Common use of THE OWNER’S COVENANTS Clause in Contracts

THE OWNER’S COVENANTS. The Owners jointly and severally COVENANT AND AGREE with the Council to pay the Affordable Housing Contribution as increased by the indexation provision in Clause 10 to the Council no later than the date of first Occupation of the/a (delete as appropriate) New Dwelling to be Occupied and not to Occupy the/any New Dwelling (delete as appropriate) until such payment has been made to the Council in full including any interest due thereon under the terms of this Agreement

Appears in 5 contracts

Samples: Planning Obligation Agreement, Planning Obligation Agreement, Planning Obligation Agreement

AutoNDA by SimpleDocs

THE OWNER’S COVENANTS. The Owners jointly and severally COVENANT AND AGREE with the Council to pay the Affordable Housing Contribution as increased by the indexation provision in Clause 10 to the Council no later than the date of first Occupation of the/a (delete as appropriate) New Dwelling to be Occupied and not to Occupy the/any New Dwelling (delete as appropriate) until such payment has been made to the Council in full including any interest due thereon under the terms of this Agreement

Appears in 4 contracts

Samples: Planning Obligation Agreement, Planning Obligations Agreement, Planning Obligations Agreement

THE OWNER’S COVENANTS. The Owners jointly and severally COVENANT Owner COVENANTS AND AGREE AGREES with the Council to pay the Affordable Housing Contribution as increased by the indexation provision in Clause 10 to the Council no later than the date of first Occupation of the/a (delete as appropriate) New Dwelling to be Occupied and not to Occupy the/any New Dwelling (delete as appropriate) until such payment has been made to the Council in full including any interest due thereon under the terms of this Agreement

Appears in 2 contracts

Samples: Planning Obligation Agreement, Planning Obligation Agreement

AutoNDA by SimpleDocs

THE OWNER’S COVENANTS. The Owners jointly and severally COVENANT Owner COVENANTS AND AGREE AGREES with the Council to pay the Affordable Housing Contribution as increased by the indexation provision in Clause 10 to the Council no later than the date of first Occupation of the/any/a (delete as appropriate) New Dwelling to be Occupied and not to Occupy the/any New Dwelling (delete as appropriate) until such payment has been made to the Council in full including any interest due thereon under the terms of this Agreement

Appears in 1 contract

Samples: Planning Obligation Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!