NO DELEGATION OF RESPONSIBILITIES Sample Clauses

The No Delegation of Responsibilities clause prohibits a party from transferring or assigning its contractual duties to another person or entity. In practice, this means that the party who originally agreed to perform certain obligations must fulfill them personally and cannot appoint a third party to do so on their behalf without explicit consent. This clause ensures that the other party receives the benefit of the agreed-upon performance and helps prevent issues that could arise from unapproved substitutions, thereby maintaining accountability and consistency in contract execution.
NO DELEGATION OF RESPONSIBILITIES. 2.1 Client acknowledges and agrees that the Solutions are not intended to, and shall not be deemed in any way to, eliminate, replace or substitute for, in whole or in part, the judgment of Client and/or Authorized Users, and Client shall have full responsibility for its business activities, and the actions or inactions of its employees, contractors, affiliates and clientele when performing those business activities, including, but not limited to, providing incident management, medical care, or financial assessments (together the "Business Actions"). Any reliance by Client's employees, contractors, affiliates and clientele on the Solutions in conjunction with their Business Actions shall not diminish Client’s responsibility for its Business Actions. 2.2 The Solutions are not designed, intended, or authorized for use in any lifesaving or life sustaining systems, or for any other application in which the failure of the Solutions could create a situation where personal injury or death may occur. Should Client or any of its Authorized Users use the Solutions for any such unintended or unauthorized use, Client shall indemnify and hold TRITAN and its shareholders, officers, subsidiaries and affiliates harmless from and against all claims, costs, damages, and expenses, and reasonable attorneys’ fees arising out of, directly or indirectly, any claim of product liability, personal injury or death associated with such unintended or unauthorized use of the Solutions, even if such claim alleges that TRITAN was negligent regarding the design or manufacture of the Software.
NO DELEGATION OF RESPONSIBILITIES. 2.1 Client acknowledges and agrees that the Solutions are not intended to, and shall not be deemed in any way to, eliminate, replace or substitute for, in whole or in part, the judgment of Client and/or Authorized Users, and Client shall have full responsibility for its business activities, and the actions or inactions of its employees, contractors, affiliates and clientele when performing those business activities, including, but not limited to, providing incident management, medical care, or financial assessments (together the "Business Actions"). Any reliance by Client's employees, contractors, affiliates and clientele on the Solutions in conjunction with their Business Actions shall not diminish Client’s responsibility for its Business Actions.
NO DELEGATION OF RESPONSIBILITIES. BMS may not assign or sublicense any of its responsibilities, obligations or services to be provided under this Agreement in the United States or the European Union to any person or entity other than an Affiliate of BMS without the prior written approval of Otsuka, which Otsuka may grant or withhold in its sole discretion for any or no reason (but BMS may subcontract certain of the services to be provided hereunder to the extent BMS typically subcontracts such services in the ordinary course of its and its Affiliates’ business).

Related to NO DELEGATION OF RESPONSIBILITIES

  • Delegation of Responsibilities The Advisor is authorized to delegate any or all of its rights, duties and obligations under this Agreement to one or more sub-advisors, and may enter into agreements with sub-advisors, and may replace any such sub-advisors from time to time in its discretion, in accordance with the 1940 Act, the Advisers Act, and rules and regulations thereunder, as such statutes, rules and regulations are amended from time to time or are interpreted from time to time by the staff of the Securities and Exchange Commission ("SEC"), and if applicable, exemptive orders or similar relief granted by the SEC and upon receipt of approval of such sub-advisors by the Board of Trustees and by shareholders (unless any such approval is not required by such statutes, rules, regulations, interpretations, orders or similar relief).

  • Allocation of Responsibilities The persons responsible for the Plan and the duties and responsibilities allocated to each are as follows:

  • IRO Responsibilities The IRO shall: 1. perform each Claims Review in accordance with the specific requirements of the CIA;

  • Allocation of Responsibility The City assumes no responsibility for the tax consequences of any VEBA contributions made by or on behalf of any member. Each union that elects to require VEBA contributions for the benefit of its members assumes sole responsibility for insuring that the VEBA complies with all applicable laws, including, without limitation, the Internal Revenue Code, and agrees to indemnify and hold the City harmless for any taxes, penalties and any other costs and expenses resulting from such contributions.

  • Specific Responsibilities Without limiting the responsibilities of the Manager, the Manager will: 1. Maintain office facilities (which may be in the offices of the Manager or a corporate affiliate but shall be in such location as the Trust reasonably determines). 2. Furnish statistical and research data, clerical services and stationery and office supplies. 3. Compile data for, prepare for execution by the Fund and file all the Fund’s federal and state tax returns and required tax filings other than those required by this Agreement to be made by the Fund’s custodian and transfer agent. 4. Prepare compliance filings pursuant to state securities laws with the advice of the Trust’s counsel. 5. Prepare the Trust’s Annual and Semi-Annual Reports to Shareholders and amendments to its Registration Statements (on Form N-1A or any replacement therefor). 6. Compile data for, prepare and file timely Notices to the SEC required pursuant to Rule 24f-2 under the 1940 Act. 7. Determine the daily pricing of the portfolio securities and computation of the net asset value and the net income of Fund in accordance with the Prospectus, resolutions of the Trust’s Board of Trustees, and the procedures set forth in EXHIBIT A: NET ASSET VALUE CALCULATIONS. 8. Keep and maintain the financial accounts and records of the Fund and provide the Trust with certain reports, as needed or requested by the Fund. 9. Provide officers for the Trust as requested by the Trust’s Board of Trustees. 10. Perform fund accounting services for the Fund as set forth in EXHIBIT B: FUND ACCOUNTING FUNCTIONS. 11. Generally assist in all aspects of the operations of the Fund.