Common use of RECORDING AND FILING; COVENANTS TO RUN WITH THE LAND Clause in Contracts

RECORDING AND FILING; COVENANTS TO RUN WITH THE LAND. (a) Following execution by the Development Owner and the Authority, the Development Owner shall cause this AGREEMENT and all amendments hereto to be recorded and filed in the office of the Circuit Clerk and Ex-Officio Recorder of the County in which the Development is located, and shall pay all fees and charges incurred in connection therewith. Upon recording, the Development Owner shall immediately transmit to the Authority an executed original of the recorded AGREEMENT showing the date, record book and page numbers of record or record of instrument number, as applicable. The Development Owner agrees that the Authority will not issue the Internal Revenue Service Form 8609 constituting final allocation of the Tax Credits unless and until the Authority has received the recorded executed original of this AGREEMENT.

Appears in 9 contracts

Samples: assets-global.website-files.com, adfa.arkansas.gov, adfa.arkansas.gov

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