Common use of Delegations of power Clause in Contracts

Delegations of power. The Chief Executive Officer of the Portfolio Management Company shall have full powers with the power to substitute itself for the purpose of carrying out the transaction successfully, and in particular: - To approve the valuation of the assets and final exchange ratio. - To transfer to the Absorbing SICAV all securities included in the assets of the Absorbed Fund, sign to this effect all necessary deeds and documents, establish all confirmatory, additional or amending deeds that may be necessary, perform all necessary acts and formalities to facilitate the transfer of the assets of the Absorbed Fund to the Absorbing SICAV. - To comply with all formalities, make all declarations, in particular to the finance departments, and provide all notices to whomever. - In the event of difficulties, to engage or monitor all bodies.

Delegations of power. The Chief Executive Officer of the Portfolio Management Company shall have full powers with the power to substitute itself for the purpose of carrying out the transaction successfully, and in particular: - To approve the valuation of the assets and final exchange ratio. - To transfer to the Absorbing SICAV all securities included in the assets of the Absorbed Fund, sign to this effect all necessary deeds instruments and documents, establish all confirmatory, additional or amending deeds instruments that may be necessary, perform all necessary acts and formalities to facilitate the transfer of the assets of the Absorbed Fund to the Absorbing SICAV. - To comply with all formalities, make all declarations, in particular to the finance departments, and provide all notices to whomever. - In the event of difficulties, to engage or monitor all bodies.

Delegations of power. The Chief Executive Officer of the Portfolio Management Company shall have full powers with the power to present a substitute itself for the purpose of carrying out the transaction successfully, and in particular: - To approve the valuation of the assets and final exchange ratio. - To transfer to the Absorbing SICAV all securities included in the assets of the Absorbed Mutual Fund, sign to this effect all necessary deeds instruments and documents, establish all confirmatory, additional or amending deeds instruments that may be necessary, perform all necessary acts and formalities to facilitate the transfer of the assets of the Absorbed Mutual Fund to the Absorbing SICAV. - To comply with all formalities, make all declarations, in particular to the finance departmentsadministrations dealing with financial matters, and provide all notices to whomever. - In the event of difficulties, to engage or monitor all bodies.