Example ContractsClausesDelegation of Authority for Day to Day Administration
Delegation of Authority for Day to Day Administration
Delegation of Authority for Day to Day Administration contract clause examples

Delegation of Authority for DaytoDay Administration. Except to the extent prohibited by Applicable Laws, the Administrator may delegate to one or more individuals the day-to-day administration of the Plan and any of the functions assigned to it in this Plan. Such delegation may be revoked at any time.

Joinder No. ​, dated as of ​ (this “Joinder”), to the Multiparty Guaranty set forth as Section 20 (as amended or otherwise modified from time to time, the “Multiparty Guaranty”) to that certain Second Amended and Restated Note Purchase and Private Shelf Agreement, dated as of June 8, 2023 (as amended or otherwise modified from time to time, the “Note Agreement”), executed by (the “Company”), the Subsidiary Guarantors party thereto, and the Purchasers party thereto. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Note Agreement.

Business Day. A day on which the Company’s corporate headquarters are open for regular business.

(iv) “Disclose” or “Disclosure” means the disclosure of Information to a person other than a party to this Agreement;

Next Trading Day. Whenever any payment or other obligation hereunder shall be due on a day other than a Trading Day, such payment shall be made on the next succeeding Trading Day.

Times of Day Unless otherwise specified, all references herein to times of day shall be references to Central time (daylight or standard, as applicable)

Times of Day; Rates. Unless otherwise specified, all references herein to times of day shall be references to Central time (daylight or standard, as applicable). The Administrative Agent does not warrant, nor accept responsibility, nor shall the Administrative Agent have any liability with respect to the administration, submission or any other matter related to the rates in the definition ofEurodollar Rate” or with respect to any comparable or successor rate thereto.

In the amount of ​.

Last Day of Employment. Employee's last day of employment with Employer is ​. Employee understands, however, that Employer, in its sole discretion, may request Employee to immediately cease performing work duties if Employer deems it is in its best interest to do so. Employee will, nonetheless, be paid until this last day of employment.

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