Common use of Deemed Agreement Clause in Contracts

Deemed Agreement. Any Person who acquires in any manner whatsoever any interest in any Membership Interests or other interest in NGR Management, irrespective of whether such Person has accepted and adopted in writing the terms and provisions of this Agreement, shall be deemed by the acceptance of the benefits of the acquisition thereof or the benefits of any Equity Agreement or Employment Agreement, to have agreed to be subject to and bound by all of the terms and conditions of this Agreement or any such Equity Agreement or Employment Agreement that the Transferor of such Membership Interests or other interest in NGR Management was subject to or by which such Transferor was bound.