Covenants: Binding Upon Successors in Interest. PERIOD OF DURATION It is intended and agreed that the covenants provided in Sections 8 and 23 shall be covenants running with the land binding to the fullest extent permitted by law and equity for the benefit and in favor of, and enforceable by, the Seller, its successors and assigns, the City, and any successor in interest to the Property, or any part thereof, and the United States (in the case of the covenant provided in subsection (b) of Section 8), against the Buyer, its successors and assigns, and every successor in interest to the Property or any part thereof or any interest therein, and any party in possession or occupancy of the Property or any part thereof. It is further intended and agreed that the covenant provided in subsection (b) of Section 8 shall remain in effect without limitation as to time.
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Samples: Purchase and Sale Agreement, Sample (Agreement
Covenants: Binding Upon Successors in Interest. PERIOD OF DURATION It is intended and agreed that the covenants provided in Sections 8 and 23 19 shall be covenants running with the land binding to the fullest extent permitted by law and equity for the benefit and in favor of, and enforceable by, the Seller, its successors and assigns, the CitySeller, and any successor in interest to the Property, or any part thereof, and the United States (in the case of the covenant provided in subsection (b) of Section 8), against the Buyer, its successors and assigns, and every successor in interest to the Property or any part thereof or any interest therein, and any party in possession or occupancy of the Property or any part thereof. It is further intended and agreed that the covenant provided in subsection (ba) of Section 8 shall remain in effect without limitation as to time.
Appears in 1 contract
Samples: Purchase and Agreement
Covenants: Binding Upon Successors in Interest. PERIOD OF DURATION It is intended and agreed that the covenants provided in Sections 8 and 23 19 shall be covenants running with the land binding to the fullest extent permitted by law and equity for the benefit and in favor of, and enforceable by, the SellerCity, its successors and assigns, the City, and any successor in interest to the Property, or any part thereof, and the United States (in the case of the covenant provided in subsection (b) of Section 8), against the Buyer, its successors and assigns, and every successor in interest to the Property or any part thereof or any interest therein, and any party in possession or occupancy of the Property or any part thereof. It is further intended and agreed that the covenant provided in subsection (ba) of Section 8 shall remain in effect without limitation as to time.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Covenants: Binding Upon Successors in Interest. PERIOD OF DURATION It is intended and agreed that the covenants provided in Sections 8 and 23 shall be covenants running with the land binding to the fullest extent permitted by law and equity for the benefit and in favor of, and enforceable by, the SellerAgency, its successors and assigns, the City, and any successor in interest to the Property, or any part thereof, and the United States (in the case of the covenant provided in subsection (b) of Section 8), against the BuyerRedeveloper, its successors and assigns, and every successor in interest to the Property or any part thereof or any interest therein, and any party in possession or occupancy of the Property or any part thereof. It is further intended and agreed that the covenant provided in subsection (b) of Section 8 shall remain in effect without limitation as to time.
Appears in 1 contract
Samples: Sample (Agreement