AGREEMENT TO BE Clause Samples

AGREEMENT TO BE. Pari Passu with Trade Debt. Upon any dissolution, winding up, liquidation, reorganization (under bankruptcy law) or insolvency of the Grantor (whether (a) in bankruptcy, insolvency or receivership proceedings or upon an assignment for the benefit of creditors, (b) upon the assets of the Grantor becoming less than its liabilities, (c) in the event that the Grantor is unable to pay its debts when they become due or (d) any other dissolution, winding up or liquidation of the Grantor) (a "Triggering Event"), the Subordinated Secured Parties agree that from and after the date the Subordinated Secured Parties are notified that a Triggering Event has occurred, the holders of the Trade Debt shall be pari passu in right of payment and shall be entitled to share the proceeds of the Collateral pro rata based on the aggregate principal amount of the Trade Debt then outstanding, the interest thereon and any other amounts due thereon and the aggregate amount of Secured Obligations then outstanding.

AGREEMENT TO BE. Bound Upon Transfer; Transfers in Compliance with Laws. No transfer of Shares may be made by any Shareholder unless (a) the transferee has agreed in writing to be bound by the terms and conditions of this Agreement pursuant to a deed of adherence substantially in the form attached hereto as Annexure 4, (b) such transfer complies in all respects with any applicable provisions of this Agreement, and (c) such transfer complies in all respects with any applicable Laws. If requested by the Company, a legal opinion from counsel to such transferring Shareholder shall be supplied to the Company, at such transferring Shareholder’s expense, to the effect that such transfer complies with all applicable Laws. Any transfer of Shares in violation of this Section 2 shall be null and void ab initio. 13

AGREEMENT TO BE. Bound By Terms and Conditions. By using this Internet website (the “Site”) in any way, you agree to, and shall be bound by, these terms and conditions of use. RENEW Plastics LLC and its affiliates and subsidiaries hereby expressly reserves the right, in its sole discretion, to change, modify or otherwise alter these terms and conditions of use at any time without prior notice. Any such change(s) shall immediately become effective upon posting to the Site. Use of the Site shall at all times be subject to the most current version of these terms and conditions of use, together with such other rules and guidelines as may be posted to the Site from time to time. Users should periodically check the Site to view the then-current terms and conditions of use. If you do not agree to these terms, please do not use this Site.

AGREEMENT TO BE. LEGALLY BOUND BY THE TERMS AND CONDITIONS By submitting your receipts and a reward request in connection with this Program (defined below in Section 2), you are signifying your agreement that you have read and agree to be legally bound by these Terms and Conditions (the “Terms and Conditions”).