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Common use of New Party Clause in Contracts

New Party. A new entity becomes a Party to the Consortium Agreement upon written agreement of the Project Committee and the new entity’s signature of the Consortium Agreement. Such accession shall have effect from the date of signature.

Appears in 6 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

New Party. A new entity becomes a Party to the Consortium Agreement upon written agreement of the Project Committee Management Board and the new entity’s signature of the Consortium AgreementICA. Such accession shall have effect from the date of signature.

Appears in 3 contracts

Samples: Intra Consortium Agreement for PPP Projects, Intra Consortium Agreement for PPP Projects, Intra Consortium Agreement for PPP Projects