Developer Changes. The Parties acknowledge that there may be changes to the Developers from time to time in respect of the Development. Any proposal to accept an additional Developer shall be discussed and decided upon by the Developers for the time being. A Deed of Adherence shall be executed by any additional Developer agreed upon as a new Developer and Party to this Agreement and by the Council on behalf of itself and of all existing Parties to this Agreement. Each Party confirms the irrevocable authority of the Council to execute a Deed of Adherence on its behalf. Upon so entering into a Deed of Adherence that organisation or person (as the case may be) shall be deemed to be a party to this Agreement.
Appears in 2 contracts
Sources: Deed of Agreement, Deed of Agreement