Common use of Legal succession Clause in Contracts

Legal succession. In cases of legal succession of any project beneficiary (e.g. where the Lead Beneficiary changes its legal form), this project beneficiary is obliged to transfer all duties under this contract to its legal successor.

Appears in 3 contracts

Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement

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Legal succession. In cases of legal succession of any project beneficiary Project Beneficiary (e.g. where the Lead Beneficiary changes its legal form), this project beneficiary Project Beneficiary is obliged to transfer all duties under this contract to its legal successor. In such a case, this Partnership Agreement and the Subsidy Contract shall be amended accordingly.

Appears in 1 contract

Samples: Partnership Agreement

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