Common use of Actions of the Stockholders’ Representative Clause in Contracts

Actions of the Stockholders’ Representative. Any decision, act, consent or instruction of the Stockholders Representative shall constitute a decision of all Stockholders and shall be final, binding and conclusive upon each Stockholder, and the Corporation may rely upon any decision, act, consent or instruction of the Stockholders Representative as being the decision, act, consent or instruction of each Stockholder. The Corporation is hereby relieved from any liability to any Person for any acts done by the Corporation in accordance with any such decision, act, consent or instruction of the Stockholders Representative.

Appears in 4 contracts

Samples: Income Tax Receivable Agreement (Surgery Partners, Inc.), Reorganization Agreement (Surgery Partners, Inc.), Income Tax Receivable Agreement (Surgery Partners, Inc.)

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Actions of the Stockholders’ Representative. Any For the purposes of this Agreement, any decision, act, consent or instruction of the Stockholders Stockholders’ Representative shall constitute a decision of all Stockholders Sellers and shall be final, binding and conclusive upon each StockholderSeller, and the Corporation Company may rely upon any decision, act, consent or instruction of the Stockholders Stockholders’ Representative as being the decision, act, consent or instruction of each StockholderSeller. The Corporation is hereby relieved from any liability to any Person for any acts done by the Corporation in accordance with any such decision, act, consent or instruction Section 9.14 (Stockholders’ Representative) of the Stockholders RepresentativeMerger Agreement applies to this Agreement mutatis mutandis.

Appears in 2 contracts

Samples: Tax Receivable Agreement (Agiliti, Inc. \De), Agreement and Plan of Merger (Federal Street Acquisition Corp.)

Actions of the Stockholders’ Representative. Any A decision, act, consent or instruction of the Stockholders Stockholders’ Representative shall constitute a decision of all Indemnifying Stockholders with respect to the matters set forth herein and shall be final, binding and conclusive upon each such Indemnifying Stockholder, and the Corporation Purchaser may rely upon any decision, act, consent or instruction of the Stockholders Stockholders’ Representative as being the decision, act, consent or instruction of each and every such Indemnifying Stockholder. The Corporation Purchaser is hereby relieved from any liability to any Person for any acts done by the Corporation them in accordance with any such decision, act, consent or instruction of the Stockholders Stockholders’ Representative.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Agrify Corp), Agreement and Plan of Merger (Agrify Corp)

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Actions of the Stockholders’ Representative. Any decision, act, consent or instruction of the Stockholders Representative shall constitute a decision of all Stockholders and shall be final, binding and conclusive upon each Stockholder, and the Corporation Corporate Taxpayer may rely upon any decision, act, consent or instruction of the Stockholders Representative as being the decision, act, consent or instruction of each Stockholder. The Corporation Corporate Taxpayer is hereby relieved from any liability to any Person for any acts done by the Corporation Corporate Taxpayer in accordance with any such decision, act, consent or instruction of the Stockholders Representative.

Appears in 1 contract

Samples: Tax Receivable Agreement (Amplify Snack Brands, INC)

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