Common use of Seller Representative Clause in Contracts

Seller Representative. A decision, act, consent or instruction of the Seller Representative under this Article 2 shall constitute a decision of all Sellers and shall be final, binding and conclusive upon each Seller, and the other Parties may rely upon any decision, act, consent or instruction of the Seller Representative under this Article 2 as being the decision, act, consent or instruction of each and every Seller. The other Parties are hereby relieved from any liability to any Person (including Sellers and their respective Affiliates) for any acts done by it in accordance with such decision, act, consent or instruction of the Seller Representative. Notices or communications to or from the Seller Representative shall constitute notice to or from each Seller for purposes of this Investor Rights Agreement. All acts of the Seller Representative under this Article 2 in its capacity as such shall be deemed to be acts on behalf of Sellers. The service by the Seller Representative shall be without compensation. Each Seller hereby consents and agrees to all actions or inactions taken or omitted to be taken in good faith by the Seller Representative under this Investor Rights Agreement and hereby agrees to indemnify and hold harmless, jointly and severally, the Seller Representative from and against all damages, losses, liabilities, charges, penalties, costs and expenses (including court costs and legal fees and expenses) incurred or suffered by the Seller Representative acting in such capacity, provided that the Seller Representative was acting in good faith.

Seller Representative. A decision▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ shall act as agent and attorney-in-fact to act on behalf of the Sellers as provided herein (the "Seller Representative"). If more than one Person acts as the Seller Representative, acta decision of a majority of such Persons shall be conclusive. In the event of the death, consent disability or instruction resignation of a Seller Representative, a successor may be appointed by a majority in interest of the Sellers. The Seller Representative shall have no obligations or duties except as expressly set forth herein and in connection with such duties shall have the power to take any and all actions which the Seller Representative under this Article 2 shall constitute a decision of all Sellers and shall be final, binding and conclusive upon each Seller, and believes are necessary or appropriate or in the other Parties may rely upon any decision, act, consent or instruction best interests of the Sellers, as fully as if each such Seller Representative under this Article 2 as being the decisionwas acting on its, act, consent his or instruction of each and every Sellerher own behalf. The other Parties are hereby relieved from authority granted hereunder is deemed to be coupled with an interest. The death or incapacity of any liability to any Person (including Sellers Seller shall not terminate the authority and their respective Affiliates) for any acts done by it in accordance with such decision, act, consent or instruction agency of the Seller Representative. Notices or communications Buyer shall have the right to or from the Seller Representative shall constitute notice to or from each Seller for purposes of this Investor Rights Agreement. All acts of the Seller Representative under this Article 2 in its capacity as such shall be deemed to be acts rely on behalf of Sellers. The service by the Seller Representative shall be without compensation. Each Seller hereby consents and agrees to all any actions or inactions taken or omitted to be taken by the Seller Representative, without the need for any inquiry, and any such actions or omissions shall be binding upon each of the Sellers. The Seller Representative shall incur no Liability, loss, damage or expense as a result of any action taken in good faith by the Seller Representative under this Investor Rights Agreement and hereby agrees to indemnify and hold harmlesshereunder, jointly and severally, the Seller Representative from and against all damages, losses, liabilities, charges, penalties, costs and expenses (including court costs and any legal fees and expenses) incurred or suffered by the Seller Representative acting in such capacity, provided that the Seller Representative was acting in good faith.