Common use of Parent as Filing Entities’ Agent Clause in Contracts

Parent as Filing Entities’ Agent. Each Filing Entity by its execution of this Agreement hereby irrevocably authorizes Parent to give all notices and instructions and make such agreements (including, without limitation, in relation to Section 12) expressed to be capable of being given or made by Parent or that Filing Entity, notwithstanding that they may affect that Filing Entity, without further reference to or the consent of that Filing Entity, provided that, in the case of Alpha Star Equities Ltd., Lone Star Ltd., Gold Star Ltd., Constellation Overseas Ltd., Xxxxxx International Inc., and Olinda Star Ltd., the Parent shall in each case first have obtained the written consent of the joint provisional liquidators to give such notice or instruction or to make such agreement, and that Filing Entity shall, as regards the other Parties, be bound thereby as though that Filing Entity had agreed to that change, given that notice or made that agreement.

Appears in 2 contracts

Samples: Backstop Commitment Agreement, Collateral Agreement

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Parent as Filing Entities’ Agent. Each Filing Entity by its execution of this Agreement hereby irrevocably authorizes Parent to give all notices and instructions and make such agreements (including, without limitation, in relation to Section 1212 of the PSA) expressed to be capable of being given or made by Parent or that Filing Entity, notwithstanding that they may affect that Filing Entity, without further reference to or the consent of that Filing Entity, provided that, in the case of Alpha Star Equities Ltd., Lone Star Ltd., Gold Star Ltd., Constellation Overseas Ltd., Xxxxxx International Inc., and Olinda Star Ltd., the Parent shall in each case first have obtained the written consent of the joint provisional liquidators to give such notice or instruction or to make such agreement, and that Filing Entity shall, as regards the other Parties, be bound thereby as though that Filing Entity had agreed to that change, given that notice or made that agreement.

Appears in 2 contracts

Samples: Backstop Commitment Agreement, Collateral Agreement

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Parent as Filing Entities’ Agent. Each Filing Entity by its execution of this Agreement hereby irrevocably authorizes Parent to give all notices and instructions and make such agreements (including, without limitation, in relation to Section 12) expressed to be capable of being given or made by Parent or that Filing Entity, notwithstanding that they may affect that Filing Entity, without further reference to or the consent of that Filing Entity, provided that, in the case of Alpha Star Equities Ltd., Lone Star Ltd., Gold Star Ltd., Constellation Overseas Ltd., Ltd. and Xxxxxx International Inc., and Olinda Star Ltd., the Parent shall in each case first have obtained the written consent of the joint provisional liquidators to give such notice or instruction or to make such agreement, and that Filing Entity shall, as regards the other Parties, be bound thereby as though that Filing Entity had agreed to that change, given that notice or made that agreement.

Appears in 1 contract

Samples: Backstop Commitment Agreement

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