Subsequent Owners Sample Clauses

Subsequent Owners. 7.2.1 This Agreement shall be binding upon the parties hereto, their heirs, successors, assigns, mortgagees, lessees and all subsequent owners, and shall run with the Lands which are the subject of this Agreement until this Agreement is discharged by Council. 7.2.2 Upon the transfer of title to any lot(s), the subsequent owner(s) thereof shall observe and perform the terms and conditions of this Agreement to the extent applicable to the lot(s).

Subsequent Owners. The burden of the covenants in this Annexure E shall run with the Land for the benefit of every other lot within the applicable stage of the Estate. These covenants shall be enforceable against the Buyer and every subsequent registered proprietor of the Land, by the Seller and every subsequent registered proprietor of any other lot within the applicable state of the Estate.

Subsequent Owners. Buyer and Seller understand and agree that this Addendum shall not be recorded in the official real property records of Middlesex County, New Jersey. If Buyer sells, transfers, conveys, or leases the Facility to any person or entity, Buyer shall disclose the right of access set out in this Section 7 to the purchaser, transferee or lessee and obtain the same right of access to the Facility from such purchaser, transferee or lessee to Seller’s benefit. If Buyer sells the Facility to a purchaser or transferee without obtaining the same right of access to the Facility for Seller as set forth in this Section 7.h., then (i) Seller shall have no further responsibility to Buyer with regard to Seller’s indemnity obligations under this Addendum, including any that Seller may be actively addressing by performing Seller’s Environmental Remediation, (ii) Seller’s indemnity obligations under this Addendum shall expire and terminate, and (iii) Buyer thereafter shall release, indemnify and hold harmless Seller and its affiliates and their directors, officers, shareholders, employees, successors and assigns from and against Seller’s indemnity obligations under this Addendum, including the costs of ongoing Corrective Action, demands, orders or actions required by applicable government agencies.

Subsequent Owners. In the event the ownership ofthe Mortgaged Premises or any part thereof becomes vested in a person other than Mortgagor, the Mortgagee may, without notice to Mortgagor, deal with such successor or successors-in-interest with reference to this Mortgage and to the Note secured hereby in the same manner as with Mortgagor without in any way discharging or vitiating liability hereunder or upon the Note or any agreement between Mortgagor and Mortgagee.

Subsequent Owners. Notwithstanding any provision of this Agreement to the contrary, City approval shall not be required for the transfer of any portion of the Property under this Agreement to a subsequent Owner or Developer, provided no such transfer shall relieve Developer of its obligations hereunder (unless the transferee executes an assignment and assumption agreement). Following any such transfer or assignment of any of the rights and interests of the Developer under this Agreement, in accordance with Section 14.1 above, the exercise, use and enjoyment of such rights and interests shall continue to be subject to the terms of this Agreement to the same extent as if the assignee or transferee were the Developer.

Subsequent Owners. Prior to any conveyance of any part of the Lands by the Transferee, the Transferee shall obtain the agreement in writing of the prospective new owner to be bound by the covenants contained in paragraphs (1) to (28) inclusive. For the purposes of these Covenants, Restrictions, Acknowledgements, the Transferee shall mean the registered owner of a lot or block within the Plan of Subdivision and the heirs, executors, administrators, successors and assigns of such registered owner. The provisions are to be read with all changes in gender or in number as required by the context.

Subsequent Owners. Every person who now or later owns or acquires any right, title or interest in or to the Property is and will be conclusively deemed to have consented and agreed to every restriction, provision, covenant, right and limitation contained in the Nada Homeowner Agreement and this Memorandum, whether or not such person expressly assumes such restrictions, provisions, covenants, rights and limitations or whether or not any reference to the Nada Homeowner Agreement or this Memorandum is contained in the instrument conveying such interest in the Property to such person.

Subsequent Owners. This Limited Warranty expires upon transfer of title from you to new owners of the Home, regardless of whether any time is remaining under the Warranty Period. The Builder’s duties under this Limited Warranty expire upon your transfer of title to the new owner.

Subsequent Owners. 6.1. The Customer covenants that it shall not dispose of any interest in the Premises, the Customer’s Installation or the Customer’s Generating Equipment unless the Customer has obtained from the proposed transferee of such interest a deed of covenant in a form acceptable to the Company in its sole discretion binding the proposed transferee to this Connection Agreement and provided such deed to the Company. This clause shall not apply to the extent that the proposed transferee does not require the Connection Point to remain Energised.

Subsequent Owners. This agreement shall run with the land and be binding upon subsequent owners of the Real Estate, unless modified or terminated hereinafter.