Common use of Purchasers’ Agent Clause in Contracts

Purchasers’ Agent. ▇▇▇▇ acknowledges that Purchasers’ Agent has been authorized by the Purchasers to act for the Purchasers in all matters under the Security Agreement and he agrees to accept the acts and writings of the Purchasers’ Agent on their behalf. Each of the undersigned Purchasers agrees that all acts and writings of the Purchasers’ Agent consistent with the terms of this Agreement shall be binding on such Purchaser for all purposes under this Agreement.