Common use of Holder is Trustee Clause in Contracts

Holder is Trustee. The Company hereby acknowledges and agrees that, with respect to this Article 3, the Holder is contracting on its own behalf and as agent for the other Indemnified Parties referred to in this Article 3. In this regard, the Holder shall act as trustee for such Indemnified Parties of the covenants of the Company under this Article 3 with respect to such Indemnified Parties and accepts these trusts and shall hold and enforce those covenants on behalf of such Indemnified Parties.

Appears in 10 contracts

Samples: Investor Rights Agreement (Just Energy Group Inc.), Investor Rights Agreement (Canopy Growth Corp), Subscription Agreement (Canopy Growth Corp)

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Holder is Trustee. The Company hereby acknowledges and agrees that, with respect to this Article III of this Schedule 3, the Holder is contracting on its own behalf and as agent for the other Indemnified Parties referred to in this Article III of this Schedule 3. In this regard, the Holder shall act as trustee for such Indemnified Parties of the covenants of the Company under this Article III of this Schedule 3 with respect to such Indemnified Parties and accepts these trusts and shall hold and enforce those covenants on behalf of such Indemnified Parties.

Appears in 4 contracts

Samples: Investor Rights Agreement (Altria Group, Inc.), Investor Rights Agreement (Cronos Group Inc.), Subscription Agreement (Cronos Group Inc.)

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Holder is Trustee. The Company hereby acknowledges and agrees that, with respect to this Article 34, the Holder is contracting on its own behalf and as agent for the other Indemnified Parties referred to in this Article 34. In this regard, the Holder shall act as trustee for such Indemnified Parties of the covenants of the Company under this Article 3 4 with respect to such Indemnified Parties and accepts these trusts and shall hold and enforce those covenants on behalf of such Indemnified Parties.

Appears in 1 contract

Samples: Investor Rights Agreement

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