{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "of-the-sellers", "type": "clause", "offset": [9, 23]}, {"key": "as-seller", "type": "clause", "offset": [51, 60]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [88, 107]}, {"key": "to-act", "type": "definition", "offset": [220, 226]}, {"key": "with-respect-to", "type": "clause", "offset": [248, 263]}, {"key": "arising-under-this-agreement", "type": "definition", "offset": [276, 304]}, {"key": "notice-to", "type": "clause", "offset": [356, 365]}, {"key": "action-to-be-taken", "type": "clause", "offset": [394, 412]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [478, 496]}, {"key": "on-behalf-of", "type": "clause", "offset": [506, 518]}, {"key": "claims-made", "type": "clause", "offset": [535, 546]}, {"key": "by-buyer", "type": "clause", "offset": [547, 555]}, {"key": "indemnification-proceedings", "type": "clause", "offset": [614, 641]}, {"key": "section-123", "type": "clause", "offset": [648, 660]}, {"key": "in-accordance-with", "type": "definition", "offset": [698, 716]}, {"key": "section-136", "type": "clause", "offset": [717, 729]}, {"key": "but-excluding", "type": "clause", "offset": [731, 744]}, {"key": "each-seller", "type": "clause", "offset": [851, 862]}, {"key": "agrees-to", "type": "clause", "offset": [870, 879]}, {"key": "notices-sent", "type": "clause", "offset": [904, 916]}, {"key": "actions-taken", "type": "clause", "offset": [921, 934]}, {"key": "and-notices", "type": "clause", "offset": [936, 947]}, {"key": "not-sent", "type": "definition", "offset": [948, 956]}, {"key": "by-the-sellers", "type": "clause", "offset": [980, 994]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1032, 1058]}, {"key": "for-any-reason", "type": "clause", "offset": [1063, 1077]}, {"key": "holders-of", "type": "clause", "offset": [1186, 1196]}, {"key": "a-majority-in-interest", "type": "clause", "offset": [1197, 1219]}, {"key": "the-interests", "type": "clause", "offset": [1223, 1236]}, {"key": "the-initial-closing", "type": "clause", "offset": [1264, 1283]}, {"key": "buyer-shall", "type": "clause", "offset": [1337, 1348]}, {"key": "entitled-to-rely", "type": "clause", "offset": [1352, 1368]}, {"key": "executed-by", "type": "clause", "offset": [1426, 1437]}, {"key": "action-taken", "type": "definition", "offset": [1523, 1535]}, {"key": "the-actions", "type": "clause", "offset": [1566, 1577]}, {"key": "notices-or-communications", "type": "clause", "offset": [1718, 1743]}, {"key": "individual-capacity", "type": "definition", "offset": [1787, 1806]}, {"key": "contrary-to", "type": "definition", "offset": [1817, 1828]}, {"key": "notice-or-communication", "type": "clause", "offset": [1831, 1854]}, {"key": "to-exercise", "type": "clause", "offset": [1981, 1992]}, {"key": "act-or-omission", "type": "definition", "offset": [2244, 2259]}, {"key": "in-connection-with", "type": "clause", "offset": [2294, 2312]}, {"key": "gross-negligence-or-willful-misconduct", "type": "clause", "offset": [2369, 2407]}, {"key": "advice-of-counsel", "type": "clause", "offset": [2479, 2496]}, {"key": "public-accountants", "type": "definition", "offset": [2498, 2516]}, {"key": "independent-experts", "type": "definition", "offset": [2526, 2545]}, {"key": "pursuant-to-such", "type": "clause", "offset": [2664, 2680]}, {"key": "in-no-event", "type": "clause", "offset": [2694, 2705]}, {"key": "to-the-sellers", "type": "clause", "offset": [2890, 2904]}, {"key": "subsequent-closing", "type": "clause", "offset": [2981, 2999]}, {"key": "termination-of-this-agreement", "type": "clause", "offset": [3011, 3040]}], "samples": [{"hash": "2Q2oFS6szgQ", "uri": "/contracts/2Q2oFS6szgQ#sellers-representative", "label": "Membership Interest Purchase Agreement (FVA Ventures, Inc.)", "score": 23.7104721069, "published": true}, {"hash": "2IWAoHpQi0G", "uri": "/contracts/2IWAoHpQi0G#sellers-representative", "label": "Membership Interest Purchase Agreement (FVA Ventures, Inc.)", "score": 23.6584529877, "published": true}, {"hash": "d3TNkYQwxwO", "uri": "/contracts/d3TNkYQwxwO#sellers-representative", "label": "Membership Interest Purchase Agreement (FVA Ventures, Inc.)", "score": 23.6228618622, "published": true}], "snippet": "(a) Each of the Sellers hereby appoints \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 as Seller\u2019s Representative hereunder for the purposes of representing his or its individual interests. Each of the Sellers hereby authorizes the Sellers\u2019 Representative to act on his or its behalf with respect to all matters arising under this Agreement requiring or contemplating the possibility of some notice to be sent to or from, or some action to be taken by, the Sellers, including acting as the Sellers\u2019 representative for the purpose of settling on behalf of the Sellers any claims made by Buyer under Section 12.1(a)(i), representing the Sellers in any indemnification proceedings under Section 12.3, approving any waivers or amendments in accordance with Section 13.6, but excluding the settling of any claims made by Buyer under Section 12.1(a)(ii) against a Seller. Except as aforesaid, each Seller hereby agrees to be bound by any and all notices sent and actions taken (and notices not sent and actions not taken) by the Sellers\u2019 Representative on his or its behalf pursuant to this Agreement. If for any reason the Sellers\u2019 Representative shall be unable to perform its duties hereunder as Sellers\u2019 Representative, the holders of a majority in interest of the Interests owned immediately prior to the Initial Closing shall appoint a replacement Sellers\u2019 Representative. Buyer shall be entitled to rely exclusively upon any communications or writings given or executed by the Sellers\u2019 Representative and shall not be liable in any manner whatsoever for any action taken or not taken in reliance upon the actions taken or not taken or communications or writings given or executed by the Sellers\u2019 Representative. Buyer shall be entitled to disregard any notices or communications given or made by any Seller, in his or its individual capacity, which is contrary to a notice or communication given or made by the Sellers\u2019 Representative.