Common use of Purchaser Representative Clause in Contracts

Purchaser Representative. If the Company or the holders of the Company's securities enter into any negotiation or transaction for which Regulation D (or any similar rule or regulation thereunder) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder of Retained Shareholder Shares shall, at the request of the Company, appoint a purchaser representative (as such term is defined in Rule 501 promulgated under Regulation D) reasonably acceptable to the Company. If any holder of Retained Shareholder Shares appoints a purchaser representative designated by the Company, the Company shall pay the fees of such purchaser representative, but if any holder of Retained Shareholder Shares declines to appoint the purchaser representative designated by the Company such holder shall appoint another purchaser representative (reasonably acceptable to the Company), and such holder shall be responsible for the fees of the purchaser representative so appointed.

Purchaser Representative. If the Company or the holders of the Company's ’s securities enter into any negotiation or transaction for which Regulation D Rule 506 promulgated under the Securities Act (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder the holders of Retained Shareholder Option Shares shall, at the request of the Company, appoint a purchaser representative (as such term is defined in Rule 501 promulgated under Regulation Dthe Securities Act) reasonably acceptable to the Company. If any holder the holders of Retained Shareholder Option Shares appoints a appoint the purchaser representative designated by the Company, the Company shall pay the fees of such purchaser representative, but if any holder the holders of Retained Shareholder Option Shares declines decline to appoint the purchaser representative designated by the Company such holder holders shall appoint another purchaser representative (reasonably acceptable to the Company), and such holder holders shall be responsible for the fees of the purchaser representative so appointed.

Purchaser Representative. If the Company or the holders of the Company's securities enter into any negotiation or transaction for which Regulation D Rule 506 under the Securities Act (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder of Retained Shareholder Shares shallthe Individual Stockholder will, at the request of the Company, appoint a "purchaser representative representative" (as such term is defined in Rule 501 promulgated under Regulation Dthe Securities Act) reasonably acceptable to the Company. If any holder of Retained Shareholder Shares Individual Stockholder appoints a the purchaser representative designated by the Company, the Company shall will pay 11 11 the fees and expenses of such purchaser representative, but if any holder of Retained Shareholder Shares Individual Stockholder declines to appoint the purchaser representative designated selected by the Company Company, such holder shall Individual Stockholder will promptly appoint another a purchaser representative (reasonably acceptable to the Company), and such holder shall Individual Stockholder will be responsible for the fees and expenses of the purchaser representative so appointed.

Purchaser Representative. If the Company or the holders of the Company's ’s securities enter into any negotiation or transaction for which Regulation D Rule 506 (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder the holders of Retained Shareholder Shares Restricted Securities shall, at the request of the Company, appoint a “purchaser representative representative” (as such term is defined in Rule 501 promulgated under Regulation D501) reasonably acceptable to the Company. If any holder of Retained Shareholder Shares Restricted Securities appoints a purchaser representative designated by the Company, the Company shall pay the fees of such purchaser representative. However, but if any holder of Retained Shareholder Shares Restricted Securities declines to appoint the purchaser representative designated by the Company Company, such holder shall appoint another purchaser representative (reasonably acceptable to the Company), and such holder shall be responsible for the fees of the purchaser representative so appointed.

Purchaser Representative. If the Company or the holders of the Company's securities Stockholder Shares enter into any negotiation or transaction for which Regulation D Rule 506 (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including including, without limitation, a merger, consolidation or other reorganization), each holder the holders of Retained Shareholder Stockholder Shares shall, shall at the request of the Company, appoint a “purchaser representative representative” (as such term is defined in Rule 501 (or any similar rule then in effect) promulgated under Regulation Dby the Securities Exchange Commission) reasonably acceptable to the Company. If any holder of Retained Shareholder Stockholder Shares appoints a purchaser representative designated by the Company, the Company shall pay the fees of such purchaser representative. However, but if any holder of Retained Shareholder Stockholder Shares declines to appoint the purchaser representative designated by the Company Company, such holder shall appoint another purchaser representative (reasonably acceptable to the Company), and such holder shall be responsible for the fees of the purchaser representative so appointed.

Purchaser Representative. If the Company Company, any of its Subsidiaries or the holders of the Company's securities enter Requisite Investors enters into any negotiation or transaction for which Regulation D Rule 506 (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder of Retained Shareholder Shares Excluded Investor shall, at the request of the Company, appoint a “purchaser representative representative” (as such term is defined in Rule 501 promulgated under Regulation Dthe Securities Act) reasonably acceptable to designated by the Company. If any holder of Retained Shareholder Shares Holder so appoints a such purchaser representative designated by the Companyrepresentative, the Company shall pay the fees of such purchaser representative. However, but if any holder of Retained Shareholder Shares Holder declines to appoint the purchaser representative designated by the Company Company, such holder Holder shall appoint another purchaser representative (reasonably acceptable to the Company), and such holder Holder shall be responsible for the fees of the purchaser representative so appointed.

Purchaser Representative. If the Company or the holders of the Company's securities Stockholder Shares enter into any negotiation or transaction for which Regulation D Rule 506 (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder of Retained Shareholder Stockholder Shares shallwhich is not an accredited investor (as that term is defined in Rule 501 or any similar rule then in effect ("Rule 501") promulgated by the Securities and Exchange Commission) will, at the request of the CompanyBoard, appoint a purchaser representative (as such term is defined in Rule 501 promulgated under Regulation D501) designated by or reasonably acceptable to the CompanyBoard. If any holder of Retained Shareholder Stockholder Shares appoints a purchaser representative designated by the CompanyBoard, the Company shall pay will be responsible for the fees of such the purchaser representative, but if representative so appointed. If any holder of Retained Shareholder Stockholder Shares declines to appoint the purchaser representative designated by the Company Board, such holder shall will appoint another purchaser representative (reasonably acceptable to the Company), Board) and such holder shall will be responsible for the fees of the purchaser representative so appointed.

Purchaser Representative. If the Company or the holders of the Company's securities enter into any negotiation or transaction for which Regulation D Rule 506 under the Securities Act (or any similar rule or regulation thereunderthen in effect) promulgated by the Securities and Exchange Commission may be available with respect to such negotiation or transaction (including a merger, consolidation or other reorganization), each holder the holders of Retained Shareholder Stockholder Shares shallwill, at the request of the Company, appoint a purchaser representative (as such term is defined in Rule 501 promulgated under Regulation Dthe Securities Act) reasonably acceptable to the Company. If any holder of Retained Shareholder Stockholder Shares appoints a purchaser representative designated by the Company, the Company shall will pay the fees of such purchaser representative, but if any holder of Retained Shareholder Stockholder Shares declines to appoint the purchaser representative designated by the Company Company, such holder shall will appoint another purchaser representative (reasonably acceptable to the Company)representative, and such holder shall will be responsible for the fees of the purchaser representative so appointed.