Common use of Runs with the Land Clause in Contracts

Runs with the Land. Grantor and Grantee intend that this grant constitute a common-law easement and a restrictive covenant. The obligations imposed by this Easement shall be effective in perpetuity and shall be deemed to run as a binding servitude with the Premises. This Easement shall extend to and be binding upon Grantor and Grantee, their respective successors in interest, and all persons hereafter claiming under or through Grantor and Grantee; the words “Grantor” and “Grantee” when used herein shall include all such persons. Anything contained herein to the contrary notwithstanding, a person shall have no obligation pursuant to this instrument where such person shall cease to have any interest in the Premises by reason of a bona fide transfer. This instrument shall be expressly referenced in any subsequent deed or other legal instrument by which Grantor divests itself of either the fee simple title or any lesser estate in the Premises or any part thereof on which the Façades is located, including, by way of example and not limitation, a lease of office space.

Runs with the Land. Grantor and Grantee intend that this grant constitute a common-law easement and a restrictive covenant. The obligations imposed by this Easement shall be effective in perpetuity and shall be deemed to run as a binding servitude with the Premisespremises. This Easement shall extend to and be binding upon Grantor and Grantee, their respective successors in interest, 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. Anything contained herein to the contrary notwithstanding, a person shall have no obligation pursuant to this instrument where such person shall cease to have any interest in the Premises he premises by reason of a bona Bona fide transfer. This Restrictions, stipulations and covenants contained in this instrument shall be expressly referenced inserted by Grantor, verbatim or by express reference, in any subsequent deed or other legal instrument by which Grantor divests itself himself of either the fee simple title to or any lesser estate in the Premises premises or any part thereof on which the Façades is located, including, by way of example and not limitation, a lease of office spacethereof.