Successor Representatives Clause Examples

Successor Representatives. 24 SECTION 3.10. Escrow Agreement...................................................................................24 SECTION 3.11. Release............................................................................................24 SECTION 3.12. Joinder............................................................................................25 SECTION 3.13. Termination of Guarantees..........................................................................25 SECTION 3.14. Merger Transaction.................................................................................25 ARTICLE IV Conditions Precedent SECTION 4.1. Conditions to Obligations of the Purchaser..........................................................25

Successor Representatives. The Stockholder Representative shall designate one or more Persons to serve as successor Stockholder Representative in the event of his death or incapacity, which Person or Persons shall in such event succeed to and become vested with all the rights, powers, privileges and duties of the Stockholder Representative under this Agreement. Each successor Stockholder Representative shall designate one or more successors to serve as Stockholder Representative in the event of such successor Stockholder Representative's death, incapacity, bankruptcy or dissolution. In the event that the Stockholder Representative dies or becomes incapacitated without having designated a successor Stockholder Representative, his executors, administrators or personal representatives shall succeed to and become vested with all the rights, powers, privileges and duties of the Stockholder Representative under this Agreement.

Successor Representatives. If Nuprim Shareholders’ Representative resigns, dies or becomes incapacitated, his successor will be appointed by Nuprim Shareholders owning a majority of the Nuprim Shares. The decisions and actions of any successor Nuprim Shareholders’ Representative will be, for all purposes, those of Nuprim Shareholders’ Representative as if originally named herein. The death or incapacity of any Nuprim Shareholder will not terminate the authority and agency of Nuprim Shareholders’ Representative as herein designated and their successors as provided for herein. Nuprim Shareholders’ Representative shall provide prompt written notification to Nuprim Shareholders and Motif of the identity of any newly appointed Nuprim Shareholders’ Representative.

Successor Representatives. In the event of the death or permanent disability of the Representative, or the resignation of Representative as the representative of the Opmaxx Common Stockholders hereunder, a successor Representative shall be elected by a majority vote of the Opmaxx Common Stockholders. Each successor Representative shall have all of the power, authority, rights and privileges conferred by this Agreement upon the original Representative, and the term "Representative" as used herein shall be deemed to include each successor Representative. Unless and until the Escrow Agent receives written notice from all of the Opmaxx Common Stockholders identifying a new representative, the Escrow Agent shall at all times be entitled to assume that the Representative set forth in this Agreement is the Representative hereunder. Upon receipt of such written notice, the Escrow Agent shall be fully protected and not be held liable for any instructions received by the new representative of the Escrow Indemnitors.

Successor Representatives. In the event of the death or permanent disability of the Representative, or the resignation of Representative as the representative of the Nova▇▇▇ ▇▇▇urityholders hereunder, a successor Representative shall be elected by a majority vote of the Nova▇▇▇ ▇▇▇urityholders, with each such Nova▇▇▇ ▇▇▇urityholder (or his successors or assigns) to be given a weighted vote based on such Nova▇▇▇ ▇▇▇urityholder's Pro Rata Share. Each successor Representative shall have all of the power, authority, rights and privileges conferred by this Agreement upon the original Representative, and the term "Representative" as used herein shall be deemed to include each successor Representative.

Successor Representatives. Following the Closing, in the event the Administrative Agent dies, becomes unable to perform his or her responsibilities hereunder or resigns from such position, the Board of Directors of Parent shall be authorized to and shall select another representative to fill such vacancy and such substituted representative shall be deemed to be the Administrative Agent for all purposes of this Agreement and the Escrow Agreement.

Successor Representatives. In the event of the death or permanent disability of the Representative, or the resignation of Representative as the representative of the CSI Shareholders

Successor Representatives. In the event of the death or permanent disability of the Representative, or the resignation of Representative as the representative of the Partners hereunder, a successor Representative shall be elected by a majority vote of the Partners, with each such Partner (or his or her successors or assigns) to be given a weighted vote based on such Partner's Pro Rata Share. Each successor Representative shall have all of the power, authority, rights and privileges conferred by this Agreement upon the original Representative, and the term "Representative" as used herein shall be deemed to include each successor Representative.

Successor Representatives. The Securityholders shall designate one or more Persons reasonably acceptable to the Securityholders collectively having a Pro Rata Share * Omitted information is the subject of a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934 and has been filed separately with the Securities and Exchange Commission. greater than 50% to serve as successor Stockholders’ Representative in the event of the Stockholders’ Representative’s incapacity, bankruptcy, dissolution or resignation, which Person or Persons shall in such event succeed to and become vested with all the rights, powers, privileges and duties of the Stockholders’ Representative under this Agreement. Each successor Stockholders’ Representative shall designate one or more Persons reasonably acceptable to the Securityholders collectively having a Pro Rata Share greater than 50% to serve as successor Stockholders’ Representative in the event of such successor Stockholders’ Representative’s death, incapacity, bankruptcy, dissolution or resignation.