Ambiguous Duties Sample Clauses

Ambiguous Duties. If, with respect to a proposed action to be taken by it, the Fiscal Agent shall reasonably conclude in good faith that the provisions of this Agreement or any other Fiscal Agency Document relating to the functions or responsibilities or discretionary powers of the Fiscal Agent are or may be ambiguous or inconsistent, the Fiscal Agent shall notify the Enron Parties and the Claim Holders, identifying the proposed action and the provisions that it considers are ambiguous or inconsistent, and may decline either to perform such function or responsibility or to exercise such discretionary power unless it has received the written confirmation of the Majority Holders that the Majority Holders concur that the action proposed to be taken by the Fiscal Agent is consistent with the terms of this Agreement or is otherwise appropriate in the circumstances. The Fiscal Agent shall be fully protected in acting or refraining from acting upon the confirmation of the Majority Holders in this respect, and such confirmation shall be binding upon the Fiscal Agent, the Enron Parties and the other Claim Holders.
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Related to Ambiguous Duties

  • Personal Duties The Employer and the Union agree that an employee will not be required to perform work not related to the business of the Employer. To this end, it is agreed that an employee will not be required to perform duties of a personal nature for supervisory personnel.

  • Grantee’s Duties The Grantee, who is not a state employee, will perform the duties specified in Attachment A, which is attached and incorporated into this grant agreement.

  • General Duties and Responsibilities 1. Responsibilities under the General Conditions of the Contract for Construction: In addition to the responsibilities herein set forth, Consulting Engineer/Architect agrees to be responsible for those matters identified in the General Conditions as being responsibilities of the Consulting Engineer/Architect. Consulting Engineer/Architect specifically acknowledges receipt of a copy of the General Conditions and acceptance of the responsibilities as set forth therein.

  • Extra Duties The Trustee shall be entitled to refuse to approve any Substituted Obligor if, pursuant to the law of the jurisdiction of incorporation of the Substituted Obligor, the assumption by the Substituted Obligor of its obligations hereunder imposes responsibilities on the Trustee over and above those which have been assumed under this Trust Deed.

  • Your Duties You must pay for and replace batteries as needed, unless the law provides otherwise. We may re- place dead or missing batteries at your expense, with- out prior notice to you. You must immediately report alarm or detector malfunctions to us. Neither you nor others may disable alarms or detectors. If you damage or disable the smoke alarm, or remove a battery with- out replacing it with a working battery, you may be li- able to us under Texas Property Code sec. 92.2611 for $100 plus one month’s rent, actual damages, and at- xxxxxx’x fees. You’ll be liable to us and others if you fail to report malfunctions, or fail to report any loss, dam- age, or fines resulting from fire, smoke, or water.

  • Professional Duties Professional duties defined in this Article identify the responsibilities performed by full-time faculty. Duties specific to individual programs shall be determined by the supervising administrator.

  • CLIENT’S DUTIES Client agrees to be truthful with Attorney, to cooperate, to keep Attorney informed of any information or developments which may come to Client’s attention, to abide by this Agreement, to pay Attorney’s bills on time and to keep Attorney advised of Client’s address, telephone number and whereabouts. Client will assist Attorney in providing information and documents necessary for the representation in the described matter.

  • Duties and Responsibilities (a) The Auction Agent is acting solely as agent for the Company hereunder and owes no fiduciary duties to any other Person by reason of this Agreement.

  • Duties The Advisor may, in its discretion, appoint the Sub-Advisor to perform one or more of the following services with respect to all or a portion of the investments of the Portfolio. The services and the portion of the investments of the Portfolio to be advised or managed by the Sub-Advisor shall be as agreed upon from time to time by the Advisor and the Sub-Advisor. The Sub-Advisor shall pay the salaries and fees of all personnel of the Sub-Advisor performing services for the Portfolio relating to research, statistical and investment activities.

  • Civic Duties An employee who is late for work as a result of duties as a volunteer fire fighter or licensed ambulance attendant or licensed rescue squad attendant, shall be granted use of annual leave and/or accrued compensatory leave to cover the period of lateness, provided that performance of said duties may be verified by the Employer.

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