Pooling Agent Sample Clauses

Pooling Agent. (a) All of the Pooled Shares shall be placed with an agent and/or brokerage account (the “Pooling Agent”), as shall be mutually agreeable to the parties. In order to effectuate the sale of the shares pursuant hereto, the Shareholders shall deliver to such designated agent or broker a letter of instruction as well as a signed power of attorney or other documentation as may be necessary. The Pooling Agent shall be instructed to sell the Pooled Shares in a manner that does not damage or weaken the market for the Corp. Class A Stock. Any of the Pooled Shares authorized for sale under Section 3.1 that cannot be sold during any applicable month without damaging the market may be carried over to the next month for sale along with any additional shares authorized for sale in such consecutive month, so long as the volume limitations set forth in Section 3.1(c) are not exceeded in such consecutive month.
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Pooling Agent. Not Responsible after Release The Pooling Agent will have no responsibility for Pooled Shares that it has released to Rockhaven or at Rockhaven’s direction according to this Agreement.

Related to Pooling Agent

  • Depositor Structured Asset Securities Corporation, a Delaware corporation having its principal place of business in New York, or its successors in interest.

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