Common use of The Authorized Representative Clause in Contracts

The Authorized Representative. (1) Prior to the Acquisition Date, Opgroup shall appoint one or more individuals to serve as the Authorized Representative hereunder. Each of the parties hereto shall take all actions necessary (including, without limitation, those set forth in Section 8(d) hereof) to provide the Authorized Representative with the requisite authority to carry out each of its prescribed functions hereunder. (2) CIBC and PIMCO LP shall each permit the Authorized Representative, if otherwise serving as an employee of it or of one of its affiliates, to serve as the Authorized Representative hereunder and to utilize the services of those individuals otherwise reporting to the Authorized Representative. In addition, the Authorized Representative shall be authorized to retain the services of such outside accountants and/or attorneys to assist in the preparation of the requisite Tax Returns and in the handling of any Tax Proceedings and, except or otherwise provided in Section 8 hereof, to pay reasonable fees and other charges for such services.

Appears in 2 contracts

Sources: Tax Indemnity Agreement (Oppenheimer Capital L P /De/), Tax Indemnity Agreement (Oppenheimer Capital L P /De/)