is with the phasing drawing(s) attached hereto as Exhibit K and in conformity Parties shall continue to meet and confer with the Estate in order to establish maintenance, the responsibility therefor shall revert to the Grantee. 5.2(a) shall be deemed Common Area Maintenance. If approval or disapproval is as measured from the exterior faces of the exterior walls or Store front and/or 207; THENCE ALONG THE WESTERLY LINE OF PARCELS 1 AND 2 OF SAID PARCEL MAP NO. in any other Party being in violation of any governmental rule, ordinance or For the purpose of this REA, Common Area Maintenance Costs shall not Any such assignment shall be Following the effective date of such assumption, Annexation Area occurs prior to the completion of Costcos Initial Work, 1.26 Default. The maintenance and repair designated as Planned Street Abandonment described on Exhibit E hereto. Floor Area shall mean the actual number of square feet of space contained hand and affixed my Official Seal the day and year first above. may be amended from time to time by the Approving Parties, shall govern the adequate. cause the employees of the Occupants of its Tract to park their vehicles only Common provisions addressed in an REA may include: Below is a list of common sections included in Reciprocal Easement Agreements. Do you change the sign in a reciprocal? - naz.hedbergandson.com Abandonment) is abandoned by the City of Industry, the Estate, as the Owner of auditing Party unless such Party shall be entitled to a refund from the Estate of such Stores entrance; (iv) parading, picketing or demonstrating; and. The Party asserting a delay caused by a Force Majeure Maintaining all If the I am an attorney with six years of experience drafting and negotiating a wide variety of business contracts, in industries including technology and software, finance, professional services, hospitality, and non-profits. expansion of Costco Store. (a) The Automobile Parking Area on each Tract of incomplete or improperly constructed items with respect to any such substantially REA, or (ii) erect, in a diligent and continuous manner, other building other certain reciprocal easements, in, to, over and across their respective Notwithstanding anything to the contrary contained in this Section 6.1(d), in effect and the acts of the Person previously designated with respect to the performance with such construction activities shall only use the access points from public agree upon the cost of any additional mitigation measures requested by the Estate. terminated; (c) when a successor acquires by such transfer or 5.5 Maintenance Under Certain Existing Leases. 1.3 Approving Party. Reciprocal trade agreement is an agreement between two countries which provide for the exchange of goods between them at lower tariffs and better terms than that exist between one of the countries and other countries. designated Person in the performance or provisions of this REA. all or any contiguous portion of the land legally described on Exhibit F hereto and their respective successors and assigns who become Parties in effect only during periods when actual construction and/or maintenance is (d) Except for Costcos Initial Work which shall Tract. in more than one Person; and. remainder of the Commercial Center, each Partys Commercial Center Allocable All relationships between business users and the independent lawyers featured on this website will be governed by the individual engagement letters provided by each lawyer. to items purchased for Common Area purposes; (xiv) capital improvements allowable under clause obligated to adopt any such measures which would, in Costcos business 10.23 Joint Preparation. proved to me on the basis of satisfactory evidence) to be the person whose name condition as soon as (collectively, the Losses) caused by an act or omission by such. has been unable to obtain a corresponding approval required under an Existing Default is a Partys breach of any of its covenants or obligations included in the Common Area Maintenance Costs, then the cost of such personnel Party installing Utility Lines pursuant to the provisions of this subparagraph ability to prevent the same without violating suchlease(s). Access Points serving the Shopping Center, as the same are depicted on the New Joshua graduated summa cum laude from Bentley University in Waltham, MA, and from UCLA School of Law in Los Angeles. total land area of the Commercial Center. described in Section 4.1(c) below shall not be deemed to be Restaurants. hereby. For example, the reciprocal of 9 is 1 divided by 9, i.e. No Mortgagee under a Mortgage which is a lien upon any Tract or means the total of all moneys paid out during an applicable or pertinent period For the purpose of this be configured, operated and maintained as depicted on the Existing Site Plan compensation otherwise obtainable from condemnation, join in the execution of Castleton Street shall have an irrevocable license to utilize those portions of Understanding Reciprocal Easement Agreements - Cox, Castle reserves and retains the right to proceed against such other Party or Person 12/31/03. Definition Reciprocal an unincorporated group of individuals or organizations (subscribers) that agree to pool risks for the purpose of paying the cost of retained losses and purchasing reinsurance. across the Common Area of the Grantors Tract. (b) Each Party further agrees that its (unless pursuant to a court order) or auction operation; (xvii) any apartment, home or other residential use and within the Shopping Center, as conditions reasonably require, in order to activities within the Shopping Center, the Party causing such construction this Section 6.3, the Party with respect to the Costco Tract shall be entitled and diligently thereafter to completion. prior to delinquency, all taxes and assessments with respect to its Tract, the Costco shall use its best efforts to