SUBCONTRACTING BY AGENT Sample Clauses

SUBCONTRACTING BY AGENT. The Agent may, with the written approval of the Trust (such approval not to be unreasonably withheld or delayed), subcontract for the performance of the Agent's obligations hereunder with any one or more persons, including but not limited to any one or more persons which is an affiliate of the Agent; provided, however, that the Agent shall be as fully responsible to the Trust for the acts and omissions of any subcontractor as it would be for its own acts or omissions.
AutoNDA by SimpleDocs
SUBCONTRACTING BY AGENT. The Agent may subcontract for the performance of the Agent's obligations hereunder with any one or more persons, including but not limited to any one or more persons which is an affiliate of the Agent; PROVIDED, HOWEVER, that the Agent shall be as fully responsible to the Trust for the acts and omissions of any subcontractor as it would be for its own acts or omissions. The Agent shall notify the Trust of any such arrangements no later than the next meeting of the Trust's Board of Trustees following the entry by the Agent into such arrangements. Notwithstanding this paragraph or paragraph 11 of this Agreement, the Trust reserves the right to terminate this Agreement immediately or upon such notice as the Trust, in its sole discretion, determines to give, and without payment of any penalty, if the Trust notifies the Agent that any subcontractor of the Agent is unacceptable to the Trust for any reason and the Agent does not terminate its arrangements with such subcontractor as promptly as reasonably practicable.
SUBCONTRACTING BY AGENT. The Agent may, with the written approval of the Trust (such approval not to be unreasonably withheld or delayed), subcontract for the performance of the Agent's obligations hereunder with any one or more persons, including but not limited to any one or more persons which is an affiliate of the Agent; provided, however, that the Agent shall be as fully responsible to the Trust for the acts and omissions of any subcontractor as it would be for its own acts or omissions. The Trust hereby approves the use of Boston Data Financial Services, Inc. as a subcontractor of the Agent hereunder.
SUBCONTRACTING BY AGENT. The Agent may subcontract for the performance of the Agent's obligations hereunder with any one or more persons, including but not limited to any one or more persons which is an affiliate of the Agent; provided, however, that the Agent shall be as fully responsible to the Company for the acts and omissions of any subcontractor as it would be for its own acts or omissions. The Agent shall notify the Company of any such arrangements no later than the next meeting of the Company's Board of Directors following the entry by the Agent into such arrangements. Notwithstanding this paragraph or paragraph 11 of this Agreement, the Company reserves the right to terminate this Agreement immediately or upon such notice as the Company, in its sole discretion, determines to give, and without payment of any penalty, if the Company notifies the Agent that any subcontractor of the Agent is unacceptable to the Company for any reason and the Agent does not terminate its arrangements with such subcontractor as promptly as reasonably practicable.
SUBCONTRACTING BY AGENT. Agent shall perform any combination of the Shareholder Services and Other Related Services described in Section 2.1 of this Agreement and may subcontract for the performance of some or all of these services with third-parties acting as subcontractor or sub- agent: (a) who are record owners of Fund shares; (b) with whom Shareholders have established an account that invests in shares; or (c) who otherwise provide Shareholder Services and Other Related Services for Shareholders. Such third-parties may include, without limitation, any person who is an affiliate of Agent. Unless Investment Company otherwise expressly agrees in writing, Agent shall be to the same extent responsible and/or liable to the Investment Company for the acts or omissions of any subcontractor or sub-agent as it would be to the Investment Company for its own acts or omissions.
SUBCONTRACTING BY AGENT. Notwithstanding Section 5.3, the Agent is authorized to contract with qualified independent contractors with proper licenses and/or certifications when necessary for general maintenance or repair of major mechanical systems. All contracts by Agent shall be subject to County's procurement rules and regulations, which Owner has provided to Agent. Subject to reasonable costs, Agent may perform any of Agent’s duties, and obtain necessary products and services, through affiliated companies or organizations in which Agent may own an interest. Agent shall disclose in writing to Owner any such relationships as they occur, and Agent shall not receive any commissions or profits from unaffiliated companies in performance of this agreement, without prior disclosure to Owner. Agent does not guarantee the inspections, services, products or repairs provided by others to the Property, even if recommended or referred by Agent.

