Subdivision Covenants and Restrictions Sample Clauses

Subdivision Covenants and Restrictions. Xxxxx acknowledges that prior to the execution of this Offer, Xxxxx has received and reviewed the Covenants and Restrictions for the Subdivision (the “Restrictions”) and Buyer approves and accepts the terms and conditions contained therein. Buyer understands that ownership and use of property purchased in the Subdivision will be subject to the provisions, restrictions and conditions contained in the Restrictions. Buyer understands that the Restrictions may be subject to further amendment before or after closing, in accordance with the amendment provisions set forth in the Restrictions.
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Related to Subdivision Covenants and Restrictions

  • TENANCIES AND RESTRICTIVE COVENANTS The Property is believed to be and shall be taken to be correctly described and is sold subject to all express conditions, restrictions-in-interest, caveats, leases, tenancies, easements, liabilities, encumbrances and rights, if any, subsisting thereon or thereover without the obligation to define the same respectively and the Purchaser is deemed to have full knowledge thereof.

  • CONDITIONS AND RESTRICTIONS This Recognition of Covenants, Conditions, and Restrictions (this “Agreement”) is entered into as of the day of , 200 , by and between (“Landlord”), and (“Tenant”), with reference to the following facts:

  • Uses and Restrictions ARTICLE 6 TERM ARTICLE 7 RENTS ARTICLE 8 OBLIGATIONS OF COMPANY

  • Rights and Restrictions The Restricted Share Units shall not be transferable, other than pursuant to will or the laws of descent and distribution. Prior to vesting of the Restricted Share Units and delivery of the Shares to the Employee following his termination of employment, the Employee shall not have any rights or privileges of a shareholder as to the Shares subject to the Award. Specifically, the Employee shall not have the right to receive dividends or the right to vote such Shares prior to vesting of the Award and delivery of the Shares.

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