Common use of Actions of the Shareholders' Agent Clause in Contracts

Actions of the Shareholders' Agent. From and after the Effective Time, a decision, act, consent or instruction of the Shareholders’ Agent shall constitute a decision of all Former Shareholders and shall be final, binding and conclusive upon each Former Shareholder, and the Escrow Agent and Acquiror may rely upon any decision, act, consent or instruction of the Shareholders’ Agent as being the decision, act, consent or instruction of each Former Shareholder. Acquiror and Surviving Corporation are hereby relieved from any liability to any person for any acts done by Shareholders’ Agent and any acts done by Acquiror or Surviving Corporation in accordance with any such decision, act, consent or instruction of the Shareholders’ Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Invitrogen Corp)

AutoNDA by SimpleDocs

Actions of the Shareholders' Agent. From and after the Effective Time, a A decision, act, consent or instruction instruction, in each case in writing, of the Shareholders’ Agent shall constitute a decision of all Former Shareholders of the Effective Time Holders and shall be final, binding and conclusive upon each Former Shareholderand every Effective Time Holder, and Parent, Merger Sub, the Escrow Agent Company and Acquiror the Surviving Corporation may rely upon any such decision, act, consent or instruction of the Shareholders’ Agent as being the decision, act, consent or instruction of each Former Shareholderand every Effective Time Holder. Acquiror and Surviving Corporation are Parent is hereby relieved from any liability to any person Person for any acts done by Shareholders’ Agent and any acts done by Acquiror or Surviving Corporation them in accordance with any such decision, act, consent or instruction of the Shareholders’ Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Amicus Therapeutics Inc)

Actions of the Shareholders' Agent. From and after the Effective Time, a decision, act, consent or instruction of the Shareholders’ Agent shall will constitute a decision of all Former Shareholders Company Holders and shall will be final, binding and conclusive upon each Former ShareholderCompany Holder, and the Escrow Agent and Acquiror Purchaser may rely upon any decision, act, consent or instruction of the Shareholders’ Agent as being the decision, act, consent or instruction of each Former ShareholderCompany Holder. Acquiror Purchaser and Surviving Corporation are hereby relieved from any liability to any person Person for any acts done by Shareholders’ Agent and any acts done by Acquiror Purchaser or Surviving Corporation in accordance with any such decision, act, consent or instruction of the Shareholders’ Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Textura Corp)

AutoNDA by SimpleDocs

Actions of the Shareholders' Agent. From and after the Effective Time, a decision, act, consent or instruction of the Shareholders’ Agent shall constitute a decision of all Former Shareholders Shareholders, including the Significant Shareholders, and shall be final, binding and conclusive upon each Former Shareholder, and the Escrow Agent and Acquiror Parent may rely upon any decision, act, written consent or written instruction of the Shareholders’ Agent as being the decision, act, consent or instruction of each Former Shareholder. Acquiror Parent and Surviving Corporation are hereby relieved from any liability to any person Person for any acts done by Shareholders’ Agent and any acts done by Acquiror Parent or Surviving Corporation in accordance with any such decision, act, written consent or written instruction of the Shareholders’ Agent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Stanley, Inc.)

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