Common use of Delegation of Duty Clause in Contracts

Delegation of Duty. In the performance of their respective obligations under this Agreement, KSI and its Affiliates may act directly or through agents, counsel (in-house or outside) or other persons, may delegate the performance of functions and may consult with agents, counsel (in-house or outside) and other persons. None of KSI or any of its Affiliates will be liable for the default or misconduct of any persons employed, consulted or engaged thereby. KSI and its Affiliates will be entitled to conclusively rely for all purposes upon any notice, document, correspondence, request or directive received by it from KSL or its Affiliates, or any officer or director of KSL or its Affiliates, and shall not be obligated to inquire (a) as to the authority or power of any person executing or presenting any such notice, document, correspondence, request or directive, or (b) as to the truthfulness of any statements set forth therein.

Appears in 4 contracts

Samples: Administrative Services Agreement (Kaneb Services LLC), Administrative Services Agreement (Kaneb Services LLC), Administrative Services Agreement (Kaneb Services LLC)

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