Common use of Delegation of Powers Clause in Contracts

Delegation of Powers. The Trustee may delegate to its agents any of its administrative duties or its powers to do specific things, and the delegate may receive all or part of the fees to which the Trustee is entitled hereunder, it being understood, however, that ultimate responsibility for administering the Account shall remain vested in the Trustee.

Delegation of Powers. The Trustee may delegate to its agents agents, including National Bank Financial Inc. (the “Agent”), any of its administrative duties or of its powers to do specific things, and the delegate may receive all or part of the fees to which the Trustee is entitled hereunder, it being understood, however, that ultimate responsibility for administering the Account Plan shall remain vested in the Trustee.

Delegation of Powers. The Trustee may delegate to its agents agents, including National Bank Financial Inc. (the “Agent”), any of its administrative duties or of its powers to do specific things, and the delegate may receive all or part of the fees to which the Trustee is entitled hereunder, it being understood, however, that ultimate responsibility for administering the Account Fund shall remain vested in the Trustee.

Delegation of Powers. The Trustee may delegate to its agents agents, including National Bank Financial Inc. (the “Agent”), any of its administrative duties or its powers to do specific things, and the delegate may receive all or part of the fees to which the Trustee is entitled hereunder, it being understood, however, that ultimate responsibility for administering the Account shall remain vested in the Trustee.