Common use of Additional Land Clause in Contracts

Additional Land. Declarants, from time to time and at any time before and after it has conveyed all of the Lincoln Commerce Center, shall have the right to render other land that is adjoining to the Lincoln Commerce Center or to any other property then subject and subservient to this Declaration in all respects by executing and recording a supplement to this Declaration containing: A legal description of the land to be added; a statement that Declarants is the record owner in fee simple of such land, or in lieu thereof; a statement that all other persons, firms or corporations having an interest in such land have joined in such supplement; a statement of the additional restrictions or burdens to which such land shall be subjected, if any; and a statement of the restrictions, burdens or provisions of this Declaration which shall be applicable to such land in modified form, if any. Following the execution, delivery and recording of such supplement, but subject to its terms, such land and the then and future owners, tenants, mortgagees and other occupants of all or any part thereof shall in all respects be fully subject to this Declaration and all rights, privileges, obligations, duties, liabilities, responsibilities, burdens and restrictions contained herein, including but not limited to, the obligation for payment of assessments, as though such land had originally been included in and subject to this Declaration.

Appears in 3 contracts

Sources: Lease Agreement (Allscripts Inc /Il), Lease Agreement (Allscripts Inc /Il), Lease Agreement (Allscripts Inc /Il)