Succession definition
Succession means succession to the estate of a deceased person and covers all forms of transfer of assets, rights and obligations by reason of death, whether by way of a voluntary transfer under a disposition of property upon death or a transfer through intestate succession;
Succession means the process of the succession of Relevant Obligations and shall be interpreted in accordance with the definition of "Succeed".
Succession means the orderly and progressive replacement of one plant community by another until a relatively stable community, known as climax vegetation, occupies the area;
Examples of Succession in a sentence
Merger, Conversion, Consolidation or Succession to Business..............................
Merger, Conversion, Consolidation or Succession to Business........................................
Merger, Conversion, Consolidation or Succession to Business........................
Merger, Conversion, Consolidation or Succession to Business................................................
Merger, Conversion, Consolidation or Succession to Business...................................
More Definitions of Succession
Succession means the right for your tenancy to pass to your partner (married, cohabiting or same sex) or a member of your family, if they have lived as part of your household for at least 12 months before your death. This only applies if they used your home as their only or main home during that period, and do not have an interest in another property as tenant or owner. These rights will not apply if the tenancy had already passed to you by succession or the tenancy was transferred to you by a previous tenant.
Succession means the direct acquisition of assets and liabilities comprising a going business from a predecessor,
Succession means the direct acquisition of the assets comprising a going business, whether by merger, consolidation, purchase, or other direct transfer. The term does not include the acquisition of control of a business unless followed by the direct acquisition of its assets. The terms "succeed" and "successor" have the same meaning as "succession".
Succession means the conveyance of property to the heirs of a deceased person.
Succession means the occasion on which a person becomes the statutory tenant of a dwelling-house by virtue of this Schedule and “successor” shall be construed accordingly.
Succession of or with respect to an interest in the Company means any involuntary (whether by operation of law or otherwise, and for this purpose (i) a transfer of a decedent’s interest in the Company pursuant to his or her will or the laws of intestacy is to be considered “involuntary,” and (ii) a purported transfer of an interest in the Company in connection with an organization’s voluntary liquidation is to be considered “voluntary”) sale, assignment or other disposition, or pledge, hypothecation or other encumbrance, or other alienation, of such interest (the purchaser, assignee, or other recipient, or pledgee, hypothecatee, or other alienee of such interest, or the holder of such encumbrance, being referred to as the “Successor” of or with respect to such interest, and the Member who held such interest immediately before such Succession being referred to as the “Predecessor” of or with respect to such interest).
Succession. All of the provisions in this Rental Agreement shall apply to, bind, and be obligatory upon the Tenant’s heirs, assigns, executors, administrators, representatives, and successors. This agreement may not be transferred without the expressed written agreement of the Landlord.