Common use of Satisfaction of Requirements Clause in Contracts

Satisfaction of Requirements. Any and all legal requirements for the provisions of this Agreement to constitute restrictive covenants running with the land of the Project and applying to the Project as a whole, or to create equitable servitudes with respect to same in favor of OHCS, are deemed satisfied in full.

Appears in 2 contracts

Sources: Local Innovation and Fast Track Housing Program Operating Agreement, Operating Agreement and Declaration of Land Use Restrictive Covenants

Satisfaction of Requirements. Any and all legal requirements for the provisions of this Agreement to constitute restrictive covenants running with the land of the Project and applying to the Project as a wholeProperty, or to create equitable servitudes with respect to same in favor of OHCS, are deemed satisfied in full.

Appears in 2 contracts

Sources: Local Innovation and Fast Track Housing Program Operating Agreement, Local Innovation and Fast Track Housing Program Operating Agreement