Admission of New Participants. Any Person acquiring a Company Interest pursuant to Section 3.3, or any Permitted Transferee acquiring a Participant’s Company Interest pursuant to Section 3.4, shall, unless such acquiring Permitted Transferee is a Participant as of immediately prior to such acquisition, be deemed to have been admitted to the Company as a Participant, automatically and with no further action being necessary by the Operating Committee, the Participants or any other Person, by virtue of, and upon the consummation of, such acquisition of a Company Interest and compliance with Section 3.3 or Section 3.4, as applicable.
Admission of New Participants. A Michigan school district which is not a party to this Agreement or a member of the Consortium may be admitted to membership as a Participant by action of the Governing Body. If approved by the Governing Body, the decision to admit a new Participant must be ratified by a majority the participating districts to be effective.
Admission of New Participants. Following the Effective Date of this Agreement, a Member may execute this Agreement and become a Participant provided that: 1) such joinder is approved by the NCPA Commission; and 2) the new Participant a) reimburses existing Participants for a proportionate share of the applicable costs identified during NCPA’s Annual Budget process and any GPP Costs incurred to establish and administer this GPP Program, and b) satisfies all Security Account requirements under this Agreement. A new Participant shall not be entitled to any Environmental Attributes or Natural Gas from Eligible Gas Purchases consummated prior to the date it becomes a Participant unless one or more of the existing Participants (“Allocating Participants”) elect to allocate a portion of its Subscription Percentage to such new Participant. Upon an agreement thereof and affirmative vote thereon by all Allocating Participants, NCPA shall prepare and distribute to each Participant the written agreement between the new Participant and the Allocating Participant(s) indicating the agreed upon change in the Subscription Percentage(s) for the designated Eligible Gas Purchase(s), a counterpart of this Agreement executed by the new Participant, and a report from NCPA’s Deal Capture System reflecting the revised Subscription Percentages. Any reduction in any Allocating Participant’s share of the Security Account shall be credited to the Allocating Participants in accordance with Section 5.3.2.
Admission of New Participants. The IMS International Steering Committee can admit new participants. The procedures for admission of new participants are set forth in Technical Appendix 6.
Admission of New Participants. 11.1 This MOU is open to participation by NATO and EU nations, subject to them acceding to the provisions of this MOU and to other applicable arrangements, and the unanimous acceptance by the Participants.
Admission of New Participants. The Signatories intend that new Participants may be added to this Agreement through the process specified in Exhibit C. The addition of a Participant through the process specified in Exhibit C will not constitute an amendment to this Agreement and will not be subject to the requirements of Section 13.2.
Admission of New Participants. Upon the approval of a two-thirds majority of the Board of Trustees qualified new Participants that agree to be bound by this Trust Agreement, may be admitted as Participants under this Agreement, under such additional terms and conditions as the Board shall determine. Any such new Participant shall pay such amount as the Board of Trustees shall determine for the group health insurance premiums for the balance of the fiscal year of the Trust, and such portion of the expenses of the Trust, if any, as the Trustees shall deem appropriate.
Admission of New Participants. Membership in the Plan may be offered to any component district of the BOCES 1 or the BOCES 2 with the approval of the Board of Directors in accordance with the rules set forth in the Plan’s By Laws.
Admission of New Participants. Following the Effective Date of this Agreement, no Member (“Additional Member”) may execute this Amended Agreement and become a Participant unless one or more of the Participants (“Allocating Participants”) elect to allocate a portion of its Participant Percentage to such Member. Upon agreement of the Allocating Participant and the Additional Member, the Additional Member shall deliver to NCPA and each other Participant the written agreement between the Additional Member and the Allocating Participant(s) indicating the agreed upon change in Participation Percentage(s), a counterpart of this Agreement executed by the Additional Member, evidence that such agreements have been approved in accordance with its applicable Constitutive Documents and payment of such Member’s share of the Security Account. Any reduction in any Allocating Participant’s share of the Security Account shall be credited to the Allocating Participants in accordance with Section 5.3. Upon receipt of all required documents, NCPA shall provide to all Participants an updated Exhibit B reflecting the revised Participation Percentages.
Admission of New Participants. The Participants may from time to time agree to admit third parties as additional Participants, provided that -
