Common use of Successor Obligations Clause in Contracts

Successor Obligations. The Developer agrees that the Corporation may enforce the provisions of this Agreement against the Developer and, subject to the Land Titles Act, against any and all subsequent owners or permitted assigns. The Developer shall deliver to the Corporation an acknowledgement by a purchaser of all or any portion of the Lands that the purchaser has received actual notice of this Agreement and agrees to be bound by all of the terms and conditions hereof, failing which, any such transfer or conveyance shall be void.

Appears in 5 contracts

Samples: Construction Agreement, Construction Agreement, Construction Agreement

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