Common use of Actions of the TRA Representative Clause in Contracts

Actions of the TRA Representative. Any decision, act, consent or instruction of the TRA Representative shall constitute a decision of all TRA Parties and shall be final, binding and conclusive upon each TRA Party, and the Corporation may rely upon any decision, act, consent or instruction of the TRA Representative as being the decision, act, consent or instruction of each TRA Party. 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 TRA Representative.

Appears in 3 contracts

Samples: Tax Receivable Agreement (Clarios International Inc.), Tax Receivable Agreement (Clarios International Inc.), Tax Receivable Agreement (Clarios International Inc.)

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

Appears in 2 contracts

Samples: Income Tax Receivable Agreement (Olaplex Holdings, Inc.), Income Tax Receivable Agreement (Olaplex Holdings, Inc.)

Actions of the TRA Representative. Any decision, act, consent or instruction of the any TRA Representative shall constitute a decision of all applicable TRA Parties whom such TRA Representative represents, and shall be final, binding and conclusive upon each such TRA Party, and the Corporation may rely upon any decision, act, consent or instruction of the TRA Representative as being the decision, act, consent or instruction of each such TRA Party. 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 TRA Representative.

Appears in 1 contract

Samples: Tax Receivable Agreement (Solo Brands, Inc.)

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Actions of the TRA Representative. Any decision, act, consent or instruction of the any TRA Representative shall constitute a decision of all applicable TRA Parties whom such TRA Representative represents, and shall be final, binding and conclusive upon each such TRA Party, and the Corporation may rely upon any decision, act, consent or instruction of the TRA | Representative as being the decision, act, consent or instruction of each such TRA Party. 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 TRA Representative.

Appears in 1 contract

Samples: Tax Receivable Agreement (Solo Brands, Inc.)

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