Common use of Covenants Running with the Land Clause in Contracts

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of the GLO and/or HUD, and its successors, and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if the Property shall not include title to land, but shall include a leasehold interest in the land, this Agreement and the covenants, reservations, and restrictions shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon expiration of the Term in accordance with the terms hereof said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and re-recorded or re- filed in the Real Property Records of the county in which the Property is located, and shall pay or cause to be paid all recording, filing, or other taxes, fees and charges, and shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of GLO or HUD to enforce this Agreement.

Appears in 6 contracts

Samples: Glo Contract, Glo Contract, Glo Contract

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Covenants Running with the Land. During the Term, this This Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of the GLO and/or HUD, and its successors, the GLO and its successors, and/or HUD and its successors and shall pass to and be binding on DeveloperXxxxxxxxx’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with with, and satisfaction of, the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed recorded, filed, re-recorded, and re-recorded or re- filed as needed in the Real Property Records real property records of the county clerk for each county in which the Property Project is physically located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.

Appears in 2 contracts

Samples: Glo Contract, Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-007-B929 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-037-C405 Page 16 of 18 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-039-C547 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-032-C400 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-019-B940 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-025-C026 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-026-C393

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-002-B924 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During Except as otherwise provided in Section 5 of this Restriction, Owner hereby subjects the Term, this Agreement and Property to the covenants, reservations, covenants and restrictions contained set forth in this Restriction. Owner hereby declares its express intent that the covenants and restrictions set forth herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of the GLO and/or HUD, and its successors, and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if the Property shall not include title to land, but shall include a leasehold interest in the land, this Agreement and the covenants, reservations, and restrictions shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon expiration of parties having any interest in the Term in accordance with the terms hereof said covenants, reservations, and restrictions shall expire. During Property throughout the Term, each . Each and every contract, deed, lease or other instrument hereafter executed covering of covering, conveying or otherwise transferring the Property or an Assisted Unit or any portion thereof interest therein, as the case may be, (a "Contract") shall conclusively be held to be have been executed, delivered, delivered and accepted subject to such covenants, reservations, and restrictions, this Restriction regardless of whether the other party or parties to such covenants, reservations, Contract have actual knowledge of this Restriction. The Owner and the City hereby declare their understanding and intent that: (i) the covenants and restrictions are contained in this Restriction shall be construed as covenants running with the land pursuant to California Civil Code Section 1468 and not as conditions which might result in forfeiture of title by Owner; (ii) the burden of the covenants and restrictions set forth in such contract, deed, or other instrument. If a portion this Restriction touch and concern the Property in that the Owner's legal interest in the Property and all improvements thereon may be rendered less valuable thereby; and (iii) the benefit of the covenants and restrictions set forth in this Restriction touch and concern the land by enhancing and increasing the enjoyment and use of the Property is conveyed during and Owner Occupied Assisted Units by Eligible Persons or Families, the Term, all intended beneficiaries of such covenantscovenants and restrictions. All covenants and restrictions contained herein without regard to technical classification or designation shall be binding upon Owner for the benefit of the City, reservations, or the Agency and Eligible Persons and Families and such covenants and restrictions shall run in favor of such parties for the entire period during which such covenants and restrictions shall be in force and effect, without regard to each portion whether the City or the Agency is an owner of the Property. Developer, at its own cost any land or interest therein to which such covenants and expense, shall cause this Agreement to be duly recorded or filed and re-recorded or re- filed in the Real Property Records of the county in which the Property is located, and shall pay or cause to be paid all recording, filing, or other taxes, fees and charges, and shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of GLO or HUD to enforce this Agreementrestrictions relate.

