Appoint Custodians Sample Clauses

Appoint Custodians. Appoint or cause to be appointed domestic Custodians (including Affiliates of the Trustee) as to part or all of the Fund Property, provided the Trustee shall not be responsible or liable for any losses or damages suffered by the Trust arising as a result of the insolvency of any such Custodian, except to the extent the Trustee failed to adhere to the Standard of Care in the selection, appointment or continued retention of such Custodian. The Trustee shall be responsible for holding its Custodians to a commercially reasonable standard of care under their contract of appointment. Where a Custodian has caused a loss to the Trust, the Trustee agrees, upon written request by the Company, to pursue commercially reasonable remedies on behalf of the Trust against any such Custodian. Upon request by the Company, the Trustee shall provide the Company with a list of its current Custodians.
AutoNDA by SimpleDocs
Appoint Custodians. Appoint or cause to be appointed domestic Custodians, including Affiliates of the Trustee (provided such Affiliate is appointed on market terms and conditions), as to part or all of the Fund Property. The Trustee shall be responsible for holding its Custodians to the Standard of Care under their contract of appointment. Upon request by the Company, the Trustee shall provide the Company with a list of its current Custodians;
Appoint Custodians. Appoint or cause to be appointed domestic Custodians, including Affiliates of the Trustee, as to part or all of the Fund Property, provided the Trustee shall not be responsible or liable for any losses or damages suffered by the Trust arising as a result of the insolvency of any such Custodian, except to the extent the Trustee failed to adhere to the Standard of Care in the selection, appointment, supervision or continued retention of such Custodian. The Trustee shall be responsible for holding its Custodians to a commercially reasonable standard of care under their contract of appointment. Upon request by the Company, the Trustee shall provide the Company with a list of its current Custodians. Where a Custodian has caused a loss to the Trust, the Trustee agrees, upon written request by the Company that the Trustee will pursue commercially reasonable remedies on behalf of the Trust against any such Custodian. If the Company has requested the Trustee to take such action and the Trustee is not doing so promptly or is not diligently pursuing such action, the Beneficiaries may pursue any remedy against such Custodian in the name of, and on behalf of, the Trust for the benefit of the Trust, but no property from the Fund may be used for the purposes of the Company pursuing such a remedy.

Related to Appoint Custodians

  • Xxxxxxxx Custodians The Custodian of your IRA must be a bank, savings and loan association, credit union, or a person or entity approved by the Secretary of the Treasury.

  • Custodians The Administrative Trustee may at any time appoint one or more custodians (each, a “Custodian”) to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may terminate any such Custodian at any time and is not required to appoint a replacement therefor.

  • Eligible Custodians The custodian of your Xxxx XXX must be a bank, savings and loan association, credit union, or a person or entity approved by the Secretary of the Treasury.

  • Custodial Services The charges and expenses of the custodian appointed by the Trust for custodial services;

  • Custodian The term “

  • AGENT/MANAGER (check one) ☐ - The Landlord does have a manager on the Premises that can be contacted for any maintenance or repair at: Name: [MANAGER'S/AGENT'S NAME] Telephone: [TELEPHONE NUMBER]

  • Lead Customer Service Agent Baggage Addressed to Customer Service Agents, Central Baggage Performance Agents and Central Baggage Tracing Agents. Selection will be on the basis of basic classification seniority. NOTE: Secondary consideration to be given to Lead Station Attendants, Station Attendants, Cargo Communications Operators, Station Attendants – Part-Time, all Cabin Servicing & Cleaning Attendants (full time and part-time) at the point only.. Selection will be on the basis of the applicant’s seniority in basic classification.

  • CONTRACTOR CUSTOMER SERVICE REPRESENTATIVE Contractor shall designate a customer service representative (and inform Enterprise Services of the same) who shall be responsible for addressing Purchaser issues pertaining to this Master Contract.

  • Appointment of Representatives 6.01 The Employer acknowledges the right of the Union to appoint employees as Representatives of the Union.

  • Appointment of Settlement Administrator After obtaining a quote from mutually acceptable and qualified settlement administrators, the Parties have mutually agreed to ask the Court to appoint Simpluris as the qualified administrator, to serve as the Settlement Administrator, which, as a condition of appointment, will agree to be bound by this Agreement with respect to the performance of its duties and its compensation. The Settlement Administrator’s duties will include preparing, printing, and mailing the Class Notice Packet to all Class Members; conducting a National Change of Address search to update Class Member addresses before mailing the Class Notice Packets; re-mailing Class Notice Packets that are returned to the Class Member’s new address; setting up a toll-free telephone number to receive calls from Class Members; receiving and reviewing for validity completed Elections Not to Participate in Settlement; providing the Parties with weekly status reports about the delivery of Class Notice Packets and receipt of completed Elections Not to Participate in Settlement; calculating Settlement Shares; issuing the checks to effectuate the payments due under the Settlement; issuing the tax reports required under this Settlement; and otherwise administering the Settlement pursuant to this Agreement. The Settlement Administrator will have the authority to resolve all disputes concerning the calculation of a Participating Class Member’s Settlement Share, subject to the dollar limitations and calculations set forth in this Agreement. The Settlement Administration Expenses, including the cost of printing and mailing the Class Notice Packet, will be paid out of the Gross Settlement Amount. The Settlement Administrator shall have its own Employer Identification Number under Internal Revenue Service Form W-9 and shall use its own Employer Identification Number in calculating payroll withholdings for taxes and shall transmit the required employers’ and employees’ share of the withholdings to the appropriate state and federal tax authorities. The Settlement Administrator shall establish a settlement fund that meets the requirements of a Qualified Settlement Fund (“QSF”) under US Treasury Regulation section 468B-1.

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