Common use of Local Agent Clause in Contracts

Local Agent. If requested by ▇▇▇▇▇▇, ▇▇▇▇▇ agrees to deliver to Seller, within five (5) days from such request, an executed designation of an individual qualified to accept service of process in the State of Florida, which such designation shall be irrevocable unless Buyer effectively appoints a substitute local agent and notifies Seller of such substituted designation.

Local Agent. If requested by ▇▇▇▇▇▇Seller, ▇▇▇▇▇ Buyer agrees to deliver to Seller, within five (5) days from such request, an executed designation of an individual qualified to accept service of process in the State of Florida, which such designation shall be irrevocable unless Buyer effectively appoints a substitute local agent and notifies Seller of such substituted designation.