Common use of Decision Authority Clause in Contracts

Decision Authority. Notwithstanding anything in this Agreement to the contrary, the Ceding Company shall have the right to direct the Administrator to take any action, or to refrain from taking any action in connection with, and shall retain the authority to make all final decisions with respect to, the performance of the Services, in each case, to the extent necessary to comply with applicable Law; provided, that in exercising such right, the Ceding Company shall act in good faith, taking into account the intent of the parties to, and the stated purposes of, this Agreement and the Transaction Agreements.

Appears in 4 contracts

Samples: FSS Administrative Services Agreement (Prudential Discovery Select Group Variable Contract Account), Administrative Services Agreement (Prudential Discovery Premier Group Variable Contract Account), FSS Administrative Services Agreement (Prudential Discovery Premier Group Variable Contract Account)

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