Deed of Ratification and Accession definition
Examples of Deed of Ratification and Accession in a sentence
Subject to Clause 11.1, no Share transfer or issue of Shares shall be registered by the Company unless such Deed of Ratification and Accession has been so delivered.
According to the 2005 Stillaguamish Watershed Chinook Recovery Plan (SWCRP), restoration of sediment regimes is listed as one of the 10-year habitat restoration projects.
All providers participating in the Child and Adult Care Food Program (CACFP) must submit the enrollment renewal forms to ECCI in the month of September (September 1 – September 30) of each year.
Subject to and upon Completion, LSD (or its nominee), as the buyer of the Sale Sales, will execute the Deed of Ratification and Accession under which LSD (or its nominee) agrees to be bound by, and shall be entitled to the benefit of, the Shareholders’ Agreement, as if an original party thereto in place of the Seller.
For the avoidance of doubt, in the event any Shareholder transfers its Shares on terms agreed by the Parties in writing, the transferee shall, upon execution of the Deed of Ratification and Accession, be entitled to all of the transferring Shareholder’s rights and benefits under this Agreement, which are not, for the avoidance of doubt, personal or specific to the transferring Shareholder.
Other than in respect of the Deed of Ratification and Accession, the REIT Manager has no current plans to enter into any new transactions in respect of the Target Property on or after Completion which would fall within the scope of the 2016 Extended Waiver.
To effect this, the Target Subsidiary, the REIT Manager and the Property Manager will enter into the Deed of Ratification and Accession at Completion, which will bind the Property Manager to manage the Target Property pursuant to and in accordance with the terms of the Property Management Agreement.
The current annual caps in respect of the Property Management Transactions can presently accommodate the payment of fees to the Property Manager under the Deed of Ratification and Accession, although the REIT Manager considers the remaining buffer going forward to be insufficient.
Accordingly, the Target Subsidiary, the REIT Manager and the Property Manager will enter into the Deed of Ratification and Accession at Completion.
As the Property Manager is a Connected Person of Prosperity REIT, the arrangements under the Deed of Ratification and Accession (as more particularly described in section 6.4.2 of this announcement headed “Expenditure Transactions”) will constitute a continuing connected party transaction falling within the scope of the 2016 Extended Waiver.