All agreements, appointments, awards, contracts, deeds and other instruments, and all actions and proceedings and causes of action which immediately before the appointed day were existing or pending in favour of, or against, Wye College shall on and after the appointed day continue and may be carried into effect, enforced and prosecuted by, or in favour of, or against, Imperial College to the same extent and in the like manner as if Imperial College instead of Wye College had been a party to, or interested in, the same.