POWERS AND DUTIES OF POOL MANAGER. Section 6.1 Requisite Acts and Conditions The Pool shall be managed and administered by ASFC. In that regard, ASFC agrees to perform the duties herein expressly required and reasonably implied of such management. ASFC shall be responsible for the administration of all matters in respect of monies deposited in, borrowed from, or investments made in connection with, the Pool. ASFC may contract with one or more other persons for the performance of functions which ASFC is obligated to perform for the Pool or the Participants pursuant to this Agreement, provided, however, that no such contract shall relieve ASFC of the responsibility for the proper performance of that function.
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Samples: Participation Agreement (American States Financial Corp), Participation Agreement (American States Financial Corp), Participation Agreement (American States Financial Corp)
