Examples of Instrument of Assumption and Joinder in a sentence
Upon the due execution and delivery of any Instrument of Assumption and Joinder to the Collateral Agent, notice of which is hereby waived by the Grantors, each such Additional Grantor shall be deemed a Grantor hereunder and shall be as fully a party hereto as if such Additional Grantor were an original signatory hereto.
Any Affiliate of the Company may become a party hereto as an additional Grantor (each such Affiliate of the Company, an “Additional Grantor”) by executing and delivering an Instrument of Assumption and Joinder along with supplements to the Exhibits to this Security Agreement necessary to reflect additional Collateral provided by the Additional Grantor.
Each Person that becomes a Credit Party after the date hereof shall become a party to this Agreement upon execution and delivery by such Person of an Instrument of Assumption and Joinder in the form of Exhibit K to the Existing First Priority Agreement.
Each Grantor acknowledges that, pursuant to Section 5.14 of the Credit Agreement, the Borrower may elect to cause additional Subsidiaries to become a party hereto as an additional Grantor (each such Person, an “Additional Grantor”) by executing an Instrument of Assumption and Joinder (a “Joinder”) substantially in the form of Exhibit E to the Credit Agreement.
Each Person that becomes a Loan Party after the date hereof shall become a party to this Agreement upon execution and delivery by such Person of an Instrument of Assumption and Joinder substantially in the form of Exhibit L to the First Priority Agreement.