Examples of Permitted Successor in a sentence
The Recipient’s Representative is the Recipient’s Minister of State for Planning, Economy and International Cooperation (or any Permitted Successor).
Licence Revenue must have been earned and attributed to such Administered Performing Rights (provided that in the case of a Permitted Successor, it shall suffice if Licence Revenue had previously been attributed to the relevant Administered Performing Rights in respect of the Predecessor).
The Trustees shall allocate to the relevant Separate Fund all shares in and securities of the relevant Permitted Successor Company which they own but otherwise shall effect such division in such manner as they shall in their absolute discretion decide.
Further, the Permitted Successor hereby confirms and agrees that the Loan Documents are, and shall continue, on and after the effectiveness of this Acknowledgement, to be, in full force and effect in accordance with their respective terms and are, effective as of the effectiveness of this Acknowledgement, ratified and confirmed by the Permitted Successor in all respects.
Notwithstanding any of the provisions of this Agreement, including but not limited to those which are intended to be covenants running with the land, Permitted Successors shall not be obligated by the provisions of this Agreement to complete the Project or to guarantee such Project; nor shall any covenant or any other provision in the Deed be construed to so obligate such Permitted Successor.