Examples of New Contractor in a sentence
Original Contractor and New Contractor warrant that the Master Contract and the Agreement are in full force and effect and that there has been no breach by any of the Contractors, to the Master Contract or the Agreement.
New Contractor hereby agrees to, accepts, and assumes all of the rights and obligations of the Original Contractor under the Agreement to the same extent as if New Contractor had executed the Agreement itself.
Original Contractor assigns, transfers, and conveys to New Contractor all of their rights and obligations under the Agreement and all its amendments.
Original Contractor and New Contractor further warrant (i) that Original Contractor and Original Contractor are in full compliance with all the terms and conditions of the Agreement; (ii) that Original Contractor has the right to assign its rights and obligations under the Agreement, with the consent and endorsement of the CITY; and (iii) that Original Contractor and Original Contractor have not previously assigned nor encumbered all or any part of their rights or obligations under the Agreement.
New Contractor represents and warrants that in May, 2018, New Contractor merged with Original Contractor, and New Contractor is the surviving entity.