Restrictions Run with the Land Sample Clauses

Restrictions Run with the Land. ARCO's rights under this Declaration, ------------------------------ Owner's obligations under this Declaration, any restrictions on the use and operation of the Real Estate, and any waivers and releases by Owner under this Declaration (collectively, the "Rights and Restrictions") are for the benefit of ARCO and its successors and assigns. The Rights and Restrictions run with the Real Estate and bind Owner's successors and assigns, including future owners and tenants of the Real Estate, for ARCO's benefit. The Rights and Restrictions are intended to (i) constitute equitable servitudes that burden the Real Estate and (ii) to be enforceable under Section 1471 of the California Civil Code. OWNER: LLO-GAS, INC., a Delaware corporation By: /s/ Xxxx Xxxxxxxxxxx -------------------- Xxxx X. Xxxxxxxxxxx President (ATTACH NOTARY ACKNOWLEDGMENTS) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ================================================================================ STATE OF CALIFORNIA ---------- COUNTY OF ORANGE ------ On September 2, 1999 before me, X. Xxxx, Notary Public ------------------------------------------------------------- NAME, TITLE OF OFFICER -E.G., "XXXX XXX", NOTARY PUBLIC personally appeared Xxxx X. Xxxxxxxxxxx, --------------------------------------------------------------------------- [X] personally known to me to be the person whose names is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. /s/ X. Xxxx ------------------------------------------ SIGNATURE OF NOTARY ===============================OPTIONAL========================================= Though the data is not required by law, it may prove valuable to persons relying on the document and could prevent the fraudulent reattachment of this form [_] INDIVIDUAL [X] CORPORATE OFFICER President Environmental Covenant and Conditions --------- ------------------------------------- TITLE OR TYPE OF DOCUMENTS PARTNER(S) [_] LIMITED [_] GENERAL [_] ATTORNEY-IN-FACT --------------------------- [_] TRUSTEE(S) NUMBER OF PAGES [_] GUARDIAN/CONSERVATOR [_] OTHER September 2, 1999 --------------------------- DATE OF DOCUMENTS SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) LLO-Gas, Inc., a Delaware corporation None --------------------------------------------------- --------...
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Restrictions Run with the Land. ARCO's rights under this Declaration, ------------------------------ Owner's obligations under this Declaration, any restrictions on the use and operation of the Real Estate, and any waivers and releases by Owner under this Declaration (collectively, the "Rights and Restrictions") are for the benefit of ARCO and its successors and assigns. The Rights and Restrictions run with the Real Estate and bind Owner's successors and assigns, including future owners of the Real Estate, for ARCO's benefit. The Rights and Restrictions are intended (i) to constitute equitable servitudes that burden the Real Estate and (ii) to be enforceable under Section 1471 of the California Civil Code. (See signatures on the next page.)
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Restrictions Run with the Land. Notwithstanding anything to the contrary contained in Section 15 above, the burden of this Agreement shall constitute a binding servitude, shall run with the land in perpetuity and thus not subject to the limitations on the enforceability of restrictions in X.X. x. 184, §§31-33, and, in any event, shall bind and run with the Property for a period of no less than ninety- nine (99) years from the recording hereof.
Sample 1
Restrictions Run with the Land. Notwithstanding anything to the contrary contained in Section 15 above, the burden of this Agreement and the rights and obligations created or imposed by this Agreement shall be in effect in perpetuity. Grantor agrees that this Agreement shall constitute a binding servitude and shall run with the land in perpetuity and thus not subject to the limitations on the enforceability of restrictions in X.X. x. 184, §§31-33, and, in any event, shall bind and run with the Property for a period of no less than ninety-nine (99) years from the recording hereof.
Sample 1

Related to Restrictions Run with the Land

  • Covenants Run with the Land All of the grants, covenants, terms, provisions and conditions herein shall run with the Premises, shall be binding upon Borrower and shall inure to the benefit of Lender, subsequent holders of this Security Instrument and their successors and assigns. Without limitation to any provision hereof, the term “Borrower” shall include and refer to the borrower named herein, any subsequent owner of the Property, and its respective heirs, executors, legal representatives, successors and assigns. The representations, warranties and agreements contained in this Security Instrument and the other Loan Documents are intended solely for the benefit of the parties hereto, shall confer no rights hereunder, whether legal or equitable, in any other Person and no other Person shall be entitled to rely thereon.

  • Covenants to Run With the Land All of the grants, covenants, terms, provisions and conditions in this Mortgage shall run with the Land and shall apply to, and bind the successors and assigns of, the Mortgagor. If there shall be more than one mortgagor with respect to the Mortgaged Property, the covenants and warranties hereof shall be joint and several.

  • Covenants Running with the Land All Obligations contained in this Mortgage are intended by Mortgagor and Mortgagee to be, and shall be construed as, covenants running with the Land. As used herein, “Mortgagor” shall refer to the party named in the first paragraph of this Mortgage and to any subsequent owner of all or any portion of the Mortgaged Property. All Persons who may have or acquire an interest in the Mortgaged Property shall be deemed to have notice of, and be bound by, the terms of the Credit Agreement and the other Loan Documents; provided, however, that no such party shall be entitled to any rights thereunder without the prior written consent of Mortgagee.

  • Covenant Running with the Land The terms, conditions, rights, obligations, benefits, covenants and restrictions of the provisions of this Agreement shall be deemed covenants running with the land, and shall be binding upon and inure to the benefit of the Owner and its heirs, representatives, successors and assigns. This Agreement shall be deemed to be incorporated into each deed and conveyance of the Property or any portion thereof hereafter made by any other owners of the Property, regardless of whether this Agreement is expressly referenced therein.

  • Compliance with the Law The Parties agree to comply fully with all applicable federal, state, and local statutes, ordinances, rules, and regulations applicable to their entity in connection with the programs contemplated under this Agreement.

  • Compliance with the Laws ISSUER has complied with, and is not in violation of any federal, state or local statue, law, and/or regulation pertaining to ISSUER. ISSUER has complied with all federal and state securities laws in connection with the issuance, sale and distribution of its securities.

  • Compliance with the Xxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply in all material respects with any provision of the Xxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Xxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Compliance with the Sxxxxxxx-Xxxxx Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply in all material respects with any provision of the Sxxxxxxx-Xxxxx Act of 2002 and the rules and regulations promulgated in connection therewith (the “Sxxxxxxx-Xxxxx Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Compliance with the Laws and Agreements; No Defaults (a) Each of the Borrower and each Subsidiary is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. (b) Neither the Borrower nor any Subsidiary is in default nor has any event or circumstance occurred which, but for the expiration of any applicable grace period or the giving of notice, or both, would constitute a default or would require the Borrower or a Subsidiary to Redeem or make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which the Borrower or any Subsidiary or any of their Properties is bound. (c) No Default has occurred and is continuing.

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