Examples of SEG I in a sentence
SEG II, by the execution of this Agreement, acknowledges that Buyer, each member of the Buyer Group and any other Person is entitled to solely interact with, and rely on any and all actions taken by, SEG I acting pursuant to its authority granted under this Section 15.18 without any liability to, or obligation to inquire of, SEG II.
SEG II, by executing this Agreement, irrevocably constitutes and appoints SEG I and its successors, acting as provided in this Agreement, as SEG II’s attorney-in-fact to act on behalf of SEG II in connection with the authority granted to SEG I under this Section 15.18 and acknowledges that such appointment is coupled with an interest.
This Purchase and Sale Agreement (“Agreement”), dated March 31, 2021 (the “Execution Date”), is by and among SEG-TRD LLC, a Delaware limited liability company, (“SEG I”) and SEG-TRD II LLC, a Delaware limited liability company (“SEG II” and together with SEG I, both individually and collectively, “Seller”), and Earthstone Energy Holdings, LLC, a Delaware limited liability company (the “Buyer”), and Earthstone Energy, Inc., a Delaware corporation (“Earthstone”).
SEG II, by such appointment, (a) authorizes SEG I subsequent to the Execution Date to act on SEG II’s behalf with respect to any and all matters contemplated by this Agreement, and (b) is bound by all agreements and determinations made by, and documents executed and delivered, by SEG I pursuant to the authority granted to SEG I under this Section 15.18.