Shareholders' Agent definition

Shareholders' Agent has the meaning set forth in Section 9.7(a).

Shareholders' Agent has the meaning set forth in the introductory paragraphs to this Agreement.

Shareholders' Agent shall have the meaning specified in Section 8.9 of the Agreement.

Examples of Shareholders' Agent in a sentence

• No bond shall be required of the Shareholders' Agent, and the Shareholders' Agent shall receive no compensation for his services.

• If the Shareholders' Agent and Acquiror should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and shall be furnished to the Escrow Agent.

• The Shareholders' Agent hereby accepts such authorization and appointment.

• If the Shareholders' Agent and Parent should so agree, a memorandum setting forth such agreement shall be prepared and signed by both parties and shall be furnished to the Escrow Agent.

• The Escrow Agent and Acquiror are hereby relieved from any liability to any person for any acts done by them in accordance with such decision, act, consent or instruction of the Shareholders' Agent.

More Definitions of Shareholders' Agent

Shareholders' Agent means Dennxx Xxxxxxxxxxx (xx the substituted agent described in Section 9.14) acting as agent for the Shareholders pursuant to Section 9.14.

Shareholders' Agent means the agent for and on behalf of the Closing Company Shareholders to: (i) give and receive notices and communications to or from Acquiror (on behalf of itself of any other Indemnified Person) relating to this Agreement or any of the transactions and other matters contemplated hereby or thereby (except to the extent that this Agreement expressly contemplates that any such notice or communication shall be given or received by such shareholders individually); (ii) enter into this Agreement, the General Escrow Agreement and the Separate Escrow Agreement and authorize deliveries to the Indemnified Persons of cash from the Escrow Fund in satisfaction of claims asserted by Acquiror (on behalf of itself or any other Indemnified Person, including by not objecting to such claims); (iii) object to such claims pursuant to Section 9.6, (iv) consent or agree to, negotiate, enter into, or, if applicable, prosecute or defend, settlements and compromises of, and comply with orders of courts with respect to, such claims; (v) provide any consents hereunder, including with respect to any proposed settlement of any claims or agree to any amendment to this Agreement, and (vi) take all actions necessary or appropriate in the judgment of the Shareholders’ Agent for the accomplishment of the foregoing, in each case without having to seek or obtain the consent of any Person under any circumstance. The Person serving as the Shareholders’ Agent may be replaced from time to time by the holders of a majority in interest of the cash then on deposit in the Escrow Fund upon not less than ten days’ prior written notice to Acquiror and the Person serving as the Shareholders’ Agent; provided, however, that any person serving as the Shareholders’ Agent shall not be an employee of Acquiror or any subsidiary thereof. The Shareholders’ Agent shall have the right to resign upon giving ten days’ prior written notice to Acquiror, and a new Person shall be appointed by the holders of a majority in interest of the cash then on deposit in the Escrow Fund, subject to the limitation hereinabove, such appointment to be effective the later of (A) immediately upon resignation of the prior Shareholders’ Agent or (B) the date the Shareholders’ Agent is appointed by the holders of a majority in interest of the cash then on deposit in the Escrow Fund. No bond shall be required of the Shareholders’ Agent, and the Shareholders’ Agent shall receive no compensation for his services.

Shareholders' Agent shall have the meaning given in Section 15 of this Agreement.

Shareholders' Agent means Xxxxx X. Xxxxx, or such other person appointed as the agent and representative of the shareholders of PFMI with respect to the Transaction under a Shareholders Agent Agreement.

Shareholders' Agent has the meaning assigned to it in the Preamble.

Shareholders' Agent shall have the meaning specified in Section 8.09(a).

Shareholders' Agent has the meaning set forth in Section 15.12.