Covenants by Owner Clause Samples

The "Covenants by Owner" clause sets out specific promises or obligations that the property owner agrees to uphold under the terms of the agreement. These covenants may include maintaining the property in good condition, complying with applicable laws and regulations, or refraining from certain activities that could affect the property's value or use. By clearly outlining the owner's responsibilities, this clause helps ensure ongoing compliance and protects the interests of other parties involved in the contract.
Covenants by Owner. Owner makes the following covenants, warranties, agreements and representations, each of which shall be deemed material to this Agreement: (a) Owner covenants and agrees that he will sign any and every annexation petition which relates to the Subject Property (“Annexation Petition”) immediately upon presentment of such petition. As used in this Agreement, an Annexation Petition shall be construed to relate to the Subject Property if the property to be annexed pursuant to and described in the petition includes the Subject Property or any portion thereof. Owner acknowledges that a purpose of this Agreement is to ensure, as a material benefit and consideration to the City, Owner’s full and complete cooperation with any effort to annex the Subject Property; and Owner agrees, that upon request by the City, Owner will do, execute, acknowledge and deliver, all such further acts, agreements, and assurances as may be requested and reasonably necessary for the full completion and consummation of the purpose contemplated herein. These further acts shall specifically include, but are not limited to, signing successive Water and/or Sewer Service Agreement and Restrictive Covenant documents or agreements, signing successive Annexation Petitions, in the event prior annexation efforts are unsuccessful. Owner warrants and covenants that Owner has not and will not subdivide or otherwise manipulate the Subject Property, or other property owned or previously owned by Owner, to hinder or impede the City’s ability to annex the Subject Property. In addition to the above, Owner agrees and recognizes that in the event an Annexation Petition relating to the Subject Property may have already been signed or may be signed in the future, the Owner shall not object to the annexation of the Subject Property as contemplated by this Agreement in any manner whatsoever and hereby voluntarily agrees to such annexation in the event an Annexation Petition related to the Subject Property has already been executed. (b) Owner agrees that any new development, additions or expansions on the Subject Property shall be completed in accordance with the City Zoning Ordinance design standards and other regulations referenced therein, where those regulations are not in direct conflict with any York County design or development regulation. Owner agrees to provide copies of all plans to the City Planning & Development Department for review and approval simultaneous to submission to York County. Owner agrees ...
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Covenants by Owner. Owner represents and warrants to the ▇▇▇▇▇▇▇ Parties that at all times during the term of this Agreement: a. It has, and will continue to have, the right to convey good and merchantable title to all of Owner’s Proportionate Share of and in the raw natural gas production stream from the ▇▇▇▇▇ or to all of Owner’s Residue Gas, whichever is applicable, free and clear of all liens, encumbrances and claims other than any customary liens arising under any joint operating agreement; and b. Except as provided herein or pursuant to any Commitment Agreements, its gross working interest is undedicated to or fully released from any marketing agreement(s) related to the ▇▇▇▇▇ and/or Owner’s Residue Gas, and the ▇▇▇▇▇▇▇ Parties shall have the sole right to purchase and resell Owner’s Residue Gas. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS AGREEMENT, OWNER SHALL RELEASE, INDEMNIFY, DEFEND AND HOLD THE ▇▇▇▇▇▇▇ PARTIES, THE MARKETING ▇▇▇▇▇▇▇ PARTY AND ALL OF THEIR AFFILIATES, AND EACH OF THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS AND REPRESENTATIVES HARMLESS FROM AND AGAINST ALL SUITS, ACTIONS, DEBTS, ACCOUNTS, COSTS, DAMAGES (OF ANY KIND OR TYPE), CHARGES, FINES, PENALTIES, LOSSES, JUDGMENTS, LIABILITIES AND/OR EXPENSES (INCLUDING REASONABLE ATTORNEYS’ FEES AND OTHER COSTS OF LITIGATION) ARISING FROM OR OUT OF ADVERSE CLAIMS OF ANY PARTY TO OWNER’S RESIDUE GAS.
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Covenants by Owner. Owner covenants for Owner’s compliance with the requirements of building and housing codes materially affecting health and safety applicable to the Apartment. Owner shall also make such repairs as are required of Owner by statute; however, the obligation for bearing the cost of such repairs shall be determined in accordance with the remaining provisions of this Lease.
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Covenants by Owner. Owner represents and warrants to the ▇▇▇▇▇▇▇ Parties that at all times during the term of this Agreement: a. It has, and will continue to have, the right to convey good and merchantable title to all of Owner’s Proportionate Share of and in the raw natural gas production stream from the ▇▇▇▇▇ or to all of Owner’s Residue Gas, whichever is applicable, free and clear of all liens, encumbrances and claims other than any customary liens arising under any joint operating agreement; and b. Except as provided herein or pursuant to any Commitment Agreements, its gross working interest is undedicated to or fully released from any marketing agreement(s) related to the ▇▇▇▇▇ and/or Owner’s Residue Gas, and the ▇▇▇▇▇▇▇ Parties shall have the sole right to purchase and resell Owner’s Residue Gas.
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Covenants by Owner. Owner represents and warrants to the ▇▇▇▇▇▇▇ Parties that at all times during the term of this Agreement: a. It has, and will continue to have, the right to convey good and merchantable title to all of Owner’s Oil Production, free and clear of all liens, encumbrances and claims other than any customary liens arising under any joint operating agreement; and b. Except as provided herein or pursuant to any Commitment Agreements, its gross working interest is undedicated to or fully released from any marketing agreement(s) related to the ▇▇▇▇▇ and/or Owner’s Oil Production, and the ▇▇▇▇▇▇▇ Parties shall have the sole right to purchase and resell Owner’s Oil Production.
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Covenants by Owner. In consideration of the General Manager of the Kingborough Council granting permission for the Owner to build the Prescribed Structure on, over or adjacent to the said easement, the Owner hereby covenants with the Kingborough Council: (a) To at all times allow Kingborough Council access to the Land for the purpose of inspecting, repairing, maintaining or replacing any infrastructure on the Land that is the responsibility of the Kingborough Council. (b) To indemnify and keep indemnified the Kingborough Council against any claims, costs, expenses however arising as a result of: (ii) the Owner’s building the Prescribed Structure on the land in respect of which the consent of the General Manager of the Kingborough Council was obtained; (iii) the reduction or hinderance of access to Kingborough Council infrastructure on the Land; and (iv) the Kingborough Council performing any operation, maintenance or replacement on or to the infrastructure of the Kingborough Council for which Council has a responsibility and is on the Land.
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Related to Covenants by Owner

