Common use of Authority of Parent Clause in Contracts

Authority of Parent. The Requisite Investors may cause Parent to take any action, subject to compliance with this Agreement, permitted under this Agreement, and, except as otherwise explicitly set forth herein, Parent shall take only those actions approved in writing by the Requisite Investors.

Appears in 3 contracts

Samples: Interim Investors Agreement (Becker Douglas L), Interim Investors Agreement (L Curve Sub Inc.), Interim Investors Agreement (Laureate Education, Inc.)

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Authority of Parent. The Requisite Investors may cause Parent to take any action, subject to compliance with this Agreement, permitted under this Agreement, and, except as otherwise explicitly set forth herein, Parent shall take only those actions approved in writing by the Requisite Investors.

Appears in 2 contracts

Samples: Interim Investors Agreement (Hca Inc/Tn), Interim Investors Agreement (Frist Thomas F Jr)

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Authority of Parent. The Requisite Investors Stockholders may cause Parent to take any action, subject to compliance with this Agreement, permitted under this Agreement, and, except as otherwise explicitly set forth herein, Parent shall take only those actions approved in writing by the Requisite InvestorsStockholders.

Appears in 1 contract

Samples: Interim Stockholders Agreement (Silver Point Capital Management, L.L.C.)

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