Purchaser’s Covenants. THE PURCHASERS DO AND EACH OF THEM DOTH HEREBY COVENANT WITH THE VENDORS AND THE BUILDER as follows:
Purchaser’s Covenants. The Purchaser will have performed and complied with all covenants, agreements and conditions as required by this Agreement.
Purchaser’s Covenants. Purchaser shall have performed in all material respects all covenants and obligations required to be performed by Purchaser on or before the Closing Date.
Purchaser’s Covenants. Purchaser covenants and agrees as follows:
Purchaser’s Covenants. The Purchaser covenants and agrees with the Developer:
a) to comply with all the by-laws, restrictions and requirements of the Municipality in respect of the Purchaser's construction and other activities on the Lot, including those set forth in the Development Agreement;
b) that the Developer shall be at any time entitled to enter upon the Lot to perform any work required by the Municipality;
c) that the Developer will plug the sewer service when the lot line services are installed. The Purchaser agrees that the plug shall not be removed to connect the dwelling, until the foundation excavation has been backfilled and the roof of the dwelling has been sheathed and shall indemnify the Developer and the Municipality against all actions, claims, demands, damages, loss and costs, including legal and court costs suffered or incurred by the Developer or the Municipality arising out of any failure by Purchaser to do so;
d) that the Purchaser shall install at its own expense all sewer connections to the dwelling to be erected on the said Lot, all in accordance with the requirements of the Municipality and subject to any warranties imposed under a Development Agreement relating to the Lot, and to secure from the Municipality all necessary permits in connection therewith;
e) to trench and backfill from the property line of the Lot to service connections to the dwelling for utilities at the Purchaser's expense and to pay all charges with respect to the above services and equipment;
f) to grade and sod all adjacent front and side boulevard areas abutting the Lot, together with any drainage or swale easements located on the Lot, all within two years following issuance of a building permit for the Lot;
g) to install driveway and driveway approach in either concrete or paving stone, or paved alternate approved by the Municipality, from the Road to the dwelling in accordance with applicable standards required by the Municipality including making any required adjustments to the manholes and or curbs, within 18 months following issuance of a building permit for the Lot;
h) to keep any road allowance, utility easement or other nearby public and private lands clear of all excess fill, aggregates or topsoil or any other construction debris;
i) to ensure that excavation will not occur, nor will excavation dirt be stored within two (2) metres in perpendicular width of any area of Lots subject to electrical, gas or telephone utility easements, or any property line where a fence is...
Purchaser’s Covenants. The Purchaser agrees with the Vendor as follows: ACCEPTANCE OF PLAN OF SUBDIVISION:
(a) To forthwith upon request do all acts and execute and deliver all documents, both before and after closing, as may be required by the Vendor or the relevant municipality (the "Municipality") in connection with and the acceptance of the plan of subdivision wherein the Property is situate as a whole by the Municipality.
(b) The Purchaser will not before closing, mortgage, sell, deal with or in any way encumber the Property, directly or indirectly, that he will not permit any lien, execution or conditional sales agreement to be registered or filed and that he will not obstruct or alter the premises.
Purchaser’s Covenants. The Purchaser hereby covenants and agrees as follows:
Purchaser’s Covenants. Purchaser agrees that between the date hereof and the Closing:
Purchaser’s Covenants. The Purchaser doth hereby, agree, accept and covenant with the Sellers as follows:
Purchaser’s Covenants. The Purchaser covenants and agrees with the Company that:
a. No later than three business days following the execution of this Agreement, the Purchaser shall cause to be delivered to the Company an opinion of counsel for Purchaser dated as of the date of this Agreement in form and substance reasonably satisfactory to the Company as to the matters set forth in Section 4a, c, e and f.
b. The Purchaser agrees to take such actions and execute and deliver to the Company such documents and instruments as may be necessary to fully consummate the transactions and agreements of the Purchaser as contemplated by this Agreement.
c. During the period commencing with the execution of this Agreement and terminating on the payment in full of the exercise price as contemplated in Section 1 (the "Option Term"), the Purchaser agrees not to enter into any agreement for the sale or disposition of all or substantially all of the Purchaser's assets (in one or more transactions), or a merger, consolidation or other business combination involving all or substantially all of the Purchaser's assets, unless the Purchaser provide the Company with the express, written agreement by the Purchaser or other successor(s) to assume the Purchaser's obligations and covenants hereunder and, after giving effect to any such sale, disposition, merger, consolidation or other business combination, the Purchaser or other successor(s) shall meet the requirements of Section 4 hereof.
