TERM OF COVENANTS. All Inclusionary Units in the Inclusionary Development shall be sold or leased in accordance with the terms of this Covenant for so long as the Inclusionary Development and any Inclusionary Unit therein exists. Notwithstanding the foregoing, this Covenant may be released and extinguished upon the reasonable approval of the District Agency.
TERM OF COVENANTS. It is the intent, understanding and agreement of the parties to this Agreement that the covenants of non-competition as specified in Clause 9.02 below are to run for a period of six months after termination of this Agreement (the "TERM"). All provisions of whatever nature contained in these covenants shall be binding upon either party during such applicable periods and shall inure to the benefit of other.
TERM OF COVENANTS. These covenants and restrictions, as altered, annulled and amended from time to time as provided herein, shall be deemed covenants running with the land and shall remain in full force and effect until the first day of January, 2038, and, thereafter, shall be automatically extended for successive periods of twenty-five (25) each unless, within six (6) months prior to January 1, 2038, or within six (6) months preceding the end of any successive twenty-five (25) year period (the “Review Period”), as the case may be, a majority of the then-owners of the Numbered Lots located within the Residential Area and the then-owners of units or apartments within the various horizontal property regimes located in the Multi-Family Area vote to amend these covenants and restrictions in whole or in part. No such amendment shall be effective until recorded in the Greenville County Register of Deeds Office.
TERM OF COVENANTS. LANDLORD shall sign a Declaration of Restrictive Covenants that the STATE will record against the title of the PROPERTY to run with the land to guarantee compliance with all Program requirements. The compliance period will begin on the first day of an approved lease for the last housing unit rented on the PROPERTY, and will expire after:
TERM OF COVENANTS. The Borrower's covenants in this clause 7 continue in full force and effect from the date of this agreement until the Outstanding Moneys are paid to the Lender.
TERM OF COVENANTS. The covenants set forth in Sections 6 and 7 shall remain in effect until and shall expire on the later of the second anniversary of the date of termination of Employee's employment with Employer or five years from the date hereof.
TERM OF COVENANTS. MSV and each Guarantor (as applicable) must perform and observe the covenants in clauses 9.1, 9.2, 9.3 and 9.4 until all ECUs subscribed for have been Converted or the Amount Owing has been paid in full.
TERM OF COVENANTS. The covenants in this Section 6 shall continue for the full four-year term of this Agreement, notwithstanding that a discharge with or without Cause may sooner occur pursuant to Section 5. On the other hand, such covenants shall not extend past such four-year term, except for the duration of any period in which the Consultant is in material breach of such covenants. It is specifically understood that the Consultant shall not have the right or option to forgo any compensation or benefits under this Agreement or the Separation Agreement in order to be relieved of his covenants hereunder.
TERM OF COVENANTS. It is the intent, understanding and agreement of ----------------- the parties to this Agreement that these covenants of non-competition, non-solicitation and non-disclosure are to run for the period commencing from the date of Executive's employment under this Agreement and continuing for a period of three (3) years after termination of such employment, and that all provisions of whatever nature contained in these covenants shall be binding upon the Executive during such applicable period and shall inure to the benefit of Company; provided, however, that in the event that Executive's employment is terminated by the Company "without cause" pursuant to Section 8.02 hereof, then the term of the covenants of non-competition and non-solicitation shall expire twelve months from the effective date of such termination. The term of the covenant of non-disclosure shall not be effected by such termination.
TERM OF COVENANTS. 27 5.06. Additional Covenants of the Program Servicer Agent........... 27
