Authority Requirements Sample Clauses

Authority Requirements. During the Compliance Period, the following provisions shall apply.
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Authority Requirements. 29 9.5 Limitations on General Partner's Power and Authority ............................ 30 9.6 Restrictions on Authority of General Partner.... 31 9.7
Authority Requirements. 34 Section 9.5 Limitations on General Partner's Power and Authority.....................................35 Section 9.6 Restrictions on Authority of General Partner.......35 Section 9.7 Duties of General Partner..........................37 Section 9.8 Obligations to Repair and Rebuild Apartment Housing.......................................39 Section 9.9 Partnership Expenses...............................39 Section 9.10 General Partner Expenses...........................40 Section 9.11 Other Business of Partners.........................40 Section 9.12 Covenants, Representations and Warranties..........40
Authority Requirements. 29 Section 9.5 Limitations on General Partner's Power and Authority..........................................30
Authority Requirements. During the Compliance Period, the following provisions shall apply: (i) each of the provisions of this Agreement shall be subject to, and the General Partner covenants to act in accordance with, the Credit Conditions and all applicable federal, state and local laws and regulations; (ii) the Credit Conditions and all such laws and regulations, as amended or supplemented, shall govern the rights and obligations of the Partners, their heirs, executors, administrators, successors and assigns, and they shall control as to any terms in this Agreement which are inconsistent therewith, and any such inconsistent terms in this Agreement shall be unenforceable by or against any of the Partners; (iii) upon any dissolution of the Partnership or any transfer of the Apartment Complex, no title or right to the possession and control of the Apartment Complex and no right to collect rent therefrom shall pass to any person who is not, or does not become, bound by the Credit Conditions in a manner that, in the opinion of counsel to the Partnership, would not adversely affect the ability of the owner(s) of the Apartment Complex to utilize the Credits or avoid a recapture thereof; and (iv) any conveyance or transfer of title to all or any portion of the Apartment Complex required or permitted under this Agreement shall in all respects be subject to the Credit Conditions and all conditions, approvals or other requirements of the rules and regulations of any Authority applicable thereto.
Authority Requirements. (a) The Partnership is authorized to execute a deed of trust note and deed of trust and security agreement in order to secure a loan to be made by the MHDC and to execute an MHDC regulatory agreement (MHDC Regulatory Agreement) and such other documents as may be required by MHDC, or any other lender in connection with such loan.
Authority Requirements. 2.1 During the continuance of the Agreement the Authority shall:
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Authority Requirements. The Contractor must: perform the Contractor's Activities so that the Contractor's Activities at all times and the Works (on Completion) comply with the: National Construction Code except to the extent otherwise specified in the Contract Particulars or notified in writing to the Contractor by the Contract Administrator; Statutory Requirements; and other requirements set out in the Contract Particulars or notified in writing to the Contractor by the Contract Administrator; apply for all Approvals, give all notices and pay all fees necessary to perform its Contract obligations; and give the Principal copies of all relevant Approvals. If the requirements with which the Contractor must comply under this clause 7.3 change after the Award Date, the Contractor must give written notice to the Contract Administrator seeking instructions. Any instruction issued by the Contract Administrator that requires the Contractor to do more work than could reasonably have been anticipated at the Award Date will, subject to the Contractor complying with clause 12, entitle the Contractor to payment for the extra work as a Variation.
Authority Requirements. 29 9.5 Limitations on Managing Member's Power and Authority ............................ 29 9.6 Restrictions on Authority of Managing Member.... 30 9.7 Duties of Managing Member ...................... 32 9.8 Obligations to Repair and Rebuild Apartment Housing......................................... 33 9.9
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