Common use of Binding on Successors Clause in Contracts

Binding on Successors. In the event the District should merge or consolidate with another school district or other governmental entity, this Agreement shall be binding on the successor school district or governmental entity, and the duties and obligations of Applicant shall inure to the benefit of such successor school district or governmental entity.

Appears in 19 contracts

Samples: Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement, Limitation on Appraised Value Agreement

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Binding on Successors. In the event the of a merger or consolidation of District should merge or consolidate with another school district or other governmental entityauthority, this Agreement shall be binding on the successor school district or other governmental entity, and the duties and obligations of Applicant shall inure to the benefit of such successor school district or governmental entityauthority.

Appears in 17 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Limitation on Appraised Value Agreement, Amended Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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Binding on Successors. In the event of a merger or consolidation of the District should merge or consolidate with another school district or other governmental entityauthority, this Agreement shall be binding on the successor school district or other governmental entity, and the duties and obligations of Applicant shall inure to the benefit of such successor school district or governmental entityauthority.

Appears in 12 contracts

Samples: Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes, Agreement for Limitation on Appraised Value of Property for School District Maintenance and Operations Taxes

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