Common use of Evolution of the consortium Clause in Contracts

Evolution of the consortium. I.3.1 The consortium may be enlarged to include other legal entities, which shall accede to the framework agreement by means of Form B (set out in Annex V). The Agency is deemed to have accepted this legal entity as a contractor in the consortium, if it does not object within six weeks of receipt of Form B. Any new contractor shall comply with any condition required by the Financial Regulation or other formalities that may be required by any other provision of this framework agreement. I.3.2 They shall assume the rights and obligations of partners as established by the contract with effect from the date of their accession to the contract. Partners leaving the consortium shall be bound by the provisions of the contract regarding the terms and conditions applicable to the termination of their participation.

Evolution of the consortium. I.3.1 The consortium may be enlarged to include other legal entities, which shall accede to the framework agreement by means of Form B (set out in Annex VIII). The Agency is deemed to have accepted this legal entity as a contractor partner in the consortium, if it does not object within six weeks of receipt of Form B. Any new contractor partner shall comply with any condition required by the Financial Regulation or other formalities that may be required by any other provision of this framework agreement. I.3.2 They Acceeding legal entities shall assume the rights and obligations of partners as established by the contract with effect from the date of their accession to the contract. Partners leaving the consortium shall be bound by the provisions of the contract regarding the terms and conditions applicable to the termination of their participation.