Common use of Designations Clause in Contracts

Designations. The Seller and the Purchaser may each, by notice to the Escrow Agent, designate one or more persons who will execute notices and from whom the Escrow Agent may take instructions hereunder or to whom the Escrow Agent may give notices. Such designations may be changed from time to time upon notice to Escrow Agent from the respective parties. The Escrow Agent will be entitled to rely conclusively on any action taken by such persons or their respective successor designees.

Designations. The Seller Sellers and the Purchaser may each, by notice to the Escrow Agent, designate one or more persons who will execute notices and from whom the Escrow Agent may take instructions hereunder or to whom the Escrow Agent may give notices. Such designations may be changed from time to time upon notice to Escrow Agent from the respective parties. The Escrow Agent will be entitled to rely conclusively on any action taken by such persons or their respective successor designees.