Common use of Effect and Duration of Covenants Clause in Contracts

Effect and Duration of Covenants. The covenants established in this Agreement shall run with the land, without regard to technical classification and designation, and shall be for the benefit and in favor of and enforceable against the original Developer and successors in interest by the Agency or the City. Unless set forth otherwise, the covenants described in this Part 4 shall commence upon the Closing and shall remain in effect for the duration of the Redevelopment Plan.

Appears in 2 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement

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Effect and Duration of Covenants. The covenants established in this Agreement shall run with the land, without regard to technical classification and designation, and shall be for the benefit and in favor of and enforceable against the original Developer Owner and successors in interest by the Agency or the City. Unless set forth otherwise, the covenants described in this Part 4 shall commence upon the Closing and shall be set forth in the Agreement Affecting Real Property (Attachment No. 6) and shall remain in effect for during the duration of the Redevelopment Planperiods specified therein.

Appears in 1 contract

Samples: Participation Agreement

Effect and Duration of Covenants. The covenants established in this Agreement shall run with the landland and, without regard to technical classification and designation, and shall be binding for the benefit and in favor of the Agency, its successors and enforceable against assigns, and the original Developer and successors in interest by the Agency or the City. Unless City for such periods as set forth otherwise, herein. Those certain covenants also contained in the covenants described in this Part 4 shall commence upon the Closing and Agreement Affecting Real Property shall remain in effect for the duration of the Redevelopment Planperiods specified therein.

Appears in 1 contract

Samples: Owner Participation Agreement

Effect and Duration of Covenants. The covenants established in this Agreement shall run with the landland and, without regard to technical classification and designation, and shall be binding for the benefit and in favor of the City and enforceable against the original Developer its successors and successors in interest by the Agency or the City. Unless assigns for such periods as set forth otherwise, herein. Those certain covenants also contained in the covenants described in this Part 4 shall commence upon the Closing and Agreement Affecting Real Property shall remain in effect for the duration of the Redevelopment Planperiods specified therein.

Appears in 1 contract

Samples: Owner Participation Agreement

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Effect and Duration of Covenants. The covenants established in this Agreement shall run with the land, without regard to technical classification and designation, and shall be for the benefit and in favor of and enforceable against the original Developer and successors in interest by the Agency or the City. Unless set forth otherwise, the The specific covenants described in this Part 4 shall commence upon be set forth in the Closing Grant Deed and/or the Agreement Affecting Real Property and shall remain in effect for the duration of the Redevelopment Planrespective periods specified therein.

Appears in 1 contract

Samples: Disposition and Development Agreement

Effect and Duration of Covenants. The covenants established in this Agreement shall run with the land, and without regard to technical classification and designation, and shall be binding for the benefit and in favor of of, and enforceable against the original Developer Owner and successors in interest by the Agency or the City. Unless , its successors and assigns, for such periods set forth otherwise, the covenants described in this Part 4 shall commence upon the Closing and shall remain in effect for the duration of the Redevelopment Planherein.

Appears in 1 contract

Samples: Housing Commission Agreement

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