\n(b) In performing his duties under this Agreement, and in exercising or failing to exercise all or any of the powers conferred upon the Sellers\u2019 Representative hereunder or thereunder, (i) the Sellers\u2019 Representative shall not assume any, and shall incur no, responsibility whatsoever to any Seller by reason of any error in judgment or other act or omission performed or omitted hereunder or in connection with this Agreement, unless by the Sellers\u2019 Representative\u2019s gross negligence or willful misconduct, and (ii) the Sellers\u2019 Representative shall be entitled to rely on the advice of counsel, public accountants or other independent experts experienced in the matter at issue, and any error in judgment or other act or omission of the Sellers\u2019 Representative pursuant to such advice shall in no event subject the Sellers\u2019 Representative to liability to any Seller unless by the Sellers\u2019 Representative\u2019s gross negligence or willful misconduct. All of the immunities and powers granted to the Sellers\u2019 Representative under this Agreement shall survive the Initial Closing, any Subsequent Closing and/or any termination of this Agreement.", "size": 446, "hash": "e70ad7bb324144022a2b411ad446763c", "id": 1}, {"snippet_links": [{"key": "execution-of-this-agreement", "type": "clause", "offset": [3, 30]}, {"key": "the-attorney", "type": "clause", "offset": [177, 189]}, {"key": "for-and-on-behalf-of", "type": "clause", "offset": [198, 218]}, {"key": "by-the-sellers", "type": "clause", "offset": [275, 289]}, {"key": "all-actions", "type": "clause", "offset": [317, 328]}, {"key": "agreement-or", "type": "definition", "offset": [427, 439]}, {"key": "a-party", "type": "clause", "offset": [491, 498]}, {"key": "in-all-respects", "type": "clause", "offset": [534, 549]}, {"key": "including-without-limitation", "type": "clause", "offset": [551, 579]}, {"key": "exercise-of-the", "type": "clause", "offset": [584, 599]}, {"key": "to-sellers", 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"clause", "offset": [1308, 1320]}, {"key": "other-transaction-documents", "type": "definition", "offset": [1385, 1412]}, {"key": "rights-or-obligations", "type": "clause", "offset": [1494, 1515]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [1539, 1565]}, {"key": "actions-taken", "type": "clause", "offset": [1665, 1678]}, {"key": "in-connection-with", "type": "clause", "offset": [1710, 1728]}, {"key": "buyer-shall", "type": "clause", "offset": [1830, 1841]}, {"key": "written-communication", "type": "definition", "offset": [1886, 1907]}, {"key": "signed-by-the", "type": "clause", "offset": [1908, 1921]}, {"key": "each-seller", "type": "clause", "offset": [1947, 1958]}, {"key": "arbitration-proceedings", "type": "clause", "offset": [2111, 2134]}, {"key": "state-or-local-agency", "type": "definition", "offset": [2178, 2199]}, {"key": "legal-action-against", "type": "clause", "offset": [2446, 2466]}, {"key": "agrees-to", "type": "clause", "offset": [2508, 2517]}, {"key": "of-sellers", "type": "clause", "offset": [2574, 2584]}, {"key": "reasonable-costs", "type": "clause", "offset": [2630, 2646]}, {"key": "reasonable-fees", "type": "definition", "offset": [2693, 2708]}, {"key": "and-other-charges", "type": "clause", "offset": [2724, 2741]}, {"key": "by-sellers", "type": "clause", "offset": [2764, 2774]}, {"key": "monetary-judgment", "type": "clause", "offset": [2851, 2868]}, {"key": "at-any-time", "type": "clause", "offset": [2969, 2980]}, {"key": "notice-to-the-sellers", "type": "clause", "offset": [3002, 3023]}], "samples": [{"hash": "gZCeLZ2gsTz", "uri": "/contracts/gZCeLZ2gsTz#sellers-representative", "label": "Stock Purchase Agreement (Osmotica Pharmaceuticals PLC)", "score": 29.7008895874, "published": true}, {"hash": "bKKIOt4pu3S", "uri": "/contracts/bKKIOt4pu3S#sellers-representative", "label": "Stock Purchase Agreement (Osmotica Pharmaceuticals LTD)", "score": 29.6379184723, "published": true}, {"hash": "aqqagzftvSY", "uri": "/contracts/aqqagzftvSY#sellers-representative", "label": "Stock Purchase Agreement (Osmotica Pharmaceuticals LTD)", "score": 29.5284061432, "published": true}], "snippet": "By execution of this Agreement, the Sellers hereby irrevocably and unconditionally appoint Nephron Pharmaceuticals Corporation as the Sellers\u2019 Representative of all Sellers, as the attorney-in-fact for and on behalf of each such Seller, and irrevocably agree that the taking by the Sellers\u2019 Representative of any and all actions and the making of any decisions required or permitted to be taken by it or by a Seller under this Agreement or any Transaction Documents to which the Sellers are a party are hereby authorized and approved in all respects, including without limitation the exercise of the power to (i) receive from Buyer and disburse to Sellers any payments constituting any part of the Purchase Price and receive and disburse from and to any Party or any Third Party which may be contemplated to be made under the Transaction Documents, (ii) agree to, negotiate, enter into settlements and compromises of and comply with orders of courts with respect to any indemnification claims or disputes, (iii) resolve any indemnification claims or disputes, and (iv) take all actions necessary in the judgment of the Sellers\u2019 Representative for the accomplishment of the other terms, conditions and limitations of this Agreement and the Transaction Documents. The Sellers\u2019 Representative has authority and power to act on behalf of the Sellers with respect to this Agreement and the other Transaction Documents and the disposition, settlement or other handling of all indemnification claims, rights or obligations arising from and taken pursuant to this Agreement and the other Transaction Documents. The Sellers irrevocably agree to be bound by all and any such actions taken by the Sellers\u2019 Representative in connection with this Agreement and the other Transaction Documents to which the Sellers are a party, and Sellers and Buyer shall only be required to acknowledge or act upon written communication signed by the Sellers\u2019 Representative. Each Seller agrees that he, she or it has not, and will not, threaten or commence or join any legal action, which term includes, without limitation, any demand for arbitration proceedings and any complaint to any foreign, federal, state or local agency, court or other tribunal, to assert any claim against the Sellers\u2019 Representative or its advisors for acting in such capacity with respect to this Agreement or the other Transaction