Common use of Delegation of Powers Clause in Contracts

Delegation of Powers. The Pledgee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretion vested in it by, this Agreement in such manner, upon such terms and to such Person as the Pledgee in its absolute discretion may think fit.

Appears in 6 contracts

Sources: Share Pledge Agreement (Solutia Inc), Trademark Pledge Agreement (Solutia Inc), Trademark Pledge Agreement (Solutia Inc)

Delegation of Powers. The Pledgee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretion vested in it by, this Agreement in such manner, upon such terms and to such Person person as the Pledgee in its absolute discretion may think fit.

Appears in 2 contracts

Sources: Floating Charge Agreement (Solutia Inc), Loan and Security Agreement (Allied Defense Group Inc)

Delegation of Powers. The Pledgee shall be entitled, at any time and as often as may be expedient, to delegate all or any of the powers and discretion vested in it by, this Agreement in such manner, upon such terms and to such Person as the Pledgee in its absolute discretion may think fit.. - 17 - ----------------------------------------------------------------------------

Appears in 1 contract

Sources: Share Pledge Agreement (Solutia Inc)