APPOINTMENT OF AGENT; PRUDENT MANAGEMENT SATISFACTORY TO OHCS Sample Clauses

APPOINTMENT OF AGENT; PRUDENT MANAGEMENT SATISFACTORY TO OHCS. Owner acknowledges its appointment of Agent, and Agent acknowledges its appointment by Owner, as exclusive management agent for Owner with respect to the Project pursuant to the terms of the referenced Management Agreement and subject to the terms of this Agreement and other applicable Program Requirements. Agent will manage, and Owner will ensure management of, the Project in a reasonable and a prudent business manner consistent with this Agreement and other applicable Program Requirements, - in a manner satisfactory to OHCS. SECTION 3. COMPLIANCE WITH PROGRAM REQUIREMENTS; RENTAL RATES.
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Related to APPOINTMENT OF AGENT; PRUDENT MANAGEMENT SATISFACTORY TO OHCS

  • APPOINTMENT OF AGENTS The Custodian may at any time or times in its discretion appoint (and may at any time remove) any other bank or trust company which is itself qualified under the Investment Company Act of 1940, as amended, to act as a custodian, as its agent to carry out such of the provisions of this Article 2 as the Custodian may from time to time direct; provided, however, that the appointment of any agent shall not relieve the Custodian of its responsibilities or liabilities hereunder.

  • APPOINTMENT OF THE CALCULATION AGENT The Calculation Agent is appointed, and the Calculation Agent agrees to act, as Calculation Agent in respect of each Series of Notes described in the Schedule (the Relevant Notes) for the purposes set out in clause 2 and on the terms of this Agreement. The agreement of the parties that this Agreement is to apply to each Series of Relevant Notes shall be evidenced by the manuscript annotation and signature in counterpart of the Schedule.

  • Appointment of Process Agent The Issuer irrevocably appoints Xxxxxxx & Co. Notaries at Xxx Xxxxx Xxxx, London EC2V 8AE as its agent for service of process in any proceedings before the English courts in relation to any Dispute, and agrees that, in the event of Xxxxxxx & Co. Notaries being unable or unwilling for any reason so to act, it will immediately appoint another person as its agent for service of process in England in respect of any Dispute. The Issuer agrees that failure by a process agent to notify it of any process will not invalidate service. Nothing herein shall affect the right to serve process in any other manner permitted by law.

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