Common use of Delegation Clause in Contracts

Delegation. Subject to Sections ‎2 and 3 below, and unless otherwise limited by this Agreement, State Street shall have the right to employ agents, subcontractors, consultants and other third parties, whether affiliated or unaffiliated, to provide or assist it in the provision of all or any part of the services performed pursuant to this Agreement (each, a “Delegate” and collectively, the “Delegates”) without the consent or approval of the Client. State Street shall be responsible for the services delivered by, and the acts and omissions of, any such Delegate as if State Street had provided such services and committed such acts and omissions itself. Unless otherwise agreed in a Fee Schedule approved in writing by the Client, State Street shall be responsible for the compensation of its Delegates.

Appears in 152 contracts

Samples: Accounting Services Agreement (Federated Hermes ETF Trust), Accounting Services Agreement (Federated Hermes High Yield Trust), Accounting Services Agreement (Federated Hermes Total Return Government Bond Fund)

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Delegation. Subject to Sections ‎2 and 3 below, and unless otherwise limited by this Agreement, (a) State Street shall have the right to employ agents, subcontractors, consultants and other third parties, whether affiliated or unaffiliated, to provide or assist it in the provision of all or any part of the services stated herein other than services required by applicable law to be performed pursuant to this Agreement by State Street (each, a “Delegate” and collectively, the “Delegates”) ), without the consent or approval of the ClientAdministrator. State Street shall be responsible for the services delivered by, and the acts and omissions of, any such Delegate as if State Street had provided such services and committed such acts and omissions itself. Unless otherwise agreed in a Fee Schedule approved in writing by the ClientSchedule, State Street shall be responsible for the compensation of its Delegates.

Appears in 1 contract

Samples: Services Agreement (New Mountain Guardian IV BDC, L.L.C.)

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