Appears in 1 contract

Samples: Control Agreement

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-036-C404 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-012-B933

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-003-B925 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-035-C403 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-038-C406

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

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Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-004-B926 Page 16 of 18 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-029-C397 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During All covenants contained in the Term, this Agreement and the covenants, reservations, and restrictions contained herein Loan Documents shall be deemed covenants running run with the land for the benefit of the Developer and its successors and for the benefit of the GLO and/or HUD, and its successors, and shall pass to Property and be binding on Developer’s heirs, assigns, TRUSTOR and successors in title to any successor owners of the Property, or if the Property shall not include title to land, but shall include a leasehold interest in the land, this Agreement and the covenants, reservations, and restrictions shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon expiration any limitation of liability contained in this TRUST DEED or in any Loan Document, shall not inure to the benefit of any successor owner of the Term Property unless the prior written consent of BENEFICIARY to the transfer of Property to such owner shall have been obtained in accordance with Paragraph 17 (Transfer of Property). If the terms hereof said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering ownership of conveying the Property or any portion thereof shall conclusively be held becomes vested in a person or persons other than TRUSTOR, BENEFICIARY may, without notice to be executedTRUSTOR, delivered, deal with such successor or successors in interest of TRUSTOR with reference to this TRUST DEED and accepted subject the Obligations in the same manner as with TRUSTOR without in any way releasing or discharging TRUSTOR from its obligations hereunder. By accepting title to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, all or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each any portion of the Property. Developer, any such successor to TRUSTOR shall be deemed to have assumed, without the need for executing further documentation, TRUSTOR'S obligations hereunder and under the other Loan Documents, and such successor shall, at its own cost the request of BENEFICIARY, execute such additional documents, certificates, affidavits, and expenseinstruments as BENEFICIARY deems necessary and appropriate to evidence such successor's assumption of TRUSTOR'S obligations hereunder and under the other Loan Documents. TRUSTOR will give immediate written notice to BENEFICIARY of any conveyance, shall cause this Agreement to be duly recorded transfer or filed and re-recorded or re- filed in the Real Property Records change of ownership of the county Property or any portion thereof or interest therein and any transfer, whether or not prohibited, described by Paragraph 17 (Transfer of Property), but nothing in which this Paragraph shall vary or negate the Property is located, and shall pay or cause to be paid all recording, filing, or other taxes, fees and charges, and shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect effect of the ability provisions of GLO or HUD to enforce this AgreementParagraph 17 (Transfer of Property).

Appears in 1 contract

Samples: Knightsbridge Fine Wines Inc

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-030-C398 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-027-C395 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-013-B934

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-014-B935 IX. MISCELLANEOUS

Appears in 1 contract

Samples: Glo Contract

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 19-097-041-B662 IX. MISCELLANEOUS

Appears in 1 contract

Samples: s3.glo.texas.gov

Covenants Running with the Land. During the Term, this Agreement and the covenants, reservations, and restrictions contained herein shall be deemed covenants running with the land for the benefit of the Developer and its successors and for the benefit of successors, the GLO and/or HUD, and its successors, and/or HUD and its successors and shall pass to and be binding on Developer’s heirs, assigns, and successors in title to the Property, or if . If the Property shall does not include title to land, land but shall include includes a leasehold interest in the such land, this Agreement and the covenants, reservations, and restrictions contained herein shall bind the leasehold interest as well as the Property and shall pass to and be binding upon all heirs, assigns, and successors to such interests; provided, however, that upon . Upon expiration of the Term and in accordance with the terms hereof hereof, said covenants, reservations, and restrictions shall expire. During the Term, each and every contract, deed, or other instrument hereafter executed covering of or conveying the Property or any portion thereof shall conclusively be held to be executed, delivered, and accepted subject to such covenants, reservations, and restrictions, regardless of whether such covenants, reservations, and restrictions are set forth in such contract, deed, or other instrument. If a portion of the Property is conveyed during the Term, all of such covenants, reservations, or restrictions shall run to each portion of the Property. Developer, at its own cost and expense, shall cause this Agreement to be duly recorded or filed and recorded, filed, re-recorded recorded, or re- re-filed in the Real Property Records of the county in which the Property is located. Developer shall pay, and shall pay or cause to be paid paid, all recording, filing, or other taxes, fees fees, and charges, and . Developer shall comply with all such statutes and regulations as may be required by law in order to establish, preserve, and protect the ability of the GLO or HUD to enforce this Agreement.. Attachment G GLO Contract No. 20-063-011-B932

Appears in 1 contract

Samples: Glo Contract

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