Related to SUBCONTRACTING BY AGENT

  • Subcontracting 6.1 The Grantee is responsible for the performance of its obligations under this Agreement, including in relation to any tasks undertaken by subcontractors.

  • Subcontractor Any vendor, subcontractor or other Person that is not responsible for the overall servicing (as “servicing” is commonly understood by participants in the mortgage-backed securities market) of Mortgage Loans but performs one or more discrete functions identified in Item 1122(d) of Regulation AB with respect to Mortgage Loans under the direction or authority of the Servicer or a Subservicer.

  • Subcontract The Distributor may, at its expense and with the approval of the Trustees, appoint another firm or company as its sub-distributor or agent. The Distributor shall not, however, be relieved of any of its obligations under this Agreement by the appointment of such sub-distributor or agent.

  • Subcontractors The Contractor will not subcontract any work under the Contract without prior written consent of the Department. The Contractor is fully responsible for satisfactory completion of all its subcontracted work. The Department supports diversity in its procurements and contracts, and requests that the Contractor offer subcontracting opportunities to certified woman-, veteran-, and minority-owned small businesses. The Contractor may contact the OSD at xxxxxxx@xxx.xxxxxxxxx.xxx for information on certified small business enterprises available for subcontracting opportunities.

  • Funding by Lenders; Presumption by Agent Unless Agent shall have received notice from a Lender prior to the proposed date of any Committed Borrowing of Eurodollar Rate Loans (or, in the case of any Committed Borrowing of Base Rate Loans, prior to 12:00 noon on the date of such Committed Borrowing) that such Lender will not make available to Agent such Lender’s share of such Committed Borrowing, Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02 (or, in the case of a Committed Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance upon such assumption, make available to Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Committed Borrowing available to Agent, then the applicable Lender and Borrower severally agree to pay to Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to Borrower to but excluding the date of payment to Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by Agent in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by Agent in connection with the foregoing and (B) in the case of a payment to be made by Borrower, the interest rate applicable to Base Rate Loans. If Borrower and such Lender shall pay such interest to Agent for the same or an overlapping period, Agent shall promptly remit to Borrower the amount of such interest paid by Borrower for such period. If such Lender pays its share of the applicable Committed Borrowing to Agent, then the amount so paid shall constitute such Lender’s Committed Loan included in such Committed Borrowing. Any payment by Borrower shall be without prejudice to any claim Borrower may have against a Lender that shall have failed to make such payment to Agent.

  • Subcontracts The contractor or subcontractor shall insert in any subcontracts the clauses set forth in paragraph (1.) through (4.) of this section and also a clause requiring the subcontractors to include these clauses in any lower tier subcontracts. The prime contractor shall be responsible for compliance by any subcontractor or lower tier subcontractor with the clauses set forth in paragraphs (1.) through (4.) of this section.

  • Assignment; Subcontracting (a) Except as expressly provided in Section 12(b) below, this Agreement shall not be assignable or delegable, whether by merger, operation of law or otherwise, by any Fund without the written consent of BNY Mellon, or by BNY Mellon without the written consent of the affected Fund, in each case which consent may not be unreasonably withheld. This Agreement shall extend to and shall be binding upon the Parties hereto, and their permitted successors and assigns.

  • Use of Subservicers and Subcontractors The Servicer shall not hire or otherwise utilize the services of any Subservicer to fulfill any of the obligations of the Servicer as servicer under this Agreement or any Reconstitution Agreement unless the Servicer complies with the provisions of paragraph (a) of this Section. The Servicer shall not hire or otherwise utilize the services of any Subcontractor, and shall not permit any Subservicer to hire or otherwise utilize the services of any Subcontractor, to fulfill any of the obligations of the Servicer as servicer under this Agreement or any Reconstitution Agreement unless the Servicer complies with the provisions of paragraph (b) of this Section.

Time is Money Join Law Insider Premium to draft better contracts faster.