Common use of Shareholder Action Clause in Contracts

Shareholder Action. The Company shall be entitled to rely upon any written notice, designation, or instruction signed by Apollo Capital Management II, Inc. and BCP (the "REPRESENTATIVES") as a notice, designation or instruction of all Shareholders and the Company shall not be liable to any Shareholder if the Company acts in accordance with and relies upon such writing. In that regard, each of the Shareholders acknowledges that the Representatives have full power and authority to act on their behalf.

Appears in 3 contracts

Samples: Shareholders Agreement (Blackstone Capital Partners Ii Merchant Banking Fund Et Al), Shareholders Agreement (Blackstone Capital Partners Ii Merchant Banking Fund Et Al), Registration Rights Agreement (Blackstone Capital Partners Ii Merchant Banking Fund Et Al)

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Shareholder Action. The Company shall be entitled to rely upon any written notice, designation, or instruction signed by Apollo Capital Management II, Inc. and BCP (the "REPRESENTATIVESRepresentatives") as a notice, designation or instruction of all Shareholders and the Company shall not be liable to any Shareholder if the Company acts in accordance with and relies upon such writing. In that regard, each of the Shareholders acknowledges that the Representatives have full power and authority to act on their behalf.

Appears in 2 contracts

Samples: Shareholders Agreement (Allied Waste Industries Inc), Registration Rights Agreement (Allied Waste Industries Inc)

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Shareholder Action. The Company shall be entitled to rely upon any written notice, designation, or instruction signed by Apollo Capital Management II, Inc. and BCP (the "REPRESENTATIVESRepresentatives") as a notice, designation or instruction of all Shareholders and the Company shall not be liable to any Shareholder if the Company acts in accordance with and relies upon such writing. In that regard, each of -30- 31 the Shareholders acknowledges that the Representatives have full power and authority to act on their behalf.

Appears in 1 contract

Samples: Shareholders Agreement (Allied Waste Industries Inc)

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