Joining Parties Clause Samples
The Joining Parties clause establishes the conditions under which additional parties may become bound by the terms of an existing agreement. Typically, this clause outlines the process for new parties to formally join, such as requiring them to sign a deed of accession or similar document, and may specify any approvals or notifications needed from the original parties. Its core practical function is to provide a clear and orderly mechanism for expanding the agreement’s scope to include new participants, thereby ensuring all parties are subject to the same rights and obligations and reducing the risk of disputes over membership or enforceability.
Joining Parties. 5.5.1. For the purpose of procuring additional com- petence as well as financial and intellectual contribu- tions to the Project the Parties may suggest potential Joining Parties to the Project, as both Primary Parties and Supporting Parties. Should a new party be proposed to join the Project, such initial proposition shall be con- sidered by the Project Board at a meeting.
5.5.2. The initial proposition, which shall include a brief report on the Joining Party as well as if such party is proposed as Primary Party or Supporting Party, must have been submitted with the notice and the agenda pri- or to the Project Board meeting or else the Project Board shall not be competent to make a decision.
5.5.3. Should the Project Board decide in fa-vour of the initial proposition, the Managing Party shall be as- signed to lead the discussions and negotiations with the Joining Party.
5.5.4. For the sole purpose of the facilitating the dis- cussions and negotiations, the Managing Party shall be permitted to disclose Confidential Information to the Joining Party. Prior to such disclosure, the Joining Party shall have signed a confidentiality agreement pertaining to such information, not less strict than the provisions contained in this Agreement, and the disclosure shall be as limited as possible.
5.5.5. After having finalized the negotiations, the Managing Party shall present a final proposition for the accession of the Joining Party at a meeting of the Project Board. The final proposition, which shall include a re- port on the terms and conditions of the accession of the Joining Party, must have been submitted with the notice and the agenda prior to the Board meeting or else the Project Board shall not be competent to make a decision.
5.5.6. Should any one of the Primary Parties, at the ini- tial or the final proposition, object to the proposed Joining Party on the grounds that such party is a competitor of the Primary Party in areas relevant to the research theme of the Project, or that the accession of the proposed Joining Party would otherwise affect the Primary Party adversely, the Project Board shall decide against the proposition.
5.5.7. Should any one of the Supporting Parties ob- ject to the proposed Joining Party such Supporting Party shall be given reasonable time to withdraw from the Pro- ject prior to the accession of the Joining Party and on the terms of Section 12.5.
5.5.8. Should the Joining Party be accepted by the Pri- ▇▇▇▇ Parties, the Joining Party s...
Joining Parties. It is hereby agreed that any New Investor (as defined in the Series B Share Purchase Agreement) participating in the Second Closing of the Series B Share Purchase Agreement shall become a party to this Agreement, and a “Shareholder” for all intents and purposes hereunder, by singing the Joinder Agreement attached as Exhibit 3.4 of the Series B Share Purchase Agreement.
Joining Parties s/ ▇▇▇▇ ▇▇▇▇▇▇▇ (Signature) ▇▇▇▇ ▇▇▇▇▇▇▇ (Print Name) April 16, 2012 (Date) /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇ (Signature) ▇▇▇▇▇▇ ▇▇▇▇▇▇-▇▇▇▇ (Print Name) April 16, 2012 (Date)
Joining Parties. Peninsula Ventures Principals, L.P. /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (Signature) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (Print Name) Managing Director (Print title if signing on behalf of an entity) 04/16/12 (Date) Peninsula Technology Ventures, L.P. /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (Signature) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ (Print Name) Managing Director (Print title if signing on behalf of an entity) 04/16/12 (Date)
Joining Parties. Éxito, CE and the Brazilian Managers shall each have become a Joining Party.
Joining Parties s/ ▇▇▇ ▇. ▇▇▇▇▇ (Signature) ▇▇▇ ▇. ▇▇▇▇▇ (Print Name) President, MCP Global Corp. LTD (Print title if signing on behalf of an entity) April 16, 2012 (Date) The ▇▇▇▇▇ Grandchildren Trust /s/ ▇▇▇ ▇. ▇▇▇▇▇ (Signature) ▇▇▇ ▇. ▇▇▇▇▇ (Print Name) Trustee (Print title if signing on behalf of an entity) April 16, 2012 (Date) /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (Signature) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ (Print Name) April 16, 2012 (Date)
Joining Parties s/ ▇▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇ ▇. ▇▇▇ (Signature) ▇▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇ ▇. ▇▇▇ (Print Name) April 16, 2012 (Date) /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ (Signature) ▇▇▇▇ ▇▇▇▇▇▇▇▇ (Print Name) April 16, 2012 (Date) /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ (Signature) The ▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇ Family Trust Dated August 10, 2007 (Print Name) Trustee (Print title if signing on behalf of an entity) April 16, 2012 (Date)
Joining Parties. Any Person signing a joinder agreement to this Agreement in the form annexed hereto as Schedule 13.1 (a “Joining Party”) agrees to be bound severally but not jointly by all the terms of this Agreement (including any obligations contained herein) applicable to such Joining Party. CGP is hereby authorized by each Party, with the power of substitution, to countersign any such joinder agreement for acceptance on behalf of all Parties.
Joining Parties s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Signature) ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Print Name) Hummer Winblad Equity Partners VI Managing Director (Print title if signing on behalf of an entity) 04/16/2012 (Date) The Board of Trustees of the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Junior University (DAPER I) /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (Signature) ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (Print Name) Managing Director — Separate Investments (Print title if signing on behalf of an entity) April 16, 2012 (Date)
Joining Parties. Each of the Administrative Agent, the Series Enhancer and the Indenture Trustee have joined this Agreement solely for the purpose of enforcing the provisions of this Agreement against the parties hereto; and, as such, shall have full power and authority to enforce this Agreement against such parties.