Common use of RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS Clause in Contracts

RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Manager in assuming responsibility for the various services as set forth in this Agreement reserves the right to enter into agreements with others for the performance of certain duties and services or to delegate the performance of some or all of such duties and services to Principal Mutual Life Insurance Company, or an affiliate thereof.

Appears in 39 contracts

Samples: Management Agreement (Princor Growth Fund Inc), Management Agreement (Princor High Yield Fund Inc), Management Agreement (Princor Blue Chip Fund Inc)

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RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Manager in assuming responsibility for the various services as set forth in this Agreement 1 and 2 above, reserves the right to enter into agreements with others for the performance of certain duties and services or to delegate the performance of some or all of such duties and services to Principal Mutual Life Insurance Company, or an affiliate thereof.

Appears in 2 contracts

Samples: Management Agreement (Principal Capital Accumulation Fund Inc), Management Agreement (Principal Variable Contracts Fund Inc)

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RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Manager in assuming responsibility for the various services as set forth in this Agreement reserves the right to enter into agreements with others for the performance of certain duties and services or to delegate the performance of some or all of such duties and services to Principal Mutual Life Insurance Company, into any such agreements shall not relieve the Manager of its duty to review and monitor the performance of such persons to the extent provided in the agreements with such persons or an affiliate thereofas determined from time to time by the Board of Directors.

Appears in 1 contract

Samples: Management Agreement (Principal Funds Inc)

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