Documents. If any Seller commences or joins any such prohibited legal action against the Sellers\u2019 Representative, such Seller agrees to promptly indemnify Sellers\u2019 Representative and advisers of Sellers\u2019 Representative for all losses, liabilities, reasonable costs or expenses, including without limitation all reasonable fees, disbursements and other charges of attorneys incurred by Sellers\u2019 Representative and/or its advisers in defending such action as well as any monetary judgment obtained against the Sellers\u2019 Representative in such action. The Sellers\u2019 Representative may resign at any time upon 30 days written notice to the Sellers.", "size": 191, "hash": "63544d889413a68fd9aeaebd9ae51712", "id": 2}, {"snippet_links": [{"key": "effective-as-of-the", "type": "clause", "offset": [4, 23]}, {"key": "date-hereof", "type": "clause", "offset": [24, 35]}, {"key": "fund-2", "type": "definition", "offset": [45, 51]}, {"key": "holdco-llc", "type": "definition", "offset": [52, 62]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [131, 161]}, {"key": "the-representative", "type": "clause", "offset": [208, 226]}, {"key": "lawful-agent", "type": "clause", "offset": [237, 249]}, {"key": "the-company-shareholders", "type": "clause", "offset": [281, 305]}, {"key": "all-purposes", "type": "definition", "offset": [310, 322]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [342, 362]}, {"key": "paying-agent-agreement", "type": "definition", "offset": [368, 390]}, {"key": "related-agreement", "type": "clause", "offset": [405, 422]}, {"key": "full-power-and-authority", "type": "clause", "offset": [429, 453]}, {"key": "powers-and-authority", "type": "clause", "offset": [522, 542]}, {"key": "the-functions", "type": "definition", "offset": [588, 601]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [694, 741]}, {"key": "in-connection-with", "type": "clause", "offset": [831, 849]}, {"key": "performance-of-this-agreement", "type": "clause", "offset": [870, 899]}, {"key": "funds-received", "type": "clause", "offset": [946, 960]}, {"key": "agreement-or", "type": "definition", "offset": [997, 1009]}, {"key": "to-the-extent", "type": "clause", "offset": [1111, 1124]}, {"key": "in-accordance-with", "type": "definition", "offset": [1167, 1185]}, {"key": "the-terms", "type": "clause", "offset": [1186, 1195]}, {"key": "execute-and-deliver", "type": "clause", "offset": [1209, 1228]}, {"key": "letter-of-transmittal", "type": "clause", "offset": [1258, 1279]}, {"key": "further-instruments", "type": "definition", "offset": [1289, 1308]}, {"key": "all-documents", "type": "definition", "offset": [1388, 1401]}, {"key": "amendment-or-waiver", "type": "clause", "offset": [1441, 1460]}, {"key": "seller-parties", "type": "clause", "offset": [1591, 1605]}, {"key": "actions-to-be-taken", "type": "clause", "offset": [1676, 1695]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [1696, 1714]}, {"key": "disputes-under-this-agreement", "type": "clause", "offset": [1812, 1841]}, {"key": "entering-into", "type": "clause", "offset": [1853, 1866]}, {"key": "the-foregoing", "type": "definition", "offset": [1888, 1901]}, {"key": "action-by-the-sellers", "type": "clause", "offset": [1969, 1990]}, {"key": "exclusive-means", "type": "clause", "offset": [2028, 2043]}, {"key": "of-seller", "type": "clause", "offset": [2092, 2101]}, {"key": "seller-party", "type": "definition", "offset": [2118, 2130]}, {"key": "right-to-act", "type": "clause", "offset": [2145, 2157]}, {"key": "with-respect-to", "type": "clause", "offset": [2176, 2191]}, {"key": "and-exercise", "type": "clause", "offset": [2365, 2377]}, {"key": "all-rights", "type": "clause", "offset": [2386, 2396]}, {"key": "release-of-funds", "type": "clause", "offset": [2542, 2558]}, {"key": "buyer-parties", "type": "definition", "offset": [2566, 2579]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [2786, 2809]}, {"key": "principal-terms-of-the-merger", "type": "clause", "offset": [2935, 2964]}, {"key": "payable-to", "type": "definition", "offset": [3000, 3010]}, {"key": "authority-to", "type": "definition", "offset": [3093, 3105]}, {"key": "intents-and-purposes", "type": "clause", "offset": [3268, 3288]}, {"key": "no-obligation-to-act", "type": "clause", "offset": [3398, 3418]}, {"key": "behalf-of-the-company", "type": "clause", "offset": [3422, 3443]}, {"key": "coupled-with-an-interest", "type": "clause", "offset": [3518, 3542]}, {"key": "of-the-sellers", "type": "clause", "offset": [3588, 3602]}], "samples": [{"hash": "aCztXcBb0Cr", "uri": "/contracts/aCztXcBb0Cr#sellers-representative", "label": "Merger Agreement (Charles River Laboratories International, Inc.)", "score": 32.1293640137, "published": true}], "snippet": "(a) Effective as of the date hereof, Mercury Fund 2 Holdco LLC hereby is constituted and appointed as the Sellers\u2019 Representative. For purposes of this Agreement, the term \u201cSellers\u2019 Representative\u201d will mean the representative, true and lawful agent, proxy and attorney in fact of the Company Shareholders for all purposes of this Agreement, the Escrow Agreement, the Paying Agent Agreement and any other Related Agreement, with full power and authority on such Person\u2019s behalf. The Sellers\u2019 Representative will have such powers and authority as are necessary or appropriate to carry out the functions assigned to it under this Agreement and any Related Agreement, including to: (i) consummate the transactions contemplated by this Agreement, (ii) pay such Person\u2019s expenses (whether incurred on or after the date hereof) incurred in connection with the negotiation and performance of this Agreement, (iii) receive, give receipt and disburse any funds received hereunder or under the Paying Agent Agreement or under the Escrow Agreement on behalf of such Person and to holdback from disbursement any such funds to the extent it reasonably determines may be necessary in accordance with the terms hereof, (iv) execute and deliver on behalf of such Person any Letter of Transmittal and such further instruments as Buyer reasonably requests, (v) execute and deliver on behalf of such Person all documents contemplated by this Agreement and any amendment or waiver hereto or thereto or to the Paying Agent Agreement, Escrow Agreement or any other Related Agreement (which will be binding on all Seller Parties except as