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 Administrator may contract with others, subject to prior approval of the Fund's board of directors, for data systems, processing services and other administrative services. The Administrator may at any time or times in its discretion appoint (and may at any time remove) other parties, including parties affiliated with the Administrator, as its agent to carry out such provisions of the Agreement as the Administrator may from time to time direct; provided, however, that the appointment of any such agent shall not relieve the Administrator of any of its responsibilities or liabilities hereunder.

Appears in 17 contracts

Samples: Transfer Agency Agreement (Principal Funds, Inc.), Transfer Agency Agreement (Principal Variable Contracts Funds Inc), Transfer Agency Agreement (Principal Variable Contracts Funds Inc)

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RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Administrator may contract with others, subject to prior approval of the Fund's board of directorsat its own expense, for data systems, processing services and other administrative services. The Administrator may at any time or times in its discretion appoint (and may at any time remove) other parties, including parties affiliated with the Administrator, as its agent to carry out such provisions of the Agreement as the Administrator may from time to time direct; provided, however, that the appointment of any such agent shall not relieve the Administrator of any of its responsibilities or liabilities hereunder.

Appears in 6 contracts

Samples: Transfer Agency Agreement (Principal Special Markets Fund Inc), Transfer Agency Agreement (Principal Investors Fund Inc), Transfer Agency Agreement (Principal Investors Fund Inc)

RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Administrator may contract with others, subject to prior approval of the Fund's board Board of directorsTrustees, for data systems, processing services and other administrative services. The Administrator may at any time or times in its discretion appoint (and may at any time remove) other parties, including parties affiliated with the Administrator, as its agent to carry out such provisions of the Agreement as the Administrator may from time to time direct; provided, however, that the appointment of any such agent shall not relieve the Administrator of any of its responsibilities or liabilities hereunder.

Appears in 3 contracts

Samples: Transfer Agency Agreement (Principal Diversified Select Real Asset Fund), Transfer Agency Agreement (Principal Diversified Select Real Asset Fund), Transfer Agency Agreement (Principal Diversified Select Real Asset Fund)

RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Administrator may contract with others, subject to prior approval of the Fund's ’s board of directors, for data systems, processing services and other administrative services. The Administrator may at any time or times in its discretion appoint (and may at any time remove) other parties, including parties affiliated with the Administrator, as its agent to carry out such provisions of the Agreement as the Administrator may from time to time direct; provided, however, that the appointment of any such agent shall not relieve the Administrator of any of its responsibilities or liabilities hereunder.

Appears in 1 contract

Samples: Transfer Agency Agreement (Principal Investors Fund Inc)

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RESERVED RIGHT TO DELEGATE DUTIES AND SERVICES TO OTHERS. The Administrator may contract with others, subject to prior approval of the Fund's board of directorsBoard, for data systems, processing services and other administrative services. The Administrator may at any time or times in its discretion appoint (and may at any time remove) other parties, including parties affiliated with the Administrator, as its agent to carry out such provisions of the Agreement as the Administrator may from time to time direct; provided, however, that the appointment of any such agent shall not relieve the Administrator of any of its responsibilities or liabilities hereunder.

Appears in 1 contract

Samples: Transfer Agency Agreement (Principal Private Credit Fund I)

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