  • Covenants by Executive 5.1 As of the Effective Date, Executive is a party to the Proprietary Information and Additional Covenants Agreement between Executive and Forge (the “PICA”). Subject to § 5.9 below, Executive shall comply with all applicable terms and conditions of the PICA throughout the Term hereof, and hereby agrees to execute and comply with any amendments to or updated versions of the PICA that Forge may require of its officers and employees from time to time. Future amendments or updated versions will be automatically incorporated into this Employment Agreement upon execution thereof and will revise or replace the previous PICA, each such amended or new version of the PICA subject to § 5.9 below, and all references to “PICA” in this Employment Agreement will be interpreted as referring to the then-current version of the PICA executed by the Executive; provided, however, references to “PICA” in § 4.2(c)(4) shall refer to the PICA in effect on the date hereof or any subsequent form of the PICA which Executive explicitly agrees to incorporate into § 4.2(c)(4). Capitalized terms used in this § 5 but not defined in this Employment Agreement will have the meaning provided in the PICA. If there is a conflict between this § 5 and the PICA, this § 5 will control but only with respect to the conflicting provisions and to the extent necessary to resolve the conflict. 5.2 Executive will be subject to a “Restricted Period” beginning on the effective date of the termination or expiration of this Employment Agreement and continuing for 18 months thereafter (or, in the case of Section 5.5, for a period of 12 months thereafter). For purposes of §§ 5.3-5.5 below, Forge expressly includes its successors and assigns, direct and indirect subsidiaries, or any other entity or person that directly, or indirectly through one or more intermediaries, controls or is controlled by, or is under common control with, Forge.

