Recordation/Binding Effect. Within fourteen (14) days after the Town enters into this Agreement, the Developer Owners shall record this Agreement in the Registry. The burdens of this Agreement shall be binding upon, and the benefits of this Agreement shall inure to the Town and its successors in interest, to the Developer Owners and their successors and assigns in title (as defined in [OBEY CREEK: Cross check - Section 2.4]) and, to the extent provided in this Agreement, to the Parcel Owners and their successors and assigns in title (as defined in [OBEY CREEK: Cross check - Section 2.14]). All of the provisions of this Agreement shall be enforceable during the term as equitable servitudes and constitute covenants running with the land pursuant to applicable law.
Appears in 6 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
Recordation/Binding Effect. Within fourteen (14) days after the Town enters into this Agreement, the Developer Owners shall record this Agreement in the Registry. The burdens of this Agreement shall be binding upon, and the benefits of this Agreement shall inure to the Town and its successors in interest, to the Developer Owners and their successors and assigns in title (as defined in [OBEY CREEK: Cross check - Section 2.4]) 2.7 and, to the extent provided in this Agreement, to the Parcel Owners and their successors and assigns in title (as defined in [OBEY CREEK: Cross check - Section 2.14])2.20. All of the provisions of this Agreement shall be enforceable during the term as equitable servitudes and constitute covenants running with the land pursuant to applicable law.
Appears in 4 contracts
Samples: Development Agreement, Development Agreement, Development Agreement
