Evolution of the consortium. I.3.1. The consortium may be enlarged to include other legal entities, which shall accede to the framework agreement by means of Form B (set out in Annex III). The Agency is deemed to have accepted this legal entity as a partner in the consortium, if it does not object within six weeks of receipt of Form B. Any new partner shall comply with any condition required by the Financial Regulation or other formalities that may be required by any other provision of this framework agreement. I.3.2. Acceding legal entities shall assume the rights and obligations of partners as established by the framework agreement with effect from the date of their accession to the framework agreement. Partners leaving the consortium shall be bound by the provisions of the framework agreement regarding the terms and conditions applicable to the termination of their participation.
Appears in 4 contracts
Samples: Framework Partnership Agreement, Framework Partnership Agreement, Framework Partnership Agreement
