Participants Bound Sample Clauses
The "Participants Bound" clause establishes that all individuals or entities participating in an agreement or activity are legally obligated to adhere to its terms and conditions. This clause typically applies to all parties who are directly involved, such as signatories, members, or attendees, and may extend to representatives or affiliates depending on the context. Its core practical function is to ensure that everyone involved is clearly subject to the same rules and responsibilities, thereby preventing disputes over who is bound by the agreement and promoting uniform compliance.
Participants Bound. The Company undertakes with each of the Participants to be bound by and comply with the terms and conditions of this Agreement insofar as they relate to the Company.
Participants Bound. 50 25. Costs..................................................................50
Participants Bound. Any action with respect to the Plan taken by the Plan Administrator or the Employer or the Trustee or any action authorized by or taken at the direction of the Plan Administrator, the Employer or the Trustee shall be conclusive upon all Participants and beneficiaries entitled to benefits under the Plan.
Participants Bound. Without prejudice to any provision of this Agreement requiring a Special Resolution, Supermajority Resolution or unanimous resolution of the Management Committee and without conferring on the Management Committee power to amend this Agreement or to pass any resolution (whether or not a Special Resolution or a Supermajority Resolution) which is inconsistent with this Agreement, each Participant hereby acknowledges and declares that:
(a) each of the members of the Management Committee appointed by it will have full power to bind the Participant in relation to all matters which are within the power, authority or discretion of the Management Committee or are by this Agreement matters to be determined by resolution of the Management Committee; and
(b) it will be bound by each valid resolution of the Management Committee (but if a condition is attached to any such resolution, upon that condition being satisfied) whether or not the members of the Management Committee appointed by it have attended the relevant meeting or have voted in favour of the resolution concerned.
Participants Bound. This Agreement shall be binding upon the Participants and their respective successors and permitted assigns.
Participants Bound. Any action with respect to this Plan taken by the Committee or by the Company, or any action authorized by or taken at the direction of the Committee or the Company, shall be conclusive upon all Participants, Beneficiaries and Contingent Annuitants entitled to benefits under the Plan.
Participants Bound. Without prejudice to any provision of the Agreement requiring a Unanimous Resolution and without conferring on the Management Committee power to amend the Agreement or to pass any resolution (whether or not a Unanimous Resolution) which is inconsistent with the Agreement, each Participant hereby acknowledges and declares that:
(1) each of the members of the Management Committee appointed by it will have full power to bind the Participant in relation to all matters which are within the power, authority or discretion of the Management Committee or are by the Agreement matters to be determined by resolution of the Management Committee; and
(2) it will be bound by each resolution of the Management Committee (but if a condition is attached to any such resolution, upon that condition being satisfied) whether or not the members of the Management Committee appointed by it have attended the relevant meeting or have voted in favour of the resolution concerned.
Participants Bound. Any action with respect to the Plan taken by the Committee or the Company or the Trustee or any action authorized by or taken at the direction of the Committee, the Company or the Trustees shall be final, binding and conclusive upon all Participants and beneficiaries entitled to benefits under the Plan in the absence of clear and convincing evidence that the Committee, Company or Trustee acted arbitrarily and capriciously.
Participants Bound. Any action with respect to the Plan taken by the Plan Administrator or a trustee (if any), or any action authorized by or taken at the direction of the Plan Administrator or a trustee (if any), shall be conclusive upon all Participants and Beneficiaries entitled to benefits under the Plan.