Common use of Actions Binding Clause in Contracts

Actions Binding. All decisions and actions by the Shareholder Representative will be binding upon each holder of Company Common Stock (including each Indemnifying Member) and no holder of Company Common Stock will have the right to object, dissent, protest or otherwise contest the same. Parent will be able to rely conclusively on the written instructions of the Shareholder Representative as to such decisions and actions taken by the Shareholder Representative hereunder.

Appears in 2 contracts

Sources: Merger Agreement (Welsh Carson Anderson & Stowe Ix Lp), Merger Agreement (Universal American Financial Corp)