Common use of Appointment and Authority of Holder Representative Clause in Contracts

Appointment and Authority of Holder Representative. (a) The Stockholders have agreed that it is desirable to designate a representative to act on behalf of the Stockholders for the purposes described in this Section 7.4. The Holder Representative shall be selected by the Electing Holder(s) and shall serve as the agent and representative of each Stockholder with respect to any Sale Process.

Appointment and Authority of Holder Representative. (a) The Stockholders Shareholders have agreed that it is desirable to designate a representative to act on behalf of the Stockholders Shareholders for the purposes described in this Section 7.4___. The Holder Representative shall be selected by the Electing Holder(s) Holders and shall serve as the agent and representative of each Stockholder Shareholder with respect to any Sale Processthe matters set forth in this Agreement.

Appointment and Authority of Holder Representative. (ai) The Stockholders have agreed that it is desirable to designate a representative to act on behalf of the Stockholders for the purposes described in this Section 7.46.5. The Holder Representative shall be selected by the Electing Holder(s) Required Series A Holders and shall serve as the agent and representative of each Stockholder with respect to any Sale Processthe matters set forth in this Agreement.

Appointment and Authority of Holder Representative. (a) The Stockholders have agreed that it is desirable to designate a representative to act on behalf of the Stockholders for the purposes described in this Section 7.4. The Holder Representative shall be selected by the Electing Holder(s) Holders and shall serve as the agent and representative of each Stockholder with respect to any Sale Processthe matters set forth in this Agreement.

Appointment and Authority of Holder Representative. (a) (a) The Stockholders Stockhareholders have agreed that it is desirable to designate a representative to act on behalf of the Stockholders Stockhareholders for the purposes described in this Section 7.4. The Holder Representative shall be selected by the Electing Holder(s) Holders and shall serve as the agent and representative of each Stockholder Stockhareholder with respect to any Sale Processthe matters set forth in this Agreement.