Existing Participants definition
Examples of Existing Participants in a sentence
The Existing Participants are the present Parties to a joint committee and shared service arrangement for the discharge of certain procurement functions dated [date] (the “Joint Arrangements Agreement”).
Existing Participants must use the Fidelity telephone exchange in Section Four to make investment changes.
The Existing Participants are the present Parties to a joint committee and shared service arrangement (the “Second Joint Arrangements Agreement” or “Arrangements Agreement”) for the discharge of certain procurement functions as was executed by them on various dates in 2019, which jointly commenced at 00:01 hours on 1 September 2019.
Notwithstanding the provisions of clause 17 of the Operating Agreement, each of the Existing Participants hereby consents to the assignment to Antrim provided for in clause 3.1 and each of them waives the operation of clause 17 of the Operating Agreement in respect of such assignment.
All stamp duty payable on this Deed and any instrument executed pursuant hereto shall be borne by Antrim which shall indemnify and keep indemnified the Existing Participants against all and any claims and all liability for stamp duty.
Each of the Existing Participants covenants with Antrim with effect from the Effective Date to be bound by, observe and perform its obligations under the Operating Agreement and any other Joint Venture Documents to the extent of its Participating Interest in PEP38716 and the PEP38716 Joint Venture as set out in clause 3.2.