BINDING PROVISION Clause Samples
A Binding Provision clause establishes that the terms and conditions outlined in the agreement are legally enforceable and must be adhered to by all parties involved. In practice, this means that once the contract is signed, neither party can disregard or selectively follow the agreed-upon obligations, and any disputes arising from the contract will be resolved according to its terms. The core function of this clause is to ensure that the agreement is not merely a statement of intent but a set of commitments that can be upheld in a court of law, thereby providing certainty and accountability for all parties.
BINDING PROVISION. Parties shall be bound by and comply with the terms and conditions of this Agreement. The Parties undertake with each other to exercise their powers in relation to this Agreement and in a manner consistent with this Agreement.
BINDING PROVISION. This Agreement shall be binding upon and inure to the benefit of the respective legal representatives, successors and assigns of the parties hereto.
BINDING PROVISION. This Agreement is binding of the heirs, representatives, successors, and assigns of the parties hereto.
BINDING PROVISION. The provisions of this contract shall inure to the benefit of and be binding upon respective parties thereto, their successors and assigns.
BINDING PROVISION. This agreement shall be binding upon the grantees, representatives, successors and assigns of subject property, whether or not approved by seller. EXECUTED THE DATE AND YEAR first above written. in the presence of: ________________________________ By: ____________________________________ As its ________________________________ ________________________________ The foregoing instrument was acknowledged before me this day of , 20 by , as its ______________________ who is personally known to me or who has produced _________________________________________________________________________________ as identification. _______________________________________ Notary Public – State of Florida ________________________________ By: _____________________________________ As its President . ________________________________ The foregoing instrument was acknowledged before me this day of , 20 by ▇▇▇▇ ▇▇▇▇▇▇▇▇ , as its President who is personally known to me or who has produced ___________________________________________________________ as identification. _______________________________________ Notary Public – State of Florida “GUARANTOR” ________________________________ By: ____________________________________ ________________________________
BINDING PROVISION. This Agreement shall be binding upon and inure to the benefit of the respective legal representatives, successors, assignees and transferees of the parties hereto. It shall be the obligation of the Owner to provide information to any legal representative, successor, assignee or transferee in the event of either transfer or sale of the Unit.
BINDING PROVISION. Parties shall be bound by and comply with the terms and conditions of this Agreement and the terms and conditions of Chhattisgarh ▇▇▇▇▇▇▇ Kshetra ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ka Vyayan Niyam, 2008. The Parties undertake with each other to exercise their powers in relation to this Agreement and in a manner consistent with this Agreement and the provisions of Chhattisgarh ▇▇▇▇▇▇▇ Kshetra ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ka Vyayan Niyam, 2008.