Common use of Run with the Land Clause in Contracts

Run with the Land. This Agreement, and XxxxXx’s rights to use and possess the Premises pursuant to this Agreement, each constitute an interest in the Premises, and the Authority and StadCo intend that interest be non-revocable and assignable, in each case, in accordance with and subject to the terms of this Agreement; and constitute an interest in real estate that runs with title to the Premises, and inures to the benefit of and is binding upon the Authority, StadCo and their respective permitted successors in title and permitted assigns. WITNESS the execution hereof under seal as of the day and year first above written.

Run with the Land. This Agreement, and XxxxXx’s rights to use and possess the Premises pursuant to this Agreement, each constitute an interest in the Premises, and the Authority and StadCo intend that interest be non-revocable and assignable, in each case, in accordance with and subject to the terms of this Agreement; , and constitute an interest in real estate that runs with title to the Premises, and inures to the benefit of and is binding upon the Authority, StadCo StadCo, and their respective permitted successors in title and permitted assigns. WITNESS the execution hereof under seal as of the day and year first above written.