Common use of Abatement and Suit Clause in Contracts

Abatement and Suit. The conditions, convenants, restrictions and reservations herein contained shall run with the real property, and shall be binding upon and inure to the benefit of the DECLARANT, and the Owners of every Site on the real property. These conditions, convenants, reservations and restrictions may be enforced as provided hereinafter by DECLARANT acting for itself or as DECLARANT acting as trustee, on behalf of all of the Owners of Sites. Each Owner by acquiring an interest in a Site shall appoint irrevocably the DECLARANT as its attorney-in-fact for such purposes; provided, however that if an Owner of a Site notifies DECLARANT of a claimed violation of these conditions, convenants, restrictions and reservations in writing and DECLARANT fails to act within sixty (60) days after receipt of such notification, then, and in that event only, an Owner may separately, at its own cost and expense, enforce the conditions, covenants, restrictions and reservations herein contained and have all of the remedies provided for in Section 7.2 hereafter.

Abatement and Suit. The conditions, convenantscovenants, restrictions and reservations herein contained shall run with the real property, and shall be binding upon and the inure to the benefit of the DECLARANT, and the Owners of every Site on the real property. These conditions, convenantscovenants, reservations and restrictions may be enforced as provided hereinafter by DECLARANT acting for itself or as DECLARANT acting as trustee, on behalf of all of the Owners of Sites. Each Owner by acquiring an interest in a Site shall appoint irrevocably the DECLARANT as its attorney-in-fact for such purposes; provided, however that if an Owner of a Site notifies notified DECLARANT of a claimed violation of these conditions, convenantscovenants, restrictions and reservations in writing and DECLARANT fails to act within sixty (60) days after receipt of such notification, then, and in that event only, an Owner may separately, at its own cost and expense, enforce the conditions, covenants, restrictions and reservations herein contained and have all of the remedies provided for in Section 7.2 hereafter.