Common use of Delegation Clause in Contracts

Delegation. The Pledgee shall have full power to delegate (either generally or specifically) the powers, authorities and discretions conferred on it by this Agreement on such terms and conditions as it shall see fit. The Pledgee shall only remain liable for diligently selecting and providing initial instructions to such delegate.

Appears in 114 contracts

Samples: Account Pledge Agreement, www.sec.gov, Share Pledge Agreement (Reynolds Group Holdings LTD)

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Delegation. The Pledgee shall have full power to delegate (either generally or specifically) the powers, authorities and discretions conferred on it by this Agreement on such terms tenns and conditions as it shall see fit. The Pledgee shall only remain liable for diligently selecting and providing initial instructions to such delegate.

Appears in 2 contracts

Samples: Share Pledge Agreement (Reynolds Group Holdings LTD), Share Pledge Agreement (Reynolds Group Holdings LTD)

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