Common use of Binding Covenant Clause in Contracts

Binding Covenant. This Agreement and the dedication of gas owned or controlled by Redwood from the AMI in the Gas Purchase Agreement shall be a real covenant running with the land. Any assignment by Redwood shall be made expressly subject to the terms and conditions of this Agreement.

Appears in 3 contracts

Sources: Master Agreement (Gateway Energy Corp/Ne), Master Agreement (Gateway Energy Corp/Ne), Master Agreement (Geopetro Resources Co)

Binding Covenant. This Agreement and the dedication of gas owned or controlled by Redwood from the AMI in and purchased by MGP under the Gas Purchase Agreement Contract shall be a real covenant running with the land. Any assignment by Redwood or MGP shall be made expressly subject to the terms and conditions of this AgreementAgreement and the Gas Purchase Contract.

Appears in 1 contract

Sources: Field Development Agreement (Geopetro Resources Co)