Common use of Confirmation Letters Clause in Contracts

Confirmation Letters. At Closing Time, the Representatives shall have received letters, in form and substance acceptable to the Representatives in their sole discretion, from each Selling Shareholder confirming the effectiveness of the powers-of-attorney executed by such Selling Shareholder and ratifying all actions previously taken by the Attorneys-in-Fact in connection with this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (Prosperity Bancshares Inc)

Confirmation Letters. At the Closing Time, the Representatives shall have received letters, in form and substance acceptable to the Representatives in their sole discretion, from each Selling Shareholder Stockholder confirming the effectiveness of the powers-of-attorney executed by such Selling Shareholder Stockholder and ratifying all actions previously taken by the Attorneys-in-Fact in connection with this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (Eurobancshares Inc)

Confirmation Letters. At the Closing Time, the Representatives Representative shall have received letters, in form and substance acceptable to the Representatives Representative in their its sole discretion, from each Selling Shareholder confirming the effectiveness of the powers-of-attorney executed by such Selling Shareholder and ratifying all actions previously taken by the Attorneys-in-Fact in connection with this Agreement.

Appears in 1 contract

Sources: Purchase Agreement (Eldorado Bancshares Inc)