Delegation by Manager Sample Clauses

Delegation by Manager. The Manager shall have the power and authority to delegate to one or more Persons, agents and employees, such rights and powers to manage and control the business and affairs of the Fund as the Manager determines in the Manager’s sole discretion. The Manager shall have the power and authority, in its sole discretion, to appoint individuals to serve as officers of the Fund from time to time and determine their respective powers and authorities. Subject to the rights, if any, of any such Person under an employment agreement or other contract with the Fund, the power and authority of any such Person, agent or employee may be reduced or terminated, either with or without cause, by the Manager at any time in the Manager’s sole discretion.
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Delegation by Manager. The Manager shall have the power and authority to delegate to one or more Persons the Manager’s rights and powers to manage and control the business and affairs of the Company and each Series, including to delegate to Officers, agents and employees of the Company. The Manager may authorize any Person (including, without limitation, any Member or Officer) to enter into and perform under any document on behalf of the Company and each Series.
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Delegation by Manager. 3.5.1. Manager will have the right to delegate some or all of its responsibilities under this Agreement to one or more of: (i) any Affiliate or Affiliates of Manager; or (ii) Starwood or any other nationally recognized hospitality management company; or (iii) with Westgate’s approval, not to be unreasonably withheld, any other third party manager. Notwithstanding the foregoing, Manager expressly acknowledges and agrees that Manager shall not be entitled to, nor shall Manager delegate any responsibilities or duties hereunder, in whole or in part, to any Competitor of West­gate. Any such delegee must assume and agree to be bound by all applicable terms and provisions of this Agreement and the terms of any subordination or other agreement entered into by Manager in connection with any Westgate’s financing of the Timeshare Property. At Westgate’s request, Manager will deliver to Westgate an executed counterpart of the instrument effecting any such delega­tion by Manager and assumption by the delegee. Upon such engagement and delegation, any and all references herein to Manager shall mean such delegee(s) to the extent thereof. Notwithstanding any such delegation, Manager will remain liable to Westgate pursuant to the terms, covenants, and conditions contained in this Agreement and any such delegation will not relieve Manager of any obligation or liability resulting from a failure of performance hereunder.
Sample 1
Delegation by Manager. The Manager can delegate any part of the right and power to manage the business and affairs of the Company, and to act for or to bind the Company, to persons, including employees or agents of the Company, who may be designated as officers (the “Officers”) of the Company, and assign titles (including, without limitation, Chairman, President, Financial Vice-President, Treasurer, and Secretary) to any such person. Unless the Manager decides otherwise, if the title is one commonly used for officers of a business corporation formed under the Arizona Corporations Act, the assignment of such title will constitute the delegation to such person of the authorities and duties that are normally associated with that office. Any delegation pursuant to this Section 2.2 may be revoked at any time by the Manager. An Officer may be removed with or without cause by the Manager. The initial Officers of the Company shall be: Xxxxxx Xxxxxxxx Chief Executive Officer and President Xxxxxxx Xxxxx Chief Financial Officer and Secretary
Sample 1
Delegation by Manager. The Manager may at any time employ any other Persons, including Persons and entities employed by, affiliated with, or related to the Manager or any Unit Holder, to perform services for the Company and its business, and may delegate all or part of his or her authority or control to any such other Persons; provided, however, that such employment or delegation shall not relieve the Manager of any responsibilities and obligations under this Agreement or under the law of the State of North Carolina.
Sample 1

Related to Delegation by Manager

  • Delegation by the Board All of the powers, duties and responsibilities of the Board specified in this Agreement may, to the full extent permitted by applicable law, be exercised and performed by any duly constituted committee thereof to the extent authorized by the Board to exercise and perform such powers, duties and responsibilities.

  • Delegation by Trustees Subject only to any limitations required by federal law including the 1940 Act, the Trustees may delegate any and all powers and authority hereunder as they consider desirable to any officer of the Trust, to any committee of the Trustees, any committee composed of Trustees and other persons and any committee composed only of persons other than Trustees and to any agent, independent contractor or employee of the Trust or to any custodian, administrator, transfer or shareholder servicing agent, Manager, investment advisor or sub-advisor, Principal Underwriter or other service provider, provided that such delegation of power or authority by the Trustees shall not cause any Trustee to cease to be a Trustee of the Trust or cause such person, officer, agent, employee, custodian, transfer or shareholder servicing agent, Manager, Principal Underwriter or other service provider to whom any power or authority has been delegated to be a Trustee of the Trust. The reference in this Declaration of Trust to the right of the Trustees to, or circumstances under which they may, delegate any power or authority, or the reference in this Declaration of Trust to the authorized agents of the Trustees or any other Person to whom any power or authority has been or may be delegated pursuant to any specific provision of this Declaration of Trust, shall not limit the authority of the Trustees to delegate any other power or authority under this Declaration of Trust to any Person, subject only to any limitations under federal law including the 1940 Act.

  • Delegation of Powers Subject to any limitations set forth in the Act, the member(s) may delegate any of its powers to officers of the Company or to committees consisting of persons who may or may not be member(s). Every officer or committee shall, in the exercise of the power so delegated, comply with any restrictions that may be imposed on them by the member(s).

  • Delegation of Power (a) Any Administrative Trustee may, by power of attorney consistent with applicable law, delegate to any other natural person over the age of 21 his or her power for the purpose of executing any documents contemplated in Section 2.7(a), including any registration statement or amendment thereto filed with the Commission, or making any other governmental filing; and

  • Term of Agreement; Resignation and Removal of Administrator This Agreement shall continue in force until the dissolution of the Issuer, upon which event this Agreement shall automatically terminate.

  • Delegation of Board Review of Subcustodians From time to time, the Custodian may agree to perform certain reviews of Subcustodians and of Subcustodian Contracts as delegate of the Fund's Board. In such event, the Custodian's duties and obligations with respect to this delegated review will be performed in accordance with the terms of the attached 17f-5 Delegation Schedule to this Agreement.

  • Regulation by the Committee This Agreement and the Restricted Shares shall be subject to the administrative procedures and rules as the Committee shall adopt. All decisions of the Committee upon any question arising under the Plan or under this Agreement, shall be conclusive and binding upon the Awardee.

  • Delegation to Affiliates The Borrower and the Lenders agree that the Agent may delegate any of its duties under this Agreement to any of its Affiliates. Any such Affiliate (and such Affiliate's directors, officers, agents and employees) which performs duties in connection with this Agreement shall be entitled to the same benefits of the indemnification, waiver and other protective provisions to which the Agent is entitled under Articles IX and X.

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