Common use of Termination of the Board Clause in Contracts

Termination of the Board. If Article XXVII of the Colorado Constitution, which established GOCO, is amended or repealed to terminate GOCO or merge GOCO into another entity, the rights and obligations of GOCO under this Agreement shall be assigned to and assumed by such other entity as provided by law, but, in the absence of such direction, by the Colorado Department of Natural Resources or its successor.

Appears in 5 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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