Declaration Binding Sample Clauses
A Declaration Binding clause establishes that any statements, representations, or declarations made within the agreement are legally binding on the parties involved. In practice, this means that if a party makes a declaration regarding facts, intentions, or obligations, those declarations are enforceable as part of the contract. This clause ensures that all parties can rely on the accuracy and enforceability of such declarations, thereby reducing ambiguity and preventing disputes over whether certain statements are contractually significant.
Declaration Binding. This Declaration and the covenants contained herein will run with the real property comprising the Project and will bind the Developer and its successors and assigns and all subsequent owners of the Project or any interest therein, and the benefits will inure to the EDA and its successors and assigns until the Termination Date of this Declaration as provided in Section 1(b) hereof.
Declaration Binding. This Declaration and the covenants contained herein shall run with the real property comprising the Project and shall bind the Developer and its successors and assigns and all subsequent owners of the Project or any interest therein, and the benefits shall inure to the City and its successors and assigns for the term of this Declaration as provided in Section 1(b) hereof.