Land Use Covenants definition
Examples of Land Use Covenants in a sentence
As part of the EDC transfer, the County also accepted the State Land Use Covenants that were mandated by the State of California Department of Toxic Substances Control and the Central Valley Regional Water Quality Control Board.
Buyer and Seller agree that the development, construction and operation of the Property shall be at all times be in strict compliance with and limited to the development allocations and entitlements specified in the Land Use Covenants, and elsewhere in this Contract.
In addition, in connection with the Closing for the Property located in West Virginia, pursuant to the Land Use Covenants and Notice of Restriction applicable thereto, the applicable Seller shall provide the required notice to the West Virginia Department of Environmental Protection of the transfer of the Property to Purchaser.
As part of the EDC transfer, the County also accepted the State Land Use Covenants that were mandated by the State of California Department of Toxic Substances and the Central Valley Regional Water Quality Control Board.
Buyer shall not be indemnified under this Article VI for Damages to the extent they arise from Buyer’s failure to implement Land Use Covenants and Restrictions that would reduce costs subject to indemnification under Section 6.1 and would not materially interfere with the continued utilization of the Business Property for industrial uses as occurring and situated or configured as of the Closing.
Tenant shall not, without the prior written consent of Landlord impose any Land Use Covenants and/or Land Use Restrictions or other use or other restrictions on the Premises or the Property as a result of its Remediation of such Regulated Substances.
In the event that Landlord permits Tenant to establish any Land Use Covenants and/or Land Use Restrictions on the Premises, Tenant shall be responsible for all costs and expenses associated with establishing such controls, including posting any financial assurance and paying Landlord the net present value of all future costs and expenses associated with such covenants or restrictions.