Additional rights of First Owner. Each and every Owner covenants with the First Owner with the intent that the covenants, rights, entitlements, exceptions and reservations herein conferred upon the First Owner shall bind each and every Owner and their respective successors and assigns and are intended to run and shall run with the Land and the Development and any interest therein that the First Owner excluding its assigns shall, for as long as the First Owner remains the beneficial owner of any Undivided Share, have the right to do all or any of the following acts or deeds and to exercise all or any of the following rights :-
Appears in 2 contracts
Sources: Deed of Mutual Covenant and Management Agreement, Deed of Mutual Covenant and Management Agreement