expressly set forth herein or therein), (vi) take all other actions to be taken by or on behalf of such Person in connection herewith, (vii) negotiate, settle, compromise and otherwise handle all disputes under this Agreement, including entering into agreements to effect the foregoing (which will be binding on all Seller Parties) (it being understood action by the Sellers\u2019 Representative will be the sole and exclusive means of asserting or addressing any claims on behalf of Seller Parties, and no Seller Party will have any right to act on its own behalf with respect to any such matters, other than any claim or dispute against the Sellers\u2019 Representative), (viii) give and receive notices on behalf of such Person, (ix) do each and every act and exercise any and all rights such Person is, or the Company Shareholders collectively are, permitted or required to do or exercise under this Agreement and (x) authorize the release of funds to the Buyer Parties under this Agreement, the Escrow Agreement and each other Related Agreement and to take all other actions or refrain from taking all other actions that may be taken by the Sellers\u2019 Representative under the terms of this Agreement, the Escrow Agreement, the Paying Agent Agreement or any other Related Agreement. The Company Shareholders, by approving the principal terms of the Merger and/or accepting the consideration payable to them hereunder, irrevocably grant unto the Sellers\u2019 Representative full power and authority to do and perform each and every act and thing necessary or desirable to be done in connection with the transactions contemplated by this Agreement, as fully to all intents and purposes as the Company Shareholders might or could do; provided, however, that the Sellers\u2019 Representative will have no obligation to act on behalf of the Company Shareholders. Each of the Company Shareholders agrees that such agency is coupled with an interest, is therefor irrevocable without the consent of the Sellers\u2019 Representative and will survive the death, incapacity or bankruptcy of any such Company Shareholder.", "size": 49, "hash": "601a6e56bc5ccc0e195fbf8862b4f547", "id": 3}, {"snippet_links": [{"key": "execution-and-delivery-of-this-agreement", "type": "clause", "offset": [11, 51]}, {"key": "each-seller", "type": "clause", "offset": [53, 64]}, {"key": "agent-and-attorney", "type": "clause", "offset": [202, 220]}, {"key": "power-of-substitution", "type": "clause", "offset": [240, 261]}, {"key": "to-act", "type": "definition", "offset": [262, 268]}, {"key": "with-respect-to", "type": "clause", "offset": [308, 323]}, {"key": "in-connection-with", "type": "clause", "offset": [327, 345]}, {"key": "litigation-or-arbitration", "type": "clause", "offset": [433, 458]}, {"key": "agreement-or", "type": "definition", "offset": [474, 486]}, {"key": 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[3172, 3197]}, {"key": "irrevocable-power-of-attorney", "type": "clause", "offset": [3219, 3248]}, {"key": "by-the-sellers", "type": "clause", "offset": [3308, 3322]}, {"key": "successors-and-assigns", "type": "clause", "offset": [3361, 3383]}, {"key": "neither-buyer", "type": "clause", "offset": [3400, 3413]}, {"key": "acts-or-omissions", "type": "clause", "offset": [3521, 3538]}, {"key": "action-taken", "type": "definition", "offset": [3597, 3609]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [3617, 3643]}, {"key": "bad-faith", "type": "definition", "offset": [3668, 3677]}, {"key": "gross-negligence-or-willful-misconduct", "type": "clause", "offset": [3686, 3724]}, {"key": "arising-out-of", "type": "definition", "offset": [3778, 3792]}, {"key": "representative-of-the-sellers", "type": "clause", "offset": [3892, 3921]}, {"key": "for-purposes-of", "type": "clause", "offset": [3939, 3954]}, {"key": "administrative-convenience", "type": "clause", "offset": [3955, 3981]}], "samples": [{"hash": "f7r3AxCvs8g", "uri": "/contracts/f7r3AxCvs8g#sellers-representative", "label": "Asset Purchase Agreement (Industrial Services of America Inc)", "score": 30.6290206909, "published": true}, {"hash": "f0NFG9PkMEj", "uri": "/contracts/f0NFG9PkMEj#sellers-representative", "label": "Asset Purchase Agreement (Industrial Services of America Inc)", "score": 30.6290206909, "published": true}], "snippet": "(a) By the execution and delivery of this Agreement, each Seller hereby irrevocably constitutes and appoints ISA, and by its signature hereto ISA hereby accepts such appointment, as its true and lawful agent and attorney-in-fact, with full power of substitution to act in each Seller\u2019s name, place and stead with respect to or in connection with this Agreement and the Transaction, and to act on each Seller\u2019s behalf in any dispute, litigation or arbitration involving this Agreement or the Transaction, and to do or refrain from doing all such further acts and things, and execute all such documents, as ISA shall deem necessary or appropriate in connection with this Agreement or the Transaction, including the power:\n(i) to execute and deliver all ancillary agreements, certificates and documents, and to make representations and warranties therein, on behalf of each Seller that ISA deems necessary or appropriate in connection with the consummation of the Transaction;\n(ii) to do or refrain from doing any further act or deed on behalf of each Seller that ISA deems necessary or appropriate in its sole discretion relating to the subject matter of this Agreement and the Transaction, as fully and completely as such Seller could do if present, including make any determination pursuant to Sections 2.06, and take any action pursuant to Article IX (and to negotiate, enter into settlements and compromises of, and comply with orders of courts and awards of arbitrators with respect to such claims); and\n(iii) to retain legal counsel, accountants, consultants and other experts at the expense of the Sellers, and incur any other reasonable expenses (which shall be for the account of the Sellers), in connection with all matters and things set forth or necessary with respect to this Agreement and the Transaction and to take all actions reasonably necessary or appropriate in the good faith judgment of ISA for the accomplishment of any or all of the foregoing.