Common use of Designated Purchasers Clause in Contracts

Designated Purchasers. Upon prior written notice to the Appointed Agent, Buyer may assign its rights and obligations, in whole or in part, under this Agreement to one or more of its wholly owned Affiliates (each such entity, a “Designated Purchaser”) for the purpose of carrying out the transactions contemplated hereby; provided, however, that Buyer shall be and remain jointly and severally liable with the Designated Purchaser to the Companies for all obligations of Buyer and any such Designated Purchaser under this Agreement and the other documents and instruments to be executed and delivered by Buyer or any such Designated Purchaser pursuant to this Agreement.

Designated Purchasers. Upon prior written notice to the Appointed Shareholders’ Agent, Buyer may assign its rights and obligations, in whole or in part, under this Agreement to one or more of its wholly wholly-owned Affiliates (each such entity, a “Designated Purchaser”) for the purpose of carrying out the transactions contemplated hereby; provided, however, that Buyer shall be and remain jointly and severally liable with the Designated Purchaser to the Companies Shareholders for all obligations of Buyer and any such Designated Purchaser under this Agreement and the other documents and instruments to be executed and delivered by Buyer or any such Designated Purchaser pursuant to this Agreement.