Common use of Owner’s Covenant Clause in Contracts

Owner’s Covenant. The Owner covenants and agrees with the Regional District that during the [ for Notch Summit use five‐year period; for Lookout use three‐year period] commencing on the reference date of this Covenant [For Notch Summit use the date of the first Subdivision of the Lakes District Lands. For Lookout, use the date of the first Subdivision in Phase 1e of the Lakes District Lands] (the “Term”), except as may be consented to by the Regional District in writing subject to section 3 hereof, the Owner:

Owner’s Covenant. The Owner covenants and agrees with the Regional District that during the [ [ ♦ for Notch Summit use five‐year five-year period; for Lookout use three‐year three-year period] commencing on the reference date of this Covenant [For ♦For Notch Summit use the date of the first Subdivision of the Lakes District Lands. For Lookout, use the date of the first Subdivision in Phase 1e of the Lakes District Lands] (the “Term”), except as may be consented to by the Regional District in writing subject to section 3 hereof, the Owner:

Owner’s Covenant. The Owner covenants and agrees with the Regional District that during the [ [ t for Notch Summit use five‐year five-year period; for Lookout use three‐year three-year period] commencing on the reference date of this Covenant [For tFor Notch Summit use the date of the first Subdivision of the Lakes District Lands. For Lookout, use the date of the first Subdivision in Phase 1e of the Lakes District Lands] (the “Term”), except as may be consented to by the Regional District in writing subject to section 3 hereof, the Owner: