Common use of Agreement Effect Clause in Contracts

Agreement Effect. The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties hereto, their respective successors and assigns and the benefits and burdens shall run with the Property. Developer shall record this Agreement against the title to the Property along with the recording of the Final Plat. Developer warrants and guarantees that this Agreement shall have priority on the property records over any other lien or encumbrance. Developer shall provide the City with evidence, which sufficiency shall be determined by the City, that this Agreement is recorded and all conditions herein have been satisfied prior to the City processing or approving any building permits or other permits applicable to the development of the Property.

Appears in 10 contracts

Samples: Development Agreement, Development Agreement, Development Agreement

AutoNDA by SimpleDocs

Agreement Effect. The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties hereto, their respective successors and assigns and the benefits and burdens shall run with the Property. Developer shall record this Agreement against the title to the Property along with within 30 days after the recording of the Final PlatEffective Date. Developer warrants and guarantees that this This Agreement shall be executed by or consented to by any and all parties that have priority on an interest in the property records over any other lien or encumbranceProperty that would affect the validity of this Agreement. Developer shall provide the City with evidence, which sufficiency shall be determined by the City, that this Agreement is recorded and all conditions herein have been satisfied prior to the City processing or approving any building permits or other permits applicable to the development of the PropertyDevelopment Area and certificates of occupancy.

Appears in 1 contract

Samples: www.maplegrovemn.gov

AutoNDA by SimpleDocs

Agreement Effect. The terms and conditions of this Agreement shall be binding on and inure to the benefit of the Parties hereto, their respective successors and assigns and the benefits and burdens shall run with the Property. Developer shall record this Agreement against the title to the Property along with the recording of the Final Plat. Developer warrants and guarantees that this Agreement shall have priority on the property records over any other lien or encumbranceencumbrance required by the City Attorney. Developer shall provide the City with evidence, which sufficiency shall be determined by the City, that this Agreement is recorded and all conditions herein have been satisfied prior to the City processing or approving any building permits or other permits applicable to the development of the Property.

Appears in 1 contract

Samples: Development Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.