Duties in General. (1) The Escrow Agent undertakes to perform only such duties as are expressly set forth herein (and required by applicable law), which the parties agree are ministerial in nature. If in doubt as to its duties and responsibilities hereunder, the Escrow Agent may consult with counsel of its choice and shall be protected in any action taken or omitted in connection with the advice or opinion of such counsel.
Duties in General. The Executive shall faithfully and diligently perform all services as may be assigned to him by the Board, and shall exercise such power and authority as may from time to time be delegated to him by the Board. The Executive shall devote time, attention and efforts to the performance of his duties under this Agreement, render such services to the best of his ability, and use his reasonable best efforts to promote the interests of the Company. The Executive shall not engage in any other business or occupation during the Term of Employment that (i) conflicts with the interests of the Company or its subsidiaries, (ii) interferes with the proper and efficient performance of his duties for the Company, or (iii) interferes with the exercise of his judgment in the Company’s best interests. Notwithstanding the foregoing or any other provision of this Agreement, it shall not be a breach or violation of this Agreement for the Executive to (v) serve as a Managing Director of HealthCare Ventures, (w) serve on outside corporate or scientific advisory boards with prior written notice to the Company, (x) serve on civic or charitable boards or committees, (y) deliver lectures, fulfill speaking engagements or teach at educational institutions, or (z) manage personal investments, so long as such activities do not significantly interfere with or significantly detract from the performance of the Executive’s responsibilities to the Company in accordance with this Agreement.
Duties in General. After receipt of the written authorization to proceed to the Bidding or Negotiation Phase by DFCM, the DESIGN/BUILD TEAM shall obtain bids or negotiate proposals and award contracts to subcontractors, subconsultants and suppliers which are consistent with the Design/Build Agreement. The term “bid” in the Agreement is also meant to mean “proposal” where the DESIGN/BUILD TEAM is using a request for proposal procurement process.
Duties in General. The Executive shall faithfully and diligently perform all services as may be assigned to him by the Board, and shall exercise such power and authority as may from time to time be delegated to him by the Board. The Executive shall devote time, attention and efforts to the performance of his duties under this Agreement, render such services to the best of his ability, and use his reasonable best efforts to promote the interests of the Company. The Executive shall not engage in any other business or occupation during the Term of Employment that (i) conflicts with the interests of the Company or its subsidiaries, (ii) interferes with the proper and efficient performance of his duties for the Company, or (iii) interferes with the exercise of his judgment in the Company’s best interests.
Duties in General. Buyer shall itself or through a servicing agent invoice Purchasers, debit their accounts through electronic funds transfer on a monthly basis or provide Purchasers with coupon books. On repurchase of Defaulted Receivables by Seller from Buyer, Seller shall bear all responsibility for collection and any related legal action.
Duties in General. After receipt of the written authorization to proceed to the Bidding or Negotiation Phase by UVU, the DESIGN/BUILD TEAM shall obtain bids or negotiate proposals and award contracts to subcontractors, subconsultants and suppliers which are consistent with the Design/Build Agreement. The term “bid” in the Agreement is also meant to mean “proposal” where the DESIGN/BUILD TEAM is using a request for proposal procurement process. The DESIGN/BUILD TEAM shall promptly supply five (5) complete sets of Final Construction Documents to UVU.
Duties in General i) The duties, responsibilities and obligations of Escrow Agent shall be limited to those inherently or expressly set forth herein and no duties, responsibilities or obligations shall be inferred or implied. Escrow Agent shall not be subject to, nor required to comply with, any other agreement between or among Buyer and Seller, even though reference thereto may be made herein, or to comply with any direction or instruction from Buyer or Seller other than those contained herein or delivered in accordance with this Escrow Agreement. Escrow Agent shall not be required to, and shall not, expend or risk any of its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder in accordance to the terms set forth herein.
Duties in General. (i) The Escrow Agent undertakes to perform only such duties as are expressly set forth herein (and as required by applicable law), which the parties agree are ministerial in nature. The Escrow Agent shall have no liability under, and no duty to inquire as to the provisions of, any agreement (except as to the capitalized terms used herein and defined in the Purchase Agreement) other than this Escrow Agreement. If in doubt as to its duties and responsibilities hereunder, the Escrow Agent may consult with counsel of its choice and shall be protected in any action taken or omitted in connection with the advice or opinion of such counsel.
Duties in General. The Liquidating Trustee and the Trust Advisory Board shall take such actions consistent with the orderly liquidation of the Trust Assets as are required by applicable law, including such actions permitted under Sections 3.2, 3.3, 3.4 and 5.5 hereof and shall, in an as expeditious and orderly manner as possible, liquidate and convert to Cash the Trust Assets, make timely Distributions, and not unduly prolong the duration of the Liquidating Trust. In taking any action required or permitted under this Trust Agreement, the Liquidating Trustee and the Trust Advisory Board shall exercise their reasonable business judgment. Subject to the foregoing duties, the Liquidating Trustee and the Trust Advisory Board shall have the absolute discretion, except as otherwise expressly set forth herein, to pursue or not to pursue any transaction, course of conduct, course of dealing, and any and all claims, rights or Causes of Action, as they determine are in the best interests of the Trust Holders and consistent with the purposes of the Liquidating Trust and, in the exercise of such discretion and reasonable business judgment, shall have no liability for the ultimate outcome of any decision.
Duties in General. (a) The duties, responsibilities and obligations of Escrow Agent shall be limited to those set forth herein, which the parties agree are ministerial in nature, and no duties, responsibilities or obligations shall be inferred or implied. Save as provided in Section 17, Escrow Agent shall not be subject to, nor required to comply with, any other agreement between or among the Sellers, the Sellers’ Representative, and the Buyer, even though reference thereto may be made herein, or to comply with any direction or instruction from the Sellers’ Representative or the Buyer other than those contained herein or delivered in accordance with this Escrow Agreement. Escrow Agent shall not be required to, and shall not, expend or risk any of its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder in accordance with the terms set forth herein.
