Effect of Deed of Adherence Sample Clauses

Effect of Deed of Adherence. The parties agree to extend the benefit of this agreement to any person who enters into a Deed of Adherence in the form set out in Schedule 2 (Form of Deed of Adherence), but without prejudice to the continuation inter se of the rights and obligations of the original parties to this agreement.
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Effect of Deed of Adherence. 24.1 Each of the Parties shall procure that, before any third party is registered as a direct holder of any Shares or Indirect Interest (a “New Party”), the New Party shall first enter into a Deed of Adherence agreeing to be bound by the terms of this Agreement. On execution of a Deed of Adherence, and provided that the other requirements of this Agreement have been complied with in relation to any transfer of Shares or an Indirect Interest, the New Party shall enjoy all rights and benefits and shall be bound by all obligations under this Agreement in all respects as if it were a Party. 24.2 A Party’s rights against a New Party pursuant to a Deed of Adherence are conditional on any Party which wishes to benefit from or enforce a Deed of Adherence agreeing that Clause 46 (Governing Law and Settlement of Disputes) will apply to any Deed of Adherence. Any Party seeking to benefit from or enforce a Deed of Adherence shall be deemed to have accepted such terms. 24.3 The provisions of Clauses 24.1 and 24.2 apply equally (with appropriate changes required to achieve the same effect as intended in relation to a direct holder of any Shares or any Indirect Interest) to the entry into a Deed of Adherence by an Ultimate Holding Company of which the transferee of any Shares or any Indirect Interest is a Subsidiary (unless already a Party to this Agreement).
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Effect of Deed of Adherence. ‌ 23.1 The Parties agree that a Person who has entered into a Deed of Adherence in accordance with the provisions of this Deed shall from the date thereof have the benefit of and be subject to the burden of all the provisions of this Deed as if it were a Party to it in the capacity designated in and on the terms set out in the Deed of Adherence (but without prejudice to the continuation inter se of the rights and obligations of the original Parties to this Deed and any other Persons who have entered into such a Deed of Adherence), and this Deed shall be interpreted accordingly. 23.2 The Parties hereby undertake to the other Parties that they will, promptly upon request, enter into a Deed of Adherence as contemplated by clauses 15.4(c) and 16.3 where such issuance or Transfer (as the case may be) is otherwise in accordance with the provisions of this Deed.
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Effect of Deed of Adherence. 19.1 Each Party shall procure so far as it is legally able that, before any third party is registered as a holder of any Shares (a “New Party”), it shall first enter into a Deed of Adherence agreeing to be bound by the terms of this Agreement. On execution of a Deed of Adherence, and provided that the other requirements of this Agreement have been complied with in relation to any Disposal of Shares to it, the New Party (alone or together with other members of its Shareholder Group, to the extent applicable) shall enjoy all rights and benefits and shall be bound by all obligations under this Agreement in all respects as if it were a Party.
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Effect of Deed of Adherence. The parties agree to extend the benefit of this agreement to any person who becomes a member of the Company in accordance with clause 5.1 and the Articles of Association and enters into a Deed of Adherence substantially in the form set out in Schedule 4, but without prejudice to the continuation inter se of the rights and obligations of the original parties to this agreement and any other persons who have entered into such a Deed of Adherence.
