Deed binding on executors etc Clause Samples

The 'Deed binding on executors etc' clause establishes that the obligations and rights set out in the deed are not limited to the original parties, but also extend to their executors, administrators, successors, and permitted assigns. In practice, this means that if a party to the deed dies or transfers their interest, the person or entity who steps into their legal position is also bound by the terms of the deed. This ensures continuity and enforceability of the deed’s provisions, preventing parties from escaping their responsibilities or benefits through succession or assignment.
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Deed binding on executors etc. This Deed shall bind the parties hereto and their respective executors, administrators, successors in title and assigns and the benefit and burden of the covenants in this Deed shall be annexed to and run with the Shares and the attached Right to Occupy, the Units and the Common Parts.
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Deed binding on executors etc. The covenants and provisions of this Deed are binding on all Owners and the benefit and burden thereof are annexed to the Land and the Development and to the Share(s) in respect thereof.
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Related to Deed binding on executors etc

  • Binding on Successors and Assigns The Agreement, as amended by this Amendment No. 1, shall be binding upon and inure to the benefit of the Parties and each other person and entity having any interest therein during their ownership thereof, and their respective successors and assigns.

  • Binding on Successors This Agreement shall be binding upon and shall inure to the benefit of the respective heirs, successors, permitted assigns and legal representatives of the parties hereto.

  • Agreement Binding on Successors This Agreement will be binding upon, and inure to the benefit of, the successors of each of the Parties.

  • Binding on Successors, Transferees and Assigns; Assignment This Security Agreement shall remain in full force and effect until the Termination Date has occurred, shall be binding upon the Grantors and their successors, transferees and assigns and shall inure to the benefit of and be enforceable by the Lender; provided that no Grantor may assign any of its obligations hereunder without the prior consent of the Lender.

  • Successors; Binding Agreement This Agreement shall inure to the benefit of and be binding upon personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.