Common use of Addition of new beneficiaries Clause in Contracts

Addition of new beneficiaries. In justified cases, the beneficiaries may request the addition of a new beneficiary. For this purpose, the coordinator must submit a request for amendment in accordance with Article 55. It must include an Accession Form (see Annex 3) signed by the new beneficiary in the electronic exchange system (see Article 52). New beneficiaries must assume the rights and obligations under the Agreement with effect from the date of their accession specified in the Accession Form (see Annex 3).

Appears in 9 contracts

Samples: Multi Beneficiary Model Grant Agreement, Multi Beneficiary Model Grant Agreement, Multi Beneficiary Model Grant Agreement

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