Fiduciary Agent Clause Samples

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Fiduciary Agent. The City of Dublin will act as the fiduciary agent and engage the Contractor in a Funding Agreement with a term of 14 months, not to exceed $321,495 for Project Start Up Costs and Project Budget Year 1 Costs as defined in the Funding Agreement attached as Exhibit A to this MOU.
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Fiduciary Agent. In accordance with SUNY regulations to comply with IRS Code for voluntary savings plans, effective January 1, 2009 authorized insurers and investment companies available to community college employees through SUNY’s plan are limited to TIAA-CREF, AIG, ING, Met Life and Fidelity.
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Fiduciary Agent. To the extent that the contribution of a US Receivable by such US Originator to the US Master Purchaser does not entitle the US Master Purchaser to the entire interest therein, the US Originator shall hold such remaining interest as fiduciary agent for the US Master Purchaser and shall not thereafter deal in any way with such remaining interest in such US Receivable save as expressly permitted under this Agreement;
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Fiduciary Agent. Each US Originator shall hold as fiduciary agent for the sole benefit of the US Master Purchaser any Contracts and other documentary items and evidence relating to any outstanding US Receivables contributed by such US Originator at the office specified in Clause 7.2 of the Framework Deed.
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Fiduciary Agent. To the extent that the sale of a Dutch Receivable to the European Receivables Warehouse Company does not entitle the European Receivables Warehouse Company to the entire interest therein, the relevant Dutch Originator shall hold such interest as fiduciary agent for the European Receivables Warehouse Company or the European Master Purchaser, as the case may be, and shall not thereafter deal in any way with any interest in the relevant Dutch Receivable save as expressly permitted under this Agreement or the Onward Dutch Master Receivables Purchase Agreement.
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Fiduciary Agent. The Fiduciary Agent shall invoice and receive all funding as agreed on by the Member Towns; collect any past due funding; receive any grants to the Association; and process and make all expenditures on behalf of the Association upon the approval of valid invoices submitted by the Association. The Association shall delegate to one of the Member Town or County representatives the authority to act on the Association's behalf in any financial matters; such delegation to be made by vote of the Association and notification to the Fiduciary Agent. In the absence of such a delegation, the Chair of the Association shall act as such designee. Payroll for the Regional EMC position, as well as any expenses paid out for the regional EMC program, will be signed by the designee in accordance with the Fiduciary Agent’s warrant schedule. The Fiduciary Agent agrees to maintain files relating to the activities of the Association, to provide financial reports to the Member Towns and the County, and to assure that its municipal officers maintain appropriate performance bond. It is agreed that the Town of West Tisbury will be the fiduciary agent for the Association for a period of up to three years, expiring June 30, 2027. The Association may change the acting fiduciary agent in any fiscal year. In the event of a change, the prior town acting as such will transfer the remaining fund balance to the new fiduciary agent within thirty (30) days of the notification of the change.
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Fiduciary Agent. The Dutch Originators shall hold as fiduciary agent for the sole benefit of the European Receivables Warehouse Company any contracts and other documentary items and evidence relating to all outstanding Dutch Receivables at the offices specified in Clause 7.2 of the Framework Deed.
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Related to Fiduciary Agent

