Common use of Easements and Restrictive Covenants Clause in Contracts

Easements and Restrictive Covenants. The Borrower covenants that all future easements and restrictive covenants purporting to affect the Property shall be submitted to the Bank for its approval prior to the execution thereof by Borrower, which approval shall not be unreasonably conditioned, withheld or delayed, with all proposed easements being accompanied by a survey showing the location thereof. The Borrower further covenants to comply with all easements and restrictive covenants affecting the Property.

Appears in 3 contracts

Samples: Loan Agreement (Tri-Isthmus Group, Inc.), Loan Agreement (Tri-Isthmus Group, Inc.), Loan Agreement (Tri-Isthmus Group, Inc.)

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Easements and Restrictive Covenants. The Borrower covenants that all future easements and restrictive covenants purporting to affect the Real Property shall be submitted to the Bank for its approval prior to the execution thereof by Borrower, which approval shall not be unreasonably conditioned, withheld or delayed, with all proposed easements being accompanied by a survey showing the location thereof. The Borrower further covenants to comply with all easements and restrictive covenants affecting the Real Property.

Appears in 1 contract

Samples: Loan Agreement (First Physicians Capital Group, Inc.)

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