Common use of Joinder of New Guarantors Clause in Contracts

Joinder of New Guarantors. In the event any Issuer shall form an Additional Guarantor pursuant to Section 8.34 of the Base Indenture, such Additional Guarantor shall execute and deliver to the Manager and the Trustee (i) a Joinder Agreement substantially in the form of Exhibit B and (ii) Power of Attorney in the form of Exhibit A, and such new Guarantor shall thereafter for all purposes be a party hereto and have the same rights, benefits and obligations as a Guarantor party hereto on the Closing Date.

Appears in 4 contracts

Samples: Management Agreement (Twin Hospitality Group Inc.), Management Agreement (Fat Brands, Inc), Management Agreement (Fat Brands, Inc)

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