Common use of No Discretion Clause in Contracts

No Discretion. The Escrow Agent may act through agents or attorneys-in-fact, by and under a power of attorney duly executed by the Escrow Agent in carrying out any of the powers and duties pursuant to this Escrow Agreement, subject to clause (b) of Section 6.05(a) hereof. The Escrow Agent shall not be required to exercise any discretion hereunder.

Appears in 4 contracts

Samples: Escrow Agreement, Escrow Agreement (Hertz Corp), Escrow Agreement (Hertz Global Holdings Inc)

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No Discretion. The Escrow Agent may act through agents or attorneys-in-fact, by and under a power of attorney duly executed by the Escrow Agent in carrying out any of the powers and duties pursuant to this Escrow Agreement, subject to clause (b) of Section 6.05(a) hereof). The Escrow Agent shall not be required to exercise any discretion hereunder.

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement (Hertz Global Holdings, Inc), Escrow Agreement (Hertz Global Holdings Inc)

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No Discretion. The Escrow Agent may act through agents or attorneys-in-fact, by and under a power of attorney duly executed by the Escrow Agent in carrying out any of the powers and duties pursuant to this Escrow Agreement, subject to clause (b) of Section 6.05(a6.5(a) hereof. The Escrow Agent shall not be required to exercise any discretion hereunder.

Appears in 1 contract

Samples: Escrow Agreement (Vanguard Car Rental Group Inc.)

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