Use of Nominee Clause Samples

Use of Nominee. At the election of a Option Member, the purchase of all or part of the Option Interest pursuant to this Section 8.5 may be completed by a nominee of the Option Member, in which case, the obligations of the Option Member under this Section 8.5 shall be performed by the nominee rather than the Option Member.

Use of Nominee. At the election of a Purchasing Member, the purchase of all or part of the Option Interest pursuant to this Section 8.5 may be completed by a nominee of the Purchasing Member, in which case, the obligations of the Purchasing Member under this Section 8.5 shall be performed by the nominee rather than the Purchasing Member. If a nominee completes the purchase of the Option Interest, the nominee shall be admitted as a Substituted Member in the Company upon the execution and delivery by such nominee to the remaining Members of an instrument in a form approved by the remaining Members in their reasonable discretion, whereby such nominee agrees to be bound by the terms and conditions of this Agreement from and after the date the nominee acquires the Option Interest.

Use of Nominee. To hold any or all of the Trust assets, real or personal, in the Trustee’s own name, or in the single name of any Co-Trustee, or in the name of any corporation, partnership, or other person as the Trustee’s nominee for holding the assets, with or without disclosing the fiduciary relationship. A corporate Trustee shall have the power to appoint a Trustee to administer property in any jurisdiction in which it shall fail to qualify.

Use of Nominee. At the election of the purchasing Member, the purchase of the selling Member's interest in the Company pursuant to this Section 5.14 may be completed by a nominee of the purchasing Member; provided that the purchasing Member shall remain liable for all obligations to be performed by the nominee under this Section 5.14.

Use of Nominee. CNI may, by notice to the Target, nominate another person which is ultimately wholly owned by CNI (Nominee) to make the Offer and to comply with the Offeror’s other obligations under this agreement. If CNI makes, and the Nominee accepts in writing, such a nomination, then from the date of that nomination: (a) the Nominee must comply with the Offeror’s obligations, and will be entitled to the Offeror’s rights and entitlements, under this agreement, as if the Nominee had entered into this agreement as the Offeror; (b) to the extent applicable in the circumstances, references in this agreement to the Offeror will be references to the Nominee; (c) the Offeror will have no obligations or liabilities under this agreement (except for liabilities that accrued prior to the nomination of the Nominee); and (d) CNI guarantees to the Target the due and punctual performance of the Offeror's and Nominee's obligations and discharge of their liabilities under this agreement.

Use of Nominee. The Company acknowledges and agrees that where a right or obligation owed by the Company is expressed in this document to be in favour of the nominee of the Subscriber: (a) that right or obligation may be enforced by the nominee as against the Company; and (b) notwithstanding paragraph (a) above, the Subscriber is entitled to enforce (including for its benefit) the right expressed to be in favour of the nominee under or in connection with this document (and in such circumstances, the nominee will not be entitled to seek from the Company recovery of such amounts once paid by the Company to the Subscriber or as the Subscriber directs). Any payment of such amount to the Subscriber shall constitute a discharge of that obligation to the nominee. Executed as an agreement. Executed by Beroni Group Limited ACN 161 622 402 in accordance with section 127 of the Corporations Act by or in the presence of: (Signature of Director) (Signature of Director or Secretary) (Name Director in full) (Name of Director or Secretary in full) Executed by Dendrix Inc. in accordance with its constitution in the presence of: (Signature of Director) (Signature of Director) (Name of Director in full) (Name of Director in full) Executed by S▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ in the presence of: (Witness Signature) (Signature of S▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇) (Name of Witness)

Use of Nominee. Nothing in this Addendum should be construed as restricting IBA from entering into any transaction or effecting delivery, or accepting re­delivery of Shares (or Equivalent Securities) through its Nominee. Notwithstanding IBA's use of its Nominee, all obligations and rights in this Addendum exist as between you and IBA. Notes:

Use of Nominee. Agent may hold any securities or other property in the name of its nominee or in such other form as it deems best, but Agent shall remain accountable for the actions of its nominee. Agent shall have the authority and responsibility to vote proxies on all securities held in nominee form in the account and shall be designated as the responsible party under applicable S.E.C.

Use of Nominee. Bank may hold any or all of the assets in the accounts in the name of a nominee in such form as will facilitate the passage of title. However, no such registration or use of nominee shall release Bank of liability for any loss resulting from a negligent act or omission of Bank or any of its nominees, to the extent provided in Article IX of this Contract.