Common use of Actions of the Stockholders Representative Clause in Contracts

Actions of the Stockholders Representative. Any decision, act, consent or instruction of the Stockholders Representative shall constitute a decision of all Stockholders and shall be final, binding and conclusive upon each Stockholder, and the Corporation may rely upon any decision, act, consent or instruction of the Stockholders Representative as being the decision, act, consent or instruction of each Stockholder. The Corporation is hereby relieved from any liability to any Person for any acts done by the Corporation in accordance with any such decision, act, consent or instruction of the Stockholders Representative.

Appears in 6 contracts

Samples: Income Tax Receivable Agreement, Income Tax Receivable Agreement, Reorganization Agreement (Surgery Partners, Inc.)

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Actions of the Stockholders Representative. Any For the purposes of this Agreement, any decision, act, consent or instruction of the Stockholders Stockholders’ Representative shall constitute a decision of all Stockholders Sellers and shall be final, binding and conclusive upon each StockholderSeller, and the Corporation Company may rely upon any decision, act, consent or instruction of the Stockholders Stockholders’ Representative as being the decision, act, consent or instruction of each StockholderSeller. The Corporation is hereby relieved from any liability to any Person for any acts done by the Corporation in accordance with any such decision, act, consent or instruction Section 9.14 (Stockholders’ Representative) of the Stockholders RepresentativeMerger Agreement applies to this Agreement mutatis mutandis.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Agiliti, Inc. \De), Merger Agreement (Federal Street Acquisition Corp.)

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Actions of the Stockholders Representative. Any decision, act, consent or instruction of the Stockholders Representative shall constitute a decision of all Stockholders and shall be final, binding and conclusive upon each Stockholder, and the Corporation Corporate Taxpayer may rely upon any decision, act, consent or instruction of the Stockholders Representative as being the decision, act, consent or instruction of each Stockholder. The Corporation Corporate Taxpayer is hereby relieved from any liability to any Person for any acts done by the Corporation Corporate Taxpayer in accordance with any such decision, act, consent or instruction of the Stockholders Representative.

Appears in 1 contract

Samples: Tax Receivable Agreement (Amplify Snack Brands, INC)

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