Common use of Transfer to a Successor Clause in Contracts

Transfer to a Successor. If a Successor has Qualified, the balance of assets in the Project Fund, together with any other assets held or liabilities incurred by Conservancy in connection with the Project, shall be transferred to the Successor within thirty (30) days of the approval of the Successor in writing by both Parties or any extension thereof, subject to the approval of any third parties that may be required.

Appears in 3 contracts

Samples: Fiscal Sponsorship Agreement, Fiscal Sponsorship Agreement, Fiscal Sponsorship Agreement

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Transfer to a Successor. If a Successor has Qualified, the balance of assets in the Project Fund, together with any other assets held or liabilities incurred by Conservancy in connection connec- tion with the Project, shall be transferred to the Successor within thirty (30) days of the approval of the Successor in writing by both Parties or any extension thereof, subject to the approval of any third parties that may be required.

Appears in 2 contracts

Samples: Fiscal Sponsorship Agreement, Fiscal Sponsorship Agreement

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Transfer to a Successor. If a Successor has Qualified, the balance of assets in the Project Fund, together with any other assets held or liabilities incurred by DRAFT Conservancy in connection with the Project, shall be transferred to the Successor within thirty (30) days of the approval of the Successor in writing by both Parties or any extension thereof, subject to the approval of any third parties that may be required.

Appears in 1 contract

Samples: Fiscal Sponsorship Agreement

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