  • Covenants of Party B Party B hereby covenants as follows: 2.2.1 Without the prior written consent of Party A, Party B shall not sell, transfer, mortgage or dispose of in any other manner any legal or beneficial interest in the equity interests in Party C held by Party B, or allow the encumbrance thereon, except for the interest placed in accordance with Party B’s Equity Interest Pledge Agreement and Party B’s Power of Attorney; 2.2.2 Without the prior written consent of Party A, Party B shall cause the shareholders’ meeting and/or the directors (or the executive director) of Party C not to approve any sale, transfer, mortgage or disposition in any other manner of any legal or beneficial interest in the equity interests in Party C held by Party B, or allow the encumbrance thereon of any security interest, except for the interest placed in accordance with Party B’s Equity Interest Pledge Agreement and Party B’s Power of Attorney; 2.2.3 Without the prior written consent of Party A, Party B shall cause the shareholders’ meeting or the directors (or the executive director) of Party C not to approve the merger or consolidation with any person, or the acquisition of or investment in any person; 2.2.4 Party B shall immediately notify Party A of the occurrence or possible occurrence of any litigation, arbitration or administrative proceedings relating to the equity interests in Party C held by Party B; 2.2.5 Party B shall cause the shareholders’ meeting or the directors (or the executive director) of Party C to vote their approval of the transfer of the Optioned Interests as set forth in this Agreement and to take any and all other actions that may be requested by Party A; 2.2.6 To the extent necessary to maintain Party B’s ownership in Party C, Party B shall execute all necessary or appropriate documents, take all necessary or appropriate actions, file all necessary or appropriate complaints, and raise necessary or appropriate defenses against all claims; 2.2.7 Party B shall appoint any designee of Party A as the director or the executive director of Party C, at the request of Party A; 2.2.8 Party B hereby waives its right of first of refusal to transfer of equity interest by any other shareholder of Party C to Party A (if any), and gives consent to execution by each other shareholder of Party C with Party A and Party C the exclusive option agreement, the equity interest pledge agreement and the power of attorney similar to this Agreement, Party B’s Equity Interest Pledge Agreement and Party B’s Power of Attorney and undertakes not to take any action in conflict with such documents executed by the other shareholders; 2.2.9 Party B shall promptly donate any profit, interest, dividend or proceeds of liquidation, or any proceeds from transferring its entire or a part of equity interest in Party C, to Party A or any other person designated by Party A to the extent permitted under applicable PRC laws; and 2.2.10 Party B shall strictly abide by the provisions of this Agreement and other contracts jointly or separately executed by and among Party B, Party C and Party A, perform the obligations hereunder and thereunder, and refrain from any action/omission that may affect the effectiveness and enforceability thereof. To the extent that Party B has any remaining rights with respect to the equity interests subject to this Agreement hereunder or under the Party B’s Equity Interest Pledge Agreement or under the Party B’s Power of Attorney, Party B shall not exercise such rights except in accordance with the written instructions of Party A.

  • Covenants of Party A Unless the provisions set forth below under “Private Placement Procedures” shall be applicable, Party A shall use any Shares delivered by Party B to Party A on any Settlement Date to return to securities lenders to close out open Share loans created by Party A or an affiliate of Party A in the course of Party A’s or such affiliate’s hedging activities related to Party A’s exposure under this Confirmation.

  • Covenants Etc Buyer shall have substantially performed and complied with each and every covenant, agreement and condition required by this Agreement to be performed or complied with by it prior to, or at, the Closing Date.

  • COVENANTS OF ICANN ICANN covenants and agrees with Registry Operator as follows: