Common use of Separate Interests Clause in Contracts

Separate Interests. Where the Covenantor is the registered proprietor or proprietor of an estate in leasehold which is of a separate and definable interest in the First Land in respect of which a separate instrument of title has issued (separate interest), the obligations of the Covenantor set out in this deed will relate only to the Covenantor's separate interest and not a separate interest of any other registered proprietor of the First Land or any part of or interest in the First Land.

Appears in 2 contracts

Sources: Deed of Land Covenant, Deed of Land Covenant