\n(b) The appointment of ISA as agent of the Sellers shall be deemed coupled with an interest and shall be irrevocable and Buyer, its Affiliates and any other Person may conclusively and absolutely rely, without inquiry, upon any action of ISA on behalf of the Sellers (or any one of them) in all matters related to or in connection with this Agreement and the Transaction. All notices delivered by Buyer to ISA (whether pursuant hereto or otherwise) for the benefit of the Sellers (or any one of them) shall constitute notice to the Sellers. ISA shall act for the Sellers on all matters set forth in this Agreement in the manner ISA believes in its sole discretion to be in the best interest of the Sellers and consistent with its obligations under this Agreement.\n(c) All actions, decisions and instructions of ISA taken, made or given pursuant to the authority granted to ISA pursuant to this Section 2.07 shall be conclusive and binding upon the Sellers, the Sellers shall not have the right to object, dissent, protest or otherwise contest the same, and Buyer shall be entitled to conclusively rely on any and all such actions, decisions and instructions of ISA. The provisions of this Section 2.07 are independent and severable, shall constitute an irrevocable power of attorney coupled with an interest and surviving Bankruptcy, granted by the Sellers to ISA, and shall be binding upon the successors and assigns of the Sellers. Neither Buyer nor any of its Affiliates shall have any liability or obligation with respect to or in connection with the acts or omissions of ISA.\n(d) ISA shall not be liable to any Seller for any action taken by ISA pursuant to this Agreement unless ISA has acted in bad faith or with gross negligence or willful misconduct, and the Sellers shall indemnify ISA from any losses arising out of or relating to ISA serving as Sellers\u2019 representative hereunder. ISA is serving in the capacity as representative of the Sellers hereunder solely for purposes of administrative convenience.", "size": 38, "hash": "d2c63edaa0db0da3d4425830d690a80c", "id": 4}, {"snippet_links": [{"key": "the-seller-shall", "type": "clause", "offset": [7, 23]}, {"key": "signature-date", "type": "clause", "offset": [41, 55]}, {"key": "expiry-date", "type": "clause", "offset": [66, 77]}, {"key": "an-individual", "type": "clause", "offset": [79, 92]}, {"key": "to-the-buyer", "type": "clause", "offset": [158, 170]}, {"key": "to-act", "type": "definition", "offset": [171, 177]}, {"key": "duly-authorized-representative", "type": "definition", "offset": [194, 224]}, {"key": "all-purposes", "type": "definition", "offset": [229, 241]}, {"key": "this-agreement", "type": "clause", "offset": [257, 271]}, {"key": "notify-the", "type": "clause", "offset": [290, 300]}, {"key": "in-writing", "type": "definition", "offset": [307, 317]}, {"key": "of-the-seller", "type": "clause", "offset": [361, 374]}, {"key": "any-notice", "type": "definition", "offset": [477, 487]}, {"key": "information-required", "type": "clause", "offset": [504, 524]}, {"key": "to-the-seller", "type": "definition", "offset": [548, 561]}, {"key": "by-the-seller", "type": "clause", "offset": [591, 604]}], "samples": [{"hash": "gVADYdWNMDt", "uri": "/contracts/gVADYdWNMDt#sellers-representative", "label": "Power Purchase Agreement", "score": 23.6283359528, "published": true}, {"hash": "cHi6yr4jrkw", "uri": "/contracts/cHi6yr4jrkw#sellers-representative", "label": "Power Purchase Agreement", "score": 23.6283359528, "published": true}, {"hash": "bJwa7HYtWnQ", "uri": "/contracts/bJwa7HYtWnQ#sellers-representative", "label": "Power Purchase Agreement", "score": 23.6283359528, "published": true}], "snippet": "35.2.1 The Seller shall appoint from the Signature Date until the Expiry Date, an individual (the \"Seller\u2019s Representative\") whose identity shall be notified to the Buyer to act as the Seller\u2019s duly authorized representative for all purposes connected with this Agreement. The Seller shall notify the Buyer in writing forthwith upon the replacement at any time of the Seller\u2019s Representative and such replacement shall not be effective until such notice has been given.\n35.2.2 Any notice, instruction or information required to be given by or made to the Seller shall only be valid if given by the Seller\u2019s Representative or delivered to the Seller\u2019s Representative.", "size": 15, "hash": "cfe34e7803fb9aeb7ad9530273f2fe9f", "id": 8}, {"snippet_links": [{"key": "party-to-this-agreement", "type": "definition", "offset": [35, 58]}, {"key": "the-fund", "type": "clause", "offset": [70, 78]}, {"key": "representative-of-the-sellers", "type": "clause", "offset": [151, 180]}, {"key": "to-act", "type": "definition", "offset": [181, 187]}, {"key": "all-purposes", "type": "definition", "offset": [208, 220]}, {"key": "in-connection-with", "type": "clause", "offset": [230, 248]}, {"key": "the-transaction-documents", "type": "clause", "offset": [268, 293]}, 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"Second Deed of Amendment to the Share Purchase Agreement (Metsera, Inc.)", "score": 33.9459266663, "published": true}], "snippet": "16.1 Each of the Sellers who are a party to this Agreement (excluding the Fund Sellers) hereby irrevocably appoints the Sellers\u2019 Representative as the representative of the Sellers to act on their behalf for all purposes under or in connection with this Agreement and the Transaction Documents, including without limitation for the purposes of:\n16.1.1 accepting notices on behalf of the Sellers in accordance with Clause 19;\n16.1.2 delivering payment instructions to the Buyer in connection with the payment of the Consideration;\n16.1.3 determining the Proportionate Share payable to each Seller, including pursuant to Clause 3.1.2;\n16.1.4 agreeing with the Buyer on the final Completion Statement;\n16.1.5 agreeing with the Buyer on any Claims, Tax Warranty Claims, Tax Covenant Claims, Fundamental Warranty Claims or other claims pursuant to the Transaction Documents;\n16.1.6 delivering to and consulting with the Buyer on any Allocation Schedule or Final Allocation Schedule;\n16.1.7 granting any consent or approval, or signing any amendment or settlement, on behalf of the Sellers under or relating to this Agreement and the Transaction Documents;\n16.1.8 taking any and all actions that may be necessary or desirable, as determined by the Sellers\u2019 Representative in its sole discretion, in connection with the payment of the costs and expenses incurred with respect to the transaction contemplated by this Agreement and the Transaction Documents; and\n16.1.9 generally taking any and all other actions and doing any and all other things provided in or contemplated by this Agreement to be performed by the Sellers or the Sellers\u2019 Representative on behalf of the Sellers.