Common use of Runs with the Land Clause in Contracts

Runs with the Land. Except as provided in Paragraphs 9 and 10, the restrictions, obligations and duties set forth in this Restriction shall run with the Property and shall inure to the benefit of the Commission and all parties claiming by, through or under the Commission and shall bind the Grantor and all parties claiming by, through or under the Grantor. The rights hereby granted to the Commission constitute the perpetual right of the Commission to enforce this Preservation Restriction Agreement. The Grantor hereby covenants for itself to stand seized and hold title to the Property subject to the terms of this Restriction. This Restriction shall extend to and be binding upon Grantor and Xxxxxxx, their respective successors in interest and all persons hereafter claiming under or through Grantor and Grantee, and the words "Grantor", "Grantee" when used herein shall include all such persons. Any right, title, or interest herein granted to Grantee also shall be deemed granted to each successor and assign of Grantee and each such following successor and assign thereof, and the word "Grantee" shall include all such successors and assigns. Anything contained herein to the contrary notwithstanding, Grantor of the Property shall have no obligation pursuant to this instrument where such Grantor shall cease to have any ownership interest in the Property by reason of a bona fide transfer. The restrictions, stipulations and covenants contained in this Restriction shall be inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title to or any lesser estate in the Property or any part thereof, including by way of example and not limitation, a lease of all or a portion of the Property.

Appears in 2 contracts

Samples: Preservation Restriction Agreement, Preservation Restriction Agreement

AutoNDA by SimpleDocs

Runs with the Land. Except as provided in Paragraphs 9 and 10, the restrictions, obligations and duties set forth in this Restriction shall run with the Property and shall inure to the benefit of the Commission and all parties claiming by, through or under the Commission and shall bind the Grantor and all parties claiming by, through or under the Grantor. The rights hereby granted to the Commission constitute the perpetual right of the Commission to enforce this Preservation Restriction Agreement. The Grantor hereby covenants for itself to stand seized and hold title to the Property subject to the terms of this Restriction. This Restriction shall extend to and be binding upon Grantor and Xxxxxxx, their respective successors in interest and all persons hereafter claiming under or through Grantor and Grantee, and the words "Grantor", "Grantee" when used herein shall include all such persons. Any right, title, or interest herein granted to Grantee also shall be deemed granted to each successor and assign of Grantee and each such following successor and assign thereof, and the word "Grantee" shall include all such successors and assigns. Anything contained herein to the contrary notwithstanding, Grantor of the Property shall have no obligation pursuant to this instrument where such Grantor shall cease to have any ownership Grantorship interest in the Property by reason of a bona fide transfer. The restrictions, stipulations and covenants contained in this Restriction shall be inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title to or any lesser estate in the Property or any part thereof, including by way of example and not limitation, a lease of all or a portion of the Property.

Appears in 2 contracts

Samples: Preservation Restriction Agreement, Preservation Restriction Agreement

Runs with the Land. Except as provided in Paragraphs 9 paragraphs 8 and 1021.1, the restrictions, obligations and duties set forth in imposed by this Restriction shall be effective in perpetuity and shall be deemed to run as a binding servitude with the Property and shall inure to the benefit of the Commission and all parties claiming by, through or under the Commission and shall bind the Grantor and all parties claiming by, through or under the Grantor. The rights hereby granted to the Commission constitute the perpetual right of the Commission to enforce this Preservation Restriction Agreement. The Grantor hereby covenants for itself to stand seized and hold title to the Property subject to the terms of this RestrictionProperty. This Restriction shall extend to and be binding upon Grantor and XxxxxxxGrantee, their respective successors in interest and all persons hereafter claiming under or through Grantor and Grantee, and the words "Grantor", "” and “Grantee" when used herein shall include all such persons. Any right, title, or interest herein granted to Grantee also shall be deemed granted to each successor and assign of Grantee and each such following successor and assign thereof, and the word "Grantee" shall include all such successors and assigns. Grantor agrees to incorporate by reference the terms of this Restriction in any deed or other legal instrument by which Grantor transfers any interest in all or a portion of the Property, including without limitation a leasehold interest for a term greater than one year. Anything contained herein to the contrary notwithstanding, Grantor an owner of the Property shall have no obligation pursuant to this instrument where such Grantor owner shall cease to have any ownership interest in the Property by reason of a bona fide transfer. The restrictions, stipulations stipulations, and covenants contained in this Restriction shall be inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title to or any lesser estate in the Property or any part thereofhereof, including by way of example and not limitation, a lease of all or a portion of the Property, but excluding any lease with a term of fewer than ninety (90) days.

