The Trustees and the Agent Clause Samples
The clause titled "The Trustees and the Agent" defines the roles, responsibilities, and authority of the trustees and the agent within the context of the agreement. It typically outlines how the trustees are to act collectively or individually, the scope of the agent's powers to act on behalf of the trustees, and any limitations or requirements for decision-making or delegation. For example, it may specify that the agent can execute documents or take certain actions as directed by the trustees, or clarify how instructions are to be communicated. This clause is essential for ensuring clarity in the administration of the trust or agreement, preventing disputes over authority, and facilitating efficient management by delineating who can act and under what circumstances.
The Trustees and the Agent. Each of the Trustees and the Agent makes no representation or warranty as to the validity or sufficiency of this Supplemental Indenture or with respect to the recitals contained herein, all of which recitals are made solely by the other parties hereto.