Changes in Constitution. Where the contractor is a partnership firm, the prior approval in writing of the Chief Executive Officer, NRDA shall be obtained before any change is made in the constitution of the firm. Where the contractor is an individual or a Hindu Undivided family business concern such approval as aforesaid shall likewise be obtained before the contractor enters into any partnership agreement where under the partnership firm would have the right to carry out the work hereby undertaken by the contractor. If prior approval as aforesaid is not obtained the contractor shall be deemed to have been assigned in contravention of the condition 56 hereof and the same action may be taken and the same consequences shall ensure as provided for in the said condition 56.
Changes in Constitution. In the event that the Executive Committee decides to remove a member under paragraph 4.6 or change its constitution under paragraph 6, those changes shall prevail over the provisions of this paragraph.
Changes in Constitution. This Agreements hall remain effective until ended in accordance with clause J despite any change in your or our name or constitution.
Changes in Constitution. Where the Contractor is a partnership firm, prior approval in writing of the Institute Authority shall be obtained before any change is made in the constitution of the firm. Where the Contractor is an individual or a Hindu Undivided Family business concern such approval as aforesaid shall likewise be obtained before the Contractor enters into any partnership firm which would have the right to carry out the work hereby undertaken by the Contractor. If prior approval as aforesaid is not obtained, the Contract shall be deemed to have been assigned in contravention of point no. 27 hereof and the same action may be taken and the same consequences shall ensure as provided for in the said point 27.
Changes in Constitution. (a) This Letter of Set-Off shall remain in full force and effect notwithstanding any change in the constitution of the Borrower.
(b) This Letter of Set-Off shall continue to bind the Borrower notwithstanding any amalgamation or merger that may be effected by the Bank with any other company or companies and notwithstanding any reconstruction by the Bank involving the formation of and transfer of the whole or any part of its undertaking and assets to a new company and notwithstanding the sale and transfer of the whole or any part of the undertaking and assets of the Bank to another company, whether the company or companies with which the Bank may amalgamate or merge or the company to which the Bank may transfer the whole or any part of its undertaking and assets either on a reconstruction or sale or transfer as stated above shall or shall not differ from the Bank in their or its objects, character or constitution, it being the intent of the Borrower that this Letter of Set-Off shall remain valid and effectual in all respects in favour of, against and with reference to, and that the benefit of this Letter of Set-Off and all rights conferred upon the Bank by this Letter of Set-Off may be assigned to and enforced by, any such company or companies and proceeded on in the same manner to all intents and purposes as if such company or companies had been named in this Letter of Set-Off instead of and/or in addition to the Bank.
(c) The security, liabilities and/or obligations created by this Letter of Set-Off shall continue to be valid and binding for all purposes whatsoever notwithstanding, in the case of the Borrower being a natural person or an individual, the Borrower’s death, bankruptcy, mental incapacity, or in the case of the Borrower being a partnership, by reason of a change in the membership of the partnership (whether by death, resignation, admission of new partners or otherwise), or in the case of the Borrower being a corporation, the Borrower’s change in name or style or by amalgamation, liquidation, reconstruction or otherwise howsoever in the constitution of the Borrower and it is expressly declared that no change of any sort whatsoever in relation to or affecting the Borrower or the Bank shall in any way affect the security, liabilities and/or obligations created hereunder in relation to any transaction whatsoever whether past, present or future.
Changes in Constitution. 6.1 Any change in the constitution(s) of the Lenders, the Agent and or the Borrower or the Agent's and or the Borrower's absorption in or amalgamation with any other person or the acquisition of all or any part of the Agent's and or Borrower's undertaking, as the case may be, by any other person shall not in any way prejudice or affect the Agent's rights hereunder.
Changes in Constitution. The Chair may as far as permitted by law agree waiver of compliance with any requirement of this Constitution where they are satisfied that the waiver is necessary to achieve the proper management of the Shared Adoption Service and is in the interests of securing the objectives of the Shared Adoption Service.
Changes in Constitution. Where the Contractor is a partnership firm, prior approval in writing of the Engineer-in- charge shall be obtained before any change is made in the firm. Where the Contractor is an individual or a Hindu Undivided Family business concern such approval as aforesaid shall likewise be obtained before the Contractor enters into any partnership firm when only he would have the right to carry out the work hereby undertaken by the Contractor. If prior approval as aforesaid is not obtained the Contract shall be deemed to have been assigned of Condition 41(j) hereof and the same action may be taken and the same consequence shall ensure as provided for the said Condition