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Effect of Deed of Adherence. The parties agree to extend the benefit of this Agreement to any person who acquires Shares in accordance with this Agreement and enters into a Deed of Adherence, but without prejudice to the continuation inter se of the rights and obligations of the original parties to this Agreement and any other persons who have entered into such a Deed of Adherence.
Sample 1
Effect of Deed of Adherence. 23.1 Each of the Parties shall procure so far as it is legally able that, before any third party is registered as a holder of any Ordinary Shares or Preferred Class A Shares or any other Equity Shares in the Company (a “New Party”), it shall first enter into a Deed of Adherence agreeing to be bound by the terms of this Agreement, provided that Clause 8.4 shall apply to the Roll-Up Shareholders. For the avoidance of doubt, no New Party may be registered as a holder of Equity Shares unless and until such New Party has delivered an executed Deed of Adherence to the Company. On execution of a Deed of Adherence, and provided that the other requirements of this Agreement have been complied with in relation to any transfer of Ordinary Shares or Preferred Class A Shares to it, the New Party (alone or together with other members of its Shareholder Group, to the extent applicable) shall enjoy all rights and benefits and shall be bound by all obligations under this Agreement in all respects as if it were a Party. 23.2 A Party’s rights against a New Party pursuant to a Deed of Adherence are conditional on any Party which wishes to benefit from or enforce a Deed of Adherence agreeing that Clauses 47 (Governing Law and Settlement of Disputes), and 48 (Agent for Service of Process) will apply to any Deed of Adherence. Any Party seeking to benefit from or enforce a Deed of Adherence shall be deemed to have accepted such terms.
Sample 1
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Effect of Deed of Adherence. 10.1 Each of the MIP Shareholders shall procure that, if it proposes to transfer any MIP Shares in accordance with Clause 9.1 and the Articles, any third party to whom it proposes to transfer such MIP Shares (a “MIP New Party”), shall first enter into a Deed of Adherence agreeing to be bound by the terms of this Agreement (to the extent that the MIP New Party is not already a Party). On execution of a Deed of Adherence, and provided that the other requirements of this Agreement and the Articles have been complied with in relation to any transfer of MIP Shares to it, the MIP New Party shall enjoy all rights and benefits and shall be bound by all obligations under this Agreement in all respects as if it were a Party. 10.2 A Party’s rights against a MIP New Party pursuant to a Deed of Adherence are conditional on any Party which wishes to benefit from or enforce a Deed of Adherence agreeing that Clauses 26 and 27 will apply to any Deed of Adherence. Any Party seeking to benefit from or enforce a Deed of Adherence shall be deemed to have accepted such terms.
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Effect of Deed of Adherence. 24.1 Each of the Parties shall procure, so far as it is legally able, that, before any third party is registered as a holder of any Shareholder Instruments (a “New Party”), it shall first enter into a Deed of Adherence agreeing to be bound by the terms of this Agreement. On execution of a Deed of Adherence, and provided that the other requirements of this Agreement have been complied with in relation to any transfer of Shareholder Instruments to it, the New Party shall enjoy all rights and benefits and shall be bound by all obligations under this Agreement in all respects as if it were a Party. 24.2 A Party’s rights against a New Party pursuant to a Deed of Adherence are conditional on any Party which wishes to benefit from or enforce a Deed of Adherence agreeing that Clause 46 (Governing Law and Settlement of Disputes) will apply to any Deed of Adherence. Any Party seeking to benefit from or enforce a Deed of Adherence shall be deemed to have accepted such terms.
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Related to Effect of Deed of Adherence