Appears in 2 contracts

Samples: Historic Preservation Restriction, Historic Preservation Restriction

Runs with the Land. Except as provided in Paragraphs 9 paragraphs 7 and 1021, the restrictions, rights and obligations and duties set forth in created or imposed by this Restriction shall run with be in effect from the Property and shall inure to the benefit of the Commission and all parties claiming by, through or under the Commission and shall bind the Grantor and all parties claiming by, through or under the Grantor. The rights hereby granted to the Commission constitute the perpetual right of the Commission to enforce date this Preservation Restriction Agreement. The Grantor hereby covenants for itself Agreement is recorded with the Barnstable Registry of Deeds and shall be deemed to stand seized and hold title to run as a binding servitude upon the Property subject to the terms of this Restrictionin perpetuity. This Preservation Restriction Agreement shall extend to and be binding upon Grantor and XxxxxxxGrantee, their respective successors in interest and all persons hereafter claiming under or through Grantor and or Grantee, and the words "Grantor", " and "Grantee" when used herein shall include all such persons. Any right, title, title or interest herein granted to Grantee also shall be deemed granted to each successor and assign of Grantee and each such following successor and assign thereof, and the word "Grantee" shall include all such successors and assigns. Anything contained herein to the contrary notwithstanding, Grantor an owner of the Property shall have no obligation pursuant to this instrument where such Grantor owner shall cease to have any ownership interest in the Property by reason of a bona fide transfer. The restrictions, stipulations and covenants contained in this Restriction shall be inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title to or any lesser estate in the Property or any part thereofhereof, including by way of example and not limitation, a lease of all or a portion of the Property.

Appears in 1 contract

Samples: Preservation Restriction Agreement

AutoNDA by SimpleDocs

Runs with the Land. Except as provided in Paragraphs 9 8 and 1023.2, the restrictions, obligations imposed by this Easement shall be effective in perpetuity and duties set forth in this Restriction shall be deemed to run as a binding servitude with the Property and shall inure to the benefit of the Commission and all parties claiming by, through or under the Commission and shall bind the Grantor and all parties claiming by, through or under the Grantor. The rights hereby granted to the Commission constitute the perpetual right of the Commission to enforce this Preservation Restriction Agreement. The Grantor hereby covenants for itself to stand seized and hold title to the Property subject to the terms of this RestrictionProperty. This Restriction Easement shall extend to and be binding upon Grantor and XxxxxxxGrantee, their respective successors in interest and all such persons hereafter in the future claiming under or through Grantor and Grantee, and ; the words "Grantor", "” and “Grantee" when used herein in this instrument shall include all such persons. Any right, title, or interest herein granted in this instrument to Grantee also shall be deemed granted to each successor and assign of Grantee and each such following successor and assign thereof, and assign; the word "Grantee" shall include all such successors and assigns. Anything contained herein to the contrary notwithstanding, Grantor An owner of the Property shall have no obligation pursuant to this instrument where such Grantor owner shall cease to have any ownership interest in the Property by reason of a bona fide transfer. The restrictions, stipulations stipulations, and covenants contained in this Restriction Easement shall be inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title to or any lesser estate in the Property or any part thereof, including by way of example and not limitation, a lease of all or a portion of the Property.

Appears in 1 contract

Samples: Preservation and Conservation Easement Deed

Runs with the Land. Except as provided in Paragraphs 9 8 and 1023.2, the restrictions, obligations imposed by this Easement shall be effective in perpetuity [or for # years] and duties set forth in this Restriction shall be deemed to run as a binding servitude with the Property and shall inure to the benefit of the Commission and all parties claiming by, through or under the Commission and shall bind the Grantor and all parties claiming by, through or under the Grantor. The rights hereby granted to the Commission constitute the perpetual right of the Commission to enforce this Preservation Restriction Agreement. The Grantor hereby covenants for itself to stand seized and hold title to the Property subject to the terms of this RestrictionProperty. This Restriction Easement shall extend to and be binding upon Grantor and XxxxxxxGrantee, their respective successors in interest and all such persons hereafter in the future claiming under or through Grantor and Grantee, and ; the words "Grantor", "” and “Grantee" when used herein in this instrument shall include all such persons. Any right, title, or interest herein granted in this instrument to Grantee also shall be deemed granted to each successor and assign of Grantee Xxxxxxx and each such following successor and assign thereof, and assign; the word "Grantee" shall include all such successors and assigns. Anything contained herein to the contrary notwithstanding, Grantor An owner of the Property shall have no obligation pursuant to this instrument where such Grantor owner shall cease to have any ownership interest in the Property by reason of a bona fide transfer. The restrictions, stipulations stipulations, and covenants contained in this Restriction Easement shall be inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title to or any lesser estate in the Property or any part thereof, including by way of example and not limitation, a lease of all or a portion of the Property.

Appears in 1 contract

Samples: Deed of Preservation Easement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!