Discharge of Duties. The grievant shall continue to discharge his/her duties and comply with the direction of the administration until the grievance is resolved.
Discharge of Duties. The Board and the Association may discharge their respective duties by means of authorized officers, representatives, or committees.
Discharge of Duties. The Master Custodial Administration Agreement Administrator shall discharge its duties set forth in this Agreement solely in the interests of the Participant of the Participating Plan and their beneficiaries and for the exclusive purpose of providing benefits to Participant of the Participating Plan and their beneficiaries and defraying reasonable expenses of administering the Custodial Account. The Master Custodial Administration Agreement Administrator shall discharge its duties hereunder with the care, skill, prudence and diligence under the circumstances then prevailing that a prudent person acting in like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with likeaims.
Discharge of Duties. The Board and CSEA may discharge their respective duties by means of authorized officers, individual representatives, or committees.
Discharge of Duties. With effect from the Resignation Effective Date or the Removal Effective Date (as applicable), (i) the retiring or removed Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Agent on behalf of the Lenders or the LC Issuing Banks under any of the Loan Documents, the retiring or removed Agent shall continue to hold such collateral security until such time as a successor Agent is appointed) and (ii) all payments, communications and determinations provided to be made by, to or through the Agent shall instead be made by or to each Lender and LC Issuing Bank directly, until such time, if any, as the Required Lenders appoint a successor Agent as provided for above. Upon the acceptance of a successor’s appointment as Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring or removed Agent, and the retiring or removed Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents. The fees payable by the Borrowers to a successor Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrowers and such successor. After the retiring or removed Agent’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article and Section 10.3 (
Discharge of Duties. Notwithstanding the provisions hereof, in the event of a dispute between the Borrower and the Lender sufficient in the sole discretion of Escrow Agent to justify its doing so, Escrow Agent shall then be entitled at any time to tender into the registry or custody of any court of competent jurisdiction the Escrow Documents, together with such legal pleadings as it may deem appropriate, and thereupon be discharged from all further duties and liabilities under this Agreement. Any such legal action may be brought in such court as Escrow Agent shall determine to have jurisdiction thereof. Escrow Agent shall be indemnified, saved and held harmless by the non-prevailing party in any such dispute (as determined by a court of competent jurisdiction) for all of its expenses, costs and reasonable attorneys' fees incurred in connection with said legal action.
Discharge of Duties. Subject to the provisions of Articles IX and X, the Named Fiduciaries and any other fiduciary shall discharge their respective duties set forth in the Plan solely in the interest of the Participants and their Spouses and Beneficiaries and:
Discharge of Duties. The ESOP Committee, Plan Administrator, the Trustee and any Investment Manager (and any other party who may at any time be serving as a Fiduciary with respect to the Plan) shall discharge their duties solely in the interests of the Participants and Beneficiaries, for the exclusive purpose of providing benefits as herein described and defraying reasonable expenses of administration, in accordance with the Plan and consistent with the fiduciary responsibility provisions of ERISA Title I, and with the care, skill, prudence and diligence, under the circumstances then prevailing, that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of like character and with like aims.
Discharge of Duties. Each Director shall discharge the Director’s duties as a Director, including the Director’s duties as a member of a committee of the Board, and each officer with discretionary authority shall discharge the officer’s duties under that authority (i) in good faith;
Discharge of Duties. (a) In discharging their duties, Directors and members of any committee designated by the Board shall not be liable if, acting in good faith, they rely (i) upon the opinion of counsel for the Corporation, (ii) upon written reports setting forth financial data concerning the Corporation and prepared by an independent public accountant or certified public accountant or firm of such accountants, (iii) upon financial statements, books of account or reports of the Corporation represented to them to be correct by the President, the officer of the Corporation having charge of its book of account, or the person presiding at a meeting of the Board, or (iv) upon written reports of committees of the Board.
