Common use of Adherence Clause in Contracts

Adherence. The Covenantor hereby covenants to and undertakes with each of the other persons in the schedule to this Deed and with each such other person who may from time to time expressly adhere to the Shareholders Agreement (by way of execution of a deed or by way of novation) to be bound by and comply in all respects with the Shareholders Agreement, and to assume the benefits of the Shareholders Agreement, as if the Covenantor had executed the Shareholders Agreement and was named as an original party thereto.

Appears in 2 contracts

Samples: Subscription and Option Agreement (Drdgold LTD), Subscription and Option Agreement (Durban Roodepoort Deep LTD)

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Adherence. The Covenantor hereby covenants to and undertakes with each of the other persons in the schedule to this Deed and with each such other person who may from time to time expressly adhere to the Shareholders Shareholders' Agreement (by way of execution of a deed or by way of novation) to be bound by and comply in all respects with the Shareholders Shareholders' Agreement, and to assume the benefits of the Shareholders Shareholders' Agreement, as if the Covenantor had executed the Shareholders Shareholders' Agreement as a principal and was named as an original party thereto.

Appears in 1 contract

Samples: Agreement (Aether Systems Inc)

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Adherence. 2. The Covenantor hereby covenants to and undertakes with each of the other persons in the schedule to this Deed and with each such other person who may from time to time expressly adhere to the Shareholders Shareholders' Agreement (by way of execution of a deed or by way of novation) to be bound by and comply in all respects with the Shareholders Agreement, Shareholders' Agreement and to assume the benefits of the Shareholders Shareholders' Agreement, as if the Covenantor had executed the Shareholders Shareholders' Agreement and was named as an original party thereto.. ---------------

Appears in 1 contract

Samples: Sew Coinvestment Agreement (Macquarie Infrastructure CO LLC)

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