Acceding Parties definition
Examples of Acceding Parties in a sentence
From the successful passing of the New Reliability Acceptance Test, in accordance with the provisions of Schedule 6 to this Amendment Agreement, the Service shall be supplied by the Contractor to ECMWF, ECMWF Countries and all Acceding Parties in accordance with the New Service Description, the New Service Level Agreement and the New Service Particulars, as contained in Schedules 2, 3 and 4.
Each of US AcquiCo and German BidCo and, from and after their respective dates of accession to this Agreement, each of the Acceding Parties hereby acknowledges (on behalf of itself and the other members of the Company Group) that CD&R’s services are not exclusive to the Company Group and that CD&R will render similar services to other persons and entities.
This Deed, other than Clauses 1, 2, 6 to 17 (other than Clause 10.1) (“Immediately Effective Clauses”), shall become enforceable and effective on and from the date on which the Series K1 CCPS are issued and allotted to Acceding Parties in accordance with the SSPA (“SSPA Closing”).
On satisfaction or waiver of the conditions precedent specified in Clause 3.1 (Agreement of the Lenders and the other Finance Parties), the Effective Date Notice shall be completed and signed by the Facility Agent and the Facility Agent shall provide a copy of the Effective Date Notice to the Original Borrower, the Owner Guarantors, the Parent Guarantor, the Shareholder, the Acceding Parties and the Lenders.
The Acceding Parties hereby covenant that each of them shall assume, fulfill and discharge all obligations attached to the Series K1 CCPS and that they shall observe, perform and be bound by and comply with all the terms of the Articles (as may be modified or amended from time to time) and the Shareholders’ Agreement, as are applicable to it as by virtue of being an ‘Investor’ under the Shareholders’ Agreement, and a Shareholder of the Company.
INTERPRETATION 1.1 In this Supplemental Agreement: "Acceding Parties" means the Acceding Borrowers, the Acceding Bank and the Acceding Swap Providers and "Acceding Party" means any one of them.
The Acceding Parties each agree to be bound by the terms of the Amended and Restated Facility Agreement as a Borrower in respect of the Additional Borrower or a Guarantor in respect of the Ultimate Parent Guarantor, and by signing this Deed each of the Acceding Parties undertakes to perform all liabilities and to make all payments and to comply with all other obligations under the Amended and Restated Facility Agreement as if named as a party to it as a Borrower or Guarantor (as relevant).
Each of Parent, HoldCo 1, German BidCo and US AcquiCo and each of the Acceding Parties (following the accession by such Acceding Party to this Agreement pursuant to Section 7), jointly and severally agrees to, and to cause each of its respective Subsidiaries to, perform its obligations under this Agreement.
Each of US AcquiCo and German BidCo and, from and after their respective dates of accession to this Agreement, each of the Acceding Parties hereby agrees (on behalf of itself and the other members of the Company Group) that the obligations of US AcquiCo and German BidCo under this Section 4 shall, subject to compliance with applicable law, be borne jointly and severally by German Bidco, US AcquiCo and each other member of the Company Group.
Upon any such requirement, Parent shall, as promptly as practicable, cause each of the Acceding Parties to become a party to this Agreement by signing the Accession Letter Agreement attached hereto as Exhibit A.