Common use of Actions of the Shareholder Agent Clause in Contracts

Actions of the Shareholder Agent. A decision, act, consent or instruction of the Shareholder Agent shall constitute a decision of all the former Shareholders and shall be final, binding and conclusive upon each of such former Shareholders and Purchaser may rely upon any such decision, act, consent or instruction of the Shareholder Agent as being the decision, act, consent or instruction of each every such former Shareholder. Purchaser is 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 Shareholder Agent.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Homestore Com Inc), Stock Purchase Agreement (Homestore Com Inc)

AutoNDA by SimpleDocs

Actions of the Shareholder Agent. A Any decision, act, consent or instruction of the Shareholder Agent shall constitute a decision of all the former Shareholders and shall be final, binding and conclusive upon each of such former Shareholders Shareholders. The Escrow Agent and Purchaser Parent may rely upon any such decision, act, consent or instruction of the Shareholder Agent as being the decision, act, consent or instruction of each and every such former Shareholder. Purchaser is The Escrow Agent, the Company and Parent hereby are relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholder Agent.

Appears in 1 contract

Samples: Share Purchase Agreement (Valueclick Inc/Ca)

Actions of the Shareholder Agent. A decision, act, consent or instruction of the Shareholder Agent shall constitute a decision of all the former Shareholders shareholders for whom a portion of the Escrow Amount otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such former Shareholders shareholders, and Purchaser the Depositary Agent and Broadcom may rely upon any such decision, act, consent or instruction of the Shareholder Agent as being the decision, act, consent or instruction of each every such former Shareholder. Purchaser is 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 Shareholder Agent.

Appears in 1 contract

Samples: Merger Agreement (Broadcom Corp)

Actions of the Shareholder Agent. A decision, act, consent or instruction of the Shareholder Agent shall constitute a decision of all the former Company Shareholders and shall be final, binding and conclusive upon each of such former Shareholders Company Shareholders, and Purchaser the Escrow Agent and Parent may rely upon any such decision, act, consent or instruction of the Shareholder Agent as being the decision, act, consent or instruction of each every such former Company Shareholder. Purchaser is The Escrow Agent and Parent are hereby relieved from any liability to any person Person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholder Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Gadzoox Networks Inc)

AutoNDA by SimpleDocs

Actions of the Shareholder Agent. A decision, act, consent or instruction of the Shareholder Agent shall constitute a decision for all of all the former Shareholders Shareholders, and shall be final, binding and conclusive upon each of such former Shareholders the Shareholders, and Purchaser Parent and Merger Sub may rely exclusively upon any such decision, act, consent or instruction of the Shareholder Agent as being the decision, act, consent or instruction of each every such former Shareholder. Purchaser is Parent and Merger Sub 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 Shareholder Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tegal Corp /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.