Common use of Due Execution of Power of Attorney and Custody Agreement Clause in Contracts

Due Execution of Power of Attorney and Custody Agreement. Each Selling Shareholder has duly executed and delivered, in the form heretofore furnished to the Representatives, the Power of Attorney and Custody Agreement with Mxxxxxx X. Xxxxxx, as attorney-in-fact (the “Attorney-in-Fact”), and the Bank, as custodian (the “Custodian”). The Custodian is authorized to deliver the Securities to be sold by such Selling Shareholder hereunder and to accept payment therefore. The Attorney-in-Fact is authorized to execute and deliver this Agreement and the certificate referred to in Section 5(f) or that may be required pursuant to Sections 5(l) and 5(m) on behalf of such Selling Shareholder, to sell, assign and transfer to the Underwriters the Securities to be sold by such Selling Shareholder hereunder, to determine the purchase price to be paid by the Underwriters to such Selling Shareholder, as provided in Section 2(a) hereof, to authorize the delivery of the Securities to be sold by such Selling Shareholder hereunder, to accept payment therefor, and otherwise to act on behalf of such Selling Shareholder in connection with this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Access National Corp)

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Due Execution of Power of Attorney and Custody Agreement. Each The Selling Shareholder has duly executed and delivered, in the form heretofore furnished to the Representatives, the Power of Attorney and Custody Agreement with Mxxxxxx X. Xxxxxx, as attorney-in-fact (the “Attorney-in-Fact”), ) and the Bank, as custodian (the “Custodian”). The ; the Custodian is authorized to deliver the Securities to be sold by such the Selling Shareholder hereunder and to accept payment therefore. The therefor; and the Attorney-in-Fact is authorized to execute and deliver this Agreement and the certificate referred to in Section 5(f5(g) or that may be required pursuant to Sections 5(l) and 5(mSection 5(n) on behalf of such the Selling Shareholder, to sell, assign and transfer to the Underwriters the Securities to be sold by such the Selling Shareholder hereunder, to determine the purchase price to be paid by the Underwriters to such the Selling Shareholder, as provided in Section 2(a) hereof, to authorize the delivery of the Securities to be sold by such the Selling Shareholder hereunder, to accept payment therefor, and otherwise to act on behalf of such the Selling Shareholder in connection with this Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Taylor Capital Group Inc)

Due Execution of Power of Attorney and Custody Agreement. Each such Selling Shareholder has duly executed and delivered, in the form heretofore furnished to the Representatives, the delivered a Power of Attorney and Custody Agreement with Mxxxxxx X. Xxxxxx, as attorney-in-fact (Agreement; the “Attorney-in-Fact”), and the Bank, as custodian (the “Custodian”). The Custodian is authorized by each such Selling Shareholder to deliver the International Securities to be sold by such Selling Shareholder hereunder and to accept payment therefore. The therefor; and each Attorney-in-Fact named in the Power of Attorney and Custody Agreement executed by such Selling Shareholder is authorized by such Selling Shareholder to execute and deliver this Agreement and the certificate referred to in Section 5(f5(e) of this Agreement or that may be required pursuant to Sections 5(l) and 5(m) or 5(n) of this Agreement on behalf of such Selling Shareholder, to sell, assign and transfer to the Underwriters International Managers the International Securities to be sold by such Selling Shareholder hereunder, to determine the purchase price to be paid by the U.S. Underwriters to such Selling Shareholder, as provided in Section 2(a) hereof, to authorize the delivery of the Securities to be sold by such Selling Shareholder hereunder, to accept payment therefor, and otherwise to act on behalf of such Selling Shareholder in connection with this Agreement.

Appears in 1 contract

Samples: International Purchase Agreement (Rayovac Corp)

Due Execution of Power of Attorney and Custody Agreement. Each Such Selling Shareholder has duly executed and delivered, in the form heretofore furnished to the Representatives, the Power of Attorney and Custody Agreement with Mxxxxxx X. Xxxxxx, as attorney-in-fact (the "Attorney-in-Fact”), ") and the Bank, as custodian (the Custodian). The ; the Custodian is authorized to deliver the Securities to be sold by such Selling Shareholder hereunder and to accept payment therefore. The therefor; and the Attorney-in-Fact is authorized to execute and deliver this Agreement and the certificate referred to in Section 5(f) or that may be required pursuant to Sections 5(l) and 5(m) on behalf of such Selling Shareholder, to sell, assign and transfer to the Underwriters the Securities to be sold by such Selling Shareholder hereunder, to determine the purchase price to be paid by the Underwriters to such Selling Shareholder, as provided in Section 2(a) hereof, to authorize the delivery of the Securities to be sold by such Selling Shareholder hereunder, to accept payment therefor, and otherwise to act on behalf of such Selling Shareholder in connection with this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Flagstar Bancorp Inc)

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Due Execution of Power of Attorney and Custody Agreement. Each Such Selling Shareholder has duly executed and delivered, in the form heretofore furnished to the Representatives, the Power of Attorney and Custody Agreement with Mxxxxxx X. Xxxxxxand , as attorneyattorneys-in-fact (the “AttorneyAttorneys-in-Fact”), ) and the Bank, as custodian (the “Custodian”). The ; the Custodian is authorized to deliver the Securities to be sold by such Selling Shareholder hereunder and to accept payment therefore. The Attorneytherefor; and the Attorneys-in-Fact is are authorized to execute and deliver this Agreement and the certificate referred to in Section 5(f) or that may be required pursuant to Sections 5(l) and 5(m) on behalf of such Selling Shareholder, to sell, assign and transfer to the Underwriters the Securities to be sold by such Selling Shareholder hereunder, to determine the purchase price to be paid by the Underwriters to such Selling Shareholder, as provided in Section 2(a) hereof, to authorize the delivery of the Securities to be sold by such Selling Shareholder hereunder, to accept payment therefor, and otherwise to act on behalf of such Selling Shareholder in connection with this Agreement.

Appears in 1 contract

Samples: Form of Purchase Agreement (Encore Bancshares Inc)

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