\n16.2 Each Seller hereby irrevocably (by way of security for the performance of its obligations under this Agreement) appoints the Sellers\u2019 Representative as its attorney with full authority on its behalf and in the Seller\u2019s name or otherwise to do all acts and to execute and deliver such documents or deeds as required by law or as may, in the reasonable opinion of the Sellers\u2019 Representative, be required to give effect to the matters described in Clause 16.1.", "size": 19, "hash": "ded7740c4a2a18c1f1402e1e14a2ef67", "id": 7}, {"snippet_links": [{"key": "capital-partners", "type": "definition", "offset": [11, 27]}, {"key": "for-purposes-of-this-agreement", "type": "definition", "offset": [106, 136]}, {"key": "the-representative", "type": "clause", "offset": [184, 202]}, {"key": "lawful-agent", "type": "clause", "offset": [213, 225]}, {"key": "blocker-sellers", "type": "definition", "offset": [261, 276]}, {"key": "the-company", "type": "definition", "offset": [278, 289]}, {"key": "the-unitholders", "type": "clause", "offset": [308, 323]}, {"key": "represented-parties", "type": "definition", "offset": [330, 349]}, {"key": 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"offset": [1019, 1038]}, {"key": "reasonably-request", "type": "definition", "offset": [1058, 1076]}, {"key": "all-documents", "type": "definition", "offset": [1127, 1140]}, {"key": "contemplated-herein", "type": "clause", "offset": [1141, 1160]}, {"key": "amendment-or-waiver", "type": "clause", "offset": [1169, 1188]}, {"key": "actions-to-be-taken", "type": "clause", "offset": [1217, 1236]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [1237, 1255]}, {"key": "disputes-under-this-agreement", "type": "clause", "offset": [1353, 1382]}, {"key": "including-without-limitation", "type": "clause", "offset": [1384, 1412]}, {"key": "pursuant-to-section", "type": "definition", "offset": [1423, 1442]}, {"key": "the-obligation", "type": "clause", "offset": [1479, 1493]}, {"key": "and-exercise", "type": "clause", "offset": [1657, 1669]}, {"key": "all-rights", "type": "clause", "offset": [1678, 1688]}, {"key": "by-executing-and-delivering", "type": "clause", "offset": [1843, 1870]}, 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"/contracts/bTwpGDVRWj4#sellers-representative", "label": "Purchase Agreement (Del Frisco's Restaurant Group, Inc.)", "score": 29.3449687958, "published": true}], "snippet": "(a) \u2587\u2587\u2587\u2587\u2587\u2587 Capital Partners Management, L.P. is constituted and appointed as the Sellers\u2019 Representative. For purposes of this Agreement, the term \u201cSellers\u2019 Representative\u201d shall mean the representative, true and lawful agent, proxy and attorney-in-fact of the Blocker Sellers, the Company, the Blockers and the Unitholders (the \u201cRepresented Parties\u201d) for all purposes of this Agreement and the Escrow Agreement, with full power and authority on such Person\u2019s behalf to: (i) consummate the transactions contemplated by this Agreement, (ii) pay such Person\u2019s expenses (whether incurred on or after the date hereof) incurred in connection with the negotiation and performance of this Agreement, (iii) receive, give receipt and disburse any funds received hereunder on behalf of such Person and to hold back from disbursement any such funds to the extent it reasonably determines may be necessary, (iv) execute and deliver any certificates representing the Blocker Interests and/or Company Units, if any, and execute such further instruments as Purchaser shall reasonably request, (v) execute and deliver on behalf of such Person all documents contemplated herein and any amendment or waiver hereto, (vi) take all other actions to be taken by or on behalf of such Person in connection herewith, (vii) negotiate, settle, compromise and otherwise handle all disputes under this Agreement, including without limitation, disputes pursuant to Section 1.12, (viii) waive any condition to the obligation of such Person to consummate the transactions contemplated by this Agreement, (ix) give and receive notices on behalf of such Person and (x) do each and every act and exercise any and all rights which such Person is, or the Represented Parties collectively are, permitted or required to do or exercise under this Agreement. The Represented Parties, by executing and delivering this Agreement, approving the terms of this Agreement and/or accepting any of the consideration payable to them hereunder, irrevocably grant unto the Sellers\u2019 Representative full power and authority to do and perform each and every act and thing necessary or desirable to be done in connection with the transactions contemplated by this Agreement, as fully to all intents and purposes as the Represented Parties might or could do in person. Each of the Represented Parties (other than the Blockers) agrees that such agency and proxy are coupled with an interest, are therefore irrevocable (except as set forth in Section 11.1(h)) without the consent of the Sellers\u2019 Representative and shall survive the death, incapacity or bankruptcy of any of the Represented Parties; provided, that without limitation of the power and authority of the Sellers\u2019 Representative to take any action expressly set forth in this Section 11.1 on behalf of the Represented Parties, the Sellers\u2019 Representative shall not constitute the attorney-in-fact of the GA Parties.", "size": 32, "hash": "21e7bde9fb46a2b440d8c8aa221b3c17", "id": 5}, {"snippet_links": [{"key": "the-representative", "type": "clause", "offset": [28, 46]}, {"key": "charitable-remainder-unitrust", "type": "definition", "offset": [177, 206]}, {"key": "the-\u2587", "type": "clause", "offset": [211, 216]}, {"key": "by-the-trustees", "type": "clause", "offset": [283, 298]}, {"key": "with-respect-to", "type": "clause", "offset": [329, 344]}, {"key": "arising-out-of", "type": "definition", "offset": [357, 371]}, {"key": "article-ii", "type": "definition", "offset": [372, 