Transferees Bound. The Mortgagor covenants and agrees that in the event it sells or otherwise transfers ownership of the Development, it will enter into such agreements with the purchaser or transferee as may be prescribed by the Authority which have the effect of causing such purchaser or transferee to be bound by these use and occupancy restrictions, as they may be amended or supplemented.
Appears in 6 contracts
Samples: Regulatory Agreement, Regulatory Agreement, Regulatory Agreement
