Common use of Nondiscretionary Powers Clause in Contracts

Nondiscretionary Powers. The Master Custodial Administration Agreement Administrator shall have the following nondiscretionary powers which it shall exercise only upon the instructions of the Plan Administrator, Investment Manager or other authorized person without regard to diversification or to whether any particular investment is authorized by the laws of any jurisdiction for fiduciary investments:

Appears in 4 contracts

Samples: Client Services Agreement, Client Services Agreement, Client Services Agreement

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