Common use of Certain Duties and Responsibility Clause in Contracts

Certain Duties and Responsibility. The CDI Depositary agrees to perform such duties as are specifically set forth in this Agreement. The CDI Depositary may perform or execute any of its duties or powers hereunder directly or, with prior written approval of the Company (which shall not be unreasonably withheld or delayed), through its agents and shall not be responsible for any willful misconduct or negligence of any agent appointed with due care and approved hereunder, which agent shall be responsible to the Company for its willful misconduct or negligence.

Appears in 4 contracts

Samples: Deposit Agreement (Delhaize US Holding, Inc.), Deposit Agreement (Delhaize Group), Deposit Agreement (Shop 'N Save-Mass, Inc.)

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Certain Duties and Responsibility. The CDI Depositary agrees to perform such duties as are specifically set forth in this the Deposit Agreement. The CDI Depositary may perform or execute any of its duties or powers hereunder directly or, with prior written approval of the Company (which shall not be unreasonably withheld or delayed), through its agents and shall not be responsible for any willful misconduct or negligence of any agent appointed with due care and approved hereunder, which agent shall be responsible to the Company for its willful misconduct or negligence.

Appears in 3 contracts

Samples: Deposit Agreement (Delhaize US Holding, Inc.), Deposit Agreement (Delhaize Group), Deposit Agreement (Shop 'N Save-Mass, Inc.)

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