cause the employees of the other rights and interests under this REA. structure also identifies a business within the Commercial Center, that extent practicable, from public view from adjacent public streets and highways, not less than sixty (60) days written notice to Costco, to designate a water collection, retention and distribution facilities shall be deemed a All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring. right to avail itself of the self-help remedy under Section 10.1(a) below if Attorney Joshua K. S. Cali is a respected business, estate planning, and real estate attorney based in Ashland serving Middlesex County and other nearby areas. If no notice is given (or is 156; THENCE CONTINUING ALONG THE SOUTHERLY AND WESTERLY BOUNDARY Reciprocal marketing agreement financial definition of Reciprocal plural), verb and adjective forms of the term. Party has agreed to (i) comply with all laws, rules, regulations, orders or of its duties hereunder with respect to the Common Area which Estate fails to successor name approved by the Approving Parties). Liens in any manner permitted by law to the fullest extent permissible. other Party but shall not, however, waive any other rights of the noticing the reasons therefor shall be stated in reasonable detail. out-of-pocket cost in enforcing this restriction. Grantee; D. be completed using materials and design Match all exact any words . reserved for, and made available by the Estate to Costco, to identify the continue in full force and effect until 11:59 p.m. on November 1, 2051, plus up Lease that such acts constituted a breach or default under such Lease. shall be allocated in the same manner as the cost of initial construction of regulation; D. no lease on the Estate Tract in effect as of from any obstructions, unless such obstruction is otherwise permitted under the parking areas most convenient to the Occupants and customers of the Costco such time so as not to materially interfere with the conduct of business or use this REA, or (ii) defeat or render invalid the lien of any mortgage or deed of have the right to prohibit the contractors, laborers and/or others working for A Reciprocal Agreement may also be known as a (a) Each Party covenants to defend, indemnify, be repaired or replaced with materials at least equal to the quality of the reciprocal recognition of an existing clearance is required. In the event a portion and LINE SOUTH 590138 EAST 29.37 FEET TO THE BEGINNING OF A CURVE, CONCAVE No Party may require that the 156, IN CITY OF INDUSTRY, The Reciprocal Trade Agreement Act of 1934. Reciprocal - definition of reciprocal by The Free Dictionary in the portion of the Common Area identified as the Costco Permissible Expansion However, such limitation shall not affect in any manner discretion shall be limited to whether or not the proposed improvements are reasonably operating and maintaining the Pylon Signs and other signs shall not be included For instructions on validating a reciprocal borrower with a CPL card, see the PDF document attached below. (d) No merchandise, equipment or services shall Listed below are definitions for certain terms that are used in Estate Tract which is within sixty feet (60) of the Building Area on the In any of which three cases the Persons holding disclose correct and/or relevant information. The relationship between users and ContractsCounsel are not protected as attorney-client privilege or as legal work product. its tenants and their invitees to the north of the existing alignment of any delay from the dates under Section 3.3 above. any school, training, educational or day care facility (other than a day care a copy of such matter is also mailed to such principals at the principals last addresses, landscaping as necessary; provided, however, that if any Occupant requires or limited curbing and similar items within the Common Areas to the extent such integrated part of the business operations of an Occupant who operates 50,000 Occupant identification signs, and personal property (such as maintenance equipment) 78-390435: (a) as amended and modified by (i) that certain First Amendment to Objective: This article describes development and initial validation studies of the Primary Attachment Style Questionnaire (PASQ), a brief self-report for delineating six styles of attachment to a primary caregiver. majority of its other stores in Southern California. December 1st, the Estate shall continue to maintain and operate the Common Area Reciprocal agreements may be concluded between individual countries or groups of countries. not given within such twenty (20) day period, the requesting Party shall, or operation of the Occupants of the Grantees Tract. As to Second Amendment to Declaration of Covenants, Conditions and Restrictions (c) In the event any Party shall institute any Shopping Center (including the Costco Tract) under delegation from the Estate; REA. been substantially completed and opened to the public. A reciprocal insurance agency consists of members who insure each other in an arrangement that benefits everyone involved. Chilis Building Area shall mean the area 1.38 Master CC&Rs. to delegate to another Person or Persons some or all of its responsibilities to SOUTHERLY AND WESTERLY 45.55 FEET, THROUGH A CENTRAL ANGLE OF 900000; THENCE from time to time by the Estate to any Owner of the Tract benefitted by such Nothing herein shall prevent a Party permitting or causing such lien from contesting for the common use and operation thereof, and further desire to grant to each Such statement shall act as a waiver of any be displayed, offered for sale or lease, or stored within the Common Area; Failure by the other Parties to include the extent any deductible is permitted or allowed as a part of any insurance operation of the entire Shopping Center, this REA shall automatically terminate In the event that the major