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created, made, and reserved for the benefit of the Parcels, Declarant, the Owners and all other Parties <br />in Interest for the purpose of providing common parking on the Improved Parcels (the "Project <br />Common Parking Areas "). The Project Common Parking Easement shall be subject to subsequent <br />limitations as provided in Sections 7 and 8 of this Article I, and to the Owner Covenants. <br />Section 6. Project Common Green Space Areas Easement. Declarant hereby declares, <br />creates, makes and reserves a green space easement (the "Project Common Green Space Easement ") in, <br />under, over, above, across and through those portions of the Real Estate used as common green spaces, <br />including without limitation park -like areas and pedestrian ways. The Project Common Green Space <br />Easement and all rights in and to the Project Common Green Space Easement are declared, created, <br />made, and reserved for the benefit of the Parcels, Declarant, the Owners and all other Parties in <br />Interest for the purpose of providing common green spaces within the Project (the "Project Common <br />Green Space Areas "). The Project Common Green Space Easement shall be subject to subsequent <br />limitations as provided in Sections 7 and 8 of this Article I, and to the Owner Covenants. <br />Section 7. Easement Rights Reserved and Limited. <br />(a) Rights Reserved. In conjunction with the declaration, creation, making, and <br />reservation of the Access Easements, the Utility and Irrigation Easements, the Drainage Easements, the <br />Sign Easement, the Project Common Parking Easement, and the Project Common Green Space Easement <br />(collectively, the "Declared Easements "), Declarant reserves the following rights in favor of Declarant, <br />which rights are subject to the limitations set forth in Subsection 6(b) of this Article I: <br />0) From time to time, and at any time, to install, service, maintain, repair, <br />and replace any portion of the Common Access Ways, the Utility Systems, the Drainage System, <br />the Irrigation System, the Signs, the Project Common Parking Areas, or the Project Common <br />Green Space Areas. The rights set forth in this clause (i) collectively are referred to as the <br />"Easement Maintenance Rights "; <br />(ii) From time to time, and at any time, to execute and record, without the <br />consent of any Owner or Party in Interest, additional instruments that Declarant, in its sole <br />discretion, determines to be necessary or appropriate to accomplish the purposes of Sections 1 <br />through 6 of this Article I, which bind the Owners and Parties in Interest, and: (A) limit the area <br />of any Declared Easement to a defined or specified part of the Real Estate; (B) define or specify <br />the location of any Declared Easement relocated by Declarant pursuant to clause (iii) of this <br />Subsection; or (C) memorialize the abandonment or relocation of any Declared Easement <br />pursuant to clause (iii) of this Subsection; <br />(iii) From time to time, and at any time, to abandon or relocate any one or <br />more of the Declared Easements, if Declarant, in its sole discretion, determines that the <br />abandonment or relocation is necessary or appropriate for: (A) compliance with any law, statute, <br />ordinance, rule, regulation, order, or standard (the "Law(s) ") of any municipality or other <br />political subdivision or governmental body or agency (collectively, the "Municipality "); (B) <br />compliance with the requirements of any public or private utility provider (collectively, the <br />"Utility Provider "); (C) the abandonment or relocation of another Declared Easement; (D) the <br />construction, erection, installation, or alteration of a building or other improvement; or (E) the <br />-4- <br />