Article 6 Contracts to binding

All purchases, sales, conveyances, deeds, contracts and agreements entered into or made by IPL and in force immediately before the transfer date shall, on and after that date, be as binding and of as full force and effect in every respect against or in favour of A.B. Ports as they have heretofore been against or in favour of IPL and may be enforced as fully and effectively as if instead of IPL A.B. Ports had been a party thereto.