Successors/Covenants Run with Property Sample Clauses

Successors/Covenants Run with Property. All duties and obligations of Owner under this Agreement shall also be duties and obligations of Owner’s successors and assigns. The terms and conditions of this Agreement shall run with the Properties. 6203267v1 Commented [JG2]: This could include activities on our property. If the City damages our building as a result of their negligence, then they should be responsible, even if performing repairs to the stormwater facilities on our behalf. PROPERTY OWNER: BRAMANTES ARDEN HILLS LAND,AHSL PARTNERS LLC Drown [print name] President By: Xxxxxxx Its: [title] STATE OF MINNESOTA ) )ss. COUNTY OF ) The foregoing instrument was acknowledged before me this day of , 202119, by _, Xxxxxxx Xxxxx, the President of Bramantes Arden Hills Land AHSL Partners LLC, a Minnesota limited liability company, on behalf of said entity. Notary Public CITY OF ARDEN HILLS By: _ Xxxxx Xxxxx, Mayor By: _ Xxxx Xxxxxxxx, City Administrator STATE OF MINNESOTA ) )ss. COUNTY OF XXXXXX ) The foregoing instrument was acknowledged before me this day of , 202119, by Xxxxx Xxxxx and Xxxx Xxxxxxxx, respectively, the Mayor and City Manager, of the City of Arden Hills, a Minnesota municipal corporation, on behalf of the corporation and pursuant to the authority granted by its City Council. Notary Public THIS INSTRUMENT WAS DRAFTED BY: XXXXXXXX XXXXXXX Professional Association Grand Oak Office Center I 000 Xxxx Xxxxxxx Xxxx, Xxxxx 000 Xxxxx, Xxxxxxxxx 00000 Telephone: (000) 000-0000 JJJ/jmo EXHIBIT A TO STORMWATER AND RECREATIONAL FACILITIES OPERATION, MAINTENANCE AND EASEMENT AGREEMENT Legal Description of the Owner Property Xxx 0, Xxxxx 0, XXXXX XXXXX SENIOR LIVING, Xxxxxx County, Minnesota. EXHIBIT B TO STORMWATER AND RECREATIONAL FACILITIES OPERATION, MAINTENANCE AND EASEMENT AGREEMENT Legal Description of the City Property Outlot A, ARDEN HILLS SENIOR LIVING, Xxxxxx County, Minnesota. AND The Park, EDGEWATER ESTATES, Xxxxxx County, Minnesota. EXHIBIT C TO STORMWATER AND RECREATIONAL FACILITIES OPERATION, MAINTENANCE AND EASEMENT AGREEMENT Formatted: Centered [Contained on Following Page] Insert Depiction of Facilities EXHIBIT D TO STORMWATER AND RECREATIONAL FACILITIES OPERATION, MAINTENANCE AND EASEMENT AGREEMENT [Contained on Following Page]Legal Description of Easement Area EXHIBIT E TO STORMWATER AND RECREATIONAL FACILITIES OPERATION, MAINTENANCE AND EASEMENT AGREEMENT Engineering standards Stormwater facilities within the City of Arden Hills shall be designed in accordance with the Minneso...
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Related to Successors/Covenants Run with Property

  • LESSOR'S COVENANTS The Lessor covenants and agrees that, unless the Agent and the Lenders shall have otherwise consented in writing:

  • Operating Covenants The Issuer covenants with the Indenture Trustee as follows, provided that any of the following covenants with respect to the Portfolio Railcars shall not be deemed to have been breached by virtue of any act or omission of a Lessee or sub-lessee, or of any Person which has possession of a Portfolio Railcar for the purpose of repairs, maintenance, modification or storage, or by virtue of any requisition, seizure, or confiscation of a Portfolio Railcar (other than seizure or confiscation arising from a breach by the Issuer of such covenant) (each, a “Third Party Event”), so long as (i) none of the Issuer, the Servicer or the Administrator has consented to such Third Party Event; and (ii) the Issuer (or the Servicer on its behalf) as the Lessor of such Portfolio Railcar promptly and diligently takes such commercially reasonable actions as a leading railcar operating lessor would reasonably take in respect of such Third Party Event, including, as deemed appropriate (taking into account, among other things, the laws of the jurisdiction in which such Portfolio Railcar is located or operated), seeking to compel such Lessee or other relevant Person to remedy such Third Party Event or seeking to repossess the relevant Portfolio Railcar:

  • Seller’s Covenants Seller hereby covenants as follows:

  • Pledgor’s Covenants The Pledgor represents, covenants and warrants that unless compliance is waived by the Bank in writing:

  • Owner’s Covenants 13.1. The Owner covenants the following to the Lessee:

  • Survival of Covenants and Agreements The covenants and agreements of the parties to be performed after the Effective Time contained in this Agreement shall survive the Effective Time.

  • Buyer’s Covenants Buyer hereby covenants as follows:

  • Borrower’s Covenants 3.1 As and when he becomes, and for so long as he remains a shareholder of Borrower Company, Borrower covenants irrevocably that during the term of this Agreement, Borrower shall cause Borrower Company:

  • Covenants Run with the Land All of the grants, covenants, terms, provisions and conditions herein shall run with the Premises, shall be binding upon Borrower and shall inure to the benefit of Lender, subsequent holders of this Security Instrument and their successors and assigns. Without limitation to any provision hereof, the term “Borrower” shall include and refer to the borrower named herein, any subsequent owner of the Property, and its respective heirs, executors, legal representatives, successors and assigns. The representations, warranties and agreements contained in this Security Instrument and the other Loan Documents are intended solely for the benefit of the parties hereto, shall confer no rights hereunder, whether legal or equitable, in any other Person and no other Person shall be entitled to rely thereon.

  • Agreements and Covenants The Company shall have performed or complied in all material respects with all agreements and covenants required by this Agreement to be performed or complied with by it on or prior to the Effective Time.

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