Common use of Covenant Running with the Land Clause in Contracts

Covenant Running with the Land. Any act or agreement to be done or performed by Mortgagor shall be construed as a covenant running with the land and shall be binding upon Mortgagor and its successors and assigns as if they had personally made such agreement.

Appears in 7 contracts

Sources: Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing (Procaccianti Hotel Reit, Inc.), Open End Mortgage, Assignment of Leases and Security Agreement, Merger Agreement (LKQ Corp)

Covenant Running with the Land. Any act or agreement to be done or performed by Mortgagor M▇▇▇▇▇▇▇▇ shall be construed as a covenant running with the land and shall be binding upon Mortgagor and its successors and assigns as if they had personally made such agreement.

Appears in 3 contracts

Sources: Mortgage and Security Agreement (Ault Alliance, Inc.), Mortgage and Security Agreement (BitNile Holdings, Inc.), Mortgage (Procaccianti Hotel Reit, Inc.)

Covenant Running with the Land. Any act or agreement to be done or performed by Mortgagor shall be construed as a covenant running with the land and shall be binding upon Mortgagor and its respective successors and assigns as if they had personally made such agreement.agreement.‌

Appears in 1 contract

Sources: Agreement in Lieu of Taxes

Covenant Running with the Land. Any act or agreement specified herein to be done or performed by the Mortgagor shall be construed as a covenant running with the land and shall be binding upon the Mortgagor and its successors and assigns as if they each had personally made such agreement.

Appears in 1 contract

Sources: Mortgage, Assignment of Leases and Security Agreement (Neose Technologies Inc)

Covenant Running with the Land. Any act or agreement to be done or performed by Mortgagor shall be construed as a covenant running with the land and shall be binding upon Mortgagor and its successors and assigns as if they had personally made executed such agreementagreement (including, without limitation, any buyer of the Mortgaged Property).

Appears in 1 contract

Sources: Mortgage and Security Agreement (NeoStem, Inc.)