Examples of Continuing Party in a sentence
Contract means the contract between the Outgoing Party and the Continuing Party dated [insert date].
The Continuing Party consents to the novation of the Contract under the Contract to the Incoming Party on the terms of this deed.
ELEXON Limited, registered in England (number 3782949) whose registered office is at 4th Floor, 350 Euston Road, London, NW1 3AW, on its own behalf and on behalf of all the other parties to the BSC Framework Agreement ( Continuing Party).
The Outgoing Party and the Continuing Party are parties to the Contract.
With effect on and from the Effective Date the Continuing Party releases and discharges the Outgoing Party from all obligations, liabilities, damages, losses, costs and expenses, and all claims, actions or proceedings, against the Outgoing Party, under or in respect of the Contract arising on or after the Effective Date.