Change of Bank Authorities. At the Closing, the Buyer shall receive bank mandates approved by each of the Company’s and/or any Subsidiary’s bankers and the Board authorising the operation of each of the Company’s and any Subsidiary’s bank accounts by nominees of the Buyer.
Appears in 2 contracts
Samples: Merger Agreement (CDC Software CORP), Merger Agreement (CDC Corp)
Change of Bank Authorities. At the Closing, the Buyer Management Sellers shall receive deliver to the Purchaser bank mandates approved by each of the Company’s and/or any Subsidiary’s bankers and the Board authorising the operation of each of the Company’s and any Subsidiary’s bank accounts by nominees of the BuyerPurchaser.
Appears in 2 contracts
Samples: Share Purchase Agreement (CDC Corp), Share Purchase Agreement (CDC Software CORP)