  • Fiduciary Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, ▇▇▇▇ IRAs, ▇▇▇▇▇▇▇▇▇ Education Savings Accounts, and 403(b) arrangements (such accounts, “Fiduciary Accounts”)), the Transfer Agent, at the request of the Fund, shall arrange for the provision of appropriate prototype plans as well as provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial services to be provided by State Street Bank and Trust Company (“State Street”), account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Fiduciary The Corporation hereby acknowledges that the Agent is acting solely as agent in connection with the offer and sale of the Offered Units. The Corporation further acknowledges that the Agent is acting pursuant to a contractual relationship created solely by this Agreement entered into on an arm’s length basis, and in no event do the parties intend that the Agent act or be responsible as a fiduciary to the Corporation, its management, shareholders or creditors or any other person in connection with any activity that the Agent may undertake or have undertaken in furtherance of such offer and sale of the Corporation’s securities, either before or after the date hereof. The Agent hereby expressly disclaims any fiduciary or similar obligations to the Corporation, either in connection with the transactions contemplated by this Agreement or any matters leading up to such transactions, and the Corporation hereby confirms its understanding and agreement to that effect. The Corporation and the Agent agree that they are each responsible for making their own independent judgments with respect to any such transactions and that any opinions or views expressed by the Agent to the Corporation regarding such transactions, including, but not limited to, any opinions or views with respect to the price or market for the Corporation’s securities, do not constitute advice or recommendations to the Corporation. The Corporation and the Agent agree that the Agent is acting as principal and not the agent or fiduciary of the Corporation and the Agent has not, and the Agent will not assume, any advisory responsibility in favour of the Corporation with respect to the transactions contemplated hereby or the process leading thereto (irrespective of whether the Agent has advised or is currently advising the Corporation on other matters). The Corporation hereby waives and releases, to the fullest extent permitted by law, any claims that the Corporation may have against the Agent with respect to any breach or alleged breach of any fiduciary duty to the Corporation in connection with the transactions contemplated by this Agreement.

  • FIDUCIARY RESPONSIBILITIES Each Member shall exercise all powers and perform all duties in good faith and shall act in all matters consistent with the duty of loyalty and the duty of care. Pursuant to Section ▇▇-▇▇-▇▇▇ of the Act, the Member acts in good faith if acting with a view to the interests of the limited liability company and of the members and with the degree of diligence, care and skill that ordinarily prudent persons would exercise in similar circumstances.

  • Absence of Fiduciary Relationship The Company acknowledges and agrees that: (a) the Agent is acting solely as agent in connection with the public offering of the Placement Shares and in connection with each transaction contemplated by this Agreement and the process leading to such transactions, and no fiduciary or advisory relationship between the Company or any of its respective affiliates, stockholders (or other equity holders), creditors or employees or any other party, on the one hand, and the Agent, on the other hand, has been or will be created in respect of any of the transactions contemplated by this Agreement, irrespective of whether or not the Agent has advised or is advising the Company on other matters, and the Agent has no obligation to the Company with respect to the transactions contemplated by this Agreement except the obligations expressly set forth in this Agreement; (b) it is capable of evaluating and understanding, and understands and accepts, the terms, risks and conditions of the transactions contemplated by this Agreement; (c) neither the Agent nor its affiliates have provided any legal, accounting, regulatory or tax advice with respect to the transactions contemplated by this Agreement and it has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate; (d) it is aware that the Agent and its affiliates are engaged in a broad range of transactions which may involve interests that differ from those of the Company and the Agent and its affiliates have no obligation to disclose such interests and transactions to the Company by virtue of any fiduciary, advisory or agency relationship or otherwise; and (e) it waives, to the fullest extent permitted by law, any claims it may have against the Agent or its affiliates for breach of fiduciary duty or alleged breach of fiduciary duty in connection with the sale of Placement Shares under this Agreement and agrees that the Agent and its affiliates shall not have any liability (whether direct or indirect, in contract, tort or otherwise) to it in respect of such a fiduciary duty claim or to any person asserting a fiduciary duty claim on its behalf or in right of it or the Company, employees or creditors of Company.

  • Fiduciary Matters It is acknowledged that actions required to be taken pursuant to this Agreement may be subject to fiduciary duties or standards of conduct under ERISA or other applicable law, and no Party shall be deemed to be in violation of this Agreement if it fails to comply with any provisions hereof based upon its good faith determination that to do so would violate such a fiduciary duty or standard. Each Party shall be responsible for taking such actions as are deemed necessary and appropriate to comply with its own fiduciary responsibilities and shall fully release and indemnify the other Party for any Liabilities caused by the failure to satisfy any such responsibility.