Common use of POWER OF DEBENTURE TRUSTEE TO DELEGATE Clause in Contracts

POWER OF DEBENTURE TRUSTEE TO DELEGATE. The Debenture Trustee hereof being a company may, in the execution and exercise or all or any of the trusts, powers, authorities and discretion vested in them by these presents act by an officer or officers for the time being of the Debenture Trustee and the Debenture Trustee may also whenever they think it expedient, delegate by Power of Attorney or otherwise to any such officer all or any of the trusts, powers, authorities and discretion vested in them by these presents and any such delegation may be made upon such terms and conditions and subject to such regulations (including power to sub-delegate) as the Debenture Trustee may think fit and the Debenture Trustee shall not be bound to supervise the proceedings or be in anyway responsible for any loss incurred by reason of any misconduct or default or any mistake, oversight, error of judgement, forgetfulness or want of prudence on the part of any such delegate or sub-delegate.

Appears in 2 contracts

Samples: www.bseindia.com, www.bseindia.com

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POWER OF DEBENTURE TRUSTEE TO DELEGATE. The Debenture Trustee hereof being a company Company or a Corporation or any institution in the public sector may, in the execution and exercise or of all or any of the trusts, powers, authorities and discretion discretions vested in them by these presents act by an officer or officers for the time being of the Debenture Trustee and the Debenture Trustee may also also, whenever they think it expedient, delegate by Power of Attorney or otherwise to any such officer all or any of the trusts, powers, authorities and discretion discretions vested in them by these presents and any such delegation may be made upon such terms and conditions and subject to such regulations (including power to sub-sub- delegate) as the Debenture Trustee may think fit and the Debenture Trustee shall not be bound to supervise the proceedings or and shall be in anyway responsible for any loss incurred by reason of any misconduct or default or any mistake, oversight, error of judgementjudgment, forgetfulness or want of prudence on the part of any such delegate or sub-delegate.

Appears in 1 contract

Samples: sattvaholding.com

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POWER OF DEBENTURE TRUSTEE TO DELEGATE. The Debenture Trustee hereof being a company or a corporation or any institution in the public sector may, in the execution and exercise or of all or any of the trusts, powers, authorities and discretion discretions vested in them by these presents act by an officer or officers for the time being of the Debenture Trustee and the Debenture Trustee may also also, whenever they think it expedient, delegate by Power a power of Attorney attorney or otherwise to any such officer all or any of the trusts, powers, authorities and discretion discretions vested in them by these presents and any such delegation may be made upon such terms and conditions and subject to such regulations (including power to sub-sub- delegate) as the Debenture Trustee may think fit and the Debenture Trustee shall not be bound to supervise the proceedings or and shall be in anyway responsible for any loss incurred by reason of any misconduct or default or any mistake, oversight, error of judgementjudgment, forgetfulness or want of prudence on the part of any such delegate or sub-delegate.

Appears in 1 contract

Samples: www.bseindia.com

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