Effect of Joinder Sample Clauses
The "Effect of Joinder" clause defines the legal consequences and changes that occur when a new party is formally added to an existing agreement. Typically, this clause specifies that the joined party assumes the same rights and obligations as the original parties, and may outline any specific terms or limitations that apply to the new participant. By clarifying the impact of adding new parties, this clause ensures all parties understand their roles and responsibilities, thereby maintaining the integrity and enforceability of the agreement as it evolves.
Effect of Joinder. By signing a joinder to this Agreement, each New Member Agency agrees to all of the terms of this Agreement and covenants to take all steps necessary to meet all of its obligations to CIWW, and to enable CIWW to meet is bond obligations under Article XVII.
Effect of Joinder. Each of SynCardia, Distributor and Sub-Distributor acknowledge and agree that all of the terms, provisions, covenants and conditions of the Agreement shall hereafter continue in full force and effect in accordance with the terms thereof, except to the extent expressly set forth herein
Effect of Joinder. Pursuant to Section 6.18(c) of the Merger Agreement, upon the execution of this Amendment by the parties hereto, the representations and warranties in the Merger Agreement that are expressed to be given by or in relation to Merger Sub and the covenants and agreements of Merger Sub in the Merger Agreement shall immediately become effective as of the date of this Amendment. Except as expressly amended hereby, the Merger Agreement is in all respects ratified and confirmed and all the terms, conditions, and provisions thereof shall remain in full force and effect.
Effect of Joinder. (a) Except as expressly supplemented hereby, each of the Credit Agreement and the other Loan Documents shall remain in full force and effect, and, except as expressly supplemented hereby, this Joinder shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document.
(b) This Joinder shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. On and after the date hereof, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import shall refer to the Credit Agreement as supplemented by this Joinder, and each reference in any other Loan Document to “the Credit Agreement” shall refer to the Credit Agreement as supplemented by this Joinder.
Effect of Joinder. The parties hereto agree as follows:
(a) This Joinder Agreement shall not constitute an amendment or waiver of or consent to any provision of the Credit Agreement or any other Loan Document not expressly referred to herein and shall not be construed as an amendment, waiver or consent to any action on the part of Seagate plc, Holdings or the Borrower that would require an amendment, waiver or consent of the Administrative Agent or any Lender under any of the Loan Documents except as expressly stated herein. Except as expressly amended hereby the provisions of the Credit Agreement and the Loan Documents shall remain unchanged and shall continue to be, and shall remain, in full force and effect in accordance with their respective terms.
(b) This Joinder Agreement, executed pursuant to the Credit Agreement, shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents and shall be construed, administered and applied in accordance with all of the terms and provisions of the Credit Agreement.
Effect of Joinder. By executing and delivering this Agreement, effective upon the Closing (as is defined in the Purchase Agreement), Joining Parties hereby agree to become parties to, to be bound by, and to assume, jointly and severally as between themselves and with Selling Parties, the obligations of Selling Parties under the Purchase Agreement in the same manner as if Joining Parties were an original signatories to the Purchase Agreement individually, solely relating to the representations and warranties of Selling Parties as set forth therein.
Effect of Joinder.
(a) Except as specifically amended herein, the Guaranty, and all other documents, instruments and agreements executed and/or delivered in connection therewith, shall remain in full force and effect, and are hereby ratified and confirmed.
(b) The execution, delivery and effectiveness of this Joinder shall not operate as a waiver of any right, power or remedy of Agent or any Lender, nor constitute a waiver of any provision of the Guaranty, or any other documents, instruments or agreements executed and/or delivered under or in connection therewith.
Effect of Joinder. 5.1. Except as expressly set forth herein, this Joinder shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders and the Administrative Agent under the Credit Agreement or any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or of any other Loan Document, all of which are hereby ratified and affirmed in all respects and shall continue in full force and effect. Nothing herein shall be deemed to entitle Borrower to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or different circumstances.
5.2. Borrower, on behalf of itself and each Loan Party, hereby (a) acknowledges and consents to this Joinder; (b) ratifies and confirms all of its respective obligations and liabilities under the Loan Documents to which it is a party and ratifies and confirms that such obligations and liabilities remain in full force and effect and extend to and continue in effect with respect to, and continue to guarantee and secure, as applicable, the obligations of Borrower under the Credit Agreement, as amended by this Joinder; and (c) acknowledges and confirms that the liens and security interests granted by it pursuant to the Security Documents to which it is a party are and continue to be valid and perfected (if and to the extent required to be perfected under the Security Documents to which it is a party) liens and security interests in the Collateral (subject only to Liens permitted under the Loan Documents) that secure all of the obligations of such Guarantor under the Loan Documents to which it is a party to the same extent that such liens and security interests in the Collateral were valid and perfected (if and to the extent required to be perfected under the Security Documents to which it is a party) immediately prior to giving effect to the execution and delivery of this Joinder.
5.3. On and after the Joinder Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import, and each reference to the Credit Agreement in any other Loan Document shall be deemed a reference to the Credit Agreement as amended hereby.
5.4. This Joinder shall constitute ...
Effect of Joinder. (a) Except as expressly supplemented hereby, each of the Credit Agreement and the U.S. Collateral Agreement shall remain in full force and effect, and, except as expressly supplemented hereby, this Joinder shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, the U.S. Collateral Agreement or any other Loan Document.
(b) This Joinder shall constitute a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents. On and after the date hereof, (i) each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import shall refer to the Credit Agreement as supplemented by this Joinder, and each reference in any other Loan Document to “the Credit Agreement” shall refer to the Credit Agreement as supplemented by this Joinder and (ii) each reference in the U.S. Collateral Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import shall refer to the U.S. Collateral Agreement as supplemented by this Joinder, and each reference in any other Loan Document to “the U.S. Collateral Agreement” shall refer to the U.S. Collateral Agreement as supplemented by this Joinder.
(c) The parties hereto agree that this Joinder shall constitute a notice of the change in Holdings’ organizational name and form of organization for purposes of Section 5.10(f) of the Credit Agreement.
Effect of Joinder. (a) Except as specifically amended herein, the Financing Agreement, and all other documents, instruments and agreements executed and/or delivered in connection therewith, shall remain in full force and effect, and are hereby ratified and confirmed.
(b) The execution, delivery and effectiveness of this Joinder shall not operate as a waiver of any right, power or remedy of Agent or any Lender or the Term Lender, nor constitute a waiver of any provision of the Financing Agreement, or any other documents, instruments or agreements executed and/or delivered under or in connection therewith.
