Appointment of Authorized Persons Sample Clauses

Appointment of Authorized Persons. The Client and each Investment Manager will provide the Custodian with a list of the names and (if applicable) signatures, of Authorized Persons in a form agreed by the parties from time to time. The Custodian may rely upon the authority of each Authorized Person until it receives written notice to the contrary from the Client and has had a reasonable time to act on such notice.
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Appointment of Authorized Persons. 14.1 The Client hereby appoints the person(s) specified in Account Opening Application Form and/or such form(s) the Broker may prescribe from time to time hereto (“Authorized Persons”) to be the Client’s true and lawful attorney to act for the Client in the Client’s name or in the name of the Authorized Persons to do the acts and things set in the following hereto for the purposes of the purchase and sale of Securities, subject to the authorization arrangement as specified in Account Opening Application Form: (a) To give Instructions in respect of the purchase and sale of Securities through the Client’s Account. (b) And to act generally in such matters and dealings for the purposes of completing the purchase and sale of Securities provided always that the proceeds of any purchase and sale of Securities in respect of the Client’s Account shall only be dealt with in accordance with the arrangement agreed between the Broker and the Client. 14.2 The Client hereby undertakes to ratify and confirm everything which the Authorized Persons shall lawfully do or cause to be done by virtue of these presents. 14.3 The Client further declares that any act done or document signed by the Authorized Persons shall be conclusive and binding on the Client and his personal representative(s) notwithstanding the revocation (if any) of these presents until such revocation in writing shall have been delivered to the Broker. 14.4 The Client hereby agrees to indemnify the Broker for all losses, claims, liabilities, costs and expenses which the Broker may incur as result of any act or thing done by the Authorized Persons purportedly pursuant to this Apppointment of Authorized Person (s) or otherwise on the Client’s behalf. 14.5 Where two or more persons are specified in Account Opening Application Form and/or such form(s) the Broker may prescribe from time to time hereto, the appointment hereby effected shall be joint and several to the intent that they and each of them may act for the Client for the purposes aforesaid in the Client’s name or in their names or any of them.
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Appointment of Authorized Persons. The Client and each Investment Manager will provide State Street with a list of the names and (if applicable) signatures, of Authorized Persons in a form agreed by the parties from time to time. State Street may rely upon the authority of each Authorized Person until it receives written notice to the contrary from the Client and has had a reasonable time to act on such notice.
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Related to Appointment of Authorized Persons

  • Appointment of Auditors 33.2.1 The Concessionaire shall appoint, and have during the subsistence of this Agreement as its Statutory Auditors, a firm chosen by it from the mutually agreed list of 10 (ten) reputable firms of chartered accountants (the “Panel of Chartered Accountants”), such list to be prepared substantially in accordance with the criteria set forth in Schedule-T. All fees and expenses of the Statutory Auditors shall be borne by the Concessionaire. 33.2.2 The Concessionaire may terminate the appointment of its Statutory Auditors after a notice of 45 (forty five) days to the Authority, subject to the replacement Statutory Auditors being appointed from the Panel of Chartered Accountants. 33.2.3 Notwithstanding anything to the contrary contained in this Agreement, the Authority shall have the right, but not the obligation, to appoint at its cost from time to time and at anytime, another firm (the “Additional Auditors”) from the Panel of Chartered Accountants to audit and verify all those matters, expenses, costs, realisations and things which the Statutory Auditors are required to do, undertake or certify pursuant to this Agreement.

  • 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 Agent GE Capital is hereby appointed to act on behalf of all Lenders as Agent under this Agreement and the other Loan Documents. The provisions of this Section 9.2 are solely for the benefit of Agent and Lenders and no Credit Party nor any other Person shall have any rights as a third party beneficiary of any of the provisions hereof. In performing its functions and duties under this Agreement and the other Loan Documents, Agent shall act solely as an agent of Lenders and does not assume and shall not be deemed to have assumed any obligation toward or relationship of agency or trust with or for any Credit Party or any other Person. Agent shall have no duties or responsibilities except for those expressly set forth in this Agreement and the other Loan Documents. The duties of Agent shall be mechanical and administrative in nature and Agent shall not have, or be deemed to have, by reason of this Agreement, any other Loan Document or otherwise a fiduciary relationship in respect of any Lender. Except as expressly set forth in this Agreement and the other Loan Documents, Agent shall not have any duty to disclose, and shall not be liable for failure to disclose, any information relating to any Credit Party or any of their respective Subsidiaries or any Account Debtor that is communicated to or obtained by GE Capital or any of its Affiliates in any capacity. Neither Agent nor any of its Affiliates nor any of their respective officers, directors, employees, agents or representatives shall be liable to any Lender for any action taken or omitted to be taken by it hereunder or under any other Loan Document, or in connection herewith or therewith, except for damages caused by its or their own gross negligence or willful misconduct. If Agent shall request instructions from Requisite Lenders or all affected Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan Document, then Agent shall be entitled to refrain from such act or taking such action unless and until Agent shall have received instructions from Requisite Lenders or all affected Lenders, as the case may be, and Agent shall not incur liability to any Person by reason of so refraining. Agent shall be fully justified in failing or refusing to take any action hereunder or under any other Loan Document (a) if such action would, in the opinion of Agent, be contrary to law or the terms of this Agreement or any other Loan Document, (b) if such action would, in the opinion of Agent, expose Agent to Environmental Liabilities or (c) if Agent shall not first be indemnified to its satisfaction against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. Without limiting the foregoing, no Lender shall have any right of action whatsoever against Agent as a result of Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of Requisite Lenders or all affected Lenders, as applicable.

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