Common use of ROLE OF LEAD INSTITUTION Clause in Contracts

ROLE OF LEAD INSTITUTION. 5.1 The Concessionaire and the Lead Institution acknowledge that the Lead Institution is only acting as trustee for the Empowered Committee in respect of the VGF Grant and has no rights to the VGF Grant in any manner whatsoever.

Appears in 2 contracts

Samples: Tripartite Agreement12, Annexure v Tripartite

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ROLE OF LEAD INSTITUTION. 5.1 The Concessionaire and the Lead Institution acknowledge that the Lead Institution is only acting as trustee for the Empowered Committee Institution in respect of the VGF Grant and has no rights to the VGF Grant in any manner whatsoever.

Appears in 2 contracts

Samples: Tripartite Agreement, Tripartite Agreement

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