Common use of Right to Appoint Observer Clause in Contracts

Right to Appoint Observer. Until the consummation of a Business Combination, upon notice from the Representatives to the Company, the Representatives shall have the right to send a representative (who need not be the same individual from meeting to meeting) to observe each meeting of the Board of Directors of the Company; provided that such representative shall sign a Regulation FD compliant confidentiality agreement which is reasonably acceptable to the Representatives and their counsel in connection with such representative’s attendance at meetings of the Board of Directors; and provided further that upon written notice to the Representatives, the Company may exclude the representative from meetings where, in the written opinion of counsel for the Company, the representative’s presence would destroy the attorney-client privilege. The Company agrees to give the Representatives written notice of each such meeting and to provide the Representatives with an agenda and minutes of the meeting no later than it gives such notice and provides such items to the other directors and to reimburse the representative of the Representatives for his or her reasonable out-of-pocket expenses incurred in connection with his or her attendance at the meeting, including but not limited to, food, lodging and transportation.

Appears in 2 contracts

Samples: Underwriting Agreement (Infinity I-China Acquisition CORP), Underwriting Agreement (Infinity I-China Acquisition CORP)

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Right to Appoint Observer. Until the consummation of a Business Combination, upon notice from the Representatives Representative to the Company, the Representatives Representative shall have the right to send a representative (who need not be the same individual from meeting to meeting) to observe each meeting of the Board of Directors of the Company; provided that such representative shall sign a Regulation FD compliant confidentiality agreement which is reasonably acceptable to the Representatives Representative and their its counsel in connection with such representative’s 's attendance at meetings of the Board of Directors; and provided further that upon written notice to the RepresentativesRepresentative, the Company may exclude the representative from meetings where, in the written opinion of counsel for the Company, the representative’s 's presence would destroy the attorney-client privilege. The Company agrees to give the Representatives Representative written notice of each such meeting and to provide the Representatives Representative with an agenda and minutes of the meeting no later than it gives such notice and provides such items to the other directors and to reimburse the representative of the Representatives Representative for his or her reasonable out-of-pocket expenses incurred in connection with his or her their attendance at the meeting, including but not limited to, food, lodging and transportation.

Appears in 2 contracts

Samples: Underwriting Agreement (Media & Entertainment Holdings, Inc.), Underwriting Agreement (Media & Entertainment Holdings, Inc.)

Right to Appoint Observer. Until the consummation of a Business Combination, upon notice from the Representatives to the Company, the Representatives shall have the right to send a representative (who need not be the same individual from meeting to meeting) to observe each meeting of the Board of Directors of the Company; provided that such representative Representatives shall sign a Regulation FD compliant confidentiality agreement which is reasonably acceptable to the Representatives and their counsel in connection with such representative’s attendance at meetings of the Board of Directors; and provided further that upon written notice to the Representatives, the Company may exclude the representative from meetings where, in the written opinion of counsel for the Company, the representative’s presence would destroy the attorney-client privilege. The Company agrees to give the Representatives representative written notice of each such meeting and to provide the Representatives representative with an agenda and minutes of the meeting no later than it gives such notice and provides such items to the other directors and to reimburse the representative of the Representatives for his or her its reasonable out-of-pocket expenses incurred in connection with his or her its attendance at the meeting, including but not limited to, food, lodging and transportation.

Appears in 2 contracts

Samples: Underwriting Agreement (General Finance CORP), Underwriting Agreement (General Finance CORP)

Right to Appoint Observer. Until the consummation of a Business Combination, upon notice from the Representatives LCM to the Company, the Representatives LCM shall have the right to send a representative (who need not be the same individual from meeting to meeting) to observe each meeting of the Board of Directors of the Company; provided that such representative shall sign a Regulation FD compliant confidentiality agreement which is reasonably acceptable to the Representatives LCM and their its counsel in connection with such representative’s 's attendance at meetings of the Board of Directors; and provided further that upon written notice to the RepresentativesLCM, the Company may exclude the representative from meetings where, in the written opinion of counsel for the Company, the representative’s 's presence would destroy the attorney-client privilege. The Company agrees to give the Representatives LCM written notice of each such meeting and to provide the Representatives LCM with an agenda and minutes of the meeting no later than it gives such notice and provides such items to the other directors and to reimburse the representative of the Representatives LCM for his or her its reasonable out-of-pocket expenses incurred in connection with his or her its attendance at the meeting, including but not limited to, food, lodging and transportation.

Appears in 1 contract

Samples: Underwriting Agreement (Geneva Acquisition Corp)

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Right to Appoint Observer. Until the consummation of a Business Combination, upon notice from the Representatives Representative to the Company, the Representatives Representative shall have the right to send a representative (who need not be the same individual from meeting to meeting) to observe each meeting of the Board of Directors of the Company; provided that such representative shall sign a Regulation FD compliant confidentiality agreement which is reasonably acceptable to the Representatives Representative and their its counsel in connection with such representative’s 's attendance at meetings of the Board of Directors; and provided further that upon written notice to the RepresentativesRepresentative, the Company may exclude the representative from meetings where, in the written opinion of counsel for the Company, the representative’s 's presence would destroy the attorney-client privilege. The Company agrees to give the Representatives Representative written notice of each such meeting and to provide the Representatives Representative with an agenda and minutes of the meeting no later than it gives such notice and provides such items to the other directors and to reimburse the representative of the Representatives Representative for his or her its reasonable out-of-pocket expenses incurred in connection with his or her its attendance at the meeting, including but not limited to, food, lodging and transportation.

Appears in 1 contract

Samples: Underwriting Agreement (Beverage Acquisition CORP)

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