Delegation of Powers. The Pledgee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretion vested in it by, this Agreement in such manner, upon such terms and to such Person as the Pledgee in its absolute discretion may think fit.
Appears in 6 contracts
Samples: Trademark Pledge Agreement (Solutia Inc), Commercial Receivables Pledge Agreement (Solutia Inc), Receivables Pledge Agreement (Solutia Inc)
Delegation of Powers. The Pledgee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretion vested in it by, this Agreement in such manner, upon such terms and to such Person person as the Pledgee in its absolute discretion may think fit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Allied Defense Group Inc), Charge Agreement (Solutia Inc)
Delegation of Powers. The Pledgee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretion vested in it by, this Agreement in such manner, upon such terms and to such Person as the Pledgee in its absolute discretion may think fit.. - 17 - ----------------------------------------------------------------------------
Appears in 1 contract
Samples: Share Pledge Agreement (Solutia Inc)