Common use of Actions of the Company Agent Clause in Contracts

Actions of the Company Agent. A decision, act, consent or instruction of the Company Agent shall constitute a decision of all Company shareholders for whom Exchangeable Shares otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such Company shareholder, and the Escrow Agent and Parent may rely upon any decision, act, consent or instruction of the Company Agent as being the decision, act, consent or instruction of each and every such Company shareholder. The Escrow Agent and Parent are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Company Agent.

Appears in 2 contracts

Samples: Acquisition Agreement (Infospace Com Inc), Agreement and Plan of Acquisition and Arrangement (Infospace Com Inc)

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Actions of the Company Agent. A decision, act, consent or instruction of the Company Agent shall constitute a decision of all Company shareholders for whom Exchangeable Escrow Shares otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each such Company shareholder, and the Escrow Depositary Agent and Parent may rely upon any decision, act, consent or instruction of the Company Agent as being the decision, act, consent or instruction of each and every such Company shareholder. The Escrow Depositary Agent and Parent are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Company Agent.

Appears in 1 contract

Samples: Transaction Agreement (Rational Software Corp)

Actions of the Company Agent. A Any decision, act, consent or instruction of the Company Agent shall constitute a decision of all shareholders of the Company shareholders for whom Exchangeable Shares a portion of the amounts otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such Company shareholdershareholders, and the Escrow Agent and Parent may rely upon any such decision, act, consent or instruction of the Company Agent as being the decision, act, consent or instruction of each and every such Company shareholdershareholder of the Company. The Escrow Agent and Parent are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Company Agent.

Appears in 1 contract

Samples: Merger Agreement (Valueclick Inc/Ca)

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Actions of the Company Agent. A decision, act, consent or instruction of the Company Agent shall constitute a decision of all Company shareholders for whom Exchangeable Escrow Shares otherwise issuable to them are deposited in the Escrow Fund Funds and shall be final, binding and conclusive upon each such Company shareholder, and the Escrow Agent and Parent may rely upon any decision, act, consent or instruction of the Company Agent as being the decision, act, consent or instruction of each and every such Company shareholder. The Escrow Agent and Parent are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Company Agent.

Appears in 1 contract

Samples: Agreement and Plan of Acquisition and Arrangement (Infospace Com Inc)

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