Common use of Change of Intended Use Clause in Contracts

Change of Intended Use. Buyer covenants and agrees that neither Xxxxx nor any of Xxxxx’s successors or assigns will change its use of the Property from the Intended Use of the Property defined above without obtaining Seller’s prior consent to such change in writing.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement

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Change of Intended Use. Buyer covenants and agrees that neither Xxxxx Buyer nor any of Xxxxxox Xxxer’s successors or successxxx xr assigns will change its use of the Property from the Intended Use of the Property defined above without obtaining Seller’s prior consent to such change in writing.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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Change of Intended Use. Buyer covenants and agrees that neither Xxxxx Buyer nor any of Xxxxx’s 's successors or assigns will change its use of the Property from the Intended Use of the Property defined above without obtaining Seller’s 's prior consent to such change in writing, provided, however, that the Property may be used for market-rate multifamily housing by giving written notice to Seller without the necessity of obtaining Seller's written consent to such change.

Appears in 1 contract

Samples: Real Estate Purchase Agreement

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