Common use of Successor Is Deemed Included in All References to Predecessor Clause in Contracts

Successor Is Deemed Included in All References to Predecessor. Whenever either the District, the Authority or the Authority Lender is named or referred to herein, such reference shall be deemed to include the successor to the powers, duties and functions that are presently vested in the District, the Authority or the Authority Lender, and all agreements and covenants which are required hereby to be performed by or on behalf of the District, the Authority or the Authority Lender shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Samples: Installment Purchase Agreement

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Successor Is Deemed Included in All References to Predecessor. Whenever either the District, the Authority a District or the Authority Lender is named or referred to herein, such reference shall be deemed to include the successor to the powers, duties and functions that are presently vested in the District, the Authority such District or the Authority LenderAuthority, and all agreements and covenants which are required hereby to be performed by or on behalf of the District, the Authority such District or the Authority Lender shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Samples: Joint Acquisition Agreement

Successor Is Deemed Included in All References to Predecessor. Whenever either the District, the Authority District or the Authority Lender is named or referred to herein, such reference shall be deemed to include the successor to the powers, duties and functions that are presently vested in the District, the Authority District or the Authority Lender, and all agreements and covenants which are required hereby to be performed by or on behalf of the District, the Authority District or the Authority Lender shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Samples: Installment Purchase Contract

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Successor Is Deemed Included in All References to Predecessor. Whenever either the District, the Authority or the Authority Lender District or the Trustee is named or referred to herein, such reference shall be deemed to include the successor to the powers, duties and functions that are presently vested in the District, the Authority or the Authority LenderDistrict or the Trustee, and all agreements and covenants which are required hereby to be performed by or on behalf of the District, the Authority or the Authority Lender District or the Trustee shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Samples: Improvement Agreement

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