Allocation and Delegation of Responsibilities. The Administrative Services may be furnished by any directors, officers or employees of the Manager or of affiliates of the Manager. The Manager may, at the expense of the Manager, retain the services of a third party as its delegate, under the Manager’s supervision, to provide in its stead any Administrative Service; provided, however, that any such delegation to a third party shall be subject to the approval of Trust’s
Allocation and Delegation of Responsibilities. If more than one person is appointed as Administrator, the responsibilities of each Administrator may be specified by the Employer and accepted in writing by each Administrator. In the event that no such delegation is made by the Employer, the Administrators may allocate the responsibilities among themselves, in which event the Administrators shall notify the Employer and the Trustee in writing of such action and specify the responsibilities of each Administrator. The Trustee thereafter shall accept and rely upon any documents executed by the appropriate Administrator until such time as the Employer or the Administrators file with the Trustee a written revocation of such designation.
Allocation and Delegation of Responsibilities. The Administrative Services may be furnished by any directors, officers or employees of the Manager or of affiliates of the Manager. The Manager may, at the expense of the Manager, retain the services of a third party as its delegate, under the Manager’s supervision, to provide in its stead any Administrative Service; provided, however, that any such delegation to a third party shall be subject to the approval of [Trust/Company]’s Board of [Director/Trustee]s. The Manager shall remain liable to the [Trust/Company] for any service delegated to a third party pursuant to this Section 2(d)(ii) to the same extent as if the Manager provided the services itself.
Allocation and Delegation of Responsibilities. The Administrative Services may be furnished by any directors, officers or employees of the Administrator or of affiliates of the Administrator. The Administrator may, at the expense of the Administrator, retain the services of a third party as its delegate, under the Administrator’s supervision, to provide in its stead any Administrative Service; provided, however, that any such delegation to a third party shall be subject to the approval of Fund’s Board of Directors/Trustees. The Administrator shall remain liable to the Fund for any service delegated to a third party pursuant to Section 5 to the same extent as if the Administrator provided the services itself.
Allocation and Delegation of Responsibilities. 48 9.04 Powers, Duties and Responsibilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 9.05
Allocation and Delegation of Responsibilities. If more than one person is appointed to serve on the Benefits Committee, the responsibilities of each member may be specified by the Plan Administrator and accepted in writing by each member. In the event that no such delegation is made by the Plan Administrator, the Benefits Committee members may allocate the responsibilities among themselves, in which event the Benefits Committee shall notify the Plan Administrator and the Trustee in writing of such action and specify the responsibilities of each member of the Benefits Committee. The Trustee thereafter shall accept and rely upon any documents executed by the appropriate member of the Benefits Committee until such time as the Plan Administrator or the Benefits Committee files with the Trustee a written revocation of such designation.
Allocation and Delegation of Responsibilities. 13 2.4 POWERS AND DUTIES OF THE ADMINISTRATOR ...........................13 2.5
Allocation and Delegation of Responsibilities. If more than one person is appointed as Trustee, the responsibilities of each Trustee may be specified by the Employer and accepted in writing by each Trustee. In the event that no such delegation is made by the Employer, the Trustees may allocate the responsibilities among themselves in a written document signed by all Trustees, in which event the Trustees shall notify the Employer and the Administrator in writing of such action and specify the responsibilities of each Trustee. The Administrator thereafter shall accept and rely upon any documents executed by the appropriate Trustee until such time as the Employer or the Trustees file with the Administrator a written revocation of such designation.
Allocation and Delegation of Responsibilities. If more than one person is appointed as Administrator, the responsibilities of each Administrator may be specified by the Employer and accepted in writing by each Administrator. In the event that no such delegation is made by the Employer, the Administrators may allocate the responsibilities among themselves, in which event the Administrators shall notify the Employer and the Insurer (or Trustee, if applicable) in writing of such action and specify the responsibilities of each Administrator. The Insurer (or Trustee, if applicable) thereafter shall accept and rely upon any documents executed by the appropriate Administrator until such time as the Employer or the Administrators file with the Insurer (or Trustee, if applicable) a written revocation of such designation.
Allocation and Delegation of Responsibilities. The named fiduciary with respect to the Plan and Trust within the meaning of Section 402 of ERISA shall be the Plan Administrator. The responsibilities of the Employer, the Plan Administrator and the Trustee shall be allocated as provided herein and in the Adoption Agreements, and each shall have only those responsibilities and obligations that are specifically imposed upon him by this Plan and the applicable Adoption Agreement. It is intended that each such person shall be responsible for the proper exercise of his own powers, duties, responsibilities and obligations under the Plan and shall not be responsible for any act or omission of any other person. Each such person shall be entitled to delegate all or any part of his responsibilities and obligations to any other person or entity. In the event of any such delegation, (a) the person making such delegation shall not be liable for any act or omission of the person to whom the responsibility has been delegated as long as the selection and retention of such person is prudent and (b) the person to whom the powers and obligations are delegated shall be responsible only for the proper exercise of the powers, duties, responsibilities and obligations that have been specifically delegated to him.
