Agreement Effect. The terms and conditions of this Agreement shall be binding on the Parties hereto, their respective successors and assigns and the benefits and burdens shall run with the Property. Tri-Care shall record this Agreement immediately following: (i) the recording of the Final Plat; (ii) before any mortgages or other interests are recorded against the Property; and (iii) before Tri-Care transfers ownership interest to any portion of the Property to a third-party. Tri-Care shall provide the City with recording information prior to any permits being issued for the development of the Property.
Appears in 2 contracts
Sources: Agreement to Reapportion Special Assessments, Agreement to Reapportion Special Assessments