Agency and Local Authority Statutory Authority Sample Clauses

Agency and Local Authority Statutory Authority. Nothing in this Agreement shall be construed as a xxxxxx or restriction on the exercise of the Authority's planning or highway function nor, without prejudice to the Academy’s rights and remedies under this Agreement on the exercise of any other statutory function by or on behalf of the Authority. Change in parties to this Agreement The rights and obligations of either Party under this Agreement shall not be assigned, novated or otherwise transferred other than: If by the Academy upon terms agreed in writing by the Secretary of State for Children Schools and Families (or the successor government body which assumes his functions for funding educational organisations of the Tenant’s kind). In the case of the Authority to any body which is also to become a party to the D&B Contract and to become the owner of the Authority's interest in the Property (or the ability to procure the grant of the Lease), such body to have the capacity, power and authority to become a party to this Agreement and to perform the obligations of the Authority under this Agreement being: a Minister of the Crown; any Local Authority which has sufficient financial standing or financial resources to perform the obligations of the Authority under this Agreement and the D&B Contract; any other public body or public or private registered company or other body corporate whose obligations under this Agreement are unconditionally guaranteed by the Authority or a Minister of the Crown having the legal capacity, power and authority to perform the obligations under the guarantee. Notification of a Change in Party Where a party (being so entitled) assigns novates or otherwise transfers its interest in this Agreement (a "Relevant Event") it shall prior to such assignment, novation or other transfer having effect notify the other party of the Relevant Event providing reasonable detail of the action undertaken and the identity of the person to whom such assignment, novation or other transfer has been made to.
Sample 1
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Agency and Local Authority Statutory Authority. Nothing in this Agreement shall be construed as a xxxxxx or restriction on the exercise of the Authority's planning or highway function nor, without prejudice to the Academy’s rights and remedies under this Agreement on the exercise of any other statutory function by or on behalf of the Authority.
Sample 1

Related to Agency and Local Authority Statutory Authority

  • Statutory Authority Connecticut General Statute §§ 10a-104, 10a-108, 4a-52a, and 10a-151b provide the University with authority to enter into contracts in the pursuit of its mission.

  • Governing Law, Regulatory Authority, and Rules The validity, interpretation and enforcement of this Agreement and each of its provisions shall be governed by the laws of the state of New York, without regard to its conflicts of law principles. This Agreement is subject to all Applicable Laws and Regulations. Each Party expressly reserves the right to seek changes in, appeal, or otherwise contest any laws, orders, or regulations of a Governmental Authority.

  • Governmental Authority and Licensing The Borrower and its Subsidiaries have received all licenses, permits, and approvals of all federal, state, and local governmental authorities, if any, necessary to conduct their businesses, in each case where the failure to obtain or maintain the same could reasonably be expected to have a Material Adverse Effect. No investigation or proceeding which, if adversely determined, could reasonably be expected to result in revocation or denial of any material license, permit or approval is pending or, to the knowledge of the Borrower, threatened.

  • Regulatory Authority If any regulatory authority having jurisdiction (or any successor boards or agencies), a court of competent jurisdiction or other Governmental Authority with the appropriate jurisdiction (collectively, the ''Regulatory Body'') issues a rule, regulation, law or order that has the effect of cancelling, changing or superseding any term or provision of this Agreement (the ''Regulatory Requirement''), then this Agreement will be deemed modified to the extent necessary to comply with the Regulatory Requirement. Notwithstanding the foregoing, if a Regulatory Body materially modifies the terms and conditions of this Agreement and such modification(s) materially affect the benefits flowing to one or both of the Parties, as determined by either of the Parties within twenty (20) business days of the receipt of the Agreement as materially modified, the Parties agree to attempt in good faith to negotiate an amendment or amendments to this Agreement or take other appropriate action(s) so as to put each Party in effectively the same position in which the Parties would have been had such modification not been made. In the event that, within sixty (60) days or some other time period mutually agreed upon by the Parties after such modification has been made, the Parties are unable to reach agreement as to what, if any, amendments are necessary and fail to take other appropriate action to put each Party in effectively the same position in which the Parties would have been had such modification not been made, then either Party shall have the right to unilaterally terminate this Agreement forthwith.

  • E1 Authority Data E1.1 The Contractor shall not delete or remove any proprietary notices contained within or relating to the Authority Data.

  • SIGNATORY AUTHORITY The signatories to this Agreement covenant and warrant that they have authority to execute this Agreement. By signing below, the undersigned agrees to the above terms and conditions.

  • Governmental Authorities; Consents No action by, consent, approval, permit or authorization of, or designation, declaration or filing with, any Governmental Authority or notice, approval, consent waiver or authorization from any Governmental Authority is required on the part of Acquiror with respect to the execution or delivery and performance of this Agreement by Acquiror or any Transaction Agreement to which any of Acquiror is a party, as applicable, or the consummation of the Transactions or the transactions contemplated thereby, except for (a) applicable requirements of the HSR Act, (b) the filing with the SEC of (i) the Proxy Statement (and the expiration of the waiting period in Rule 14a-6(a) under the Exchange Act or, if the preliminary Proxy Statement is reviewed by the SEC, receipt of oral or written notification of the completion of the review by the SEC) and (ii) such reports under Section 13(a) or 15(d) of the Exchange Act as may be required in connection with this Agreement, the Transaction Agreements or the Transactions or the transactions contemplated thereby, (c) such filings with and approval of Nasdaq to permit the Acquiror Common Stock to be issued in connection with the Transactions and the other Transaction Agreements to be listed on the Nasdaq, (d) the Acquiror Stockholder Approval, or (e) any actions, consents, approvals, permits or authorizations, designations, declarations or filings, the absence of which would not, individually or in the aggregate, reasonably be expected to have an Acquiror Material Adverse Effect.

  • Regulatory Authorizations Each Party represents and warrants that it has, or applied for, all regulatory authorizations necessary for it to perform its obligations under this Agreement.

  • Authority Data The Contractor shall use the Authority Data only as necessary for the performance of its obligations under this Contract unless otherwise authorised in writing by the Authority.

  • Authorization of Governmental Authorities No action by (including any authorization, consent or approval), in respect of, or filing with, any governmental authority or regulatory body is required for, or in connection with, the valid and lawful authorization, execution, delivery and performance by it of this Agreement, subject to, in the case of the Debtors, the entry by the Bankruptcy Court of the Approval Order.

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