  • Effect of Addendum THIS ADDENDUM AMENDS AND SUPPLEMENTS THE CONTRACT AND, IF APPLICABLE, ESCROW INSTRUCTIONS. IN THE EVENT THERE IS ANY CONFLICT BETWEEN THIS ADDENDUM AND THE CONTRACT OR ESCROW INSTRUCTIONS OR NOTICE OR OTHER DOCUMENTS ATTACHED AND MADE A PART OF THE AGREEMENT, THE TERMS OF THIS ADDENDUM TAKE PRECEDENCE AND SHALL PREVAIL EXCEPT AS OTHERWISE PROVIDED BY LAW.

  • Effect of Decision The decision or award of the arbitrator shall be final and binding upon the University, the UFF, and the grievant, provided that either party may appeal to an appropriate court of law a decision that was rendered by the arbitrator acting outside of or beyond the arbitrator's jurisdiction, pursuant to Section 682.13, Florida Statutes.

  • Effect of Amendment Except as provided in this Amendment, all of the terms and conditions of the Agreement shall remain in full force and effect.

  • Effect of Designation (i) If notice designating an Early Termination Date is given under Section 6(a) or (b), the Early Termination Date will occur on the date so designated, whether or not the relevant Event of Default or Termination Event is then continuing. (ii) Upon the occurrence or effective designation of an Early Termination Date, no further payments or deliveries under Section 2(a)(i) or 2(e) in respect of the Terminated Transactions will be required to be made, but without prejudice to the other provisions of this Agreement. The amount, if any, payable in respect of an Early Termination Date shall be determined pursuant to Section 6(e).

  • Effect of Assignment Subject to the terms and conditions of this Section 9.6, as of the “Effective Date” specified in the applicable Assignment Agreement: (i) the assignee thereunder shall have the rights and obligations of a “Lender” hereunder to the extent such rights and obligations hereunder have been assigned to it pursuant to such Assignment Agreement and shall thereafter be a party hereto and a “Lender” for all purposes hereof; (ii) the assigning Lender thereunder shall, to the extent that rights and obligations hereunder have been assigned thereby pursuant to such Assignment Agreement, relinquish its rights (other than any rights which survive the termination hereof under Section 9.8) and be released from its obligations hereunder (and, in the case of an Assignment Agreement covering all or the remaining portion of an assigning Lender’s rights and obligations hereunder, such Lender shall cease to be a party hereto; provided, anything contained in any of the Credit Documents to the contrary notwithstanding, such assigning Lender shall continue to be entitled to the benefit of all indemnities hereunder as specified herein with respect to matters arising prior to the effective date of such assignment; (iii) the Revolving Commitments shall be modified to reflect the Revolving Commitment of such assignee and any Revolving Commitment of such assigning Lender, if any; and (iv) if any such assignment occurs after the issuance of any Revolving Note hereunder, the assigning Lender shall, upon the effectiveness of such assignment or as promptly thereafter as practicable, surrender its applicable Revolving Loan Notes to Administrative Agent for cancellation, and thereupon Company shall issue and deliver new Revolving Loan Notes, if so requested by the assignee and/or assigning Lender, to such assignee and/or to such assigning Lender, with appropriate insertions, to reflect the new Revolving Commitments and/or outstanding Revolving Loans of the assignee and/or the assigning Lender.

  • Effect of Amendment or Waiver Any such amendment or waiver shall apply equally to all of the holders of the Notes and shall be binding upon them, upon each future holder of any Note and upon the Company, whether or not such Note shall have been marked to indicate such amendment or waiver. No such amendment or waiver shall extend to or affect any obligation not expressly amended or waived or impair any right consequent thereon.

  • Agreement to Governing Law and Jurisdiction Each party agrees to the applicable governing law above without regard to choice or conflicts of law rules, and to the exclusive jurisdiction of the applicable courts above.

  • Effect of Agreement Nothing herein contained shall be deemed to require to the Trust to take any action contrary to its Declaration of Trust or its By-Laws or any applicable law, regulation or order to which it is subject or by which it is bound, or to relieve or deprive the Trustees of the Trust of their responsibility for and control of the conduct of the business and affairs of the Trust.

  • Effect of Waiver No consent or waiver, express or implied, by Lender to or for any breach of or deviation from any covenant or condition by Borrower shall be deemed a consent to or waiver of any other breach of the same or any other covenant, condition or duty.

  • Effect of Amendment and Restatement It is the intent of the parties hereto that this Agreement shall, as of the date hereof, replace in its entirety the Original Trust Agreement; provided, however, that with respect to the period of time from January 20, 2021 through the date hereof, the rights and obligations of the parties shall be governed by the Original Trust Agreement; and provided further, that the amendment and restatement of the Original Trust Agreement shall not affect any of the grants, conveyances or transfers contemplated by the Original Trust Agreement to have occurred prior to the date hereof.

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