Common use of Construction Covenant Clause in Contracts

Construction Covenant. 45. Without limiting the generality of section 42, subject to the qualifications set out therein, the Owner further agrees to the incorporation of a requirement for a Construction Covenant, substantially in the form attached as Schedule “S” hereto, speaking to the following matters, as a precondition to subdivision approval:

Construction Covenant. 45. Without limiting the generality of section 42, subject to the qualifications set out therein, the Owner further agrees to the incorporation of a requirement for a Construction Covenant, substantially in the form attached as Schedule “S” hereto, speaking to the following matters, as a precondition to subdivision approvalSubdivision approval or issuance of a building permit, whichever comes first, within a Phase: