ECR definition
Examples of ECR in a sentence
Except as otherwise specifically provided in this ECR, all the Easements and Restrictions contained herein are made for the direct, mutual, and reciprocal benefit of each Lot and create reciprocal rights and obligations among the respective Owners, and privity of contract and estate among all successor lessees of the Lot, their heirs, successors, and assigns.
The Project is now held and will hereafter be held, transferred, sold, leased, conveyed, and occupied subject to this ECR and the easements, covenants, servitudes, conditions, and restrictions set forth in this ECR (collectively, the “Easements and Restrictions”).
No breach of any of the covenants and restrictions, nor the enforcement of any remedy provisions contained in this ECR shall render invalid the lien of any mortgage, deed of trust, or other lien against any Lot made in good faith and for value.
CONSULTANT shall update the ECR based on changes during final design provided by the project engineer and ensure that all measures are incorporated in the final PS&E package.
In addition, this ECR and each of the Easements and Restrictions, as applicable to a Lot, will operate as a covenant running with the land for the benefit of the Project and each Lot, and will inure to the benefit of all grantees hereof, their heirs, successors, and assigns, and will apply to and bind the grantees of the Lots, their heirs, successors, and assigns.