To delegate Sample Clauses
The "To delegate" clause authorizes one party to assign or transfer certain duties or responsibilities under the agreement to another person or entity. In practice, this means that if a party is unable or unwilling to perform a specific task themselves, they may appoint a third party to fulfill that obligation, often with the original party remaining ultimately responsible for the outcome. This clause is essential for providing flexibility in contract performance, allowing parties to manage workloads or utilize specialized expertise while ensuring that contractual obligations are still met.
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To delegate. The Trustees shall have power:
9.13.1. To delegate in the exercise of their discretion and the performance of their duties under this Deed the administrative and management functions and powers (excluding investment powers) to any professional adviser and appoint any such person as their agent to transact all or any business and to act on the advice or opinion (including advice in relation to investments) of any professional adviser so that the Trustees shall not be responsible for anything done or omitted to be done or suffered to be done in good faith in reliance on such advice or opinion.
9.13.2. To delegate any of their powers (including fiduciary powers) and duties under this Deed including the exercise of any discretion to any person or company.
9.13.3. To revoke any delegation made under this Clause 9.13.
To delegate. Power (notwithstanding any rule of law to the contrary) by deed or deeds revocable during the Trust Period or irrevocable to delegate to any person or persons (including one or more of themselves) for any period and upon such terms and conditions as they shall think fit the execution or exercise of all or any of the trusts powers and discretions by this Deed or by law conferred on the Trustees in respect of all or such part or parts of the capital or the income subject to these trusts as are specified in such deed or deeds.