Binding Effect of Contract Sample Clauses

Binding Effect of Contract. This Contract shall not be binding on either party until executed by both Purchaser and Seller. Neither the Escrow Agent’s nor the Broker’s execution of this Contract shall be a prerequisite to its effectiveness. Subject to Section 13.3, this Contract shall be binding upon and inure to the benefit of Seller and Purchaser, and their respective successors and permitted assigns.
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Binding Effect of Contract. The contract shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and assigns.
Binding Effect of Contract. This contract and the covenants and agreements hereof shall bind and inure to the benefit of parties to this contract, and their respective heirs, personal representatives, successors and assigns. Unless the contract otherwise requires, the covenants of this agreement will survive the transfer of title.
Binding Effect of Contract. Both Parties agree that the terms of this Contract and any extension or renewal thereof shall extend to and be binding upon the administrators, assigns, successors, and transferees of the contracting parties.
Binding Effect of Contract. Both Parties agree that the term s of this contract and any extension or renewal thereof shall extend to and be binding upon the administrators, assigns, successors, and transferees of the contracting parties.
Binding Effect of Contract. OWNER hereby subjects the Historic Site to the covenants, reservations, and restrictions set forth in this Contract. CITY and OWNER hereby declare their specific intent that the covenants, reservations, and restrictions as set forth in this Contract shall be deemed covenants running with the land and shall pass to and be binding upon OWNER’S successors and assigns in title or interest to the Historic Site. Each and every contract, deed, or other instrument hereinafter executed, covering or conveying the Historic Site, or any portion thereof, shall conclusively be held to have been executed, delivered, and accepted subject to the covenants, reservations, and restrictions expressed in this Contract regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. CITY and OWNER hereby declare their understanding and intent that the burden of the covenants, reservations, and restrictions set forth herein touch and concern the land, in that OWNER’S legal interest in the Historic Site is rendered less valuable thereby. CITY and OWNER hereby further declare their understanding and intent that the benefit of such covenants, reservations, and restrictions touch and concern the land by enhancing and maintaining the historic characteristics and significance of the Historic Site for the benefit of CITY, the public, and OWNER.
Binding Effect of Contract. This contract shall be binding on the heirs, administrators, executors, successors or assigns of both parties.
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Binding Effect of Contract. Xxxxx acknowledges and agrees that this Contract (together with all Exhibits and Addenda attached hereto) is an important legal document, and that the execution of this Contract by Buyer indicates that Buyer understands Buyer’s rights and obligations under this Contract and that Buyer has sought (or has been given the opportunity to seek) legal advice regarding this Contract and the Association Governance Documents.
Binding Effect of Contract. The Contract shall be binding upon and inure to the benefit of the parties, their agents, servants, employees, successors, and assigns unless otherwise set forth herein or agreed to by the parties.
Binding Effect of Contract. Buyer acknowledges and agrees that this Agreement is an important legal document, and that the execution of this Agreement by Buyer indicates that Buyer understands its rights and obligations under this Agreement and that Buyer has sought (or has been given the opportunity to seek) legal advice regarding this Agreement.
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