Enforcement of the Covenants. Employee acknowledges and agrees that the Covenants contained in Sections 8 through 11 of this Agreement are reasonably necessary to the protection of BuildNet's business, that a violation of any of the Covenants contained in Sections 8 through 11 of this Agreement would result in immediate and irreparable harm to BuildNet and that BuildNet's remedies at law and/or the award of monetary damages would be inadequate relief for such a violation. Therefore, Employee's violation or threatened violation of any of the Covenants contained in Sections 8 through 11 of this Agreement will give BuildNet the right to enforce such Covenants through specific performance, temporary restraining order, preliminary or permanent injunction, and other equitable relief. These remedies will be cumulative and in addition to any other remedies that BuildNet may have. In addition, Employee agrees that the Covenants contained in Sections 8 through 11 will be extended by a length of time equal to the period of time running from the filing of any action to enforce or challenge the validity of the Covenants to the date of a final judgment (after appeals, if any) or settlement of said litigation, or the expiration of all applicable appeal periods after the entry of judgment in said litigation, whichever event last occurs.
Enforcement of the Covenants. The Authority and its successors and assigns shall be deemed beneficiaries of the agreements and covenants set forth in the Redevelopment Agreement, both for and in their own right but also for the purposes of protecting the interests of the community and other parties, public or private, in whose favor or for whose benefit such agreements and covenants have been provided. Such agreements and covenants shall run in favor of the Authority for the entire period during which such agreements and covenants shall be in force and effect, without regard to whether the Authority has at any time been, remains, or is an owner of any land or interest therein, or in favor of which such agreements and covenants relate. The Authority shall have the right, in the event of any breach of any such agreement or covenant, to terminate the Redevelopment Agreement in accordance with the terms of Article 9 thereof, including all notice and cure provisions. This provision is not intended to confer standing to xxx on any party other than the Authority. Upon redevelopment of the Property and completion of the Project (as evidenced by the Authority’s issuance of a Certificate of Completion for the Project), the conditions that were found and determined to exist at the time the Rehabilitation Area was determined to be in need of redevelopment shall be deemed to no longer exist, the land and improvements thereon shall no longer be subject to eminent domain as a result, and the conditions and requirements of N.J.S.A. 40A:12A-9 shall be deemed to have been satisfied with respect to the Project.
Enforcement of the Covenants. 6.1 The Covenant regarding payment of Maintenance Charges / Common Expenses and regarding use of the Common Parts and Portions and Observance of House Rules as laid down in the SIXTH SCHEDULE is for mutual benefit of all Flat Holders and in the event of any default on the part of the Purchaser in making payments of the proportionate share of maintenance charges to the Owner/Vendor No. 2/Developer / Holding Organization or Facility Manager / Agent appointed by them then in that event the Owner/Vendor No. 2/Developer / Holding organization shall be entitled to disconnect the supply of electricity, discontinue the supply of water or prevent the use of lift or discontinue other facilities. It is hereby further agreed and declared by and between the Parties hereto that in as much as the covenant regarding payment of all common expenses and maintenance charges is for beneficial use of all the Flat Owners/Flat Holders, in the event of any default on the part of the Flat Holders in performing the obligations in terms of this Indenture the Owner/Vendor No. 2/Developer / Holding Organization shall be entitled to enforce the same.
Enforcement of the Covenants. The Agency and its successors and assigns shall be deemed beneficiaries of the agreements and covenants contained in this Project Covenant, both for and in their own right, and also for the purposes of protecting the interests of the community and other parties, public or private, in whose favor or for whose benefit such agreements and covenants have been provided. Such agreements and covenants shall run in favor of the Agency for the entire period during which such agreements and covenants shall be in force and effect, without regard to whether the Agency has at any time been, remains, or is an owner of any land or interest therein, or in favor of which such agreements and covenants relate. The Agency shall have the right, in the event of any breach of any such agreement or covenant, to exercise all the rights and remedies and to maintain any actions or suits at law or in equity or other proper proceedings to enforce the curing of such breach of agreement or covenant, to which it or any other beneficiaries of such agreement or covenant may be entitled.
Enforcement of the Covenants. 6.1 The Covenant regarding payment of maintenance charges / Common Expenses and regarding use of the Common Parts and Portions and observance of House rules as laid down in the SEVENTH SCHEDULE is for mutual benefit of all Flat Holders and in the event of any default on the part of the Purchasers in making payments of the proportionate share of maintenance charges to the Promoter / Holding Organization or Facility Manager / Agent appointed by them then in that event the Promoter / Holding organization shall be entitled to disconnect the supply of electricity, discontinue the supply of water or prevent the use of lift or discontinue other facilities. It is hereby further agreed and declared by and between the Parties hereto that in as much as the covenant regarding payment of all common expenses and maintenance charges is for beneficial use of all the flat owners/Flat Holders, in the event of any default on the part of the Flat Holders in performing the obligations in terms of this Indenture the Promoter / Holding Organization shall be entitled to enforce the same.
Enforcement of the Covenants. Employee acknowledges and agrees that the Covenants contained in Sections 7 through 10 of this Agreement are reasonably necessary to the protection of Buildnet's business, that a violation of any of the Covenants contained in Sections 7 through 10 of this Agreement would result in immediate and irreparable harm to Buildnet and that Buildnet's remedies at law and/or the award of monetary damages would be inadequate relief for such a violation. Therefore, Employee's violation or threatened violation of any of the Covenants contained in Sections 7 through 10 of this Agreement will give Buildnet the right to enforce such Covenants through specific performance, temporary restraining order, preliminary or permanent injunction, and other equitable relief. These remedies will be cumulative and in addition to any other remedies that Buildnet may have.
Enforcement of the Covenants
