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 herein either the Authority or any member, officer or employee thereof or of the State is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions with respect to the Project that are presently vested in the Authority or such member, officer or employee, and all agreements and covenants required hereby to be performed by or on behalf of the Authority or any member, officer or employee thereof shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 4 contracts

Sources: Master Indenture, Trust Agreement, Trust Agreement

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

Appears in 1 contract

Sources: Indenture

Successor is Deemed Included in All References to Predecessor. Whenever herein either the Authority or any member, officer or employee thereof or of the State County is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions with respect to the Project that are presently vested in the Authority or such member, officer or employee, and all agreements and covenants required hereby to be performed by or on behalf of the Authority or any member, officer or employee thereof shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Sources: Trust Agreement

Successor is Deemed Included in All References to Predecessor. Whenever herein either the Authority or any member, officer or employee thereof or of the State is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions with respect to the 2017-B Project that are presently vested in the Authority or such member, officer or employee, and all agreements and covenants required hereby to be performed by or on behalf of the Authority or any member, officer or employee thereof shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Sources: Trust Agreement

Successor is Deemed Included in All References to Predecessor. Whenever herein either the Authority or any member, officer or employee thereof or of the State is named or referred to, such reference shall be deemed to include the successor to the powers, duties and functions with respect to the Project that are presently vested in the Authority or such member, officer or employee, and all agreements and covenants required hereby to be performed by or on behalf of the Authority or any member, officer or employee thereof shall bind and inure to the benefit of the respective successors thereof whether so expressed or not.

Appears in 1 contract

Sources: Trust Agreement