Common use of Runs with the Land Clause in Contracts

Runs with the Land. The Benefit Assessment Lien runs with the land. In the event of a sale or transfer of the Qualified Real Property by Property Owner, the Benefit Assessment Lien will remain a lien on the Qualified Real Property securing the obligations under the Transaction Documents including, without limitation, the portion of the Benefit Assessment Lien that has not become due.

Appears in 1 contract

Samples: Property Owner Agreement

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Runs with the Land. The Benefit Assessment Lien runs with the land. In the event of a sale or transfer of the Qualified Real Property by Property Owner, the Benefit Assessment Lien will remain a lien on the Qualified Real Property securing the obligations under the Transaction Documents including, without limitation, the portion of the Benefit Assessment Lien that has not become due.

Appears in 1 contract

Samples: Property Owner Agreement

Runs with the Land. The Benefit Assessment Lien runs with the land. In the event of a sale or transfer of the Qualified Real Property by Property Owner, Owner the Benefit Assessment Lien will remain a lien on the Qualified Real Property securing the obligations under the Transaction Documents Documents, including, without limitation, limitation the portion of the Benefit Assessment Lien that has not become due.

Appears in 1 contract

Samples: Capital Provider Agreement

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Runs with the Land. The Benefit Assessment Lien runs with the land. In the event of a sale or transfer of the Qualified Real Property by Property Owner, Owner the Benefit Assessment Lien will remain a lien on the Qualified Real Property securing the obligations under the Transaction Documents Documents, including, without limitation, limitation the portion of the Benefit Assessment Lien that has not become due.

Appears in 1 contract

Samples: Capital Provider Agreement

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