Common use of Action by Purchasers Clause in Contracts

Action by Purchasers. Whenever any action is required to be taken by the Purchasers, collectively, under this Agreement, such action shall be deemed to have been duly taken if such action is indicated to have been taken by Fairfax, for itself and on behalf of the other Purchaser.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Kennedy-Wilson Holdings, Inc.)

Action by Purchasers. Whenever any action is required to be taken by the Purchasers, collectively, under this Agreement, such action shall be deemed to have been duly taken if such action is indicated to have been taken by Fairfax▇▇▇▇▇▇▇, for itself and on behalf of the other Purchaser.

Appears in 1 contract

Sources: Preferred Stock Purchase Agreement (Kennedy-Wilson Holdings, Inc.)