Common use of Covenant in assignment Clause in Contracts

Covenant in assignment. An Owner (other than the First Owner) shall not be entitled to assign his Shares unless the assignment includes the following covenant: “The Purchaser hereby covenants with the Vendor for itself and as agent of NMC 8 Limited and its successors, assigns and attorneys (collectively the “Relevant Owners” and each is individually referred to as a “Relevant Owner”) to the intent that this covenant shall bind the Property and the owner or owners thereof for the time being and other person or persons deriving title under the Purchaser (each and all of whom including the Purchaser is and are hereinafter included in the expression the “Covenanting Purchaser”) and shall enure for the benefit of New Kowloon Inland Lot No.6532 and the buildings thereon known as “[****]” (collectively, the “Land”) and be enforceable by the Vendor and each Relevant Owner that:-

Covenant in assignment. An Owner (other than the First OwnerOwner and the Owner of the Government Accommodation) shall not be entitled to assign his Shares unless the assignment includes the following covenant: “The Purchaser hereby covenants with the Vendor for itself and as agent of NMC 8 Champ Success Development Limited and its successors, assigns and attorneys (collectively referred to as the “Relevant Owners” and each is individually referred to as a “Relevant Owner”) to the intent that this covenant shall bind the Property and the owner or owners thereof for the time being and other person or persons deriving title under the Purchaser (each and all of whom including the Purchaser is and are hereinafter included in the expression the “Covenanting Purchaser”) and shall enure for the benefit of New Kowloon Inland the Tuen Mun Town Lot No.6532 No. 499 and the buildings thereon known as “[****]T Plus ( 菁 雋 )” (collectively, the “Land”) and be enforceable by the Vendor and each Relevant Owner that:-

Covenant in assignment. An Owner (other than the First Owner) shall not be entitled to assign his Shares unless the assignment includes the following covenant: “The Purchaser hereby covenants with the Vendor for itself and as agent of NMC 8 each of Jumbo Vision Holdings Limited and its successors, assigns and attorneys (collectively referred to as the “Relevant Owners” and each is individually referred to as a “Relevant Owner”) to the intent that this covenant shall bind the Property and the owner or owners thereof for the time being and other person or persons deriving title under the Purchaser (each and all of whom including the Purchaser is and are hereinafter included in the expression the “Covenanting Purchaser”) and shall enure for the benefit of New Kowloon Inland Sha Tin Town Lot No.6532 No.605 and the buildings thereon known as “[****]” name of the Development] (collectively, the “Land”) and be enforceable by the Vendor and each Relevant Owner that:-

Covenant in assignment. An Owner (other than the First Owner) shall not be entitled to assign his Shares unless the assignment includes the following covenant: “The Purchaser hereby covenants with the Vendor for itself and as agent of NMC 8 each of Dragon Mount Development Limited and its successors, assigns and attorneys (collectively referred to as the “Relevant Owners” and each is individually referred to as a “Relevant Owner”) to the intent that this covenant shall bind the Property and the owner or owners thereof for the time being and other person or persons deriving title under the Purchaser (each and all of whom including the Purchaser is and are hereinafter included in the expression the “Covenanting Purchaser”) and shall enure for the benefit of New Kowloon Inland Tsing Yi Town Lot No.6532 No.190 and the buildings thereon known as “[****]” name of the Development] (collectively, the “Land”) and be enforceable by the Vendor and each Relevant Owner that:-