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

Appears in 2 contracts

Sources: Installment Purchase Agreement, Installment Purchase Contract

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

Appears in 1 contract

Sources: Installment Purchase Contract

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

Appears in 1 contract

Sources: Installment Purchase Agreement

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

Appears in 1 contract

Sources: Joint Acquisition Agreement

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

Appears in 1 contract

Sources: Installment Purchase Agreement