Common use of Continuation of Authority Clause in Contracts

Continuation of Authority. The Trustee shall have the right to assume, in the absence of written notice to the contrary, that no event constituting a change in the composition or authority of the Named Fiduciary or membership of the Administrative Committee or terminating the authority of any Person, including any Investment Manager, has occurred.

Appears in 1 contract

Samples: Trust Agreement (Omnicom Group Inc)

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Continuation of Authority. The Trustee shall have the right to assume, in the absence of written notice to the contrary, that no event constituting a change in the composition or authority of the Named Fiduciary or membership of the Administrative Committee or terminating the authority of any Person, including any Investment Manager, has occurred.

Appears in 1 contract

Samples: Trust Agreement (Bp Amoco PLC)

Continuation of Authority. The Master Trustee shall have the right to ------------------------- assume, in the absence of written notice to the contrary, that no event constituting a change in the composition or authority of the Named Fiduciary or membership of the Administrative Committee or terminating the authority of any Person, including any Investment Manager, has occurred.

Appears in 1 contract

Samples: Trust Agreement (NVR Inc)

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Continuation of Authority. The Trustee shall have the right to assume, in the absence of written notice to the contrary, that no event constituting a change in the composition or authority of the Named Fiduciary or membership of the Administrative Committee or terminating the authority of any Person, including any Investment Manager, has occurred.

Appears in 1 contract

Samples: Trust Agreement (FMC Corp)

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