Entrustment definition

Entrustment means handling over the property by one person to another person in such a manner so that the person on whose behalf the property is handed over continuous to be owner. [Surendra Pal Singh vs. State of Uttar Pradesh, AIR 1957 All 122] The word entrusted in the section is very important unless there is entrustment, there can be no offence under the section. [Ramaswami Nadar v. State of Madras, AIR 1958 SC 56]

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Entrustment the entrustment arrangements under the Entrustment Agreement “Entrustment Agreement” the entrustment agreement dated 28 December 2022 entered into among Tianshan Cement, CCCC, China Urban-Rural and Qilianshan Cement

Entrustment as defined in Whereas 3

Examples of Entrustment in a sentence

• Entrustment of tasks does not alter the overall responsibilities of the Authorities.

• Pursuant to the HSR Preliminary Entrustment Agreement, the Government is obligated to pay the Company the Company’s in-house design costs and certain on-costs, preliminary costs and staff costs.

• Accordingly, the Liability Cap increases from up to HK$4.94 billion to up to HK$6.69 billion as the HSR Project Management Fee is increased in accordance with the HSR Agreement (as it will be equal to the increased HSR Project Management Fee under the HSR Entrustment Agreement of HK$6.34 billion plus the additional fees referred to above).

• Under the HSR Entrustment Agreement, the Liability Cap is equal to the HSR Project Management Fee and any other fees that the Company receives under HSR Entrustment Agreement and certain fees received by the Company under the Preliminary Entrustment Agreement.

• On 24th November 2008, the Government and the Company entered into an entrustment agreement for the design of and site investigation and procurement activities in relation to the HSR (the “HSR Preliminary Entrustment Agreement”).

• The Entrustment Agreements contain dispute resolution mechanisms which include the right to refer a dispute to arbitration.

• The Company and the Government entered into the SCL Preliminary Entrustment Agreement (“SCL EA1”) in 2008, the SCL Advance Works Entrustment Agreement (“SCL EA2”) in 2011, and the SCL Entrustment Agreement (“SCL EA3”) in 2012 (together, the “SCL Agreements”), in relation to the SCL.

• Entrustment of the additional items contingent on the main work will be authorized by the Engineering and Maintenance Unit NIT Warangal.

• In order to carry out comprehensive cooperation, in addition to this Agreement, at the same time as the execution of this agreement, certain Parties have signed a series of Cooperation Agreements, including but not limited to, the Exclusive Technical Service and Management Consulting Agreement, the Exclusive Call Option Agreement, the Equity Pledge Agreement, the Shareholders’ Rights Entrustment Agreement and the Shareholders’ Rights Power of Attorney.

• The funds for Entrustment Loan shall be obtained from legitimate sources and may not be credit-extending fund obtained from the Lender; otherwise the Entrustor shall bear legal liability correspondingly.

More Definitions of Entrustment

Entrustment the definition in Whereas 2 of the clauses herein.

Entrustment the entrustment by ▇▇. ▇▇ of part of his voting rights in the Target Company to Tequ Mayflower WFOE pursuant to the Voting Rights Proxy Agreement;