Common use of Successor Representative Clause in Contracts

Successor Representative. (a) The Representative and any successor Representative may resign and be discharged from its duties under this Agreement at any time by giving written notice thereof to the Company, specifying a date when such resignation shall take effect, which notice shall be sent at least thirty (30) days before the date so specified.

Appears in 3 contracts

Samples: Contingent Value Rights Agreement (Cellect Biotechnology Ltd.), Contingent Value Rights Agreement (Cellect Biotechnology Ltd.), Contingent Value Rights Agreement (Cellect Biotechnology Ltd.)

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Successor Representative. (a) The Representative and any successor Member Representative may at any time resign and be discharged from its of the duties under this Agreement at any time imposed hereunder by giving written notice thereof to the CompanyParent, specifying a date when such resignation shall take effect, which notice shall be sent Escrow Agent and the Members at least thirty (30) business days before prior to the date so specifiedspecified for such resignation to take effect, in which case, upon the effective date of such resignation. The Member Representative shall have no liability for any claims by any of the Members, except in the event of the Member Representative’s willful misconduct.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Bimini Mortgage Management Inc)

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