Real Covenants Sample Clauses

Real Covenants. The provisions of this Binding Pledge shall be construed as real covenants running with the land and shall bind the Owner and its successors and assigns.
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Real Covenants. The provisions of this Declaration shall be deemed real covenants running with the Property and Building, and shall bind Declarant and its heirs, successors and/or assigns. Every promise, undertaking, agreement, and covenant herein contained on the part of Declarant to be carried out and performed shall be binding upon the Declarant, its heirs, executors, administrators, successors and assigns, and shall be binding upon any person hereafter having any right, title, interest in or to the Property. When Declarant ceases to own an interest in the Property and/or the Building, the rights, warranties, and obligations under this Declaration shall become the rights, warranties, and obligations of the successor-in- ownership and interest as to the Property and/or the Building.
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Real Covenants. ARTICLE 7
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Real Covenants. The terms, covenants and conditions of this Mortgage shall run with the land, shall constitute real covenants and be binding upon the Mortgagor, its successors and assigns, and all subsequently mortgagees, tenants and subtenants of the Premises and shall inure to the benefit of the Mortgagee, subsequent holders of this Mortgage and their respective successors and assigns.
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Related to Real Covenants

  • Special Covenants If any Company shall fail or omit to perform and observe Section 5.7, 5.8, 5.9, 5.11, 5.12, 5.13 or 5.15 hereof.

  • Additional Covenants The Company covenants and agrees with the Agent as follows, in addition to any other covenants and agreements made elsewhere in this Agreement:

  • General Covenants The Corporation covenants with the Warrant Agent that so long as any Warrants remain outstanding:

  • Financial Covenants Section 4.01. (a) The Borrower shall maintain or cause to be maintained records and accounts adequate to reflect in accordance with sound accounting practices the operations, resources and expenditures in respect of the Project of the departments or agencies of the Borrower responsible for carrying out the Project or any part thereof.

  • Mutual Covenants Each Party hereby covenants to the other Party that:

  • Certain Additional Covenants (a) If any Pledgor shall, as a result of its ownership of any of the Collateral, become entitled to receive or shall receive any Stock Certificate (including any Stock Certificate issued pursuant to a stock dividend or a distribution in connection with any reclassification or increase or reduction of capital, or any Stock Certificate issued in connection with any reorganization) or any other certificate evidencing any Collateral, such Pledgor shall accept the same as the agent of the Agent, hold the same in trust for the Agent and deliver the same forthwith to the Agent in the exact form received, duly endorsed by such Pledgor to the Agent, if required, together with an undated stock power covering such Stock Certificate or other certificate duly executed in blank by such Pledgor and with, if the Agent so requests, signature guaranteed, to be held by the Agent, subject to the terms hereof, as additional Collateral. Any sums paid upon or in respect of the Pledged Equity Interests upon the liquidation or dissolution of any Subsidiary shall be paid over to the Agent to be held as additional Collateral. In case any distribution of capital shall be made on or in respect of the Pledged Equity Interests or any property shall be distributed upon or with respect to the Pledged Equity Interests pursuant to the recapitalization or reclassification of the capital of the Pledgor or any Subsidiary or pursuant to the reorganization thereof, as applicable, the capital or property so distributed shall be delivered to the Agent to be held as additional Collateral. If any such capital or property so paid or distributed shall be received by any Pledgor, such Pledgor shall, until such capital or property is paid or delivered to the Agent, hold such money or property in trust for the Agent, segregated from other funds of such Pledgor, as additional Collateral.

  • Collateral Covenants Until the Revolving Credit Facility has been terminated and all the Secured Obligations have been paid in full, unless the Required Lenders shall otherwise consent in the manner provided in SECTION 16.11:

  • Specific Financial Covenants During the term of this Agreement, and thereafter for so long as there are any Obligations to Lender, Borrower covenants that, unless otherwise consented to by Lender in writing, it shall:

  • Additional Covenant In Section 4 add a new paragraph as follows:

  • Additional Covenants of the Parties In addition to the foregoing, the parties covenant and agree as follows:

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