Succession definition

Succession means succession to the estate of a deceased person and covers all forms of transfer of assets, rights and obligations by reason of death, whether by way of a voluntary transfer under a disposition of property upon death or a transfer through intestate succession;

Succession means the process of the succession of Relevant Obligations and shall be interpreted in accordance with the definition of "Succeed".

Succession means the orderly and progressive replacement of one plant community by another until a relatively stable community, known as climax vegetation, occupies the area;

Examples of Succession in a sentence

• Succession Plans In the event that the undersigned shall not have designated a Succession Plan (see the section entitled Succession Plan in this agreement), then the succession plan policy and procedure contained in The Charitable Giving Guide which is incorporated by reference shall apply and the Foundation shall have no liability to any party for carrying out such policy and procedure.

• Succession to ownership of an automobile, truck, or farm equipment dealership.

• Succession planning must address the loss in numbers, as well as the loss of experience.

• Succession Plans In the event that the undersigned shall not have designated a Succession Plan, then the succession plan policy and procedure contained in The Charitable Giving Guide which is incorporated by reference shall apply and the Foundation shall have no liability to any party for carrying out such policy and procedure.

• Executive Succession: The HSP must inform the LHIN prior to undertaking a recruitment or appointment process for a CEO or Executive Director.

More Definitions of Succession

Succession means the right for your tenancy to pass to your partner (married, cohabiting or same sex) or a member of your family, if they have lived as part of your household for at least 12 months before your death. This only applies if they used your home as their only or main home during that period, and do not have an interest in another property as tenant or owner. These rights will not apply if the tenancy had already passed to you by succession or the tenancy was transferred to you by a previous tenant. If you, or a member of your household, think that they have a right to succeed, they must tell us in writing within 28 days of the death of the previous tenant and we will assess their grounds for succession.

Succession means the conveyance of property to the heirs of a deceased person.

Succession. Means of or with respect to an interest in the Company means any involuntary (whether by operation of law or otherwise) sale, assignment or other disposition, or pledge, hypothecation or other encumbrance, or other alienation, of such interest (and for this purpose (a) a transfer of a decedent’s interest in the Company pursuant to his or her will or the laws of intestacy is to be considered “involuntary,” and (b) a purported transfer of an interest in the Company in connection with an organization’s voluntary liquidation is to be considered “voluntary”) (the purchaser, assignee, or other recipient, or pledgee, hypothecatee, or other alienee of such interest, or the holder of such encumbrance, being referred to as the “Successor” of or with respect to such interest, and the Member who held such interest immediately before such Succession being referred to as the “Predecessor” of or with respect to such interest).

Succession means the direct acquisition of the assets comprising a going business, whether by merger, consolidation, purchase, or other direct transfer. The term does not include the acquisition of control of a business unless followed by the direct acquisition of its assets. The terms "succeed" and "successor" have the same meaning as "succession".

Succession means the direct acquisition of assets and liabilities comprising a going business from a predecessor, whether by merger, consolidation, purchase or other direct transfer.

Succession includes where a former joint tenant has become a sole tenant after the death of a joint tenant or where anyone has become tenant under any part of clause 11 including clause 11.6 12 Leaving your home and ending your tenancy - your responsibilities If you wish to end the Tenancy, you must do the following:

Succession means the interest to which a successor is 25