Agent of Company Sample Clauses

Agent of Company. Any Receiver shall be the agent of the Company for all purposes and the Company shall be solely responsible for such Receiver's contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by him.
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Agent of Company. 10 11.4 Remuneration . . . . . . . . . . . . . . . . . . . . . . 10
Agent of Company. Any Receiver shall be the agent of the Assignor for all purposes and the Assignor shall be solely responsible for such Receiver's contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by him.
Agent of Company. Unless and until the Security Agent by notice in writing ---------------- to the Company and to the Receiver requires that the Receiver act as agent of the Security Agent, or until an order is made or a resolution is passed for the winding-up of the Company, the Receiver shall be the agent of the Company, and the Company alone shall (subject, in the case of an administrative receiver, to section 44 of the Insolvency Act 1986) be responsible for the acts and defaults of the Receiver and for his remuneration and shall be liable on any contracts and agreements made or entered into by him and for any losses incurred by him, but in exercising any powers of the Security Agent the Receiver shall have the authority of both the Company and the Security Agent. After an order is made or a resolution is passed for the winding up of the Company, the Receiver shall act as a principal and shall not become the agent of the Security Agent. Where the Receiver is not an administrative receiver the Receiver shall be in the same position as a receiver appointed by a mortgagee under the Law of Property Xxx 0000.

Related to Agent of Company

  • Limited Guaranty of the Corporation The Corporation hereby guarantees performance of the Receiver’s obligation to indemnify the Assuming Institution as set forth in this Article XII. It is a condition to the Corporation’s obligation hereunder that the Assuming Institution shall comply in all respects with the applicable provisions of this Article XII. The Corporation shall be liable hereunder only for such amounts, if any, as the Receiver is obligated to pay under the terms of this Article XII but shall fail to pay. Except as otherwise provided above in this Section 12.7, nothing in this Article XII is intended or shall be construed to create any liability or obligation on the part of the Corporation, the United States of America or any department or agency thereof under or with respect to this Article XII, or any provision hereof, it being the intention of the parties hereto that the obligations undertaken by the Receiver under this Article XII are the sole and exclusive responsibility of the Receiver and no other Person or entity.

  • Opinion and 10b-5 Statement of Counsel for the Company Xxxxxx & Xxxxxxx LLP, counsel for the Company, shall have furnished to the Representatives, at the request of the Company, their written opinion and 10b-5 statement, dated the Closing Date or the Additional Closing Date, as the case may be, and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives.

  • Adverse Agreements, Etc No Loan Party or any of its Subsidiaries is a party to any Contractual Obligation or subject to any restriction or limitation in any Governing Document or any judgment, order, regulation, ruling or other requirement of a court or other Governmental Authority, which (either individually or in the aggregate) has, or in the future could reasonably be expected (either individually or in the aggregate) to have, a Material Adverse Effect.

  • Opinion of Financial Advisor 23 3.19. Brokers.............................................................. 23

  • Opinion of Maryland Counsel for the Company At the Closing Time, the Representatives shall have received the opinion, dated the Closing Time, of Xxxxxxx LLP, special Maryland counsel for the Company, to the effect set forth in Exhibit A-2 hereto.

  • Opinion of Financial Advisors SECTION 3.20

  • Amendment of Material Documents No Loan Party will, nor will it permit any Subsidiary to, amend, modify or waive any of its rights under (a) any agreement relating to any Subordinated Indebtedness, or (b) its charter, articles or certificate of organization or incorporation and bylaws or operating, management or partnership agreement, or other organizational or governing documents, to the extent any such amendment, modification or waiver would be adverse to the Lenders.

  • Opinion of Cayman Islands Counsel for the Company The Representatives shall have received an opinion of Xxxxxx and Calder (Hong Kong) LLP, Cayman Islands counsel for the Company, dated such Closing Date, as the case may be, in form and substance reasonably satisfactory to the Representatives.

  • Certificate of the Borrower Concurrently with the financial statements of the Borrower furnished to the Administrative Agent and to the Lenders pursuant to Sections 8.3.1 [Quarterly Financial Statements] and 8.3.2 [Annual Financial Statements], a certificate (each a “Compliance Certificate”) of the Borrower signed by the Chief Executive Officer, President or Chief Financial Officer of the Borrower, in the form of Exhibit 8.3.3.

  • Opinion of Financial Adviser Xxxxxxxxx & Xxxxx LLC ---------------------------- (the "Company Financial Adviser") has delivered to the Company Board its written opinion dated the date of this Agreement to the effect that as of such date the Merger Consideration is fair, from a financial point of view, to the holders of Shares.

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