382]}, {"key": "article-viii", "type": "clause", "offset": [387, 399]}, {"key": "relating-to", "type": "definition", "offset": [420, 431]}, {"key": "escrow-agreements", "type": "definition", "offset": [436, 453]}, {"key": "other-matters", "type": "clause", "offset": [468, 481]}, {"key": "notice-to-be-given", "type": "clause", "offset": [600, 618]}, {"key": "to-the-sellers", "type": "clause", "offset": [619, 633]}, {"key": "power-of-substitution", "type": "clause", "offset": [802, 823]}, {"key": "all-purposes", "type": "definition", "offset": [829, 841]}, {"key": "in-this-agreement", "type": "definition", "offset": [852, 869]}, {"key": "full-power-and-authority", "type": "clause", "offset": [885, 909]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [952, 999]}, {"key": "funds-received", "type": "clause", "offset": [1019, 1033]}, {"key": "execute-and-deliver", "type": "clause", "offset": [1066, 1085]}, {"key": "on-behalf-of", "type": "clause", "offset": [1086, 1098]}, {"key": "amendment-or-waiver", "type": "clause", "offset": [1120, 1139]}, {"key": "agreement-or", "type": "definition", "offset": [1151, 1163]}, {"key": "agree-to", "type": "clause", "offset": [1193, 1201]}, {"key": "purchase-price-adjustments", "type": "clause", "offset": [1224, 1250]}, {"key": "and-claims", "type": "clause", "offset": [1251, 1261]}, {"key": "and-exercise", "type": "clause", "offset": [1319, 1331]}, {"key": "all-rights", "type": "clause", "offset": [1340, 1350]}, {"key": "person-or-persons", "type": "definition", "offset": [1362, 1379]}, {"key": "other-agreements", "type": "definition", "offset": [1453, 1469]}, {"key": "documents-and-certificates", "type": "clause", "offset": [1471, 1497]}, {"key": "in-connection", "type": "definition", "offset": [1507, 1520]}, {"key": "provided-that", "type": "clause", "offset": [1531, 1544]}, {"key": "authority-to-act", "type": "clause", "offset": [1575, 1591]}, {"key": "the-closing", "type": "clause", "offset": [1650, 1661]}], "samples": [{"hash": "67DHJkx52Kt", "uri": "/contracts/67DHJkx52Kt#sellers-representative", "label": "Merger Agreement (United Rentals Inc)", "score": 18.0, "published": true}], "snippet": "LPC is hereby designated as the representative ----------------------- (the \"Representative\") to act for and represent the Sellers (other than the -------------- \u2587\u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587 Charitable Remainder Unitrust and the \u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587 Charitable Remainder Unitrust, which shall be represented by the trustees thereof), SMSV and High Reach with respect to all matters arising out of Article II and Article VIII hereof, all matters relating to the Escrow Agreements, and in those other matters with respect to which this Agreement specifies that the Representative shall so act, as well as matters which require notice to be given to the Sellers under this Agreement; each such Person hereby unconditionally and irrevocably appoints the Representative as such Person's agent, proxy and attorney-in-fact, with full power of substitution, for all purposes set forth in this Agreement, including the full power and authority on such Person's behalf to (i) consummate the transactions contemplated by this Agreement, (ii) disburse any funds received hereunder to the Sellers, (iii) execute and deliver on behalf of each such Person any amendment or waiver under this Agreement or the Escrow Agreements and to agree to any resolution of all purchase price adjustments and Claims hereunder and thereunder, and (iv) do each and every act and exercise any and all rights which such Person or Persons are permitted or required to do or exercise under this Agreement and the other agreements, documents and certificates executed in connection herewith; provided that such appointment and -------- authority to act with respect to SMSV and High Reach shall terminate as of the Closing.", "size": 10, "hash": "f2d6daedd0cdf8370b6c3c77ec712d6c", "id": 10}, {"snippet_links": [{"key": "each-seller", "type": "clause", "offset": [4, 15]}, {"key": "authorizes-and-directs", "type": "clause", "offset": [23, 45]}, {"key": "on-behalf-of", "type": "clause", "offset": [186, 198]}, {"key": "to-exercise", "type": "clause", "offset": [216, 227]}, {"key": "such-rights", "type": "definition", "offset": [228, 239]}, {"key": "power-and-authority", "type": "clause", "offset": [241, 260]}, {"key": "to-the-sellers", "type": "clause", "offset": [303, 317]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [355, 381]}, {"key": "other-documentation", "type": "clause", "offset": [426, 445]}, {"key": "terms-of-this-agreement", "type": "clause", "offset": [462, 485]}, {"key": "authority-to", "type": "definition", "offset": [617, 629]}, {"key": "all-actions", "type": "clause", "offset": [635, 646]}, {"key": "in-connection-with", "type": "clause", "offset": [683, 701]}, {"key": "contemplated-hereby", "type": "clause", "offset": [738, 757]}, {"key": "the-escrow-agreement", "type": "clause", "offset": [781, 801]}, {"key": "entitled-to-deal", "type": "clause", "offset": [826, 842]}, {"key": "the-action", "type": "definition", "offset": [873, 883]}, {"key": "duty-of", "type": "clause", "offset": [963, 970]}, {"key": "further-investigation", "type": "clause", "offset": [971, 992]}, {"key": "to-the-extent", "type": "clause", "offset": [1009, 1022]}, {"key": "good-faith", "type": "clause", "offset": [1057, 1067]}, {"key": "for-purposes-of", "type": "clause", "offset": [1194, 1209]}, {"key": "administrative-convenience", "type": "clause", "offset": [1210, 1236]}, {"key": "obligations-of-sellers", "type": "clause", "offset": [1294, 1316]}, {"key": "the-assets", "type": "clause", "offset": [1360, 1370]}, {"key": "of-the-sellers", "type": "clause", "offset": [1371, 1385]}, {"key": "satisfaction-of", "type": "clause", "offset": [1434, 1449]}, {"key": "by-sellers", "type": "clause", "offset": [1482, 1492]}], "samples": [{"hash": "ctaBXeaOhxi", "uri": "/contracts/ctaBXeaOhxi#sellers-representative", "label": "Stock Purchase Agreement", "score": 31.3408622742, "published": true}, {"hash": "984uhPcuStN", "uri": "/contracts/984uhPcuStN#sellers-representative", "label": "Stock Purchase Agreement (Envestnet, Inc.)", "score": 23.1848049164, "published": true}], "snippet": "(a) Each Seller hereby authorizes and directs Matrix as its agent, proxy and attorney-in-fact and representative under this Agreement (the \u201cSellers\u2019 Representative\u201d) to take such action on behalf of such Seller, and to exercise such rights, power and authority, as are authorized, delegated and granted to the Sellers\u2019 Representative on behalf of Sellers pursuant to this Agreement (including the right to receive notices and other documentation pursuant to the terms of this Agreement on behalf of Sellers). By its execution hereof, each Seller hereby authorizes, delegates and grants to the Sellers\u2019 Representative authority to take all actions that are to be taken by such Seller in connection with this Agreement and the transactions contemplated hereby, including pursuant to the Escrow Agreement.