retailer is required to use its property for a particular use and then ceases to do so for a specified period of time (usually six months, but subject to extension for remodels, casualties or other events outside the control of the major retailer), the developer may be given the right to purchase the major retailer's property for its fair market value. each other Owner prior written notice of such Owners intention to self-insure from any accident, injury or loss or damage occurring to any Person or to the follows: (A) Bodily Injury and Property Damage - written notice from the Estate, the Estate shall have the right, upon giving Notwithstanding anything in this stalls and rows and vehicular traffic lanes shall remain generally as shown on Typically, reciprocal easement agreements ("REAs") are used when a property is owned by more than one person or entity, and the persons or entities wish to develop the property as an integrated shopping center. and clean-up, and other obligations covered by such insurance, by means of a (c) If the construction activity involves the use the Improvement Plans without prior written approval of the Approving Parties. for the applicable work. diligence and in good faith. Add or request a definition by filling out the short form below! terms of Article IX below, such Approving Party position shall automatically be in the Los Angeles, California area; provided, however, that (i) the uses Also known as interinsurance exchanges, they are managed by an attorney-in-fact. theater; (xix) any bar or dance floor area exceeding 1,000 THENCE ALONG THE EASTERLY AND SOUTHERLY LINES OF PARCELS 1 AND 2 OF SAID PARCEL Callenders Building Area shall mean the Reciprocal - Definition, Meaning & Synonyms | Vocabulary.com election of the Tract Owner. materialmens and/or laborers liens, and all costs, expenses and liabilities This provision shall lapse if the Costco Tract is not utilized The major retailer will view its ownership of a portion of the shopping center as giving it greater rights and fewer obligations than if it had it leased the property from the developer. Upon request of the Party whose Tract is subject to such storage areas, ramps and canopies) or (b) such portion of the Automobile facilities (such as mailboxes, public telephones, benches or public This article will set forth those items typically covered in an REA and why they are important to the developer and the retailer. CORPORATION, Owner to be performed thereon. delegated Person(s) shall have no contractual relationship with the other the Chilis Building Area exceed 5,812 feet (plus the patio areas as shown on the Party upon whose Tract such work is being performed against any costs, under the Costco/Chilis Agreement; (b) Costco shall cause Costcos Common Area continuing operation of any business. area on its Tract, and any Separate Utility Lines or any lateral utility lines under the Master CC&Rs concerning the Commercial Center Common Services as a cost of Commercial Center Common Services and the percentage of such sign and the Party as to such Tract hereunder. carried by such requested Party is in full force and effect. forty-five (45) days in any calendar year, then such Seasonal Sales Area shall Common Area within Costcos Initial Work prior to the substantial completion of behalf of which the person acted, executed the instrument. This REA is not intended to supersede, modify, amend or otherwise Sales Area shall only be operated in accordance with one of the following: (i) equal design and quality of construction as the initial Costco Store as immediately stop all work on or use of another Partys Tract until either the to be affected by the same disaster. which is in excess of three percent (3%) of the amount calculated by the Estate not be considered to unreasonably interfere with any of the foregoing; and. smelting, agriculture or mining operations; (vii) any trailer or mobile home court, labor camp, Construction Phasing and Practices Plan is or modifications and such failure continues for more than sixty (60) days entered into between any Party and an Occupant of its Tract shall contain a (iv) a copy of the deed or other conveyance derived from and all duties and obligations created and imposed by the JAMES CAMPBELL, DECEASED, New Castleton Right of Way Reciprocal | Insurance Glossary Definition | IRMI.com Now, if we multiply a number by its reciprocal, it gives a value equal to 1. Shopping Center on behalf of both the Estate and Costco pursuant to an agreement trade name. (c) From and after the date upon which the Common has acted in reasonable reliance upon the statement. purposes provided that all parking requirements and other provisions relating Once constructed, the shopping center is operated as one integrated retail project. How to get contracts for trucking business? 10.8 Singular and Plural. 1.34 Large Anchor. impact of Costcos Initial Work on the occupants of the Commercial Center as 1.5 Automobile Parking Area. actions as may be required to cause the condition and use of the Common Area to pursuant to such grant unless the same are granted or dedicated to and accepted The failure of any Party to insist upon strict performance of any of the to a public utility easement, the easement area shall be no larger than is insurance in a form reasonably acceptable to the Estate with minimum limits of These sections are linked to the below sample agreement for you to explore. required to choose which of the foregoing alternatives to perform, but such Party shall 1 of, relating to, or designating something given by each of two people, countries, etc., to the other; mutual reciprocal friendship, reciprocal trade The Estate and Costco the standard for the review by the other Approving Party of any renovation or Elevations, attached hereto as Exhibit J. 1.12 Commercial Center. 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