Intervening Party Clause Samples
The Intervening Party clause defines the rights and obligations of a third party who becomes involved in an agreement or legal proceeding between the original parties. Typically, this clause outlines the circumstances under which a third party may join, the scope of their participation, and any limitations on their involvement. For example, an Intervening Party might be allowed to assert claims or defend interests that are affected by the outcome of the contract or dispute. The core function of this clause is to provide a clear framework for third-party participation, ensuring that all parties understand how such involvement is managed and reducing the risk of procedural confusion or disputes over standing.
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Intervening Party. 13.1. The Company enters into this Agreement in the capacity of intervening party, expressly consenting to all of its terms, including the arbitration clause set forth in Section 12, also undertaking to: (i) respect, fulfill and ensure compliance with all provisions of this Agreement, in accordance with any applicable Law, and (ii) refrain from registering, enforcing or acting in any manner that results from acts or omissions which breach the provisions of this Agreement.
Intervening Party. The Sugar and Ethanol Co is intervening party to this Agreement and shall (a) observe, enforce and be bound by its provisions (including the arbitration provisions set forth in Section 11.08, in accordance with any applicable laws (including the Brazilian Corporation Law), and (b) refrain from registering, enforcing or acting in any other manner whatsoever in connection with any actions or omissions in breach of this Agreement or any applicable laws (including the Brazilian Corporation Law).
Intervening Party. The Downstream Co is intervening party to this Agreement and shall (a) observe, enforce and be bound by its provisions (including the arbitration provisions set forth in Section 11.08, in accordance with any applicable laws (including the Brazilian Corporation Law)), and (b) refrain from registering, enforcing or acting in any other manner whatsoever in connection with any actions or omissions in breach of this Agreement or any applicable laws (including the Brazilian Corporation Law).
Intervening Party. The Company executes this Agreement in the capacity of consenting and intervening party, hereby becoming aware of and agreeing with all its terms and committing to comply with all its provisions.
Intervening Party. RPI, upon executing this Shareholders’ Agreement on this date or at a later date, agrees with all of its clauses and conditions, and shall be bound to uphold them and effectively comply with them.
Intervening Party. JADI signs this Agreement in the capacity of guarantor of the Sellers being jointly and severally responsible for any and all obligations assumed by the Sellers under this Agreement and any other agreement mentioned herein, including, without, limitation, the obligation of the transfer of the Quotas and the fulfillment of any and all of the acts necessary to be done or executed by the Sellers in order to complete the transfer of the Quotas, renouncing any and all benefits that JADI may have specially the benefits of order, division and enforceability established under Brazilian Law.
Intervening Party. Ultra signs this Agreement as an intervening party, acknowledging all its terms and conditions and as a legal successor of the New Controlling Shareholder in all its rights and obligations hereunder, as from the date the Shares are transferred from New Controlling Shareholder to Ultra (or to any other third party) up to the date such rights and obligations cease to exist.
Intervening Party. If the Influencer is a corporation or other entity, the individual who owns or controls the entity (the “Intervening Party”) personally guarantees all obligations and makes all representations and warranties under this Agreement as if they were a party to it. Moreover, whenever this Agreement refers to obligations, actions, or representations that obviously pertain to a human, such as those involving personal services, likeness, image, name, or conduct, it is understood that these provisions apply directly to the Intervening Party, who shall fulfill these obligations personally.
Intervening Party. The Company is intervening party to this Agreement and shall (a) observe, enforce and be bound by its provisions (including the arbitration provisions set forth in Section 11.08, in accordance with any applicable laws (including the Brazilian Corporation Law)), and (b) refrain from registering, enforcing or acting in any other manner whatsoever in connection with any actions or omissions in breach of this Agreement or any applicable laws (including the Brazilian Corporation Law).
Intervening Party. The Companies, as Intervening Parties, declare that they fully acknowledge the Agreement and agree with all its terms and conditions, as well as with all obligations undertaken under such Agreement, thus being bound to them.