\n(b) Purchaser shall be entitled to deal with and rely conclusively on the action of Sellers\u2019 Representative under this Agreement as provided herein without any duty of further investigation or inquiry.\n(c) To the extent Sellers\u2019 Representative exercises good faith in fulfilling its obligations hereunder, Purchaser agrees that the Sellers\u2019 Representative is serving in such capacity solely for purposes of administrative convenience, and shall not be liable in such capacity for any of the obligations of Sellers hereunder, and Purchaser shall not look to the assets of the Sellers\u2019 Representative in its capacity as such for the satisfaction of any obligations to be performed by Sellers hereunder.", "size": 12, "hash": "b3ba11e0273a1e0859da4469fe6d0fa8", "id": 9}, {"snippet_links": [{"key": "seller-shall", "type": "clause", "offset": [4, 16]}, {"key": "to-company", "type": "clause", "offset": [32, 42]}, {"key": "acts-and-omissions", "type": "clause", "offset": [47, 65]}, {"key": "employees-and-subcontractors", "type": "clause", "offset": [73, 101]}, {"key": "agents-and-employees", "type": "clause", "offset": [122, 142]}, {"key": "other-persons", "type": "definition", "offset": [151, 164]}, {"key": "of-seller", "type": "clause", "offset": [270, 279]}, {"key": "performance-of-the-work", "type": "clause", "offset": [287, 310]}, {"key": "the-work-site", "type": "clause", "offset": [361, 374]}, {"key": "to-receive", "type": "definition", "offset": [400, 410]}, {"key": "notices-and-instructions", "type": "clause", "offset": [411, 435]}, {"key": "responsible-for-the-work", "type": "clause", "offset": [485, 509]}, {"key": "furnish-information", "type": "clause", "offset": [585, 604]}, {"key": "in-time", "type": "definition", "offset": [623, 630]}, {"key": "performance-schedule", "type": "clause", "offset": [648, 668]}, {"key": "key-personnel", "type": "definition", "offset": [733, 746]}, {"key": "written-permission", "type": "definition", "offset": [802, 820]}, {"key": "where-seller", "type": "clause", "offset": [842, 854]}, {"key": "notify-the", "type": "clause", "offset": [954, 964]}, {"key": "subcontract-administrator", "type": "definition", "offset": [965, 990]}, {"key": "in-writing", "type": "definition", "offset": [991, 1001]}, {"key": "prior-to-the", "type": "clause", "offset": [1010, 1022]}, {"key": "by-seller", "type": "clause", "offset": [1119, 1128]}, {"key": "approval-of", "type": "definition", "offset": [1178, 1189]}, {"key": "assignment-to", "type": "clause", "offset": [1248, 1261]}], "samples": [{"hash": "hKzi29NdBrY", "uri": "/contracts/hKzi29NdBrY#sellers-representative", "label": "Construction Contract", "score": 24.1704311371, "published": true}, {"hash": "lJZTMAlR0cQ", "uri": "/contracts/lJZTMAlR0cQ#sellers-representative", "label": "General Terms & Conditions", "score": 21.3559207916, "published": true}, {"hash": "dHAJ6LdCQbf", "uri": "/contracts/dHAJ6LdCQbf#sellers-representative", "label": "General Terms & Conditions", "score": 21.1943874359, "published": true}], "snippet": "(a) Seller shall be responsible to Company for acts and omissions of all employees and subcontractors, at any tier, their agents and employees and all other persons performing any work under a subcontract with Seller, at any tier, or who is under the direct supervision of Seller in the performance of the work.\n(b) Seller\u2019s Representative shall be assigned to the work site and shall have authority to receive notices and instructions on \u2587\u2587\u2587\u2587\u2587\u2587\u2019s behalf and shall be in charge of and responsible for the work. Seller\u2019s Representative shall render approvals and decisions promptly and furnish information expeditiously and in time to meet required performance schedule.\n(c) Seller\u2019s superintendence staff not otherwise designated as Key Personnel shall not be removed or replaced without the expressed written permission of Company. In cases where Seller has identified the need to remove or replace these project superintendence personnel, Seller shall notify the Subcontract Administrator in writing 10 days prior to the change. Seller\u2019s notification shall be accompanied by resumes of those persons being considered by Seller as replacements. Company shall issue its written approval of all superintendence personnel replacements prior to their assignment to the work.", "size": 23, "hash": "4942cb67d689c851f99932753f2712cd", "id": 6}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih9zZWxsZXJzLXJlcHJlc2VudGF0aXZlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "clause": {"title": "Sellers\u2019 Representative", "children": [["authority", "Authority"], ["appointment", "Appointment"], ["", ""], ["reliance", "Reliance"], ["sellers-representative", "Sellers\u2019 Representative"]], "parents": [["miscellaneous", "Miscellaneous"], ["general-provisions", "General Provisions"], ["indemnification", "Indemnification"], ["purchase-and-sale", "Purchase and Sale"], ["applicable-to-all-transactions", "Applicable to All Transactions"]], "size": 1303, "id": "sellers-representative", "related": [["seller-representative", "Seller Representative", "Seller Representative"], ["shareholders-representative", "Shareholders\u2019 Representative", "Shareholders\u2019 Representative"], ["stockholders-representative", "Stockholders\u2019 Representative", "Stockholders\u2019 Representative"], ["shareholder-representative", "Shareholder Representative", "Shareholder Representative"], ["owners-representative", "Owner\u2019s Representative", "Owner\u2019s Representative"]], "related_snippets": [], "updated": "2026-07-11T05:38:37+00:00"}, "json": true, "cursor": ""}}