Replacement Representative definition
Examples of Replacement Representative in a sentence
The Replacement Representative shall always keep information provided by the Servicing Representative strictly confidential and shall not disclose all or part of this confidential information to anyone except to an authorized Representative requesting this confidential information for purposes in accordance with this Agreement.
Parent, Representative and the Replacement Representative shall cooperate in all respects with the Escrow Agent in documenting such transfer and in effectuating the result intended to be accomplished thereby.
The Replacement Representative may terminate this Agreement by providing reasonable advance written notice to the Servicing Representative.
Any Replacement Representative shall qualify as an “independent director” pursuant to the Nasdaq Listing Rules as confirmed by the Company’s outside legal counsel.
Reference is made to the Designation dated the date hereof and delivered pursuant to Section 5.14 of the Intercreditor Agreement (the “Designation”), under which [Name of the Replacement Representative], in its capacity as the [collateral agent] under the Replacement [Entegris][Versum] Credit Agreement identified in such Designation (in such capacity, the “New Representative”), is identified as the Replacement Representative in respect of the Replacement [Entegris][Versum] Credit Agreement.
In order for an Additional First Lien Representative and Additional First Lien Collateral Agent (including, in the case of a Replacement Credit Agreement, the Replacement Representative and the Replacement Collateral Agent in respect thereof) to become a party to this Agreement, a.
Upon his or her appointment to the Board, such Replacement Representative shall be deemed to be an Investor Representative for all purposes under this Agreement.
Note: The Parties should negotiate in advance the amount to be paid to the Servicing Representative in the event of clients wishing to maintain a business relationship with the Replacement Representative upon the return of the Servicing Representative.
Note: This section should set out the responsibilities and functions of the Servicing Representative, such as notifying his or her Branch/Regional Branch Manager that clients will be served by another Representative, countersigning account application forms and reports of transactions processed by the Replacement Representative upon his or her return, etc.
This Representative Joinder Agreement shall become effective when each other Representative shall have received a counterpart of this Representative Joinder Agreement that bears the signature of the Replacement Representative.