Examples of Covenant in a sentence
This Covenant will be reviewed by both parties at 18 months, and then at three-yearly intervals.
Borrower shall execute and deliver to Lender a Declaration of Restrictive Covenant ("Restrictive Covenant") in the form attached hereto as Exhibit D, to be recorded at the time of the acquisition by Borrower of the Property.
Recognising that most MPJPs have arisen from the transferral of ministries from Religious Institutes to newly established MPJPs, CRA and the AMPJP can mutually contribute to the Covenant in a number of areas: • live their Baptism and their vocation to leadership in, and for, the Church; • share knowledge and experience of ministry leadership and governance; • share knowledge of Church ministries, specifically health, education, aged care, community and social services.
At all times while the Restrictive Covenant encumbers the Property, in the event a Home is for sale, the seller of such Home must, for the first 30-day period (“Priority Period”) during which such Home is for sale, only allow Low Income and Moderate Income individuals to purchase the Home on the terms and conditions set forth in the Restrictive Covenant.
The Purchaser also acknowledges the Vendor’s rights, as developer, to impose and register a Restrictive Covenant on the area shown in the attached subdivision plan for the sake of ensuring that the development of the Property and adjacent properties/subdivision is orderly and meets the appropriate planning standards, if determined necessary by the Vendor.