Agent of Company Sample Clauses

Agent of Company. Any Receiver shall be the agent of the Company for all purposes and the Company shall be solely responsible for such Receiver's contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by him.
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Agent of Company. 11 11.4 Remuneration . . . . . . . . . . . . . . . . . . . . . . 12
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Agent of Company. Any Receiver shall be the agent of the Assignor for all purposes and the Assignor shall be solely responsible for such Receiver's contracts, engagements, acts, omissions, defaults and losses and for all liabilities incurred by him.
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Agent of Company. Unless and until the Security Agent by notice in writing ---------------- to the Company and to the Receiver requires that the Receiver act as agent of the Security Agent, or until an order is made or a resolution is passed for the winding-up of the Company, the Receiver shall be the agent of the Company, and the Company alone shall (subject, in the case of an administrative receiver, to section 44 of the Insolvency Act 1986) be responsible for the acts and defaults of the Receiver and for his remuneration and shall be liable on any contracts and agreements made or entered into by him and for any losses incurred by him, but in exercising any powers of the Security Agent the Receiver shall have the authority of both the Company and the Security Agent. After an order is made or a resolution is passed for the winding up of the Company, the Receiver shall act as a principal and shall not become the agent of the Security Agent. Where the Receiver is not an administrative receiver the Receiver shall be in the same position as a receiver appointed by a mortgagee under the Law of Property ▇▇▇ ▇▇▇▇.
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Related to Agent of Company

  • Management of Company 5.1.1 The Members, within the authority granted by the Act and the terms of this Agreement shall have the complete power and authority to manage and operate the Company and make all decisions affecting its business and affairs. 5.1.2 Except as otherwise provided in this Agreement, all decisions and documents relating to the management and operation of the Company shall be made and executed by a Majority in Interest of the Members. 5.1.3 Third parties dealing with the Company shall be entitled to rely conclusively upon the power and authority of a Majority in Interest of the Members to manage and operate the business and affairs of the Company.

  • Opinion and 10b-5 Statement of Counsel for the Company ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP, counsel for the Company, shall have furnished to the Representatives, at the request of the Company, their written opinion and 10b-5 statement, dated the Closing Date or the Additional Closing Date, as the case may be, and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives.

  • Adverse Agreements, Etc No Loan Party or any of its Subsidiaries is a party to any Contractual Obligation or subject to any restriction or limitation in any Governing Document or any judgment, order, regulation, ruling or other requirement of a court or other Governmental Authority, which (either individually or in the aggregate) has, or in the future could reasonably be expected (either individually or in the aggregate) to have, a Material Adverse Effect.

  • Company Lock Up Agreements The Company, on behalf of itself and any successor entity, agrees that, without the prior written consent of the Placement Agent, it will not for a period of thirty (30) days after the date of this Agreement (the “Lock-Up Period”), (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any ADSs, Ordinary Shares or other capital stock of the Company or any securities convertible into or exercisable or exchangeable for ADSs, Ordinary Shares or such other shares of capital stock of the Company; (ii) file or cause to be filed any registration statement with the Commission relating to the offering of any ADSs, Ordinary Shares or other shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company; or (iii) complete any offering of debt securities of the Company, other than entering into a line of credit with a traditional bank or (iv) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of ADSs, Ordinary Shares or other capital stock of the Company, whether any such transaction described in clause (i), (ii), (iii) or (iv) above is to be settled by delivery of ADSs, Ordinary Shares or other shares of capital stock of the Company or such other securities, in cash or otherwise. The restrictions contained in this Section 3.18 shall not apply to (i) the ADSs, Ordinary Shares and the Placement Agent’s Warrant, (ii) the issuance by the Company of ADSs upon the exercise of the Placement Agent’s Warrant or a stock option or warrant or the conversion of a security outstanding on the date hereof, or issuable pursuant to currently existing undertakings of the Company, which is disclosed in the Registration Statement, Disclosure Package and Prospectus, provided that such options, warrants, and securities have not been amended since the date of this Agreement to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities or to extend the term of such securities, (iii) the issuance by the Company of stock options, shares of capital stock of the Company or other awards under any equity compensation plan of the Company, provided that the underlying shares shall be restricted from sale during the entire Lock-Up Period; and (iv) transactions with members of the management and/or the board of directors of the Company, involving the issuance of equity securities of the Company in consideration of cash, provided that the underlying shares shall be restricted from sale during the entire Lock-Up Period.

  • Opinion of Financial Advisor 27 SECTION 3.18