Common use of LAND USE COVENANTS Clause in Contracts

LAND USE COVENANTS. [IF LAND USE COVENANT APPLICABLE: Insert provisions describing restrictions on future use of property and attach copy of land use covenant that is to be recorded for the site.] [IF LAND USE COVENANT NOT APPLICABLE: This site does not require a land use covenant.]

LAND USE COVENANTS. [IF LAND USE COVENANT APPLICABLE: Insert provisions describing restrictions on future use of property and attach copy of land use covenant that is to be recorded for the site.] [IF LAND USE COVENANT NOT APPLICABLE: This site does not require a land use covenant.] [IF LAND USE COVENANT UNDETERMINED: The parties agree that restrictions may be required on the future use of the Site. Once such restrictions have been determined, an appropriate land use covenant will be prepared and recorded for the Site.]