ADDITIONAL PARTIES TO THIS AGREEMENT Clause Samples
The "Additional Parties to This Agreement" clause defines the process and conditions under which new parties may be added to an existing contract. Typically, this clause outlines the requirements for consent from the original parties, the execution of a joinder or similar document, and the rights and obligations that will apply to the new parties. By establishing a clear mechanism for including additional participants, the clause ensures that the agreement can adapt to changing circumstances while maintaining legal clarity and consistency among all signatories.
ADDITIONAL PARTIES TO THIS AGREEMENT. An Aboriginal Government that is not a Party may, with the consent of the GNWT, become a Party by having an authorized signatory execute this Agreement on behalf of that Aboriginal Government, and upon the signing of this Agreement by its authorized representative this Agreement is deemed approved by and binding upon that Aboriginal Government.
ADDITIONAL PARTIES TO THIS AGREEMENT. Except for Permitted Transferees of a Management Stockholder who become a party hereto by executing and delivering to the Company an instrument in the form of Exhibit B hereto or otherwise reasonably satisfactory to the Company, no additional Persons shall become a party hereto.
ADDITIONAL PARTIES TO THIS AGREEMENT. Any Existing Creditor or New Creditor that wishes to become a party to this Agreement subsequent to the Effective Date can become a party hereto (an “Additional Creditor”), by executing and delivering an Additional Creditor Joinder in substantially the form of Schedule I attached hereto and shall comply with the provisions hereof applicable to the Creditors.
ADDITIONAL PARTIES TO THIS AGREEMENT. In the event any additional parties become shareholders in the Corporation, whether as a result of purchasing shares from the Corporation or from shareholders, or both, or through a permitted transfer of shares from current or future shareholders, each new shareholder, as a condition to the purchase of shares, shall enter into an Addendum to this Agreement in which he or she agrees to be bound by all provisions hereof. Each new shareholder who executes and delivers such an Addendum shall be entitled to all rights and benefits hereunder, and bound by the obligations hereunder, to the same extent as if he or she had been an original party to this Agreement. Each of the shareholders agrees to execute and deliver an Addendum to this Agreement with any new shareholder, so long as the new shareholder is treated consistently with other parties to this Agreement, based on the number of shares held by each.
ADDITIONAL PARTIES TO THIS AGREEMENT. The Parties acknowledge and agree that additional parties may be added to this Agreement by the unanimous consent of the Parties by having such parties enter into an acknowledgement to this Agreement (the “Acknowledgement”). Each Acknowledgement will set forth for such Party: (A) the information required by Section 11 hereof (Notices); and (B) if required, a fiscal officer’s certificate pursuant to Sections 5705.41 and 5705.44 of the Ohio Revised Code. Each such additional party will be deemed to be a Party under this Agreement.