Actions by Holder Clause Samples
The "Actions by Holder" clause defines the rights and responsibilities of the party designated as the holder under the agreement. It typically outlines what actions the holder is authorized or required to take, such as providing notices, making decisions, or exercising certain options on behalf of themselves or others. For example, the holder may be empowered to approve amendments, enforce rights, or initiate claims. This clause ensures clarity regarding who has authority to act and under what circumstances, thereby preventing disputes and streamlining the administration of the agreement.
Actions by Holder. The Holder shall, at their cost and expense., complete, execute and deliver all questionnaires, power of attorney, undertakings and other documents and instruments, and take all such other actions, as are from time to time reasonably requested by the Company.
Actions by Holder. Any forbearance by Holder in exercising any right or remedy under this Note, the Existing Note, the Deeds of Trust, the Loan Agreement, or any other Loan Document or otherwise afforded by applicable law shall not be a waiver of or preclude the exercise of that or any other right or remedy. The acceptance by Holder of any payment after the due date of such payment or in an amount which is less than the required payment shall not be a waiver of Holder's right to require prompt payment when due of all other payments or to exercise any right or remedy with respect to any failure to make prompt payment. Enforcement by Holder of any security for Maker's obligations under this Note shall not constitute any election by ▇▇▇▇▇▇ of remedies so as to preclude the exercise of any other right or remedy available to Holder.
Actions by Holder. Each Holder will take all necessary or desirable actions in connection with the consummation of any Approved Sale.
Actions by Holder. Holder agrees to assist in:
1.01 The preparation and filing with the Securities and Exchange Commission of a registration statement on Form 10-SB for the common stock of the Company;
1.02 The location and review of potential target companies for a Business Combination and the introduction of potential candidates to the Company;
1.03 The preparation and filing with the Securities and Exchange Commission of all required filings under the Securities Exchange Act of 1934 until the Company enters into a Business Combination;