Common use of Seller Representative Clause in Contracts

Seller Representative. (a) By virtue of the adoption of this Agreement by the Sellers other than [***], and without further action of any such Seller, each such Seller shall be deemed to have irrevocably constituted and appointed [***] (and by execution of this Agreement [***] hereby accepts such appointment) as agent and attorney-in-fact (in such capacity, the “Seller Representative”) for and on behalf of the Sellers (in their capacity as such), with full power of substitution, to act in the name, place and stead of each Seller with respect to and in connection with and to facilitate the consummation of the transactions contemplated hereby, including the taking by the Seller Representative of any and all actions and the making of any decisions required or permitted to be taken by the Seller Representative under Section 2.2 or Article 7. The power of attorney granted in this Section 8.1 is coupled with an interest and is irrevocable, may be delegated by the Seller Representative and shall survive the death or incapacity of each Seller. No bond shall be required of the Seller Representative, and the Seller Representative shall receive no compensation for his services.

Appears in 3 contracts

Samples: Collaboration Agreement (Pdi Inc), Collaboration Agreement (Pdi Inc), Collaboration Agreement (Pdi Inc)

AutoNDA by SimpleDocs

Seller Representative. (ahhh) By virtue of the adoption of this Agreement by the Sellers other than [***]15, and without further action of any such Seller, each such Seller shall be deemed to have irrevocably constituted and appointed [***] ]16 (and by execution of this Agreement [***] ]17 hereby accepts such appointment) as agent and attorney-in-fact attorney‑in‑fact (in such capacity, the “Seller Representative”) for and on behalf of the Sellers (in their capacity as such), with full power of substitution, to act in the name, place and stead of each Seller with respect to and in connection with and to facilitate the consummation of the transactions contemplated hereby, including the taking by the Seller Representative of any and all actions and the making of any decisions required or permitted to be taken by the Seller Representative under Section 2.2 or Article 7. The power of attorney granted in this Section 8.1 is coupled with an interest and is irrevocable, may be delegated by the Seller Representative and shall survive the death or incapacity of each Seller. No bond shall be required of the Seller Representative, and the Seller Representative shall receive no compensation for his services.

Appears in 2 contracts

Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (Pdi Inc)

Seller Representative. (a) By virtue of the adoption of this Agreement by the Sellers other than [***]Xxxxxxxxx, and without further action of any such Seller, each such Seller shall be deemed to have irrevocably constituted and appointed [***] Xxxxxxxxx (and by execution of this Agreement [***] Xxxxxxxxx hereby accepts such appointment) as agent and attorney-in-fact (in such capacity, the “Seller Representative”) for and on behalf of the Sellers (in their capacity as such), with full power of substitution, to act in the name, place and stead of each Seller with respect to and in connection with and to facilitate the consummation of the transactions contemplated hereby, including the taking by the Seller Representative of any and all actions and the making of any decisions required or permitted to be taken by the Seller Representative under Section 2.2 or Article 7. The power of attorney granted in this Section 8.1 is coupled with an interest and is irrevocable, may be delegated by the Seller Representative and shall survive the death or incapacity of each Seller. , No bond shall be required of the Seller Representative, and the Seller Representative shall receive no compensation for his services.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pdi Inc)

AutoNDA by SimpleDocs

Seller Representative. (a) By virtue of the adoption of this Agreement by the Sellers other than [***]Xxxxxxxxx, and without further action of any such Seller, each such Seller shall be deemed to have irrevocably constituted and appointed [***] Xxxxxxxxx (and by execution of this Agreement [***] Xxxxxxxxx hereby accepts such appointment) as agent and attorney-in-fact (in such capacity, the “Seller Representative”) for and on behalf of the Sellers (in their capacity as such), with full power of substitution, to act in the name, place and stead of each Seller with respect to and in connection with and to facilitate the consummation of the transactions contemplated hereby, including the taking by the Seller Representative of any and all actions and the making of any decisions required or permitted to be taken by the Seller Representative under Section 2.2 or Article 7. The power of attorney granted in this Section 8.1 is coupled with an interest and is irrevocable, may be delegated by the Seller Representative and shall survive the death or incapacity of each Seller. No bond shall be required of the Seller Representative, and the Seller Representative shall receive no compensation for his services.

Appears in 1 contract

Samples: Collaboration Agreement (Pdi Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.