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3.02. Each and all of the easements, covenants, <br />restrictions and provisions contained in this Agreement; <br />(a) Are made for the direct, mutual and <br />reciprocal benefit of the Occupants and Permittees of <br />OD <br />the respective Sites; <br />Q <br />(b) Create mutual equitable servitudes upon each <br />parcel in favor of the other Sites; <br />' (c) Constitute covenants running with the land; <br />and <br />(d) Shall bind every person or entity having any <br />fee, leasehold or other interest in any portion of the <br />Entire Parcel at any time or from time to time to the <br />extent that such portion is affected or bound by the <br />easement, covenant, restriction, or provision in <br />question, or to the extent that such easement, <br />covenant, restriction or provision is to be performed <br />on such portion. <br />3.03. The acceptance of any transfer or conveyance of <br />title from any party hereto or its respective heirs, representa- <br />tives, successors or assigns of all or any part of its interest <br />in its Site shall be deemed to: <br />(a) Require the prospective grantee to agree not <br />to use, occupy or allow any lessee or occupant of such <br />Site to use or occupy the Site in any manner which <br />would constitute a violation or breach of any of the <br />easements and covenants contained herein; and <br />-il- 08/12/87:2 <br />11 <br />