Common use of Successor is Deemed Included in All References to Predecessor Clause in Contracts

Successor is Deemed Included in All References to Predecessor. Whenever in this Indenture or any Supplemental Indenture either the Authority is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions, with respect to the management, administration and control of the affairs of the Authority, that are presently vested in the Authority, and all the covenants, agreements and provisions contained in this Indenture by or on behalf of the Authority shall bind and inure to the benefit of its successors whether so expressed or not.

Appears in 4 contracts

Sources: Indenture of Trust, Indenture of Trust, Indenture of Trust

Successor is Deemed Included in All References to Predecessor. Whenever in this Indenture either the Agency or any Supplemental Indenture either the Authority is named or referred toto herein, such reference shall be deemed to include the successor to the powers, duties and functions, with respect to the management, administration and control of the affairs of the Authority, functions that are presently vested in the Agency or the Authority, and all the covenants, agreements and provisions contained in this Indenture covenants required hereby to be performed by or on behalf of the Agency or the Authority shall bind and inure to the benefit of its the respective successors thereof whether so expressed or not.

Appears in 2 contracts

Sources: Installment Purchase Agreement, Installment Purchase Agreement

Successor is Deemed Included in All References to Predecessor. Whenever in this Indenture or any Supplemental Indenture either the Authority is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions, with respect to the management, administration and control of the affairs of the Authority, that are presently vested in the Authority, and all the covenants, agreements and provisions contained in this Indenture by or on behalf of the Authority shall bind and inure to the benefit of its successors whether so expressed or not.not.‌

Appears in 1 contract

Sources: Indenture

Successor is Deemed Included in All References to Predecessor. Whenever in this this, Indenture or any Supplemental Indenture either the Authority Agency’ is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions, with respect to the management, administration and control of the affairs of the AuthorityAgency, that are presently vested in the AuthorityAgency, and all the covenants, agreements and provisions contained in this Indenture by or on behalf of the Authority Agency shall bind and inure to the benefit of its successors whether so expressed or not.

Appears in 1 contract

Sources: Indenture

Successor is Deemed Included in All References to Predecessor. Whenever in this Indenture or any Supplemental Indenture either the Authority is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions, with respect to the management, administration and control of the affairs of the Authority, that are presently vested in the Authority, and all the covenants, agreements and provisions contained in this Indenture by or on behalf of the Authority shall bind and inure to the benefit of its successors whether so expressed or not.

Appears in 1 contract

Sources: Commitment Agreement and Purchase Contract

Successor is Deemed Included in All References to Predecessor. Whenever in this this, Indenture or any Supplemental Indenture either the Authority is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions, with respect to the management, administration and control of the affairs of the Authority, that are presently vested in the Authority, and all the covenants, agreements and provisions contained in this Indenture by or on behalf of the Authority shall bind and inure to the benefit of its successors whether so expressed or not.

Appears in 1 contract

Sources: Indenture