Restrictions Run with the Land Sample Clauses

The "Restrictions Run with the Land" clause establishes that certain limitations or obligations attached to a property will continue to apply to the property regardless of changes in ownership. In practice, this means that if a property is sold or transferred, any restrictions—such as prohibitions on certain uses, building limitations, or easements—remain binding on future owners. This clause ensures continuity and predictability by making sure that important restrictions are not lost or ignored when the property changes hands, thereby protecting the interests of parties who benefit from those restrictions.
Restrictions Run with the Land. ARCO's rights under this Declaration, ------------------------------ Owner's obligations under this Declaration, any restrictions on the use and operation of the Real Estate, and any waivers and releases by Owner under this Declaration (collectively, the "Rights and Restrictions") are for the benefit of ARCO and its successors and assigns. The Rights and Restrictions run with the Real Estate and bind Owner's successors and assigns, including future owners and tenants of the Real Estate, for ARCO's benefit. The Rights and Restrictions are intended to (i) constitute equitable servitudes that burden the Real Estate and (ii) to be enforceable under Section 1471 of the California Civil Code. (See signatures on the next page) OWNER: LLO-GAS, INC., a Delaware corporation By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ----------------------------------- ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ President (ATTACH NOTARY ACKNOWLEDGMENTS) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT ================================================================================ STATE OF CALIFORNIA ---------- COUNTY OF ORANGE ------ On September 2, 1999 before me, ▇. ▇▇▇▇, Notary Public -------------------- ------------------------------------------------------------------ NAME, TITLE OF OFFICER -E.G., "▇▇▇▇ ▇▇▇", NOTARY PUBLIC personally appeared ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇, ------------------------------------------------------------------------------------ [X] personally known to me to be the person whose name is subscribed to the within [SEAL] instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. /s/ ▇. ▇▇▇▇ ----------------------------------------------------------------------------- SIGNATURE OF NOTARY ===========================OPTIONAL============================================= Though the data is not required by law, it may prove valuable to persons relying on the document and could prevent the fraudulent reattachment of this form [_] INDIVIDUAL [X] CORPORATE OFFICER President Environmental Covenants and Conditions --------- -------------------------------------- TITLE OR TYPE OF DOCUMENTS PARTNER(S) [_] LIMITED [_] GENERAL [_] ATTORNEY-IN-FACT -------------------- [_] TRUSTEE(S) NUMBER OF PAGES [_] GUARDIAN/CONSERVATOR [_] OTHER September 2, 1999 -------------------------------- DATE OF DOCUMENTS SIGNER IS REPRESENTING: NAME OF PER...
Restrictions Run with the Land. ARCO's rights under this Declaration, ------------------------------ Owner's obligations under this Declaration, any restrictions on the use and operation of the Real Estate, and any waivers and releases by Owner under this Declaration (collectively, the "Rights and Restrictions") are for the benefit of ARCO and its successors and assigns. The Rights and Restrictions run with the Real Estate and bind Owner's successors and assigns, including future owners of the Real Estate, for ARCO's benefit. The Rights and Restrictions are intended (i) to constitute equitable servitudes that burden the Real Estate and (ii) to be enforceable under Section 1471 of the California Civil Code. (See signatures on the next page.)
Restrictions Run with the Land. Notwithstanding anything to the contrary contained in Section 15 above, the burden of this Agreement shall constitute a binding servitude, shall run with the land in perpetuity and thus not subject to the limitations on the enforceability of restrictions in ▇.▇. ▇. 184, §§31-33, and, in any event, shall bind and run with the Property for a period of no less than ninety- nine (99) years from the recording hereof.
Restrictions Run with the Land. Notwithstanding anything to the contrary contained in Section 16 above, the burden of this Agreement shall constitute a binding servitude, shall run with the land in perpetuity.

Related to Restrictions Run with the Land

  • Covenants Run with the Land All of the grants, covenants, terms, provisions and conditions herein shall run with the Premises, shall be binding upon Borrower and shall inure to the benefit of Lender, subsequent holders of this Security Instrument and their successors and assigns. Without limitation to any provision hereof, the term “Borrower” shall include and refer to the borrower named herein, any subsequent owner of the Property, and its respective heirs, executors, legal representatives, successors and assigns. The representations, warranties and agreements contained in this Security Instrument and the other Loan Documents are intended solely for the benefit of the parties hereto, shall confer no rights hereunder, whether legal or equitable, in any other Person and no other Person shall be entitled to rely thereon.

  • Covenants to Run With the Land All of the grants, covenants, terms, provisions and conditions in this Mortgage shall run with the Land and shall apply to, and bind the successors and assigns of, the Mortgagor. If there shall be more than one mortgagor with respect to the Mortgaged Property, the covenants and warranties hereof shall be joint and several.

  • Covenants Running with the Land All Obligations contained in this Mortgage are intended by Mortgagor and Mortgagee to be, and shall be construed as, covenants running with the Land. As used herein, “Mortgagor” shall refer to the party named in the first paragraph of this Mortgage and to any subsequent owner of all or any portion of the Mortgaged Property. All Persons who may have or acquire an interest in the Mortgaged Property shall be deemed to have notice of, and be bound by, the terms of the Credit Agreement and the other Loan Documents; provided, however, that no such party shall be entitled to any rights thereunder without the prior written consent of Mortgagee.

  • Covenant Running with the Land The terms, conditions, rights, obligations, benefits, covenants and restrictions of the provisions of this Agreement shall be deemed covenants running with the land, and shall be binding upon and inure to the benefit of the Developer and its heirs, representatives, successors and assigns. This Agreement shall be deemed to be incorporated into each deed and conveyance of the Property or any portion thereof hereafter made by any other Developers of the Property, regardless of whether this Agreement is expressly referenced therein.

  • Compliance with the Law The Parties agree to comply fully with all applicable federal, state, and local statutes, ordinances, rules, and regulations applicable to their entity in connection with the programs contemplated under this Agreement.