Joinder of UWN Sample Clauses
The "Joinder of UWN" clause establishes the process by which a new party, referred to as UWN, can formally become a party to an existing agreement. Typically, this involves UWN agreeing in writing to be bound by the terms and conditions of the original contract, often through the execution of a joinder agreement or similar document. This clause ensures that all parties are legally recognized and bound by the same obligations, thereby maintaining the integrity of the agreement and preventing disputes about the rights and responsibilities of newly added parties.
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Joinder of UWN. UWN joins in the execution of this Agreement for the purposes of: (i) evidencing its consent to the terms, covenants, provisions and conditions herein contained; (ii) evidencing its agreement to issue the UWN Seller Shares as a part of the Purchase Price as provided in Section 3.1; and (iii) evidencing its agreement to and does hereby guaranty the full and prompt payment and performance of all promises, obligations, covenants, representations and warranties of the Buyer as herein contained, as contained in the Closing Documentation and under the Adjacent Site Lease.