Common use of Changes in Ownership Clause in Contracts

Changes in Ownership. 6.36.1 CMARE agrees that if there is a change or transfer in ownership, including but not limited to merger by acquisition, of CMARE’s business prior to completion of this Contract, the new owner shall be required under terms of sale or other transfer to assume CMARE’s duties and obligations contained in this Contract and to obtain the written approval of County of such merger or acquisition, and complete the obligations and duties contained in the Contract to the satisfaction of County.

Appears in 5 contracts

Sources: Construction Manager at Risk (Cmar) Contract, Pre Construction Services Agreement, Pre Construction Services Contract

Changes in Ownership. 6.36.1 CMARE agrees that if there is a change or transfer in ownership, including but not limited to merger by acquisition, of CMARE’s business prior to completion of this Contract, the CMARE new owner shall be required under terms of sale or other transfer to assume CMARE’s CMARE duties and obligations contained in this Contract and to obtain the written approval of County of such merger or acquisition, and complete the obligations and duties contained in the Contract to the satisfaction of County.

Appears in 1 contract

Sources: Pre Construction Services Contract