Servitudes definition
Examples of Servitudes in a sentence
When landowners express the intention to limit land use, “that intention should be carried out.” Id. at 444; ▇▇▇▇▇▇▇, Notice and Freedom of Contract in the Law of Servitudes, 55 So.Cal.L.Rev.
The purpose of this paragraph is to increase the likelihood that a court interpreting this Agreement, should there be any doubt as to the correct interpretation of a provision, will look to the Restatement of Servitudes as the better view of the law applicable to conservation easements.
Mortgagor shall keep and continue, or cause to be kept and continued, all material Servitudes, estates and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied.
Portland Development Commission (the “Consent Judgment”), Selected Remedial Action Record of Decision for the USPS-P&DC Site, Portland, Oregon, dated July 14, 2010, Easement and Equitable Servitudes, dated October 8, 2011, and filed in Multnomah County as Document #2011-111086, and future easements and equitable servitudes that limit or condition activities at the USPS Property.
At any time and from time to time during the Term, BREP may mortgage, hypothecate, pledge or grant security interests in its interest in the Servitudes by one or more mortgages or other security devices encumbering BREP’s rights under this Agreement (including the Servitudes granted hereby) in favor of BREP’s Financier (a “Mortgage”).