Common use of Actions of the Agent Clause in Contracts

Actions of the Agent. A decision, act, consent or instruction of the Agent shall constitute a decision of all the stockholders for whom a portion of the Escrow Amount otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such stockholders, and the Escrow Agent and FV may rely upon any such decision, act, consent or instruction of the Agent as being the decision, act, consent or instruction of each every such stockholder of EPub. The Escrow Agent and FV 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 Agent.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (First Virtual Holdings Inc), N Agreement and Plan of Reorganization (Softbank Holdings Inc Et Al)

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Actions of the Agent. A decision, act, consent or instruction of the Agent shall constitute a decision of all the stockholders shareholders for whom a portion of the Escrow Amount otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such stockholdersshareholders, and the Escrow Agent and FV Aspec may rely upon any such decision, act, consent or instruction of the Agent as being the decision, act, consent or instruction of each every such stockholder shareholder of EPubInbox. The Escrow Agent and FV Aspec 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 Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Aspec Technology Inc)

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Actions of the Agent. A decision, act, consent or instruction of the Agent shall constitute a decision of all the stockholders shareholders for whom a portion of the Escrow Amount otherwise issuable to them are deposited in the Escrow Fund and shall be final, binding and conclusive upon each of such stockholdersshareholders, and the Escrow Agent and FV ISSI may rely upon any such decision, act, consent or instruction of the Agent as being the decision, act, consent or instruction of each every such stockholder shareholder of EPubNexcom. The Escrow Agent and FV ISSI 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 Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Integrated Silicon Solution Inc)

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