Covenant Binding on Burdened Property Sample Clauses

Covenant Binding on Burdened Property. The Benefited Property Owner and the Burdened Property Owner agree that the terms and conditions of this Agreement are covenants that run with the Burdened Property and are for the benefit of the Benefited Property and can only be released by the Town of Xxxxxx.
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Covenant Binding on Burdened Property. The Benefited Property Owner and the Burdened Property Owner agree that the terms and conditions of this Agreement are covenants that run with the Burdened Property and are for the benefit of the Benefited Property and can only be released by the Benefitted Property Owner and the Burdened Property Owner with the concurrence of the City of Moab. The Burdened Property consisting of Parcel 00-0000-0000 000 X Xxxx Xxxxxx, Xxxx, XX 00000 shall only be burdened insofar as parking is required, on the eastly most portion of said parcel, see exhibit B, and only to the extent necessary to complete required parking spaces not otherwise provided by this or other agreements. The City of Moab shall not, by virtue of this Agreement, have any ownership interest in, or lien upon, either the Burdened or Benefitted Property.
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Related to Covenant Binding on Burdened Property

  • Agreement Binding on Successors This Agreement will be binding upon, and inure to the benefit of, the successors of each of the Parties.

  • SUCCESSION AND BINDING AGREEMENT Except as otherwise set forth herein, all of the terms and provisions of this Agreement shall be binding upon and shall inure to the benefit of the successors and assignees of Department and Concessionaire and binding on a Trustee in bankruptcy.

  • EFFECTIVE AND BINDING AGREEMENT Xxxxx and OIG agree as follows:

  • Valid and Binding Obligation This Agreement constitutes the legal, valid and binding obligation of the Grantor, enforceable against the Grantor in accordance with its terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization, moratorium, and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by laws relating to the availability of specific performance, injunctive relief, or other equitable remedies, and (iii) to the extent the indemnification provisions contained in this Agreement may be limited by applicable federal or state securities laws.

  • Non-Binding Unless expressly authorised in writing by the Group-Wide Lenders and then on such terms and conditions as the Group-Wide Lenders may require, the Steering Committee shall not negotiate the terms of or enter into any agreement on behalf of the Group-Wide Lenders of any of them. This Clause 19 and Clause 14.4 may be relied upon by any member of the Steering Committee notwithstanding the provisions of Clause 17.11.

  • Agreement Binding This Agreement shall be binding upon the heirs, executors, administrators, successors and assigns of the parties hereto.

  • Binding on Successors This Agreement will be binding on, and will inure to the benefit of, the parties to it and their respective heirs, legal representatives, successors, and assigns.

  • Binding on Assigns This Settlement shall be binding upon, and inure to the benefit of, the Parties and their respective heirs, trustees, executors, administrators, successors, and assigns.

  • Binding Agreement Date The Binding Agreement Date in this transaction is the date of and has been filled in by .

  • Legal and Binding Agreement This Agreement is legal and binding between the Parties as stated above. This Agreement may be entered into and is legal and binding both in the United States and throughout Europe. The Parties each represent that they have the authority to enter into this Agreement.

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