CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 16.1. Upon the coming into effect of this Scheme and subject to the provisions of this Scheme, all contracts, deeds, bonds, agreements, schemes, indemnities, guarantees, incentives, arrangements and other instruments, whether pertaining to immovable properties or movable properties or otherwise, of whatsoever nature to which the Transferor Companies are a party or to the benefit of which the Transferor Companies may be eligible, and which are subsisting or have effect immediately before the Effective Date, shall continue in full force and effect on or against or in favor of, as the case may be, of the Transferee Company and may be enforced as fully and effectually as if, instead of the Transferor Companies, the Transferee Company had been a party or beneficiary or obligee thereto or there under. All such property and rights shall stand vested in Transferee Company pursuant to Sections 230 to 232 of the 2013 Act and shall be deemed to have become the property and rights of Transferee Company whether the same is implemented by endorsement or delivery and possession or in any other manner.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 7.1 Subject to the other provisions contained in this Scheme, all contracts, deeds, bonds, debentures, agreements and other instruments of whatever nature to which Transferor Company is a party, subsisting or having effect immediately before the amalgamation shall remain in full force and effect against or in favour of the Transferee Company and may be enforced as fully and as effectively as if the Transferee Company had been a party thereto instead of the Transferor Company.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 10.1 Notwithstanding anything contrary contained in this Scheme, any and all existing contracts, deeds, bonds, agreements, undertakings, guarantees, indemnities and other instruments if any, of whatsoever nature relating to the Transferor Companies and to which the Transferor Companies is party or a beneficiary and subsisting or having effect on the Effective Date, shall be in full force and effect in favour of the Transferee Company and may be enforced by or against the Transferee Company as fully and effectually as if, instead of the Transferor Companies, the Transferee Company had been a party or beneficiary or obligee thereto, without any further act or deed.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 13.1 Subject to other provisions of this Scheme, HIL shall accept all acts, deeds and things relating to the Undertaking of the Transferor Companies done and executed by and/or on behalf of the Transferor Companies on or after the Appointed Date as acts, deeds and things done and executed by and/or on behalf of HIL.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. With effect from the Effective Date all contracts, deeds, bonds, agreements, and other instruments of whatsoever nature (herein collectively called the “Contracts”) to which the Transferor Entity is a party or by which the Transferor Entity is bound, subsisting or having effect immediately before the Effective Date shall remain in full force and effect against or in favour of the Transferee Entity, as the case may be, and may be enforced as fully and effectively as if, instead of Transferor Entity, the Transferee Entity has been a party thereto.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. Subject to the other provisions of this Scheme, all contracts, deeds, bonds, agreements, lease agreements, leave and license agreements, licenses, engagements, certificates, media rights, satellite rights, permissions, consents, approvals, concessions, and incentives (including but not limited to benefits under the Income-tax Act, 1961,service tax, and other laws), remissions, remedies, subsidies, guarantees, licences and other instruments, if any, of whatsoever nature to which the Transferor Companies are party and which have not lapsed and are subsisting or having effect on the Effective Date shall be in full force, effect against or in favour of the Transferee Company, as the case may be, and may be enforced by or against the Transferee Company as fully and effectually as if, instead of the Transferor Companies, the Transferee Company had been a party thereto. The Transferee Company may enter into and/or issue and/or execute deeds, writings or confirmations or enter into any tripartite restructurings, confirmations or novations, to which the Transferor Companies will, if necessary, also be party in order to give formal effect to the provisions of this Scheme, if so required or if so considered necessary. The Transferee Company shall be deemed to be authorized to execute any such deeds, writings or confirmations on behalf of the Transferor Companies and to implement or carry out all formalities required on the part of the Transferor Companies to give effect to the provisions of this Scheme.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 16.1 Upon coming into effect of this Scheme and subject to the provisions of this Scheme, all contracts, including contracts for tenancies and licenses, deeds, bonds, agreements, incentives, benefits, exemptions, entitlements, arrangements, escrow arrangements and other instruments of whatsoever nature in relation to Demerged Undertaking to which the Demerged Company is a party or to the benefit of which the Demerged Company may be eligible and which are subsisting or having effect immediately before the Effective Date, shall be in full force and effect on or against or in favour, as the case may be, of the Resulting Company and may be enforced as fully and effectually as if, instead of the Demerged Company, the Resulting Company had been a party or beneficiary or obligee thereto.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 8.1. Subject to the other provisions contained in this Scheme, all contracts, deeds, bonds, agreements and other instruments of whatever nature to which, any of AFL, in relation to the Radio Business is a party subsisting or having effect immediately before the Scheme coming into effect shall be in full force and effect against or in favour of RUL, and may be enforced as if, instead of AFL, in relation to the Radio Business, RUL had been a party thereto.
CONTRACTS, DEEDS AND OTHER INSTRUMENTS. 6.1. Upon coming into effect of this Scheme and with effect from the Appointed Date 1 and subject to the provisions of this Scheme, all contracts, deeds, bonds, lease deeds, arrangements entered into with various persons, arrangements and other instruments of whatsoever nature in relation to the Demerged Undertaking and to which the Demerged Company is a party or to the benefit of which the Demerged Company may be eligible, and which are subsisting or have effect as on the Effective Date, shall continue in full force and effect on or against or in favor of, as the case may be, of the Resulting Company and may be enforced as fully and effectually as if, instead of the Demerged Company, the Resulting Company had been a party or beneficiary or obligee thereto or thereunder, in all cases subject to the terms and provisions of such contracts, deeds, bonds, lease deeds, agreements, arrangements or instruments.
